Long run incremental cost definition

Long run incremental cost. ("LRIC") means the long run forward-looking additional cost caused by providing all volume-sensitive and volume-insensitive inputs required to provide the total demand associated with a service or network element offered as a service, using economically efficient current technology efficiently deployed. LRIC also equals the cost avoided, in the long run, when a service or network element offered as a service is no longer produced. LRIC excludes costs directly and solely attributable to the production of other services or network elements offered as services, and unattributable costs which are incurred in common for all the services supplied by the firm. The long run means a period long enough so that the cost estimates are based on the assumption that all inputs are variable.
Sample 1Sample 2Sample 3
Long run incremental cost or "LRIC" refers to the costs a company would incur (or save) if it increases (or decreases) the level of production of an existing service or group of services. These costs consist of the costs associated with adjusting future production capacity and reflect forward-looking technology and operations methods.
Sample 1Sample 2Sample 3
Long run incremental cost. ("LRIC") means the long run forward-looking additional cost caused by providing all volume-sensitive and volume-insensitive inputs required to provide the total demand associated with a service or network element offered as a service, using economically efficient current technology efficiently deployed. LRIC also equals the cost avoided, in the long run, when a service or network element offered as a service is no longer produced. LRIC excludes costs directly and solely attributable to the production of other services or network elements offered as services, and unattributable costs which are incurred in common
Sample 1

Examples of Long run incremental cost in a sentence

  • The above rates for traffic subject to Reciprocal Compensation shall be used until the Commission has approved a new forward looking Total Service Long Run Incremental Cost ("TSLRIC") study.

  • End Office Local Call Transport and Termination $.039916 The above rates for traffic subject to Reciprocal Compensation shall be used until UPPER PENINSULA has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.022877 The above rates for traffic subject to Reciprocal Compensation shall be used until XXXXXXX has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.021777 The above rates for traffic subject to Reciprocal Compensation shall be used until DEERFIELD has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.021677 The above rates for traffic subject to Reciprocal Compensation shall be used until LENNON has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.021777 The above rates for traffic subject to Reciprocal Compensation shall be used until KALEVA has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.021877 The above rates for traffic subject to Reciprocal Compensation shall be used until XXXXXXXXX has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.022377 The above rates for traffic subject to Reciprocal Compensation shall be used until XXXXX COUNTY has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.021977 The above rates for traffic subject to Reciprocal Compensation shall be used until XXXXX has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

  • End Office Local Call Transport and Termination $.023377 The above rates for traffic subject to Reciprocal Compensation shall be used until ACE has filed a new forward looking Total Service Long Run Incremental Cost (“TSLRIC”) study with the Commission and the Commission has approved that cost study.

Related to Long run incremental cost

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Tax Increment means the difference between:

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Increment means twelve (12) months of service credit which are purchased. The