Deviation Account definition

Deviation Account is an account in MWh kept daily by Bonneville which shall record any differences between the amount of NTSA energy which should have been delivered and the amount which was delivered between Bonneville and each NTSA Party.
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Examples of Deviation Account in a sentence

  • The balance in the Deviation Account shall be included along with the other after-the-fact data which will be made available to all NTSA Parties.

  • The Deviation Account will be used to keep track of differences between the scheduled energy transfers for NTSA transactions and the actual right or obligations to energy transfers.

  • Any non-zero day-total BOSS Flex scheduled for any calendar day shall be added to «Customer Name»’s BOSS Deviation Account balance.

  • The Deviation Account balance shall be reduced to zero in four equal daily schedules, or as mutually agreeable upon the request of either NTSA Party.

  • Bonneville shall prepare schedules, allocating any limited ability to store or release pursuant to Section 4(A) of this Exhibit E, while attempting to reduce any Deviation Account balances.

  • The head losses will also be calculated after-the-fact and added to the Deviation Account.

  • The head losses owed by each Party shall be treated as daily adjustments to the Deviation Account of each Party.

  • The energy owed by (or to) each NTSA Party is then compared with the scheduled energy delivered for that day as a result of the pre-schedule phase NTSA calculations and any differences are added to the Deviation Account.

  • Each NTSA Party shall make an effort to keep the Deviation Account near zero.

Related to Deviation Account

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Collection Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;