Maximum Allowed Revenue definition

Maximum Allowed Revenue means the maximum amount that can be recovered in
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Maximum Allowed Revenue means the maximum amount that can be recovered in a Relevant Year through charges for the provision of Transmission Use of System Services, the revenue from which is regulated under this schedule; "Maximum Transmission System Demand" means the maximum average electricity demand in anhour (in MW) metered at exit points on the Licensee's Transmission Systems;
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Maximum Allowed Revenue means the maximum amount that can be recovered in a Relevant Year through charges for the provision of Bulk Supplies of electricity and water (including Exports), demineralised water, and Ancillary Services, the revenue from which is regulated under this schedule;
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Examples of Maximum Allowed Revenue in a sentence

  • Should the relevant consumers elect to bypass the NTS, large volumes could be lost from the NTS whilst the Maximum Allowed Revenue (MAR) nevertheless remains unchanged.

  • Transmission Network Use of System Charges are set to recover the Maximum Allowed Revenue as set by the Price Control (where necessary, allowing for any Kt adjustment for under or over recovery in a previous year net of the income recovered through pre-vesting connection charges).

  • Revenue is subject to Maximum Allowed Revenue (“MAR”) calculated in accordance with a formula as defined in the License document issued by DOE.

  • In addition an error margin is applied to the €2.50/MWh figure to account for difference in one year ahead forecast and outturn values for Forecast TO Maximum Allowed Revenue (£) and Generation Output (MWh), based on previous years error at the time of calculating the error for Charging Year n.

  • A Maximum Allowed Revenue (MAR) defined for these activities and those associated with pre-vesting connections is set by the Authority at the time of the Transmission Owners’ price control review for the succeeding price control period.

  • Modelling using 0678A for Gas Year 20/21 this would be made of £28.7m of NTS OCC contributions and £155.5m of socialisation based on a Transmission Owner and System Operator revenues which equates to approximately 20% of Maximum Allowed Revenue for that period.

  • Table 1 - Maximum Allowed Revenue (ARt)Purpose and Use by OFGEMThe purpose of this table is to highlight how the maximum allowed revenue for the licensee is arrived at.

  • Modelling using the revised Methodology for Gas Year 2020/21 shows this would be made up of £28.7m of NTS OCC contributions and £155.5m of socialisation based on a Transmission Owner and System Operator revenues which equates to approximately 20% of Maximum Allowed Revenue for that period.

  • The position of these items previously indicated they had a significant impact on Maximum Allowed Revenue (MAR).

  • If, in respect of any 2 successive Relevant Years, the Actual Regulated Revenue is less than 90 per cent of the Maximum Allowed Revenue, the Authority, after consultation with the Licensee, may direct that in calculating Kt in respect of the next following Relevant Year, there should be substituted for ARRt-1 in the formula set out in paragraph 1 such figure as the Authority may specify being not less than ARRt-1 and not more than 0.9 * (MARt-1).


More Definitions of Maximum Allowed Revenue

Maximum Allowed Revenue has the meaning in the National Electricity Rules.
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Maximum Allowed Revenue means the maximum amount that can be
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Related to Maximum Allowed Revenue

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and

  • Deferred Revenue is all amounts received or invoiced in advance of performance under contracts and not yet recognized as revenue.

  • Maximum Annual Debt Service means, as of the date of any calculation, the largest Annual Debt Service during the current or any future Bond Year.