Stranded Costs definition
Stranded Costs means all costs incurred by NCPA in providing Services to Contracting Members under this Agreement that could not reasonably be avoided by NCPA from the date it receives a written Notice of Termination. Such costs may include, but not be limited to, salary and employment costs, rent, utilities, or contracts incurred to provide Services under this Agreement. In this regard, Contracting Members acknowledge that NCPA will be entering into professional services agreements with third persons under the terms of this Agreement, and that sums owing to such third persons may become Stranded Costs upon termination of this Agreement.
Stranded Costs. ' means costs, liabilities, and investments, such as uneconomic assets, that electric utilities would reasonably expect to recover if the existing regulatory structure with retail rates for the bundled provision of electric service continued and that will not be recovered as a result of restructured industry regulation that allows retail choice of electricity suppliers, unless a specific mechanism for such cost recovery is provided. Stranded costs may only include costs of:
Stranded Costs means that portion of generation assets, generation-related regulatory assets or long-term contract costs determined by the authority in accordance with the provisions of subsections (e), (f), (g) and (h) of this section;
Examples of Stranded Costs in a sentence
Any Stranded Costs in connection with such termination shall be borne equally by the Parties.
More Definitions of Stranded Costs
Stranded Costs shall have the meaning set forth in Section 4.1(b).
Stranded Costs means [*].
Stranded Costs means any direct costs and expenses resulting from pre-existing obligations to third parties, to the extent that such costs or expenses are not otherwise recoverable from Recipient due to early termination of a Service, and to the extent such costs or expenses (x) relate to the period between the effective date of an early termination of a Service and the date on which such Service had originally been scheduled to terminate, including all pre-existing payment obligations that relate to such period that cannot be terminated, and/or (y) relate to any penalties, fees or other costs or expenses paid to third parties which would not have been incurred but for the early termination or partial termination of such contract or obligation.
Stranded Costs means, with respect to any particular Service, the amounts identified as “Stranded Costs” for early termination, if any, in Annex I or Annex II, as applicable. Action Separation Agreement Additional Services Section 1.2(a) Affiliate Separation Agreement Agreement Preamble Ancillary Agreements Separation Agreement Asset Transfer Agreement Recitals Change Section 1.2(b) Change Request Section 1.2(b) Consents Section 1.1(d) Contract Separation Agreement Cutover Section 1.1(e) Cutover Plan Section 1.1(e) Distribution Separation Agreement Early Termination Notice Section 3.3 Effective Date Preamble Expenses Section 2.1 Fees Section 2.1 Force Majeure Event Section 7.1 Law Separation Agreement Liabilities Separation Agreement Party(ies) Preamble Payee Section 2.3 Payor Section 2.3 Person Separation Agreement Project Managers Section 1.1(f) Separation Recitals Separation Agreement Recitals Service Modification Section 1.2(a) Service Standards Section 1.3(a) Service Managers Section 1.1(f) Service Taxes Section 2.3 Service Term Section 3.2 Services Section 1.1(a) Subsidiary Separation Agreement Tax Matters Agreement Separation Agreement TEN Preamble TEN Business Separation Agreement Term Section 3.1 Termination Services Section 3.5(a) TFMC Preamble TFMC Business Separation Agreement
Stranded Costs means lost revenues of the Borrower arising from prudently incurred, verifiable and non-mitigable electric generation-related costs that become unrecoverable due to restructuring and retail competition.
Stranded Costs means (i) all substantiated fees payable to third parties for Approved non-cancelable contracts entered into, or as to those portions of existing agreements amended by Supplier with Approval on or after the Reference Date, to provide the Services, including leases and service contracts, and all reasonable termination or assignment fees payable in connection with the termination or assignment to Gap of any such contracts (“Stranded Contracts”), (ii) the substantiated cost of any assets, less depreciation, purchased by or placed into service by Supplier after the Reference Date solely for use in the performance of the Services (“Stranded Assets”), (iii) actual and substantiated salary, redeployment and severance costs paid, not to exceed * compensation (salary and benefits), for Supplier Personnel during the period they are not re-deployed as a result of termination under this Agreement, and (iv) those Transition Fees and Unrecovered Transition Costs (as defined in Exhibit C (Fees and Resource Baselines)) incurred through the effective date of termination, but not yet billed by Supplier and paid by Gap.
Stranded Costs has the meaning given in Clause 2.7(a) (Stranded Costs);