Memo Account(s) definition

Memo Account(s) means, as to any Borrower, amounts recorded on such Borrower’s accounting records for services that have been rendered to customers pursuant to approved time sheets or electronic approvals as to which payroll obligations of a Borrower have arisen by virtue of having provided such services and which have not as yet been billed or invoiced to such customers.
Sample 1

Examples of Memo Account(s) in a sentence

  • As part of the settlement, the parties agree to use ORA’s estimate for SJWC officer compensation.REFERENCES: SJW-5, San Jose Water Company Application Exhibit E – Report on Results of Operations, Chapter 5, Chapter 22; ORA-4C, Office of Ratepayer Advocates Report and Recommendations on SJWC’s General Rate Case Requests RegardingOperation and Maintenance Expenses, Administrative and General Expenses, and Balancing and Memo Accounts for Test Year 2019 (Confidential Version), pp.

  • SJWCORASettlement$3,814,511$3,989,089$3,814,511REFERENCES: SJW-6C, San Jose Water Company Application Exhibit F – Workpapers (Confidential), Worksheet CH-17; ORA-4, Office of Ratepayer Advocates Report and Recommendations on SJWC’s General Rate Case Requests Regarding Operation and Maintenance Expenses, Administrative and General Expenses, and Balancing and Memo Accounts for Test Year 2019 (Public Version), p.

  • SJWCORASJWC RebuttalSettlement$2,050,000$169,250$336,000$252,625REFERENCES: SJW-6C, San Jose Water Company Application Exhibit F – Workpapers (Confidential), Worksheet CH-9; ORA-4, Office of Ratepayer Advocates Report and Recommendations on SJWC’s General Rate Case Requests Regarding Operation and Maintenance Expenses, Administrative and General Expenses, and Balancing and Memo Accounts for Test Year 2019 (Public Version), pp.

  • SJWCORASettlement$1,835,000$0$1,789,125REFERENCES: REFERENCES: SJW-6C, San Jose Water Company Application Exhibit F – Workpapers (Confidential), Worksheet CH-8; ORA-4, Office of RatepayerAdvocates Report and Recommendations on SJWC’s General Rate Case Requests Regarding Operation and Maintenance Expenses, Administrative and General Expenses, and Balancing and Memo Accounts for Test Year 2019 (Public Version), pp.

  • Pursuant to D.12-04-021, SoCalGas and SDG&E created Memo Accounts to record PSEP-related Operations and Maintenance costs (O&M) and capital costs.In D.14-06-007, the Commission approved the PSEP, with some exceptions, but did not approve implementation costs due to the lack of specific detail in the proposed budged.

  • The authorization is broken down by category and reflects the positions taken by each applicant in the proceeding: remediation) Subtotal$35,311,567 This proceeding is closed.1. Background1.1. The Commission’s Pipeline SafetyDecisions Following the San Bruno ExplosionSouthern California Gas Company (SoCalGas) and San Diego Gas& Electric Company (SDG&E) seek to recover the Pipeline Safety and Reliability Memorandum Accounts‟ (Memo Accounts) reasonable and prudent revenue requirements in customer rates.

  • Whether the costs recorded in the Memo Accounts were prudently incurred and were necessary costs to properly implement SDG&E and SoCalGas‟ Safety Enhancement program.

  • The advice letters request the establishment of new Electric Rules—Electric Rule 45 for San Diego Gas & Electric Company and Electric Rules 29 for Southern California Edison Company and Pacific Gas and Electric Company—known as the EV Infrastructure Rules (Rules), and associated Memorandum Accounts (Memo Accounts) to track the costs associated with offering these new Rules.

  • Further, in order to evaluate and determine reasonableness of costs, we see value in directing the IOUs to take a granular approach to cost data reporting within their Memo Accounts.

  • This error relates to CPUC Balancing Accounts (BAs) and Memo Accounts (MAs) which were erroneously identified as having 100% recovery through CPUC rates, when in fact they are jurisdictionalized.

Related to Memo Account(s)

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Locked Box Accounts means the unaudited, aggregated balance sheet of the Group as at the Locked Box Date, in the agreed form;

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Collection Accounts As defined in Section 3.10(a).

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Separate Accounts means the accounts which are to be prepared for each

  • Special Accounts means the accounts referred to in Section 2.02 (b) of this Agreement.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s). 1.2 Interpretation 1.2.1 References to Lenders’ Representative shall, unless repugnant to the context or meaning thereof, mean references to the Lenders’ Representative, acting for and on behalf of Senior Lenders. 1.2.2 The words and expressions beginning with capital letters and defined in this Agreement shall have the meaning ascribed thereto herein, and the words and expressions used in this Agreement and not defined herein but defined in the Development Agreement shall, unless repugnant to the context, have the meaning ascribed thereto in the Development Agreement. 1.2.3 References to Clauses are, unless stated otherwise, references to Clauses of this Agreement. 1.2.4 The rules of interpretation stated in Clauses 1.2, 1.3 and 1.4 of the Development Agreement shall apply, mutatis mutandis, to this Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Other Accounts means all of the accounts and funds, other than the Sub-Advised Assets, managed by the Sub-Adviser for or on behalf of Northern Trust Investments, Inc. and/or its affiliates that have a substantially similar investment strategy for which the Sub-Adviser is being engaged pursuant to this Agreement.

  • Lockbox Accounts means the accounts maintained by Borrower at the Lockbox Banks into which all collections or payments on their Accounts and other Collateral are paid.

  • Reserve Accounts means the Tax and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Excluded Accounts means any deposit account or securities account used exclusively as (a) payroll and other employee wage and benefit accounts, (b) tax accounts, including sales tax accounts, (c) escrow, fiduciary or trust accounts, (d) zero balance accounts and (e) the funds or other property held in or maintained in any such account identified in clauses (a) through (d).

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Accounts means all presently existing and hereafter arising accounts, contract rights, and all other forms of obligations owing to Borrower arising out of the sale or lease of goods (including, without limitation, the licensing of software and other technology) or the rendering of services by Borrower, whether or not earned by performance, and any and all credit insurance, guaranties, and other security therefor, as well as all merchandise returned to or reclaimed by Borrower and Borrower's Books relating to any of the foregoing.