FTR Credit Limit definition

FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to be used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.
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FTR Credit Limit means the amount of credit established with PJMSettlement that an FTR
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FTR Credit Limit shall be equal to the amount of credit established with PJMSettlement that a Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the Participant may have with PJMSettlement.
Sample 1

Examples of FTR Credit Limit in a sentence

  • PJMSettlement will establish an FTR Credit Limit for each Participant.

  • Participants must maintain their FTR Credit Limit at a level equal to or greater than their FTR Credit Requirement.

  • Bids submitted into an auction will be rejected if the Participant’s FTR Credit Requirement including such submitted bids would exceed the Participant’s FTR Credit Limit, or if the Participant fails to establish additional credit as required pursuant to provisions related to portfolio diversification.

  • Participants must maintain their FTR Credit Limit at a level equal to or greater than their FTR Credit Requirement for each applicable account.

  • The signing of this application signifies approval for the Whitefish Staff to be present on the property for routine monitoring and inspection during the approval and development process.Owner’s Signature** DatePrint NameApplicant’s Signature DatePrint Name __Representative’s Signature Date **May be signed by the applicant or representative, authorization letter from owner must be attached.

  • There are ―slippery‖ and ―vaguely operationalized‖ predictions.The ―slippery‖ predictions mean that the rational choice explanations usually include a wide range of unobservable terms that are immeasurable or very difficult to measure.

  • FTR Credit Limit will be equal to the amount of credit established with PJMSettlement that a Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity.

  • Bids submitted into an auction will be rejected if the Market Participant’s FTR Credit Requirement including such submitted bids would exceed the Market Participant’s FTR Credit Limit, or if the Market Participant fails to establish additional credit as required pursuant to provisions related to portfolio diversification.

  • If a submitted set of bids would cause the FTR Credit Limit to be exceeded, the entire submission will be rejected.For a normal flow FTR, exposure is calculated as the Auction Cost minus 90% of Historical Payout on the path.

  • Bids submitted into an auction will be rejected if the Market Participant’s FTR Credit Requirement including such submitted bids would exceed the Market Participant’s FTR Credit Limit, or if the Market Participant fails to establish additional credit as required pursuant to provisions related to portfolio diversification and mark-to-auction.


More Definitions of FTR Credit Limit

FTR Credit Limit meansbe equal to the amount of credit established with PJMSettlement that an FTR Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.
Sample 1
FTR Credit Limit shall be equal to the amount of credit established with PJMSettlement that a Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the Participant may have with PJMSettlement.
Sample 1

Related to FTR Credit Limit

  • Credit Limit means the total dollar amount of the Account which we approved and which you may borrow against according to the terms of this Agreement.

  • Letter of Credit Limit means $5,000,000.

  • Credit Line as defined in Section 2.1.

  • Revolving Credit Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Credit Commitment Termination Date and the date of termination of the Revolving Credit Commitments.

  • Revolving Credit means the credit facility for making Revolving Loans and Swing Loans and issuing Letters of Credit described in Sections 1.2, 1.3 and 1.7 hereof.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Maximum Swingline Amount means $5,000,000.

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Revolving Credit Aggregate Commitment means Seventy-Five Million Dollars ($75,000,000), subject to reduction or termination under Sections 2.11 or 9.2 hereof.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Revolving Credit Note means a promissory note of the Borrower payable to any Revolving Credit Lender or its registered assigns, in substantially the form of Exhibit C-2 hereto, evidencing the aggregate indebtedness of the Borrower to such Revolving Credit Lender resulting from the Revolving Credit Loans made by such Revolving Credit Lender.

  • Revolving Credit Outstandings means, at any particular time, the sum of (a) the principal amount of the Revolving Loans outstanding at such time, (b) the Letter of Credit Obligations outstanding at such time and (c) the principal amount of the Swing Loans outstanding at such time.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.