True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.
True-Up Adjustment means the amount of under- or over-collection of NYPA’s Actual ATRR during the preceding Calendar Year, measured by the difference between the Actual ATRR and the transmission revenues received by NYPA during the preceding Calendar Year, plus interest, as calculated on Schedule F3 of the Formula using the interest rates specified in 18 C.F.R. § 35.19a. 14.2.3.2.2 Annual Update Process
True-Up Adjustment means each revision to the FTA Charges made in accordance with Section 4.01 or in connection with the conveyance to the Note Issuer of Subsequent Transition Property.
Examples of True-Up Adjustment in a sentence
The Servicer shall implement the revised Storm Recovery Charges, if any, resulting from such Semi-Annual True-Up Adjustment as of the Semi-Annual True-Up Adjustment Date.
More Definitions of True-Up Adjustment
True-Up Adjustment means an adjustment to the Securitization Charges in accordance with Section 4.01(b) of the Servicing Agreement.
True-Up Adjustment means an adjustment to the fixed recovery charges as they appear on customer bills that is necessary to correct for any overcollection or undercollection of the fixed recovery charges authorized by a financing order and to otherwise ensure the timely and complete payment and recovery of recovery costs over the authorized repayment term.
True-Up Adjustment means an adjustment to the Storm Recovery Charges in accordance with Section 4.01(b), (c), (d) or (e) of the Servicing Agreement.
True-Up Adjustment means any Routine True-Up Adjustment or Non-Routine True-Up Adjustment to any Environmental Control Charge related to the Environmental Control Property made in accordance with Article IV of the Servicing Agreement or otherwise to ensure the timely and complete payment and recovery of Environmental Control Costs and Financing Costs.
True-Up Adjustment means the quarterly adjustment to certain Distributions referred to in the proviso to the first sentence of Section 9(e).
True-Up Adjustment means each adjustment to the Phase-In-Recovery Charge made pursuant to the terms of the Financing Order and in accordance with Section 4.01 hereof.
True-Up Adjustment means a mechanism required by the Securitization Law and the Financing Order whereby the Servicer will apply to the MPSC for adjustments to the applicable Securitized Utility Tariff Charges based on actual collected Securitized Utility Tariff Charges and updated assumptions by the Servicer as to future collections of Securitized Utility Tariff Charges.