Base Period definition

Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected to stagger its biennial reviews of utilities as provided in subdivision 1, the test period ending December 31, 2010, for a Phase I Utility, or December 31, 2011, for a Phase II Utility), or (ii) the most recent test period with respect to which credits have been applied to customers' bills under the provisions of this subdivision, whichever is later.
Base Period means a cumulative rolling period of twelve (12) months ending one month prior to the month of prorationing.
Base Period means the base period as defined by the applicable State law for the benefit year.

Examples of Base Period in a sentence

  • In their major resource forecasts, 9 utilities provide all resources that are planned to begin or cease commercial operation from the 10 end of the Base Period (December 31, 2009) to the end of the Exchange Period (September 30, 11 2013).

  • As used herein, “CPI-W” shall mean the Consumer Price Index for Urban Wage Earners and Clerical Workers for Boston-Brockton-Nashua, MA-NH-ME-CT, (Base Period: 1982-84 = 100), as published by the United States Department of Labor, Bureau of Labor Statistics.

  • Clause 0 of the Agreement is amended to either modify or add the terms and corresponding definitions set forth below: A319 NEO Standard Specification - has the meaning set out in Clause 2.1.2.2 A320 Family Base Period - the average economic conditions prevailing in December 2009, January 2010, February 2010 and corresponding to a theoretical delivery in January 2011.

  • Therefore, BPA escalates the Base Period average per-megawatthour cost of 10 distribution plant forward to the midpoint of the Exchange Period and uses the escalated average 11 cost times the megawatthours of load growth to determine the distribution plant-related cost of 12 meeting load growth since the Base Period.

  • The A320 Group 3 Aircraft Credit Memoranda are quoted at delivery conditions prevailing in the A320 Family Base Period and will be adjusted in accordance with the Seller Price Revision Formula 2011, as adjusted in accordance with Paragraph 5 of this Letter Agreement.


More Definitions of Base Period

Base Period means the first four (4) of the last five
Base Period means the twelve-Month period beginning thirteen (13) Months prior to the Proration Month and excluding the Month preceding the Proration Month. If Carrier has been in operation less than twelve (12) Months, then the Base Period shall be number of Months during which the Carrier has been in operation, excluding the Month preceding the Proration Month.
Base Period means the 12 calendar month period beginning 13 months prior to the Proration Month and excluding the month preceding the Proration Month.
Base Period means (i) the test period ending December 31, 2010 (or, if the Commission has elected
Base Period means the last twelve months of the prior occupancy. In the event that the Premises have never been previously occupied, the premiums during the "Base Period" shall be deemed to be the lowest premiums reasonably obtainable for said insurance assuming the most nominal use of the Premises. Provided, however, in lieu of the Base Period, the parties may insert a dollar amount at the end of this sentence which figure shall be considered as the insurance premium for the Base Period: $ N/A. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under paragraph 14.2.
Base Period means the fiscal years used for calculation of the prospective payment rates including base amounts and relative weights.
Base Period means the first four of the last five completed calendar quarters immediately preceding the first day of the individual's benefit year.