Remaining Customer definition
Examples of Remaining Customer in a sentence
The Proportional Allocation Factor may change if the generation asset and contract sale results in multiple Closing Dates, or a different mix of resources available to serve the Remaining Customer Load.
If MPC deems necessary a change to the preschedule in order to balance Seller's resources to the Remaining Customer Load, then the preschedule will be provided to the Seller consistent with regional scheduling practices.
An initial non-binding estimate of the Seller's share of the Buyer's Remaining Load Obligation can be computed by multiplying the initial estimate of the Remaining Customer Load shown in Exhibit D by the appropriate Proportional Allocation Factor in Exhibit C.
The purchase and sale of energy shall commence at 00:00:01 MPT on the day immediately succeeding the Closing Date and shall end when the Buyer's Remaining Customer Load is zero or no later than 23:59:59 MPT June 30, 2002.
The Seller will be responsible to serve its proportional allocation of the Buyer's actual Remaining Customer Load as defined in Section 3.1 and will be notified of this obligation pursuant to Section 5.4. MPC NON COLSTRIP 3 8 9 5.4 SHORT-TERM NOTIFICATION.
By the fifteenth of each month during the Contract Term, the Buyer will notify the Seller of the non-binding monthly energy and peak estimates for the Remaining Customer Load provided the non-binding Remaining Customer Load estimate have changed from previously provided estimates.
The Seller will be provided non-binding estimates of the Buyer's Remaining Customer Load obligation in the following manner: Upon completion of the sale, Seller will be notified of Buyer's non- binding Remaining Customer Load monthly capacity and energy obligation through the Contract Term if different than Exhibit D.
If at any time on or after 11:59 p.m. Illinois time on the day immediately preceding the Closing Date, Acquiror or the Company receives the Remaining Customer Receivable Amount (or any portion thereof), it shall promptly and in any event within 15 days after receipt of such amount, remit such amount to Seller.
For the avoidance of doubt, with respect to such renewals, nothing herein shall limit the revenue that may be received by Seller that is attributable to any Remaining Customer with respect to any services that do not constitute Restricted Services.
Seller shall sell and deliver, or cause to be delivered, and Buyer shall purchase and receive, or cause to be received, an amount of firm energy measured in mWh per hour equal to the Seller's proportional allocation of Buyers actual Remaining Customer Load.