Balance Contract definition

Balance Contract means the arrangements established between the Designated Clearing House and Oslo Børs governing the administration and Settlement of Contracts resulting from Trades effected by a Member Firm of the Exchange and a Member Firm of Oslo Børs;
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Balance Contract means the open supply contract entered into by the system operator and the balance provider under which the balance provider undertakes to ensure the balance. Standard terms and conditions of that contract, which set out the rights and the obligations of the system operator and of the balance provider in ensuring the balance responsibility, constitute an integral part of the contract.
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Balance Contract means a contract between the relevant TSO and Balance Responsible Party setting out the rights and obligations of the two parties1.
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Examples of Balance Contract in a sentence

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.II.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.Contract deposit, ASD, Performance Guarantee (P.G) and any other deposits will neither be accepted in Bank Guarantee (B.G) nor will be released against B.G.

  • If the Counterparty to a Trade in a Listed Product entered into by a Member Firm is a member of Oslo Børs, the Clearing House Regulations provide that it shall enter into a Balance Contract with identical economic content with SIX x-clear which will in turn enter into a contract as buyer or seller as the case may be with the other party involved in the Trade.

  • No claimshall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.Contract deposit, ASD and any other deposits will neither be accepted in Bank Guarantee (B.G) nor will be released against B.G.

  • If the Counterparty to a Trade in a Listed Product entered into by a Member Firm is a member of Oslo Børs, the Clearing House Regulations provide that it shall enter into a Balance Contract with identical economic content with Oslo Clearing which will in turn enter into a contract as buyer or seller as the case may be with the other party involved in the Trade.

  • Faculty and more experienced TAs and tutors should be available to provide regular feedback and mentorship for newer TAs and tutors.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.Contract deposit, ASD, and any other deposits will neither be accepted in Bank Guarantee (B.G) nor will be released against B.G.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects S t a n d a r d B i d D o c u m e n t Page 41Liability Certificate.


More Definitions of Balance Contract

Balance Contract means the arrangements established between the Designated Clearing House and Oslo Børs governing the administration and settlement of contracts resulting from Transactions effected by a Member of Turquoise and a Member of Oslo Børs;
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Balance Contract means the open supply contract entered into by the system operator and the balance provider under which the balance provider undertakes to ensure the balance. Standard terms and conditions of
Sample 1

Related to Balance Contract

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Performance Contract means the annual agreement negotiated and entered into by a community

  • distance contract means a contract concluded between a trader and a consumer under an organised distance sales or service-provision scheme without the simultaneous physical presence of the trader and the consumer, with the exclusive use of one or more means of distance communication up to and including the time at which the contract is concluded;

  • Cash Value Insurance Contract means an Insurance Contract (other than an indemnity reinsurance contract between two insurance companies) that has a Cash Value greater than $50,000.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Deposit-type contract means contracts that do not incorporate mortality or morbidity risks and as may be specified in the valuation manual.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Installment lease contract means a lease contract that authorizes or requires the delivery of goods in separate lots to be separately accepted, even though the lease contract contains a clause "each delivery is a separate lease" or its equivalent.

  • Fixed price contract means a contract that provides a price, for each

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Assumed Monthly Payment With respect to (a) any Mortgage Loan that is a Balloon Mortgage Loan delinquent in respect of its Balloon Payment beyond the Determination Date immediately following its scheduled maturity date (as such date may be extended in connection with a bankruptcy, insolvency or similar proceeding involving the related Borrower or by reason of a modification, waiver or amendment granted or agreed to by the applicable Master Servicer or the applicable Special Servicer), for that scheduled maturity date and for each subsequent Due Date as of which such Mortgage Loan remains outstanding and part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due with respect to such Mortgage Loan on such Due Date equal to the amount (exclusive of Default Interest and any Post-ARD Additional Interest) that would have been due in respect thereof on such Due Date if such Mortgage Loan had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule (if any), in effect immediately prior to, and without regard to the occurrence of, such maturity date; and (b) any REO Mortgage Loan, for any Due Date as of which the related REO Property (or, in the case of any REO Mortgage Loan that is a successor to any Mortgage Loan in a Loan Combination, any interest in the related REO Property) remains part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Monthly Payment (or, in the case of a Balloon Mortgage Loan described in clause (a) of this definition, the Assumed Monthly Payment) that was due (or deemed due) with respect to the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Insured Contract means any written:

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

  • Tax Service Contract As defined in Section 3.09(a).

  • sales contract means a contract under which a trader transfers or agrees to transfer the ownership of goods to a consumer and the consumer pays or agrees to pay the price, including any contract that has both goods and services as its object. Conformity

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Multiple project assurance contract means a contract between an institution and the federal

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Annuity Contract means a contract under which the issuer agrees to make payments for a period of time determined in whole or in part by reference to the life expectancy of one or more individuals. The term also includes a contract that is considered to be an Annuity Contract in accordance with the law, regulation, or practice of the jurisdiction in which the contract was issued, and under which the issuer agrees to make payments for a term of years.

  • Unallocated annuity contract means any annuity contract or group annuity certificate which is not issued to and owned by an individual, except to the extent of any annuity benefits guaranteed to an individual by an insurer under such contract or certificate.

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.