Monthly Settlement Amount definition

Monthly Settlement Amount means with respect to any calendar month during the Delivery Period, the sum of: (i) the product of the Settlement Price and Monthly Settlement Load; and (ii) any other adjustments as set forth in this Agreement.
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Monthly Settlement Amount shall have the meaning specified in Section 7.03(b).
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Monthly Settlement Amount means with respect to any calendar month during the Delivery Period, the sum of: (i) the product of the applicable Monthly Settlement Base Price and Monthly Settlement Base Load; and (ii) any other adjustments as set forth in this Agreement.
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Examples of Monthly Settlement Amount in a sentence

  • The Monthly Settlement Amount may be satisfied through any combination of peak and off peak calling.

  • If at any time and from time to time during the term of this Agreement, a Buyer Downgrade Event occurs, notwithstanding the provisions of Article 7 (Billing and Settlement), Seller shall have the right to require Buyer to divide the Monthly Settlement Amount into twice-monthly amounts and pay such amounts on a twice- monthly basis for so long as the Buyer Downgrade Event continues.

  • For example, if all minutes in the selected option are off peak, the minutes of use included in the Monthly Settlement Amount, would, in effect, be increased.

  • Seller acknowledges that the Monthly Settlement Amount or Monthly Spot Energy Settlement Amount for any Delivery Period is preliminary and subject to adjustment through Buyer’s retail load settlement process in accordance with Buyer’s Electric Generation Supplier Coordination Tariff or for subsequent meter corrections reported to PJM.

  • If at any time and from time to time during the term of this Agreement, a Buyer Downgrade Event occurs, notwithstanding the provisions of Article 7 (Billing and Settlement), Seller shall have the right to require Buyer to divide the Monthly Settlement Amount or Monthly Spot Energy Settlement Amount into twice-monthly amounts and pay such amounts on a twice-monthly basis for so long as the Buyer Downgrade Event continues.

  • The amount to be assessed will be equal to the Minimum Monthly Settlement Amount in effect at the time of termination less the discount multiplied by the number of months remaining in the term commitment.

  • With respect to a Transaction, Buyer shall accept Block Energy Supply as provided by Seller pursuant to Section 2.1 (Seller’s Obligation to Provide Service), and shall pay Seller on the applicable Monthly Settlement Date for such Block Energy Supply in accordance with Section 7.3 (Payments of the Invoice) the Monthly Settlement Amount.

  • Note 1: The Monthly Settlement Amount is based on the option minutes multiplied by the peak rate.

  • The customer at the main billing number must agree to be responsible for the Minimum Monthly Settlement Amount.

  • Seller acknowledges that the Monthly Settlement Amount for any Delivery Period is preliminary and subject to adjustment through Buyer’s retail load settlement process in accordance with Buyer’s Electric Generation Supplier Coordination Tariff or for subsequent meter corrections reported to PJM.


More Definitions of Monthly Settlement Amount

Monthly Settlement Amount means with respect to any calendar month during the ------------------------- Delivery Period, the product of the Settlement Price and Monthly Settlement Load and any other adjustments as set forth in this Agreement.
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Monthly Settlement Amount means for any Renewable Product Group in any Delivery Month (i) the (a) Target Inventory Settlement minus the (b) Total Daily Settlements, plus (ii) (c) the Variance True-Up Amount. (a) “Target Inventory Settlement” means the product of the Monthly Variance Volume, multiplied by the Average Applicable Index Value.  “Monthly Variance Volume” means the Target Month-End Volume for the current Delivery Month minus the prior Month’s Ending In-Tank Inventory. o “Target Month-End Volume” means for each Renewable Product, the Target Month-End Renewable Product Inventory Volume for the applicable Renewable Product, and for Permitted Feedstock, the Target Month-End Permitted Feedstock Inventory Volume. o “Ending In-Tank Inventory” means for each Renewable Product, the Ending In- Tank Renewable Product Inventory for the applicable Renewable Product, and for Permitted Feedstock, the Ending In-Tank Permitted Feedstock Inventory.
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Related to Monthly Settlement Amount

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Monthly Settlement Date means the 20th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Gross Settlement Amount means Two Hundred Forty Thousand Dollars and Zero Cents ($240,000.00) which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Settlement Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and the Administration Expenses.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Unscheduled Principal Distribution Amount With respect to any Distribution Date, an amount equal to the aggregate of: (a) all Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans and, to the extent of the Trust’s interest therein, any REO Properties during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise, that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Scheduled Principal Distribution Amount With respect to each Distribution Date, an amount equal to the aggregate of the principal portions of:

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Early Settlement Rate has the meaning specified in Section 5.9(b).

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Payment Amount has the meaning specified in Section 6.1.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.