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.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement