Real-Time Uplift Sample Clauses

Real-Time Uplift. There may be circumstances where the Real-Time Nodal Price for Energy paid to a generating unit in the Real-Time Market is less than the Real-Time Supply Offer Price for the generating unit. These circumstances may be caused by the time-weighted averaging calculation of the Real-Time Market Nodal Prices or as a result of the System Operator dispatching certain fast response generating units within an hour in response to anticipated system conditions in that hour. In such circumstances, the generating unit shall receive a Real-Time Uplift equal to the difference between the Real-Time Nodal Price and the corresponding Supply Offer Price for those megawatthours produced at the higher Supply Offer Price but only to the extent those megawatthours were produced pursuant to the dispatch instructions of the System Operator as described in the Market Rules.
Sample 1
AutoNDA by SimpleDocs

Related to Real-Time Uplift

  • Central Time After all Parties have been notified, the provisions of paragraphs (b) and (c) of this Section 2.1 shall apply.”

  • Personal Time Off Executive shall be entitled to paid time off in accordance with the Company’s policies applicable to executives.

  • Eastern Time The Closing shall be held at the offices of the Acquiring Fund or at such other time and/or place as the parties may agree.

  • Payment on non-Business Day If any payment by the Borrower under a Finance Document would otherwise fall due on a day which is not a Business Day:

  • Full Time Attention Executive shall devote his best efforts and his full business time and attention to the performance of the services customarily incident to such office and to such other services as the Board may reasonably request.

  • Business Day For purposes of these By-Laws, “Business Day” shall mean any day other than a Saturday, a Sunday or a day on which banking institutions in the State of New York are authorized or obligated by law or executive order to close.

  • Payment on Non-Banking Days Whenever any payment to be made hereunder shall be stated to be due on a day which is not a Banking Day, such payment may be made on the next succeeding Banking Day, and such extension of time shall in such case be included in the computation of interest on the Advances or the fees hereunder, as the case may be.

  • Payment on Non-Business Days Whenever any payment to be made shall be due on a day which is not a Business Day, such payment may be due on the next succeeding Business Day.

  • Xxxxxxx, 265 Cal App. 2d 40 (1968). By executing this Guaranty, Holdings freely, irrevocably, and unconditionally: (i) waives and relinquishes that defense and agrees that Holdings will be fully liable under this Guaranty even though the Secured Parties may foreclose, either by judicial foreclosure or by exercise of power of sale, any deed of trust securing the Obligations; (ii) agrees that Holdings will not assert that defense in any action or proceeding which the Secured Parties may commence to enforce this Guaranty; (iii) acknowledges and agrees that the rights and defenses waived by Holdings in this Guaranty include any right or defense that Holdings may have or be entitled to assert based upon or arising out of any one or more of §§ 580a, 580b, 580d, or 726 of the California Code of Civil Procedure or § 2848 of the California Civil Code; and (iv) acknowledges and agrees that the Secured Parties are relying on this waiver in creating the Obligations, and that this waiver is a material part of the consideration which the Secured Parties are receiving for creating the Obligations.

  • Date and Time The provisions of Section 6.3 are subject to any cut-off date and cut-off time agreed between the applicable Novation Netting Offices and Matched Pair Novation Netting Offices of the Parties.

Time is Money Join Law Insider Premium to draft better contracts faster.