Settlement Periods definition

Settlement Periods means such consecutive periods of four weeks (or otherwise) as are specified in Part I of Schedule 34 or, as the case may be, as the RSP may determine and notify to the Operators from time to time under Clause 12-30(2) below.
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Settlement Periods means such consecutive periods of four weeks as the RSP may determine and notify to the TOC's from time to time;
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Settlement Periods. With respect to each Settlement Date means the period from (but excluding) the immediately preceding Settlement Date (or, in the case of the first Settlement Date, from and including the Effective Date) to (and including) such Settlement Date (or, in the case of the last Settlement Date, to and including the Termination Date).
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Examples of Settlement Periods in a sentence

  • Upon notice thereof by the Administrative Agent to the Borrower, any obligation of the Lenders to make or continue Advances bearing interest at a rate based upon the Adjusted Term SOFR Rate shall be suspended (to the extent of the affected Settlement Periods) until the Administrative Agent revokes such notice.

  • Such information shall be preserved in the case of Rail Products Sold or Issued using an Approved TIS or Refunds made in respect of such Rail Products until that information has been received by RSP and in all other cases for thirty (30) Settlement Periods after the end of the Settlement Period in which the Rail Product was Sold or Issued or, as the case may be, Refund was made.

  • The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ____ [insert the number of hours of duration of the Project]; DAPi = the largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.

  • Claim Payments paid by Claim Administrator in prior Claim Settlement Periods that have not been included in a prior Claim settlement.

  • Provided that such failure by the Collection Agent does not last longer than two consecutive Settlement Periods and the provisions of this Clause 12(D) are complied with, such failure shall not by itself constitute an Early Amortisation Event.

  • As of the end of any Settlement Period, the average of the Delinquency Rates for such Settlement Period and the two immediately preceding Settlement Periods shall exceed 6.0%.

  • This means that at the end of each month, the aggregate number of Settlements Periods in which the DER was accepted and deemed to have been available (as measured under the logic specified for Wave 1) is compared to the total number of Settlement Periods that the DER service was accepted for, to calculate a Relevant Proportion of availability achieved.

  • For greater certainty, in the case where the Buyer is in default, the Settlement Periods during discontinuance of performance by the Owner pursuant to Section 17.1 shall be excluded from the Monthly Incentive Payment calculation as set out in Schedule D.

  • However, at Servicer’s sole election, it may change from a single fixed Settlement Period for all Sales Records to separate Settlement Periods determined for each individual Sales Records such that Servicer will retain and hold funds paid to Servicer by a Card Association on account of such Sales Records until the amount of the Deposit equals the Required Amount, as determined in accordance with Sections 3 and 8 of this Exposure Protection Schedule.

  • As of the end of any Settlement Period, the average of the Estimated Annualized Net Loss Rates for such Settlement Period and the two immediately preceding Settlement Periods shall exceed 1.0%.

Related to Settlement Periods

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Settlement Dates As determined pursuant to Section 9.4 of the Equity Definitions, subject to Section 9(k)(i) hereof.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Cash Settlement Averaging Period has the meaning set forth in Section 12.13(a).

  • Curtailment Period means the period of time, as measured using current Settlement Intervals, during which generation from the Facility is reduced pursuant to a Curtailment Order; provided that the Curtailment Period shall be inclusive of the time required for the Facility to ramp down and ramp up.