Regulatory Settings definition

Regulatory Settings means inputs relating to First Gas’ allowable return on investment as determined by the Commerce Commission, including weighted average cost of capital, leverage, cost of debt and asset life (or any such amended or replacement inputs and/or regulatory settings as apply from time to time);
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Regulatory Settings means inputs relating to First Gas’ allowable return on investment as determined by the Commerce Commission, including weighted average cost of capital, leverage, cost of debt and asset life; Remote Monitoring Equipment has the meaning set out in paragraph 1.3 of Schedule Two; Tax has the meaning set out in section 12.3; Termination Fee means, in respect of any Delivery Point for which an Interconnection Fee is payable, the amount that represents the cost to First Gas of that Delivery Point that remains to be recovered at the end of any Year, determined and notified by First Gas in accordance with section 11; and
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Regulatory Settings means inputs relating to First Gas’ allowable return on investment as determined by the Commerce Commission, including weighted average cost of capital, leverage, cost of debt and asset life; Remote Monitoring Equipment has the meaning set out in paragraph 1.3 of Schedule Two; Reset Date means the date on which new Regulatory Settings become effective; Scheduled Quantity means that part of the aggregate of Shippers’ Nominated Quantities at a Receipt Point for a Day approved by the Interconnected Party (as the OBA Party) thatand First Gas also approved in accordance with section 4 of the Code;
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Examples of Regulatory Settings in a sentence

  • First Gas will determine the provisional fees using the then-current Regulatory Settings and First Gas’ estimate of its cost to design, build, operate and maintain the Additional Delivery Point (Estimated DP Cost).

  • With effect from the first Reset Date after the Commencement Date and every subsequent Reset Date until the Expiry Date, First Gas will re-determine the Interconnection Fees and Termination Fees for each Year remaining until the Expiry Date using the then-current Regulatory Settings and the Actual RP Cost (the new fees to be effective from each Reset Date), and notify the Interconnected Party of those new fees in writing.

  • With effect from the first Reset Date after the Commencement Date, and from every subsequent Reset Date until the Expiry Date, First Gas will re-determine the Interconnection Fees and Termination Fees for each Year remaining until the Expiry Date using the then-current Regulatory Settings and the Actual DP Cost (the new fees to be effective from each Reset Date), and notify the Interconnected Party of those new fees in writing.

  • First Gas will determine those provisional fees using the then-current Regulatory Settings and First Gas’ reasonable estimate of the cost to First Gas to design, build, operate and maintain that Additional Receipt Point (and/or any Odorisation Facility (in each case, Estimated RP Cost).

  • Subject to sections 11.6 and 11.7, approximately 4 Months after the Gas-On Date, First Gas shall determine confirmed Interconnection and Termination Fees for each Year until the Expiry Date using the then-current Regulatory Settings and its actual cost to design, build, operate and maintain the Additional Delivery Point (Actual DP Cost).

  • First Gas will determine those provisional fees using the then-current Regulatory Settings and First Gas’ reasonable estimate of the cost to First Gas to design, build, operate and maintain that Additional Delivery Point (Estimated DP Cost).

  • Subject to sections 11.6 and 11.7, approximately 4 Months after the Gas-On Date, First Gas shall determine confirmed Interconnection and Termination Fees for each Year until the Expiry Date using the then-current Regulatory Settings and its actual cost to design, build, operate and maintain the Additional Receipt Point (Actual RP Cost).

  • With effect from the first Reset Date after the Commencement Date and every subsequent Reset Date until the Expiry Date, First Gas will re-determine the Interconnection Fees and Termination Fees for each Year remaining until the Expiry Date using the then-current Regulatory Settings and the Actual DP Cost (the new fees to be effective from each Reset Date), and notify the Interconnected Party of those new fees in writing.

  • First Gas will determine the provisional fees using the then-current Regulatory Settings and First Gas’ estimate of its cost to design, build, operate and maintain the Additional Receipt Point (Estimated RP Cost).

  • Subject to sections 11.6 and 11.7, approximately 4 Months after the Gas-On Date, First Gas shall determine confirmed Interconnection and Termination Fees for each Year until the Expiry Date using the then-current Regulatory Settings and its actual cost to design, build, operate and maintain the Additional Delivery Point (Actual RP Cost).