MPP Costs definition
Examples of MPP Costs in a sentence
Participants’ payment obligations for Variable MPP Costs under Section 9.1 shall be calculated as follows.
For each Fiscal Year, NCPA shall estimate the total Variable MPP Costs to be incurred under this Agreement.
As part of NCPA’s regular, monthly, advance billing (the “All Resources Bill”) or by separate special invoice, as required in the circumstances, NCPA will issue an invoice to each Participant that will include its Subscription Percentage share of the Commodity Costs, Commodity Revenues, MPP Costs and Transactions Specific Costs due or payable (or any adjustments thereto) in accordance with Section 9.
A share of the estimated total Variable MPP Costs will be allocated to each Participant based on each Participant’s proportionate share of the total Participants’ Contract Transaction volumes for all Approved Products forecasted to be transacted during the Fiscal Year, as estimated by NCPA in its sole discretion.