Tracking Account definition

Tracking Account has the meaning set forth in paragraph (a) of Section 17.2 (Tracking Account).

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Tracking Account has the meaning given in the Energy Hedge Agreement.

Tracking Account has the meaning set forth in the Hedge Facility Agreement.

Examples of Tracking Account in a sentence

PG&E shall amortize the Tax Tracking Account in Retail Electric rates over the greater of the remaining life of the Regulatory Asset or five years.
The Tax Tracking Account shall earn PG&E’s authorized rate of return in accordance with the provisions of Paragraph 2b.
The Tax Tracking Account shall earn PG&E's authorized rate of return in accordance with the provisions of Paragraph 2b.
If a Party terminates this Agreement early pursuant to Article 15 (Termination), and an undisputed balance remains in the Tracking Account (the “Termination Balance”), Resource Provider shall repay such Termination Balance plus Interest to PREPA within thirty (30) Days of the Termination Date.
If the Parties cannot agree on an adjustment to the balance in the Tracking Account within thirty (30) Days of PREPA’s receipt of Resource Provider’s objection, then a Party may refer such matter to dispute resolution by either Party pursuant to Section 21.11 (Dispute Resolution).

More Definitions of Tracking Account

Tracking Account has the meaning set forth in the Accounts Agreement.

Tracking Account has the meaning ascribed thereto in Section 5.2(a).

Tracking Account with respect to any Commodity Hedge and Power Sales Agreement, any “tracking account” or other deferral of ordinary course settlement payment included in any Permitted Commodity Hedge and Power Sale Agreement that provides the Borrower or any of its Subsidiaries with liquidity to address node-to-zone volume and pricing basis risk.

Tracking Account means a ledger account maintained by the Lender that tracks amounts paid from time to time to the Lender by the Credit Protection Insurer pursuant to the Credit Protection Insurance Policy, as reduced by amounts reimbursed from time to time to the Credit Protection Insurer pursuant to Section 4.5 of this Agreement.

Tracking Account has the meaning assigned to such term in Section 12.1(a).

Tracking Account. A notional account in which amounts are added and subtracted as provided in Section 10.15(b).

Tracking Account means a record maintained by a Licensee either electronically or on paper that functions like a checkbook register that is used to keep track of the amount of funding that such Licensee is obligated to provide under a particular provision of this Agreement. Tracking Accounts shall indicate the amounts disbursed, interest accrued, if any, and remaining balance available for expenditure for each fund. The Licensees shall maintain separate Tracking Accounts for each fund established under this Agreement. A