Aggregate Buyer’s Exposure. In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results in a negative number, the Aggregate Buyer’s Exposure for such date shall be deemed equal to zero.
Appears in 12 contracts
Samples: Requirements Service Agreement, Requirements Service Agreement, Full Requirements Service Agreement
Aggregate Buyer’s Exposure. (a) In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. . On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To , and to the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall also be deemed equal to zero.
Appears in 4 contracts
Samples: Default Service Program, Default Service Program, Default Service Program
Aggregate Buyer’s Exposure. (a) In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. . On a Transaction Date, for non-Spot Energy Transactions, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To , and to the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall also be deemed equal to zero.
Appears in 3 contracts
Samples: Master Agreement, Default Service Program Supply Master Agreement, Default Service Program Supply Master Agreement
Aggregate Buyer’s Exposure. In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall be deemed equal to zero.
Appears in 2 contracts
Samples: Default Supply Master Agreement, Default Supply Master Agreement
Aggregate Buyer’s Exposure. (a) In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall be deemed equal to zero.
Appears in 2 contracts
Samples: Master Agreement, Default Service Program Supply Master Agreement
Aggregate Buyer’s Exposure. In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. . On a Transaction Date, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall be deemed equal to zero.
Appears in 2 contracts
Samples: 2011 PPL Electric Utilities, PPL Electric Utilities
Aggregate Buyer’s Exposure. (a) In order to determine the amount of Performance Assurance during the term of this Agreement, Buyer shall calculate the Aggregate Buyer’s Exposure under Aggregate Transactions once per Business Day, pursuant to the process and methodology described in Exhibit E. On . [ To]On a Transaction Date, for non-Spot Energy Transactions, the Buyer’s Exposure for that Transaction shall be deemed equal to zero. To , and to the extent that the calculations of the Aggregate Buyer’s Exposure for a given date results result in a negative number, the Aggregate Buyer’s Exposure for such date shall also be deemed equal to zero.
Appears in 1 contract
Samples: Master Agreement
