Ruling amount Sample Clauses
The "Ruling amount" clause defines the specific sum of money determined by a court, arbitrator, or other adjudicative body as owed by one party to another in a dispute. This clause typically outlines how the amount is calculated, when it becomes payable, and may reference interest or penalties if payment is delayed. By clearly establishing the financial outcome of a ruling, the clause ensures both parties understand their obligations and helps prevent further disputes over the amount to be paid.
Ruling amount. For purposes of this section—
Ruling amount. (a) In general.
(b) Level funding limitation.
(c) Funding period.
(d) Decommissioning costs allocable to a fund.
(1) General rule.
(2) Total estimated cost of decommis- sioning.
(3) Taxpayer’s share.
(e) ▇▇▇▇▇▇ of requesting schedule of ruling amounts.
(1) In general.
Ruling amount. The term ‘‘ruling amount’’ means, with re- spect to any taxable year, the amount which the Secretary determines under paragraph (1) to be necessary to—
(A) fund the total nuclear decommission- ing costs with respect to such power plant over the estimated useful life of such power plant, and
(B) prevent any excessive funding of such costs or the funding of such costs at a rate more rapid than level funding, taking into account such discount rates as the Secretary deems appropriate.
Ruling amount. The term ‘‘ruling amount’’ means, with re- spect to any taxable year, the amount which