Settlement Hour definition

Settlement Hour has the meaning given to it in Chapter 11 of the Market Rules.
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Settlement Hour means a period of one hour that corresponds to a particular dispatch hour for which metering data determined in accordance with Chapter 6 of the Market Rules and physical market prices for services calculated pursuant to Chapter 7 of the Market Rules are to be used to calculate the settlement debits and credits of Market Participants;
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Settlement Hour means an hour of the EFA Day where such EFA Day is divided into 24 hour-long periods commencing at the start of the EFA Day;]26
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Examples of Settlement Hour in a sentence

  • Committee membership is dictated, in large part, by the federal regulations which require at least five total members.

  • Notwithstanding any specific provisions of a Transaction to the contrary, all amounts owing by each Party under all Transactions for each Settlement Hour in a Month will be aggregated and netted against each other and such aggregated amount will be aggregated with the net amount owing in respect of previous Settlement Hours in that Month.

  • One commentator has noted that U.C.C’s mandate might be too big and this could justify the establishment of a body that would focus on the competition aspects of the sector.77 This prompts the question whether Uganda needs to adopt competition law to regulate the market.


More Definitions of Settlement Hour

Settlement Hour means a period of one hour which corresponds to a particular dispatch hour for which metering data determined in accordance with Market Rules and physical market prices for services calculates pursuant to Market Rules that are to be used to calculate the settlement debits and credits of Market Participants;
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Settlement Hour means any particular hour during which a Difference, if any, is agreed to be paid under a particular Transaction.
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Related to Settlement Hour

  • Settlement means the settlement set forth in this Agreement.

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

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

  • Settlement Day means, in relation to a date, (i) with respect to a transfer of cash or other property (other than securities), the next Local Business Day and (ii) with respect to a transfer of securities, the first Local Business Day after such date on which settlement of a trade in the relevant securities, if effected on such date, would have been settled in accordance with customary practice when settling through the clearance system agreed between the parties for delivery of such securities or, otherwise, on the market in which such securities are principally traded (or, in either case, if there is no such customary practice, on the first Local Business Day after such date on which it is reasonably practicable to deliver such securities).

  • Resettlement Framework or “RF” means the resettlement framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • 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.

  • Settlement System Code means the specifications, standards, methods, calculations and conventions established under the AUC Settlement System Code Rule 021, as amended or replaced from time to time;

  • Settlement Website means the website created and maintained by the Settlement Administrator which will contain, among other things, the Notice and Claim Forms, and documents related to the settlement.