For the purpose of Rules 25-6.0440, 25-6.0441 and 25-6.0442, F.A.C., the following terms shall have the following meaning:

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Terms Used In Florida Regulations 25-6.0439

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
    (1) “”Territorial agreement”” means a written agreement between two or more electric utilities which identifies the geographical areas to be served by each electric utility party to the agreement, the terms and conditions pertaining to implementation of the agreement, and any other terms and conditions pertinent to the agreement;
    (2) “”Territorial dispute”” means a disagreement as to which utility has the right and the obligation to serve a particular geographical area.
Rulemaking Authority Florida Statutes § 366.05(1). Law Implemented 366.04(2), (4), (5) FS. History-New 3-4-90.