normative value definition

normative value the cost of reference established in the resolution set by ANEEL for the generating source of the competitive sort.
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normative value means a value above which a hydro station would gain incentives.
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Related to normative value

  • Capitalization Rate means 7.00%.

  • Capitalized Value means, as of any date, Annualized EBITDA divided by the Capitalization Rate.

  • Capitalization Value means the sum of (i) Combined EBITDA capitalized at an annual interest rate equal to 8.25%, and (ii) Cash and Cash Equivalents, and (iii) Construction Asset Cost.

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Stored value means monetary value that is evidenced by an electronic record.