Delivery Margin definition

Delivery Margin means, for each Contracting Party, an amount established by Exchange from time to time in accordance with the applicable margin policies of the Exchange as implemented from time to time, as further described in Schedule “C” - Risk Management Policy;
Delivery Margin is the billing rate for a given Rate Schedule, less (1) any Commodity Component and (2) any Temporary Adjustment for such Rate Schedule. “Cumulative Delivery Margin” is the cumulative Delivery Margin paid by Producer at a given point, plus any Shortfall Payments made by Producer under this Section 3.8. At the end of each Term Year, NW Natural will (x) review Producer’s usage, (y) calculate the Cumulative Delivery Margin for that Term Year, and (z) determine if Producer meets the Minimum Delivery Margin Guarantee for that Term Year. If Producer fails to meet the Minimum Delivery Margin Guarantee for a Term Year, Producer will pay NW Natural the difference between the Minimum Delivery Margin Guarantee and the Cumulative Delivery Margin actually paid by Producer (“Shortfall Payment”). Shortfall Payments made under this Section 3.8 will be invoiced and paid consistent with NW Natural’s customary billing cycle. If this Agreement is terminated for any reason, (i) any remaining unpaid portion of the Minimum Delivery Margin Guarantee will be immediately due and payable by Producer to NW Natural, with any previously uncredited Shortfall Payments made by Producer credited toward this amount; or
Delivery Margin means margin of a type and in an amount determined by SECDEX in accordance with these Rules in respect of Open Contracts;

Examples of Delivery Margin in a sentence

  • Table of Charges‌ Delivery Margin Related Riders Rider 2 Clean Growth Innovation Fund Account – Applicable to Mainland and Vancouver Island and Fort Nelson Service Area Customers for the Year ending December 31, 2024.Rider 3 Biomethane Variance Account – Applicable to Mainland and Vancouver Island Service Area Customers for the Year ending December 31, 2024.Rider 4 Fort Nelson Residential Customer Common Rate Phase-in Rider – Not applicable.Rider 5 Revenue Stabilization Adjustment Charge – Not applicable.

  • Liability of the Client for Delivery Margin shall arise when prescribed by the Clearing Corporation under By- Law E.8.3 in respect of the Class of Contracts to which the relevant Contract belongs.

  • E.8.3 Calling Delivery Margin A Broker Member must call Delivery Margin from the Client at a time prescribed by the Clearing Corporation in relation to a particular Class of Contracts.


More Definitions of Delivery Margin

Delivery Margin is the billing rate for a given Rate Schedule, less (a) any Commodity Component and (b) any Temporary Adjustment for such Rate Schedule. “Cumulative Delivery Margin is the cumulative Delivery Margin paid by Customer at a given point during the Term, plus any shortfall paid by Producer under Section 3.2.4.

Related to Delivery Margin

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • Retail margin means an amount, reflecting differences in

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Applicable ABR Margin means, at any date:

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Interest Margin Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Pricing Grid the pricing grid attached hereto as Annex A.

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Applicable LIBOR Margin means a per annum rate of interest payable in addition to the LIBOR Rate on LIBOR Rate Loans, determined by reference to Section 1.6.

  • Operating Margin means the incremental adjustments, measured in megawatts, required in PJM Region operations in order to accommodate, on a first contingency basis, an operating contingency in the PJM Region resulting from operations in an interconnected Control Area. Such adjustments may result in constraints causing Transmission Congestion Charges, or may result in Ancillary Services charges pursuant to the PJM Tariff. Operating Margin Customer: