Define: Basic Charge

How is Basic Charge defined in a legal contract?

• Basic Charge means the customer charge applied to customers within a domestic rate group, differentiated for single-family and multi-family residences. Seen in 21 SEC filings.
• Basic Charge means a unit charge for the cost of water service, excluding any fixed costs that are recovered through meter charges or any other fixed charges. Seen in 8 SEC filings.
• Basic Charge means the fixed charge required to be paid by a customer for services during a prescribed period. Seen in 7 SEC filings.
• Basic Charge means a charge designed to cover the cost of investigating survey records, collecting survey data, and clarifying the position in regard to title and survey and in relation to the market value of the land to be surveyed. Seen in 6 SEC filings.
• Basic Charge means the recovery of the distribution and billing costs, which includes having a distribution system in place, plus the costs of the meter, servicing and reading the meter, mailing the bills, and maintaining customer records. Seen in 4 SEC filings.
• Basic Charge means the charge for the Facility which is specified in the Booking Confirmation. Seen in 4 SEC filings.
• Basic Charge means a fixed charge required to be paid by a customer for Energy Services during a prescribed period as specified in the Rate Schedule. Seen in 3 SEC filings.
• Basic Charge means the charge specified in the Booking Contract, exclusive of VAT. Seen in 2 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of basic charge' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Basic Charge means a fixed payment required by a [Customer] for [Services] during a [Period] as per [Rate Schedule].

Relevant Contract Types

• Service Level Agreement (SLA)
• Consultation Contract
• Subscription Agreement
• License Agreement

Relevant Circumstances

• Implementation of a new software system.
• Retention of ongoing consulting services.
• Subscription to a digital publication or software.

Relevant Sectors

• Technology
• Consulting
• Media & Publishing

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Genie Definition 2

Basic Charge means a cost designed to cover [Operating Costs] such as meter services, mailings, and record maintenance.

Relevant Contract Types

• Utilities Contract
• Property Management Agreement

Relevant Circumstances

• Set up of new utility services.
• Management of strata or apartment complexes.

Relevant Sectors

• Real Estate
• Utilities

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