Lesser Amount definition

Lesser Amount means the amount paid by a residential Customer of the amount necessary to end the suspension of Tariff delivery service pursuant to the requirements of Public Service Law § 32 (5)(d), which amount shall be the lesser of (i) the total amount the Customer would have owed NATIONAL GRID for the period of non- payment if the entire service (i.e. Energy Commodity and Tariff delivery service) had been obtained from NATIONAL GRID, or (ii) the actual sum of the amount of arrears owed to ESCO and NATIONAL GRID.
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Lesser Amount means for Contracting and Participating Providers, the Lesser Amount means the Lesser of the Negotiated Amount or the Covered Charges. For Non-Participating Physicians and Other Professional Providers, the Lesser Amount means the Usual, Customary and Reasonable Amount (UCR Amount).
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Examples of Lesser Amount in a sentence

  • If there is a discrepancy between Words and Figures, the Lesser Amount shall be considered as valid.

  • Upon payment of the Lesser Amount, the unpaid portion of the Customer Accounts Receivable shall be identified and included in subsequent bills to Customer until either the unpaid amount is charged back under this Agreement or paid in full, whichever occurs first.

  • NATIONAL GRID agrees to calculate the fractional share of the Customer Payment (i.e., proration of Customer Payment) for each Party in accordance with HEFPA requirements except upon payment of the Lesser Amount, in which case the payment will be prorated to the Lesser Amount.

  • All Risk Hull Insurance on Aircraft Performing Services Hereunder Replacement Cost or Such Lesser Amount as may be Consented to by AWA, in writing 5.

  • All Risk Hull Insurance on Aircraft Replacement Cost or Such Performing Services Hereunder Lesser Amount as may be Consented to by AWA, in writing 5.

  • The Seller and the Initial Purchaser shall be entitled to the Lesser Amount and the Difference in the proportions described in the Forward Pricing Side Letter.