RRB Charge definition

RRB Charge means the portion (which may become all) of the Seller's "stranded cost recovery charge" designated pursuant to the Finance Order and RSA 369-B:2, XIII as the RRB Charge, as the same may be adjusted from time to time as provided in the Finance Order.

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RRB Charge means the portion (which may become all) of the Seller's CTA designated pursuant to the Financing Order as the RRB Charge (including, without limitation, the RRB Charge included in special contract customer rates), as the same may be adjusted from time to time as provided in the Financing Order, and may in the future include a pro rata component of any exit fee collected pursuant to Section 16-245w of the Connecticut General Statutes.

RRB Charge means the portion (which may become all) of the Seller’s “stranded cost recovery charge” designated pursuant to the Finance Order and RSA 369- B:2, XIII as the RRB Charge, as the same may be adjusted from time to time as provided in the Finance Order.

Examples of RRB Charge in a sentence

• Notwithstanding the foregoing, the Seller makes no representation or warranty that the assumptions used in calculating such RRB Charge will in fact be realized.

• Table I below shows the current assumptions for each of the variables used in the RRB Charge calculation.

• On the Closing Date, based upon the information available to the Seller on the Closing Date, the assumptions used in calculating the initial RRB Charge are reasonable and are made in good faith.

• If the Seller receives any payments in respect of the RRB Charge or the proceeds thereof when it is not acting as the Servicer, the Seller agrees to pay to the Servicer all payments received by it in respect thereof as soon as practicable after receipt thereof by it.

• The costs of any such action shall be payable from RRB Charge Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture.

• The predecessor Servicer shall cooperate with the successor Servicer, the Issuer and the Trustee in effecting the termination of the responsibilities and rights of the predecessor Servicer under this Agreement, including the transfer to the successor Servicer for administration by it of all cash amounts that shall at the time be held by the predecessor Servicer for remittance, or shall thereafter be received by it with respect to the RRB Property or the RRB Charge.

• Using the methodology approved by the Commission in the Finance Order, this filing modifies the variables used in the RRB Charge calculation and provides the resulting modified RRB Charge.

• Table I shows the revised assumptions for each of the variables used in calculating the RRB Charge for customers.

• This filing establishes the revised RRB Charge to be assessed and collected from retail users of PSNH's distribution system within PSNH's service territory, whether or not energy is purchased from PSNH or third party supplier, and whether or not such distribution system is being operated by PSNH or a successor distribution company.

• The Servicer also shall be entitled to retain as additional compensation (i) any interest earnings on RRB Charge Payments received by the Servicer and invested by the Servicer pursuant to Section 6(c) of Annex I hereto prior to remittance to the Collection Account and (ii) all late payment charges, if any, collected from customers or TPSs.

More Definitions of RRB Charge

RRB Charge means the non-bypassable rate reduction bond charge permitted to be charged by the Seller to Obligors as part of a competitive transition assessment pursuant to the Financing Order of the Connecticut Department of Public Utility Control in DPUC-Docket No. 00-05-01, issued on November 8, 2000, supplemented December 12, 2000 and as further supplemented March 12, 2001, including, in case of special contract customers, the portion of the contract charge allocated to the RRB Charge, and which may increase or decrease from time to time as provided in such Financing Order.

RRB Charge. Part 1 of the SCRC, which is dedicated to the payment of the RRBs. RRB Costs: Principal, interest, credit enhancement costs, fees and expenses with respect to RRBs. RRB Property: An irrevocable property right to bill and collect nonbypassable RRB Charges in amounts sufficient to recover the RRB Costs.

RRB Charge means the non-bypassable rate reduction bond charge permitted to be charged by the Originator to Obligors as part of a competitive transition assessment pursuant to the Financing Order, including, in case of special contract customers, the portion of the contract charge allocated to the RRB Charge, and which may increase or decrease from time to time as provided in the Financing Order.