Reconciliation Quantity definition

Reconciliation Quantity means an Individual NDM Reconciliation Quantity, a User Aggregate Reconciliation Quantity, a DM Reconciliation Quantity or CSEP Reconciliation Quantity.
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Reconciliation Quantity has the meaning given in Clause 10.1(b)(iv); “Required Credit Rating” has the meaning given in Clause 16.1(c); “Run-off Period” means the period specified as such in Schedule 1; “Schedule” means a schedule to this Agreement;
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Reconciliation Quantity means the amount by which the quantity determined pursuant to a Meter Reading to have been consumed by the Customer in the relevant period differs from the quantity previously assumed or determined to have been consumed since the preceding Meter Reading.
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Examples of Reconciliation Quantity in a sentence

  • Upon each Offtake Reconciliation, the Reconciliation Quantity shall be extinguished by a System Clearing Contract in accordance with Section F5.

  • The DM Check Reconciliation Quantity for a Day shall be determined as the Failed Daily Read Reconciliation Volume, or (as the case may be) the DM Check Reconciliation Volume, multiplied by the applicable calorific value for the Day.

  • Upon each Aggregate NDM Reconciliation the User Aggregate Reconciliation Quantity shall be extinguished by a System Clearing Contract in accordance with Section F5.

  • Each of the Reconciliation Transportation Charge Adjustments for a Day shall be established by multiplying the DM Reconciliation Quantity by the Applicable Commodity Rate(s) of the NTS Commodity Charge, the LDZ Commodity Charge or (as the case may be) the Commodity Variable Component (if any) of the Customer Charge for such Day.

  • The Reconciliation Clearing Value for a Day shall be established by multiplying the DM Reconciliation Quantity by the System Average Price for the relevant Day.

  • The Individual NDM Reconciliation Quantity is negative where the NDM reconciliation factor (under paragraph 6.2.2(c)) is greater than one and positive where the NDM reconciliation factor is less than one.

  • Upon each Individual NDM Reconciliation, DM Reconciliation or Individual CSEP Reconciliation the Reconciliation Quantity shall be extinguished by a System Clearing Contract in accordance with Section F5.

  • UUGRCV) is the amount determined as: UUGRCV = – ARCV * UALQ / ALQ where ARQ is the Aggregate Reconciliation Quantity ARCV is the Aggregate Reconciliation Clearing Value UALQ is the User Aggregate LDZ QuantityALQ is the Aggregate LDZ Quantity.

  • Following receipt by the Transporter of a NDM Meter Read, the Transporter shall calculate in accordance with the Reconciliation Procedures the difference between the quantity of Natural Gas allocated in accordance with the NDM Allocation Procedure and Section 2 during the period to which the NDM Meter Read relates and the quantity determined by the NDM Meter Read as having been offtaken from such NDM Supply Point during such period (the " Reconciliation Quantity").

  • In respect of each Offtake Reconciliation, the Reconciliation Clearing Value ( “RCV”) shall be calculated as follows: RCV =  (DRQD * SAPD) where  is the sum over all Days in the Reconciliation Metered Period and where, for each such DayDRQD is the Daily Reconciliation Quantity SAPD is the System Average Price.


More Definitions of Reconciliation Quantity

Reconciliation Quantity has the meaning given in clause 18.1; "Referred Matter" has the meaning given in clause 27.1;
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Related to Reconciliation Quantity

  • Reconciliation Amount has the meaning given to it in paragraph 9.9 of Schedule 9.1 (Financial and Other Consequences of Change);

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1.