Examples of Pay zone in a sentence
Special meetings of the Council may be called by the Dean of Science or upon the petition of at least 15 members of the Council.
First, the Authority found that the rentals payable in the Take or Pay zone do not reflect a reasonable estimate of National Grid’s avoided costs (given that the company is no longer required to maintain or provide other services in relation to the meter).
If a supplier removes meters beyond the Take or Pay zone and pays PRCs for those meters, the on-going commitment under the Legacy MSA is reduced by the number of meters for which a PRC has been paid.
If the remaining stock actually rented that month is below 90 per cent of the glidepath commitment, the supplier must pay National Grid the BLRs for the meters in the Take or Pay zone and in addition pays a one-off fee per meter for any meter beyond the 10 per cent Take or Pay zone.
That would result in it replacing about 1.5 million additional DCMs (about half a million each year) and would take the gas supplier into the Take or Pay zone but would not incur any PRCs. In the second scenario the gas supplier decides to replace 65 per cent more DCMs than the glidepath allows for in each of the first three years of the contract.
Nezdanitelné části základu dan˘e a položky snižující zá- klad dan˘e, [in:] Zdaňování příjmů fizckých a právnických osob 2016, (ed.) V.
The requirements of this agreement apply to all residents, regardless of the type of housing services supplied: traditional hall, suite, or apartment style.
In this judgment we refer to this 10 per cent tolerance band as the “Take or Pay zone” and to the charges set for removed meters falling in the Take or Pay zone as “Below Line Rentals” or “BLRs”.
This would result in replacing about 2 million extra meters and would take the gas supplier beyond the Take or Pay zone into the payment of PRCs.
The contract also includes PRCs but there is no Take or Pay zone and hence no BLRs. PRCs are not calculated on the basis of a scheduled glidepath which reduces annually but on the number of years that have elapsed since the individual meter was installed.