Virtual Balancing Account definition

Virtual Balancing Account. : means an account held or to be held by a Virtual Lead
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Virtual Balancing Account. : means an account held or to be held by a Virtual Lead Party, that does not hold or wish to hold Energy Accounts, for purposes of accounting in Settlement for energy imbalance volumes arising from Non-Delivery of Replacement Reserve;
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Related to Virtual Balancing Account

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Collection Accounts As defined in Section 3.10(a).

  • Servicing Accounts The account or accounts created and maintained pursuant to Section 3.08.