Rate Base Sample Clauses
The Rate Base clause defines the value of the assets on which a utility is permitted to earn a specified rate of return, as determined by regulatory authorities. It typically includes the original cost of physical infrastructure such as plants, equipment, and property used to provide utility services, minus accumulated depreciation. By establishing the rate base, this clause ensures that the utility's earnings are calculated fairly and transparently, balancing the interests of both the utility and its customers while providing a basis for setting just and reasonable rates.
Rate Base. Neither the Company nor any of its Subsidiaries has --------- any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, and neither the Company nor any of its Subsidiaries has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any material assets from rate base or revenue calculations for the pools.
Rate Base. Except for amounts that are disallowed or excluded due --------- to regulation applied generically to all Local Exchange Carriers, as listed on Schedule 2.7., neither the Company nor any of its Subsidiaries has any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, and neither the Company nor any of its Subsidiaries has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any assets from rate base or revenue calculations for the pools.
Rate Base. AARP The Magazine is a member of the Alliance for Audited Media (AAM, formerly ABC). The annual rate base guarantee is based on AAM’s reported circulation averaged over the calendar year in which advertising is placed. AARP The Magazine guarantees circulation to national advertisers by brand; circulation for regional advertisers is not guaranteed. In the event that the audited twelve (12) month average circulation does not meet the guaranteed rate base, AARP The Magazine shall grant rebates to the impacted advertisers. Rebates will be offered in the form of space credit only, to be used within six (6) months of issuance. Rebates will be calculated based on the difference between the total rate base on the annual rate card and AAM’s audited statement for the twelve (12) month average. Rebates will only be issued if the total audited circulation is lower than the stated rate base by two percent (2%) or more.
Rate Base. The average rate base shall be determined by taking an average of the beginning and ending months for which data are being used pursuant to ¶ 1 above (adjusted as necessary pursuant to that paragraph) and shall include that portion of the following that are directly related or allocable to the gathering services performed under this Agreement:
(i) Gas plant,
(ii) Accumulated depreciation and amortization,
(iii) Working capital,
(iv) Deferred income taxes, and
(v) QGM’s general and intangible plant
Rate Base a. Total rate base before true-up items are included is $619,181,554.
b. The following items will be a part of the true-up in this case in regard to rate base:
i. Plant in service;
ii. Depreciation reserve;
iii. Deferred taxes;
iv. Materials and supplies;
v. Natural gas in storage;
vi. Prepaid pensions; and,.
vii. Cash Working Capital impact of other true-up items.
Rate Base. The rate base of Alberta Clipper Canada will (except as provided in Paragraphs 7 and 9 below) comprise all Capital Costs, the Allowance for Funds Used During Construction, and the Allowance for Working Capital, less accumulated depreciation, subject to the provisions of Paragraph 10 below. The capital structure specified in Paragraph 4(a) will be applied to the rate base for calculation of the ▇▇▇ and Cost of Debt.
Rate Base. The rate base for purposes of determining the ROI on Existing Capital Costs (and on Future Capital Costs that are treated like Existing Capital in accordance with this Agreement) shall be equal to total Existing Capital Costs (including all Future Capital Costs that are treated like Existing Capital Costs in accordance with this Agreement), reduced by the following: (1) grants or contributions in aid of construction net of accumulated amortization of such grants or contributions, and (2) accumulated depreciation to date. The annual ROI shall be equal to the rate base multiplied by a percentage, determined in the reasonable discretion of the Wastewater Commission, which shall not exceed 8%. Depreciation and ROI shall not be recovered on any portion of the Capital Costs for which the SSR Parties have paid directly or for which they have contractually assumed responsibility for direct payment of their proportionate shares. The initial ROI on Deficiency Work shall not exceed 2% and can be changed in the future by majority vote of the Wastewater Commission.
Rate Base. Except for amounts that are disallowed or excluded due to regulation applied generically to all local exchange carriers, the Company does not have any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, and the Company has not received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any assets from rate base or revenue calculations for the pools. Except as shown in the Financial Statements or on Schedule 3.07, the Company is not directly or indirectly liable upon or with respect to (by discount, repurchase agreement or otherwise), or obliged in any other way to provide funds in respect of, or to guarantee or assume, any debt, obligation or dividend of any Person, except endorsements in the ordinary course of business in connection with the deposit in banks or other financial institutions of items for collection.
Rate Base. 3.1 Rate Base and Maintenance Capital
3.2 Pipeline Integrity Capital