Settlement Account Start Interval Clause Samples

Settlement Account Start Interval. (1) The Participant acknowledges that it is a condition subsequent to this DR3 Contract, and each DR3 Contract Schedule that the OPA select, in its sole and absolute discretion, a starting Interval for the Settlement Account (the “Start Interval”) that will occur between 15 minutes prior to, and 30 minutes past, the hour. Where the Participant receives an Activation Notice, the Participant shall Curtail on the Start Interval relative to the hour indicated on the Activation Notice, notwithstanding that the Activation Notice may specify the first Interval of the hour. The Start Interval may not be changed without the prior written consent of the Participant, acting reasonably. Once the Start Interval is specified for the initial DR3 Schedule in a Settlement Account, all subsequent DR3 Schedules in that same Settlement Account shall have the same Start Interval. (2) Settlement calculations and evaluation of the Hours of Availability, Activation Period, Contracted Dispatch Period, the In-Day Adjustment Period and the timelines and time periods for the Not Fully Available for Curtailment will shift correspondingly with the Start Interval. For example, where a duration of time is specified (such as the Contracted Dispatch Period of four hours), then the end time shall shift in parallel with any shift in the Start Interval such that the Contracted Dispatch Period remains exactly four hours in length. The Day Ahead Window and the Day At Hand Window and the timelines and time periods for issuing Standby Notifications, Activation Notices and Confirmation Notice shall not be shifted.‌
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Related to Settlement Account Start Interval

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

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  • Account Statement Subscriber Account Statement will be updated on a periodic basis and can be accessed anytime on My Tata Sky. The Account Statement will contain details of the transactions made between the Subscriber and the Company in the previous month in connection with the Subscriber Account. Account Statements for the previous six months can be accessed by the Subscriber, free of cost, on My Tata Sky. Subscriber is solely responsible to ensure that the Subscriber has internet connection and/or necessary computer infrastructure to access and/or use My Tata Sky. Subscriber may request copies of the Account Statement for the previous month, which may be provided by the Company via e-mail to the registered email address. The Company reserves the right to charge additional amount for such additional services (such as material charge, visit charge, swap charge etc.) and debit the amount from the Subscriber Account, subject to Applicable Law, and the Subscriber hereby consents to the same. It shall be the responsibility of the Subscriber to ensure that the Company has the correct and latest email address.

  • Concentration Account Concentration Account" has the meaning set forth in Section 2.3.

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"): (i) a Securities Account in the name of Customer on behalf of each Fund for Financial Assets, which may be received by Bank or its Subcustodian for the account of Customer, including as an Entitlement Holder; and (ii) an account in the name of Customer ("Cash Account") for any and all cash in any currency received by Bank or its Subcustodian for the account of Customer. Notwithstanding paragraph (ii), cash held in respect of those markets where Customer is required to have a cash account in its own name held directly with the relevant Subcustodian shall be held in that manner and shall not be part of the Cash Account. Bank shall notify Customer prior to the establishment of such an account. (b) At the request of Customer, additional Accounts may be opened in the future, which shall be subject to the terms of this Agreement. (c) Except as precluded by Section 8-501(d) of the Uniform Commercial Code ("UCC"), Bank shall hold all Securities and other Financial Assets, other than cash, of a Fund that are delivered to it in a "securities account" with Bank for and in the name of such Fund and shall treat all such assets other than cash as "financial assets" as those terms are used in the UCC.