Examples of Revenue Requirement in a sentence
Gas Networks Ireland shall recover such costs from the Company through payments made or to be made in respect of amounts as specified in Clause 10.1.1 through 10.1.5 (inclusive) and through the Revenue Requirement in respect of the Committed Gas Flow during the Capital Recovery Period.
Table 1 Annual Committed Gas Flow (expressed in kWhr) Revenue Requirement Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 The amount in the above table are indications based on estimated numbers.
Once the date on which the Connection Facilities are or will become Operational is determined (or, otherwise agreed by the parties), and the Capital Recovery Amount has been determined, the Revenue Requirement and the Required Financial Security for each year of the Capital Recovery Period will be calculated for the purpose of this Connection Agreement and notified to the Company.
Table 1 below sets out an example of; The Annual Committed Gas Flow and Revenue Requirement in respect of each year of a Capital Recovery Period in each case based on the worked example of the Capital Recovery Amount referred to in Part 1 and on the same assumptions.
Gas Networks Ireland shall notify to the Company the amount of the Capital Recovery Amount and of the Revenue Requirement and required Financial Security as so determined by reference to the Capital Recovery Amount.