Monthly Reservation Charge definition

Monthly Reservation Charge means the reservation component of

Examples of Monthly Reservation Charge in a sentence

  • Present value formula: (Monthly Reservation Charge ) x [1-(1+i)-n ]=Present Value ( Per Unit ) [ i ] per Unit Where: i = interest rate per month, i.e., overall rate of return divided by 12 months.

  • In respect of any Month in which an event of Force Majeure occurs or is continuing the Monthly Reservation Charge shall not be reduced and is payable by the Shipper in accordance with the Gas Transportation Agreement.

  • A User's share of the Total Revenue Credit will be applied against the User's Monthly Reservation Charge over the next 12 months in equal amounts over the period.

  • Service taken under this rider shall not be subject to the Monthly Reservation Charge as defined in Section 3(B) of the L-17-EP rider.

  • Monthly Reservation Charge x [1-(1+i)-n ]=Present Value Per Unit [ i ] per Unit Where: i = interest rate per month, i.e., overall rate of return divided by 12 months.

  • The Monthly Reservation Charge hereunder shall be equal to the Customer's Economy Power Contract Demand for such Billing Month, in kilowatts, times $1.81 per kilowatt.

  • Reservation Charge - Monthly Reservation Charge multiplied by the Billing Demand as defined in the General Terms and Conditions set forth from time to time on Statement of Rates for Rate Schedule FTS of this Tariff or superseding Tariff.

  • Endogenous Expec-tationsExpectations originating from learning experiences andnetwork composition within the niche.

  • In the event a force majeure condition occurs on Transporter’s system (e.g., line explosion, etc.) that is the responsibility of Transporter, when alternative firm transportation arrangements cannot be agreed upon by Transporter and Shipper, Transporter shall provide a daily credit of the Monthly Reservation Charges paid by Shipper equal to the actual daily quantity curtailed multiplied by the Monthly Reservation Charge computed at 100% load factor for the duration of the force majeure event.

  • The monthly minimum bill shall be the greater of the Monthly Reservation Charge or charges for actual Back-up Power usage.(c) Back-up Power will be billed using the following charges:Service at 480 Volts or Less Service at 12,470 VoltsService at 69,000 Volts or HigherDistribution Charge (C) (Continued) RULE 6A - STAND-BY SERVICE (C)FOR QUALIFYING FACILITIES (CONTINUED) E.

Related to Monthly Reservation Charge

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Administration Charge means a charge established in accordance with Chapter 90.50A RCW and Chapter 173-98 WAC, to be used to pay Ecology’s cost to administer the State Revolving Fund by placing a percentage of the interest earned in an Administrative Charge Account.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Resource Substitution Charge means a charge assessed on Capacity Market Buyers in an Incremental Auction to recover the cost of replacement Capacity Resources.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Access Charge has the meaning set out in Clause 6.1;

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Utility Reservations means Seller’s interest in the right to receive immediately on and after Closing and continuously consume thereafter water service, sanitary and storm sewer service, electrical service, gas service and telephone service on and for the Land and Improvements in capacities that are adequate continuously to use and operate the Improvements for the purposes for which they were intended, including, but not limited to (i) any right to the present and future use of wastewater, drainage, water and other utility facilities to the extent such use benefits the Real Property, (ii) any reservations of or commitments covering any such use in the future, and (iii) any wastewater capacity reservations relating to the Real Property. Buyer shall be responsible for any requests or documents to transfer the Utility Reservations, at Buyer’s sole cost and expense.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Additional Servicing Expenses means (a) all Property Protection Advances, fees and/or expenses incurred by and reimbursable to any Servicer, Trustee, Certificate Administrator or fiscal agent pursuant to the Servicing Agreement relating solely to the Mortgage Loan, and (b) all interest accrued on Advances made by (x) any Servicer or Trustee in accordance with the terms of the Servicing Agreement or (y) any Non-Lead Servicer or Non-Lead Trustee in accordance with the terms of the Non-Lead Securitization Servicing Agreement.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.