Settlements and Prudential Methodology definition

Settlements and Prudential Methodology means the methodology established under clause 17.3. Spread Product is defined in clause 12.1.
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Settlements and Prudential Methodology means the methodology established under clause 17.3. Spread Product is defined in clause 12.1. Spread Product Price is defined in clause 12.1. Swap Delivery Point is defined in clause 12.1. Swap Receipt Point is defined in clause 12.1.
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Settlements and Prudential Methodology means the methodology established under clause 17.3. Suspension Event is defined in clause 19.1. Time Stamp is the means of identifying the time and date at which data is transmitted, received or created by the Trading System. An Order may be given a new Time Stamp when it is modified, or re-activated after withdrawal.
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Examples of Settlements and Prudential Methodology in a sentence

  • This Exchange Agreement (including its schedules and the Settlements and Prudential Methodology) and Part 22 of the National Gas Rules set out or provide for the terms of participation in the Exchange and transactions entered into through the Exchange.

  • The Settlements and Prudential Methodology may be contained in the same document as the Rules Methodology.

  • The Operator may amend the Settlements and Prudential Methodology after consulting with Market Participants using the process applicable to proposed amendments to this agreement under clauses 3.3 to 3.5. If the Settlements and Prudential Methodology is contained in the same document as the Rules Methodology, the Operator must also comply with any additional requirements in the National Gas Rules applicable to the amendment of the Rules Methodology.

  • The Operator may, in accordance with the Settlements and Prudential Methodology, recalculate the Prudential Exposure of a Trading Participant at the commencement of a Trading Halt.

  • The Settlements and Prudential Methodology forms part of this Exchange Agreement and has effect as if set out in full in the body of this agreement.

  • Prudential Exposure Debit Participant The total estimated Prudential Exposure across all relevant Gas Days of the Reallocation Request, as determined in accordance with the Settlements and Prudential Methodology, must not cause the Debit Participant’s Prudential Exposure (inclusive of Reallocation Requests) to exceed its Trading Limit.

  • The Settlements and Prudential Methodology may provide for the Operator to apply different margins to its calculation of Prudential Exposure, reflecting a higher risk where a Suspension Event has occurred or a Trading Halt has applied in respect of a Market Participant within the preceding 3 months.

  • The Settlements and Prudential Methodology must set out a detailed calculation methodology, which may take the form of equations, to be applied in determining, for each Market Participant: the Physical Gas Settlement Amounts, Reallocation Settlement Amounts, Offset Amounts and Exchange Fees referable to each Gas Day in a Billing Period; the Settlement Amount for a Billing Period.

  • Required content and principles for determining Settlement Amounts The Settlements and Prudential Methodology must set out a detailed calculation methodology, which may take the form of equations, to be applied in determining, for each Market Participant: the Physical Gas Amounts, Reallocation Amounts, Offset Amounts, Low Pressure Settlement Adjustment Amounts and Exchange Fees referable to each Gas Day in a Billing Period; the Settlement Amount for a Billing Period.


More Definitions of Settlements and Prudential Methodology

Settlements and Prudential Methodology means the methodology established under clause 17.3. Spread Product is defined in clause 12.1. Spread Product Price is defined in clause 12.1. Swap Delivery Point is defined in clause 12.1. Swap Receipt Point is defined in clause 12.1. Suspension Event is defined in clause 19.1. Time Stamp is the means of identifying the time and date at which data is transmitted, received or created by the Trading System. An Order may be given a new Time Stamp when it is modified, or re-activated after withdrawal.
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Related to Settlements and Prudential Methodology

  • Methodology means the process used by the Steward to determine its calculation of its Supplied quantity of Designated Printed Paper and Packaging, including, but not limited to, data sources, percentage allocation of data reported, data collection systems, and the use of calculators, worksheets, commercial software, or mathematical formulae.

  • Elective Treatment and Procedures means any medical treatment or surgical procedure that is not medically necessary, including any service, treatment, or supplies that are deemed by the federal, or a state or local government authority, or by Us to be research or experimental or that is not recognized as a generally accepted medical practice.

  • Common Reporting Standard (CRS) means the Standard for Automatic Exchange of Financial Account Information (“AEOFAI”) in Tax Matters and was developed in response to the G20 request and approved by the Organisation for Economic Co-operation and Development (OECD) Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions.

  • Electronic Subcontracting Reporting System (eSRS) means the Governmentwide, electronic, web-based system for small business subcontracting program reporting. The eSRS is located at http://www.esrs.gov.

  • Federal poverty guidelines means the poverty guidelines published annually in the Federal Register by the United States Department of Health and Human Services under its authority to revise the poverty line under section 673(2) of subtitle B of title VI of the omnibus budget reconciliation act of 1981, 42 USC 9902.

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Valuation Guidelines means the valuation guidelines adopted by the Board, as amended from time to time.

  • Valuation manual means the manual of valuation instructions adopted by the NAIC as specified in this section or as subsequently amended.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Common Reporting Standard means the standard for automatic exchange of financial account information in tax matters (which includes the Commentaries), developed by the OECD, with G20 countries;

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Environmental and Social Management Framework or “ESMF” means an instrument satisfactory to the Association, prepared and adopted by the Recipient and dated February 5, 2010 outlining the process for management of the environmental and social aspects of the Project as the same may be amended from time to time with the Association’s prior written concurrence.

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and XXX Credits” published by the Bank in May 2004 and revised in October, 2006.

  • Uniform Standards of Professional Appraisal Practice means the current standards of the appraisal profession, developed for appraisers and users of appraisal services by the Appraisal Standards Board of the Appraisal Foundation.

  • Auditing Profession Act ’ means the Auditing Profession Act, 2005 (Act No. 26 of 2005);

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Reconciliation Procedures has the meaning set forth in Section 2.3(a) of this Agreement.

  • Ordinary Course Professionals Order means any order of the Bankruptcy Court permitting the Debtors to retain certain professionals in the ordinary course of their businesses.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • railway operational procedures means procedures specified under any access agreement (as defined in the Railways Act 1993) or station lease;

  • Standard Operating Procedures or “SOP” means the procedures as specified in the Annexes or Attachments to the relevant Schedules;

  • Servicer Policies and Practices means, with respect to the Servicer’s duties under Exhibit A to the Servicing Agreement, the policies and practices of the Servicer applicable to such duties that the Servicer follows with respect to comparable assets that it services for itself and, if applicable, others.