Balancing Adjustment definition

Balancing Adjustment means, as of any Monthly Determination Date, the result obtained by dividing (i) the excess of (A) the aggregate Outstanding Balance of all Transferred Receivables as of such date over (B) the aggregate Outstanding Balance of all Transferred Receivables originated from Non-Reviewed Markets as of such date, by (ii) the Net Receivables Balance as of such date.

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Examples of Balancing Adjustment in a sentence

• For a Customer who enters into a full sales agreement under this rate schedule after September 1, 1995, the Gas Cost Adjustment shall consist of the Expected Commodity Cost of Gas, as defined in paragraph 1 (a) of Sheet No. 48 herein and shall not be adjusted to reflect the supplier Refund Adjustment (RA), the Actual Cost Adjustment (ACA), or the Balancing Adjustment (BA) for a period of one year from the effective date of the Customer's agreement.

• If the Crude Oil Quality Balancing Adjustment is negative, the Company shall pay to Barclays, in accordance with Section 4 (Storage and Services Fees), an amount equal to the Crude Oil Quality Balancing Adjustment (for avoidance of doubt, the amount paid by the Company shall be a positive amount).

• The Pool Balancing Adjustment is the cost or credit that MyRate incurs to balance the supply arrangements that MyRate has entered into for the purpose of supplying the forecasted requirements of its existing and prospective customers.