IFC Charges definition
IFC Charges shall refer to Instrument Funding Charges, or equivalent amounts billed by Utility as servicer pursuant to a transitional funding order of the Illinois Commerce Commission (“Commission”).
Examples of IFC Charges in a sentence
The purpose of this Agreement is to identify the terms and conditions under which the BILLING AGENT must remit to IP the payment of IFC Charges.
Cumulative IFC Charges as of Prior Month End: $____________(2) Notation Whether IFC Levels exceed Applicable Rates for any IFC Customer Class (If answer is yes, list affected classes and respective rate and IFC levels for such classes).