Cumulative Imbalance definition

Cumulative Imbalance has the meaning given in clause 8.2(a).

Cumulative Imbalance means as of the end of any gas day, the sum of the total cumulative daily Imbalance Quantities outstanding at the start of the day (which shall be zero on the start date, but for each subsequent day shall be the Cumulative Imbalance Quantity carried over from the end of the previous day) plus the daily Imbalance Quantity for such day;

Cumulative Imbalance has the meaning given in clause 8.3. Curtailment means a reduction in the provision of the Service in accordance with clause 17, and Curtail and Curtailed have corresponding meanings.

Examples of Cumulative Imbalance in a sentence

• Monthly Imbalance FeesCustomer shall pay Company the greater of (i) $0.10 per MMBtu, or (ii) 150% of the difference per MMBtu between the highest and lowest “midpoint” price for the Katy point listed in Platts Gas Daily in the table entitled “Daily Price Survey” during such month, for the MMBtu of Customer’s monthly Cumulative Imbalance, as defined in the applicable Transportation Agreement, at the end of each month that exceeds 10% of Customer’s receipt quantities for the month.

• The following Terms and Conditions shall apply to Unbundled Service: The Terms and Conditions for disposition of Cumulative Imbalance Account balances shall be as specified in the applicable Service Contracts.

• Any Cumulative Imbalance of Shipper resulting from such failure of Transporter shall not trigger the rights of Transporter to adjust Shipper’s relevant Delivery Point Scheduled Quantities or relevant Redelivery Point Scheduled Quantities each as defined and in accordance with the Operating Code.

• Cumulative Imbalance Deficit (referred to as DEBC): quantity of energy, expressed in MWh (GCV 25°C), as defined in the Sub-clause entitled “Calculation of Cumulative Imbalance Excesses and Deficits” in Section D2.

• Cumulative Imbalance threshold as defined in the Sub-clause entitled “Authorised Cumulative Imbalance” in Section D2.

• Cumulative Imbalance (referred to as EBC): quantity of energy, expressed in MWh (GCV 25°C), as defined in the Sub-clause entitled “Cumulative Imbalances and Allocation Difference Accounts” in Section D2.

• AS WE MOVE FORWARD, THE EXPENDITURES FOR ENTIRE DEPARTMENTS ARE COMPLETED, HOWEVER SMALLER FURNITURE REPLACEMENTS FOR SPECIFIC AREAS, SUCH AS INDIVIDUAL OFFICES AND WORKSTATIONS, AS WELL AS SPECIAL ITEMS, SUCH AS LARGE FILE CABINETS AND LATERAL FILES ARE REQUIRED.

• Cumulative Imbalance Excess (referred to as EXBC): quantity of energy, expressed in MWh (GCV 25°C), as defined in the Clause entitled “Calculating Daily Imbalances” in Section D2.

• To correct a Cumulative Imbalance and satisfy the Service Provider's operational requirements, the Shipper must amend the forecasts it provides under third party service agreements with operators of upstream facilities or submit change requests to its delivery nominations to the Service Provider.

• Actual deliveries less than the scheduled deliveries for all Receipt Point(s) shall be a negative Cumulative Imbalance.

More Definitions of Cumulative Imbalance

Cumulative Imbalance means the sum, whether positive or negative, of the uncorrected Draft Imbalances and Pack Imbalances incurred on each Day.

Cumulative Imbalance means the sum of (1) any imbalance carried forward from an immediately preceding month to the next succeeding month, plus (2) any imbalance based on the delivery and receipt of gas hereunder during such succeeding month.

Cumulative Imbalance means a cumulative imbalance arising pursuant to a TC ("Ecart de Bilan Cumulé" or "Ecart Cumulé");