Settlement Unit definition

Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.
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Settlement Unit has the meaning given to that term in the CfD Agreement;
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Settlement Unit means each hour period in a day divided into hour-long periods starting at 00:00 on such day. 2 The following Parts and Annexes of the Conditions shall apply to this Contract for Difference:
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Examples of Settlement Unit in a sentence

  • The Renewable Qualifying Multiplier shall, in respect of each Settlement Unit within an RQM Calculation Month, be the amount so calculated by the CfD Counterparty in accordance with the RQM Calculation Methodology.

  • The CHP Qualifying Multiplier shall, in respect of each Settlement Unit, be the amount so calculated by the CfD Counterparty in accordance with the CHPQM Calculation Methodology.

  • The CfD Counterparty shall calculate the Metered Output in respect of each Settlement Unit.

  • The CfD Counterparty shall calculate the CHP Qualifying Multiplier in respect of each Settlement Unit.

  • Any reference in Conditions 10.1 to 10.4 (inclusive) to a BSC Company or a BSC Agent notifying or reporting to the CfD Counterparty the Loss Adjusted Metered Output for a Settlement Unit shall, in the case of a Dual Scheme Facility, be construed with due regard to the CfD Counterparty's obligation to calculate the Imported Electricity Allowance pursuant to Condition 13 (Baseload Dual Scheme Facilities).

  • The “Metered Output” in respect of each Settlement Unit shall be (subject to 4 Drafting note: Clause to be retained only if specific amendments to any given Contract for Difference are agreed to be made pursuant to Part 3 of The Contract for Difference (Standard Terms) Regulations 2014 (as amended).

  • Any reference in Conditions 10.1 to 10.4 (inclusive) to a BSC Company or a BSC Agent notifying or reporting to the CfD Counterparty the Loss Adjusted Metered Output for a Settlement Unit shall, in the case of a Dual Scheme Facility, be construed with due regard to the CfD Counterparty’s obligation to calculate the Imported Electricity Allowance pursuant to Condition 13 (Baseload Dual Scheme Facilities).

  • The ACT Efficiency Multiplier shall, in respect of each Settlement Unit within an ACT Efficiency Period, be the amount so determined by the CfD Counterparty in accordance with the ACT Efficiency Calculation Methodology.

  • The application of this Agreement will begin when eSett Oy (hereinafter Imbalance Settlement Unit) will start the implementation of imbalance settlement on behalf of Fingrid; however, not earlier than 1 May 2017.

  • Balancing Service Provider shall have a valid Imbalance Settlement Agreement or Bal- ancing Service Settlement Agreement with the Imbalance Settlement Unit designated by Fingrid.


More Definitions of Settlement Unit

Settlement Unit means an AP Settlement Unit or a VP Settlement Unit (as applicable);
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Settlement Unit means each day occurring during the Term after the Start Date, starting at 00:00 and ending at 23:59 on the same day;
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Settlement Unit means the AP Settlement Unit or the VP Settlement Unit (as applicable);
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Settlement Unit means each half hour
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Settlement Unit means each [day occurring during the Term after the Start Date, starting at 00:00 and ending at 23:59 on the same day];39
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Related to Settlement Unit

  • Management Unit means an area established by the Commission for management purposes.

  • Settlement Price means the official closing level of the relevant Underlying Reference;

  • Replacement unit means a landfill, surface impoundment, or waste pile unit from which all or substantially all of the waste is removed, and which is subsequently reused to treat, store, or dispose of hazardous waste. Replacement unit does not include a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with a closure or corrective action plan approved by USEPA or the Agency.

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Settlement Amount has the meaning specified in Section 14.02(a)(iv).