Examples of Initial Forecast in a sentence
Without prejudice to paragraph 5.3.6, where a User does not submit a Forecast Daily Imbalance Nomination in respect of a Day by 17:00 hours on the Preceding day the User will be deemed to have submitted an Initial Forecast Daily Imbalance Nomination equal to the Prevailing Provisional Daily Imbalance.
No later than 30 calendar days before the first calendar day of the Initial Forecast Month, Seller shall provide Buyer with a Forecast for the 30 calendar-day period commencing on the first calendar day of the Initial Forecast Month using the Web Client.
Without prejudice to paragraph5.3.6, where a User does not submit a Forecast Daily Imbalance Nomination in respect of a Day by 17:00 hours on the Preceding day the User will be deemed to have submitted an Initial Forecast Daily Imbalance Nomination equal to the Prevailing Provisional Daily Imbalance.
The remainder of the Initial Forecast shall set forth Buyer’s best estimate of its Product production and supply requirements.
The portion of the Initial Forecast commencing on the Effective Date and ending on the last day of the fourth (4th) month after the Effective Date shall be deemed a Firm Order (the “Initial Firm Order”) for which Buyer is obligated to order and take delivery of the forecasted Product requirements.