Calculating a Combined M2M Settlement Sample Clauses

Calculating a Combined M2M Settlement.Β The M2M settlement shall be the sum of the real-time redispatch settlement for each M2M Flowgate and M2MPARSettlement for each interval Where: M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; Monitoring RTO payment to Non-Monitoring RTO for congestion on M2M Redispatch Flowgate m for interval i; and Non-Monitoring RTO payment to Monitoring RTO for congestion on M2M Redispatch Flowgate m for interval i. Where: M2M settlement, defined as a payment from the NYISO to PJM when the value is positive, and a payment from PJM to the NYISO when the value is negative for interval i; M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; M2M PAR Settlement across all NY-NJ PARs, defined as a payment from NYISO to PJM when the value is positive, and a payment from PJM to NYISO when the value is negative for interval i. For the purpose of settlements calculations, each interval will be calculated separately and then integrated to an hourly value: Where: M2M settlement for hour h; and n = Number of intervals in hour h.
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Calculating a Combined M2M Settlement.Β The M2M settlement shall be the sum of the real-time redispatch settlement for each M2M Flowgate and M2MPARSettlement for each interval π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– π‘Žπ‘™π‘™ 𝑁F 𝑀2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’π‘  = (οΏ½ 𝑀2𝑀 πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘š (π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘šπ‘– βˆ’ π‘π‘œπ‘› π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘šπ‘–)) π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘ = π‘Žπ‘™π‘™ 𝑃𝐽𝑀 𝑀2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’π‘  (οΏ½ 𝑀2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘š (π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘šπ‘– βˆ’ π‘π‘œπ‘› π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 οΏ½οΏ½π‘’π‘‘π‘–π‘ π‘π‘ŽοΏ½οΏ½π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘šπ‘–)) Where: π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; π‘π‘œπ‘› π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘šπ‘– = Monitoring RTO payment to Non-Monitoring RTO for congestion on M2M Redispatch Flowgate m for interval i; and π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž πΉπ‘™π‘œπΉπΉπΉπΉπ‘Žπ‘‘π‘’ π‘šπ‘– = Non-Monitoring RTO payment to Monitoring RTO for congestion on M2M Redispatch Flowgate m for interval i. 𝑀2𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– βˆ’ π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– + 𝑀2π‘€π‘ƒπ΄π‘…π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘ 𝑖 Where: 𝑀2𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M settlement, defined as a payment from the NYISO to PJM when the value is positive, and a payment from PJM to the NYISO when the value is negative for interval i; π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; 𝑀2π‘€π‘ƒπ΄π‘…π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M PAR Settlement across all NY-NJ PARs, def...
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Calculating a Combined M2M Settlement.Β The M2M settlement shall be the sum of the real-time redispatch settlement for each M2M Flowgate and M2MPARSettlement for each interval β„Ž = (βˆ‘ ( 2 βˆ’ 2 )) β„Ž = (βˆ‘ ( 2 βˆ’
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Calculating a Combined M2M Settlement.Β 9 When One of the RTOs Does Not Have Sufficient Redispatch 10 Appropriate Use of the M2M Process
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Related to Calculating a Combined M2M Settlement

  • Gross Settlement Amount Except as otherwise provided by Paragraph 8 below, Defendant promises to pay $290,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.

  • Goal Setting Each unit member shall participate in an annual goal setting process to establish goals and objectives. The evaluator shall review the Evaluation Criteria in Article 12.2.1 with all unit members who are on the evaluation cycle.

  • Net Out of Settlement Amounts The Non-Defaulting Party will aggregate all Settlement Amounts into a single amount by netting out (a) all amounts that are due to the Defaulting Party for Product that has been Delivered and not yet paid for, plus, at the option of the Non-Defaulting Party, any cash, security or other Performance Assurance then available to the Non-Defaulting Party, plus any or all other amounts due to the Defaulting Party under this Agreement against (b) all Settlement Amounts that are due to the Non-Defaulting Party, plus any or all other amounts due to the Non-Defaulting Party under this Agreement, so that all such amounts will be netted out to a single liquidated amount (the β€œTermination Payment”) payable by the Defaulting Party. The Termination Payment, if any, is due from the Defaulting Party to the Non-Defaulting Party within two Business Days following notice.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

  • Final Settlement The Parties agree and acknowledge that this Compromise Agreement shall constitute a final settlement between the Parties. This Compromise Agreement resolves only issues addressed in the Compromise Agreement.

  • Amicable Settlement The Parties shall use their best efforts to settle amicably any dispute, controversy or claim arising out of this Contract or the breach, termination or invalidity thereof. Where the parties wish to seek such an amicable settlement through conciliation, the conciliation shall take place in accordance with the UNCITRAL Conciliation Rules then obtaining, or according to such other procedure as may be agreed between the parties.

  • Qualified Settlement Fund The Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund (β€œQSF”) under US Treasury Regulation section 468B-1.

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