For the purpose of Rules 25-7.0471, 25-7.0472 and 25-7.0473, F.A.C., the following terms shall have the following meaning:

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Terms Used In Florida Regulations 25-7.047

  • 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 the entire agreement between two or more natural gas utilities which identifies the geographical areas to be served by each natural gas 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.
    (3) “”Natural Gas Utility”” will be defined as the term is defined in Section 366.04(3)(c), F.S. (1989).
Rulemaking Authority Florida Statutes § 366.05(1). Law Implemented Florida Statutes § 366.04. History-New 2-25-91.