Transportation Charge Capital Component for Costs Incurred On or After the Billing Transition Date Sample Clauses

This clause defines how transportation charges related to capital costs are calculated for expenses incurred on or after a specified billing transition date. In practice, it establishes that only costs arising from transportation activities after this transition date will be included in the capital component of the charges, ensuring a clear cutoff for which expenses are subject to the new billing structure. The core function of this clause is to provide clarity and fairness in cost allocation by distinguishing between pre- and post-transition expenses, thereby preventing disputes over which costs are included in the updated transportation charge calculations.
Transportation Charge Capital Component for Costs Incurred On or After the Billing Transition Date. The provisions of this subdivision (b) shall apply only to Capital Costs Incurred on or after the Billing Transition Date. (1) The amount of the capital component of the Transportation Charge for costs Incurred on or after the Billing Transition Date shall be determined in three steps as follows: (A) first, an allocation of Capital Costs to the Contractor as provided in subdivision (b)(2) of this article, (B) second, a determination of the type and source of payment of each Capital Cost as provided in subdivision (b)(3) of this article, and (C) third, a computation of the annual payment to be made by the Contractor as provided in subdivision (b)(4) and (b)(5) of this article. (2) The total amount of Capital Costs of each aqueduct reach to be returned to the State under the Transportation Charge for costs Incurred on or after the Billing Transition Date shall be allocated among all Contractors entitled to delivery of Project Water from or through the reach by the proportionate use of facilities method of cost allocation and in accordance with Article 23(c) and subdivision (c)(1) of this article.
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Related to Transportation Charge Capital Component for Costs Incurred On or After the Billing Transition Date

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  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

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