SEG Payments definition

SEG Payments means Export Payments and paid in accordance with section 3 of this document;
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SEG Payments means, as applicable, the Export Payments payable to the Generator by EDF Energy, as calculated pursuant to these terms and conditions;
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SEG Payments means the sum or sums payable to you, the SEG Generator, by a SEG Licensee, for Export in any period
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Examples of SEG Payments in a sentence

  • All Revolving Loans made by Lender pursuant to the Credit Agreement and other Credit Facility Documents, and all payments and prepayments made on account of the principal balance hereof shall be recorded by Lender on the grid attached hereto, provided that failure to make such a notation shall not affect or diminish Borrower’s obligation to repay all amounts due on this Note as and when due.

  • EDF Energy may require the Generator to pay any charges (or have such charges deducted from any future SEG Payments) that EDF Energy reasonably incurs (either directly or indirectly) pursuant to any access visit undertaken by EDF Energy pursuant to this clause 6.

  • Where the Generator is not able to comply with the obligations set out in this clause 6 with respect to locating Meters in an accessible place and allowing access to such Meters, then the SEG Payments may be suspended in the event that Meter Readings cannot be appropriately verified by EDF Energy, or any officer, employee, agent, contractor, or sub-contractor appointed by EDF Energy or the Authority.

  • SEG Payments may be subject to VAT, and accordingly the Generator shall provide EDF Energy with such information, declarations and assistance so as to ensure that the correct amount of VAT is paid to the Generator, and as may otherwise be required to comply with relevant taxation requirements.

  • No SEG Payments will be made for electricity generated or exported by the Generator after termination of this Agreement.

  • Additional capacity that will take the eligible installation over the 5MW threshold (or 50kW for micro-CHP) will not be eligible for SEG Payments.

  • If this appears to exceed tolerance, We will withhold SEG Payments until We are able to validate your Meter Reading.

  • This includes the Export Meter readings supplied to EDF Energy as part of the request for SEG Payments in respect of the Accredited SEG Installation.

  • Your SEG Payments will be calculated on Meter Readings provided by You.

  • We will be entitled to reduce, recoup or withhold SEG Payments if You are involved in abuse of the SEG Scheme.

Related to SEG Payments

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Termination Payments has the meaning specified in Section 10(a).

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Payments has the meaning set forth in Section 8.11.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Interim Payment has the meaning specified in Section 10.1.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Termination Payment has the meaning set forth in Section 6.03.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Change of Control Payments means the aggregate amount of all change of control or bonus payments that are payable by the Company and its Subsidiaries to any Person solely as a result of the consummation of the Closing, together with any employer-paid portion of any employment and payroll taxes related thereto; provided, however, that in no event shall any (a) retention payments made pursuant to any Employment Agreement or (b) any severance payments made to employees who are terminated on or after the Closing Date be considered Change of Control Payments.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.