Expected Usage definition

Expected Usage means either the amount stated in Attachment B calculated for the remaining Term, or if no amounts are stated or Customer is an existing Gexa customer then the average actual monthly Customer energy usage from the comparable month from the previous year (or if an average cannot be computed due to limited service by Gexa or other circumstances, an average monthly usage as is reasonably determined by Gexa) times the number of months remaining in the Term as outlined in Section 1.4.
View Source
Expected Usage means, where applicable, the amount or parameters of use expected to be made by the Customer of the relevant Services (as identified in the description of the relevant Services in Schedule 1);
View Source
Expected Usage shall have the meaning given in Attachment B to this Agreement.
View Source

Examples of Expected Usage in a sentence

  • The “Retail Termination Payment” shall equal the product of (a) the Expected Usage for each ESI ID subject to Customer’s cancelation or refusal of electric supply delivery (“Customer Terminated Usage”) multiplied by (b) the sum of (i) the Aggregator Fee and (ii) the REP Services Fee specified in the REP Services Agreement.

  • For the purposes of illustration but without prejudice to the foregoing, if the relevant Services provided exceed the Expected Usage by 10% in any relevant period then the Charges for such Services in such period shall be increased by 10%).

  • A Tuition Track Portfolio must be closed by the tenth (10) anniversary of the Beneficiary’s Expected Usage Date.

  • Any amounts held in a Tuition Track Portfolio on the 10th anniversary of the Beneficiary’s Expected Usage Date will thereafter be automatically transferred to an Invest529 Market Portfolio Account and invested in the FDIC-insured Portfolio (or, if unavailable, to an Invest529 Portfolio designated by the Board) at the Current Value at the time of transfer.

  • The Current Value of a Tuition Track Unit for Withdrawal purposes depends on how long Tuition Track units have been held and whether the Expected Usage Date has been reached.

  • No additional Contributions to the Tuition Track Portfolio are allowed after the June 30th preceding the Expected Usage Date.

  • Withdrawals after the three year hold, but before the Expected Usage Date, are limited to Contributions made plus Tuition Track Interest on Contributions.


More Definitions of Expected Usage

Expected Usage means either the amount stated in Attachment B calculated for the remaining Term, or if no amounts are stated or Customer is an existing Gexa customer then the average actual monthly Customer energy usage from the comparable month from the previous year (or if an average cannot be computed due to limited service by Gexa or other circumstances, an average monthly usage as is reasonably determined by Gexa) times the number of months remaining in the Term.
View Source
Expected Usage means Customer’s forecasted monthly electricity usage for each ESI ID for the Term of the agreement, which shall be based upon Customer’s historical electricity usage for such ESI ID, as adjusted for changes in Customer’s usage that are known or reasonably anticipated during the Term.
View Source
Expected Usage means as to an Account and applicable Billing Period, the usage set forth on the applicable Confirmation(s).
View Source

Related to Expected Usage

  • Parachute Value of a Payment shall mean the present value as of the date of the change of control for purposes of Section 280G of the Code of the portion of such Payment that constitutes a “parachute payment” under Section 280G(b)(2), as determined by the Accounting Firm for purposes of determining whether and to what extent the Excise Tax will apply to such Payment.