LSM definition
Examples of LSM in a sentence
For the purpose of calculating a Billing Demand charge for an Estimated ▇▇▇▇, the demand charge will be calculated based on the Load Split Methodology that is applicable to the Customer as follows: • For Customers whose Allocation is subject to a Load Factor Sharing/LFS LSM, the estimated demand (kW) will be calculated based on an average of the Customer’s Billing Demand (kW) values for the previous three (3) consecutive Billing Periods.
For the purpose of calculating a Billing Energy charge for an Estimated ▇▇▇▇, the energy charge will be calculated based on the Customer’s Load Split Methodology as follows: • For Customers whose Allocation is subject to a Load Factor Sharing/LFS LSM, the estimated energy (kWh) will be based on the average of the Customer’s Billing Energy (kWh) values for the previous three (3) consecutive Billing Periods.
Broker agrees to make its policies and procedures available to LSM upon request.
As part of the recertification process with LSM, Broker shall provide LSM with a written attestation of its compliance with all aspects of the Compensation Rule.
Broker shall retain all documentation including, without limitation, all records sufficient to evidence all compensation it receives from a creditor, a consumer or other person, regarding a Covered Transaction between itself and LSM for a period of not less than three (3) years after the date of its receipt of Compensation, or longer if required by applicable state law.
Nothing contained herein shall constitute a partnership or joint venture between or among LSM and Broker.
Broker shall at no time and under no circumstances represent or hold itself out to any third party, either expressly or impliedly, as an agent or employee of LSM.
Payment to LSM in full of any reimbursement amount owed by ▇▇▇▇▇▇ under the EPO/EPD Policy will be required within thirty (30) days of ▇▇▇▇▇▇’s receipt of a billing statement reflecting a reimbursement amount due to LSM.
Broker has no authority, either expressly or impliedly, under this Agreement or otherwise, to enter into any contract or agreement with any third party by or on behalf of LSM.
The LSM was then placed in their lane at the lettered step containing a salary nearest to the Product.