FERC Refund Allocation Matrix Sample Clauses

FERC Refund Allocation Matrix. The FERC Refund Allocation Matrix, Exhibit B, shows the allocation, as determined by the California Parties, among the California Parties and those other Market Participants that are owed refunds. The FERC Refund Allocation Matrix contains an allocation to three time periods (the Pre-October Period, the Pre-January 18, 2001 Period and the Post-January 17, 2001 Period) of refunds available for Settling Participants. The amounts shown in the FERC Refund Allocation Matrix reflect, among other things, an allowance for the Fuel Cost Allowance claims previously submitted by the Reliant Parties in the FERC Refund Proceedings in the amount reflected in Section 6.4.4. Subject to the adjustments set forth herein, each Settling Participant shall be allocated the net refund amounts shown for that Settling Participant on the FERC Refund Allocation Matrix. All distributions of funds according to the FERC Refund Allocation Matrix shall be paid in cash or as Deemed Distributions (as described in Section 6.4.2) to those entities entitled to receive funds in accordance with the FERC Refund Allocation Matrix and which are either Parties to this Agreement or which are Opt-In Participants as defined in Section 9.1. Refunds with respect to the Pre-October Period shall be allocated only with respect to purchases during the period May 1, 2000 through October 1, 2000. The additional amount shown on the FERC Refund Allocation Matrix as being payable to the California Parties’ account shall be allocated pursuant to a separate agreement among the California Parties.