Excess Withdrawal Charge definition

Excess Withdrawal Charge means the amount a Customer shall pay to CADEVILLE STORAGE for each Dth of Customer’s Gas
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Excess Withdrawal Charge means the amount a Customer shall pay to MS HUB for each Dth of Customer’s Gas withdrawn from MS HUB’s facilities in accordance with Section 5.2.3 of Rate Schedule FSS pursuant to an executed Firm Storage Service Agreement.
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Examples of Excess Withdrawal Charge in a sentence

  • If there is no obvious impact on one group of market players, they are not necessarily mentioned in the impact analysis.7.1. Doing nothing 7.1.1. Impact on performers Over the next 10 years performers and records producers will lose their neighbouring rights over an increasing amount of recorded music (those recorded and released between 1957 and 1967).

  • A usage charge equal to the Excess Withdrawal Charge set forth in Customer's Secondary Firm Storage Service Agreement multiplied by the quantity withdrawn as Excess Withdrawal Gas for Customer's account from Egan Hub's facilities pursuant to Section 2.3 of this rate schedule during a given Month.

  • Excess Withdrawal Market Based/ $/Dth Charge Negotiable Payment shall be equal to the Excess Withdrawal Charge specified in Customer’s executed Firm Storage Service Agreement multiplied by the Dth quantity ASC shall have withdrawn from storage for Customer’s account as Excess Withdrawal Gas during a given Month.

  • A usage charge equal to the Excess Withdrawal Charge specified in Customer's No-Notice Storage Service Agreement multiplied by the quantity withdrawn as Excess Withdrawal Gas for Customer's account from Egan Hub's facilities pursuant to Section 2.3 of this rate schedule during a given Month.

  • EGDI implied it could be 6 impacted by a loss of value associated with its existing STS Balances that would be 7 eliminated.41 EGDI quantified this value as $26.9 million based on applying a 25% 8 Excess Withdrawal Charge to the STS Balance quantities that would be eliminated.

  • Reference vii) explains that if an STS Balance reaches zero GJ, additional withdrawals would incur an Excess Withdrawal Charge.

  • Excess Withdrawal Market Based $/Dth Charge Negotiable Payment shall be equal to the Excess Withdrawal Charge specified in Customer’s Firm Storage Service Agreement multiplied by the Dth quantity Ryckman Creek shall have withdrawn from storage for Customer’s account as Excess Withdrawal Gas for each Day during a given Month.

  • Request: Explain the historical logic for distinguishing the Excess Withdrawal Charge between markets that are downstream of storage from those that are upstream of storage, at the rates stated in the reference.

  • In reference viii), TransCanada states that the STS Excess Withdrawal Charge is intended to act as an incentive for STS shippers to hold enough Long-haul Contract quantity for injection purposes to meet their winter withdrawal requirements.

  • For a shipper whose market is downstream or east of the storage location (e.g., the Enbridge EDA relative to Parkway), the Excess Withdrawal Charge is only 25% of the STS toll because the shipper is already charged the STS toll on its Withdrawal Quantity.

Related to Excess Withdrawal Charge

  • Withdrawal Charge means a charge taken by AUL equal to a percentage of the Account Value withdrawn pursuant to "Withdrawal Benefits," where the percentage varies by the Participant Account Year in which the withdrawal is made. The first Participant Account Year begins on the date when AUL establishes a Participant Account and credits the initial Contribution for the Participant, and ends on the day immediately preceding the next anniversary of such date. Each Participant Account Year thereafter begins on such an anniversary date and ends on the day immediately preceding the next succeeding anniversary date. The Withdrawal Charge percentage is as follows: During Withdrawal Charge Participant Account Years Percentage However, for any Participant who also participates in the companion AUL Series III group annuity contract, the initial Withdrawal Charge percentage under the Contract shall be equal to the Withdrawal Charge percentage applicable to the Participant under the AUL Series I group annuity contract from which funds have been transferred to such Series III contract, determined by AUL immediately prior to the date of such transfer, rounded down to the next whole Withdrawal Charge percentage if the Withdrawal Charge percentage under such Series I contract is a fractional Withdrawal Charge percentage. However, the Withdrawal Charge percentage under this paragraph shall never be greater than 8%. The Withdrawal Charge percentage shall be decreased by 1% for each subsequent Participant Account Year until the Withdrawal Charge percentage equals 4%. (However, if the applicable Series I contract Withdrawal Charge percentage is less than 4%, it shall be rounded up to 4% in the Contract.) This 4% Withdrawal Charge percentage shall be in effect during the next 6 consecutive Participant Account Years. Thereafter, the Withdrawal Charge percentage shall be reduced to 0%. In no event will the cumulative total of all Withdrawal Charges, including those previously assessed against any amount withdrawn from a Participant Account, exceed 9% of total Contributions allocated to that Participant Account.

  • Excess Withdrawal is a withdrawal of Account Value that exceeds the Free Withdrawal Amount. This term may not apply to your Contract.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Withdrawal Period as defined in Section 10.13(b).

  • Final Withdrawal Date Has the meaning specified in the Escrow Agreement.

  • Final Withdrawal Has the meaning specified in the Escrow Agreement.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Withdrawal Value means a Participant's Account Value minus the applicable Withdrawal Charge. (transfer from original GRA VII NBR/GRA VI NBR -- Series I) P-14020(SBR)(MBR)(NBR)conv.6

  • Free Withdrawal Amount ’ means an amount equal to the percentage, stated in the Data Pages, of the Annuity Account Value, minus the total of all prior withdrawals (and associated Withdrawal Charges) made as described in Section 5.01 in the current Contract Year that may be withdrawn each Contract Year without incurring a Withdrawal Charge. We have the right to change the Free Withdrawal Amount, but it will always be a percentage between 5% and 30% if so provided in the Data Pages.

  • Single Withdrawal Tranche means the amount of the Loan allocated to the category entitled “Single Withdrawal Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Insured Amount As defined in the Policy.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Required Amount shall have the meaning set forth in Section 4.8.

  • EU withdrawal agreement means the withdrawal agreement within the meaning of the European Union (Withdrawal Agreement) Act 2020 (see section 39(1) and (6) of that Act).”,

  • Reserve Fund Required Amount means, (i) for any Payment Date on which the Note Balance is greater than $0, $2,128,635.19 (i.e., 0.25% of the Cutoff Date Adjusted Pool Balance) or (ii) if the Notes have been paid in full, $0; provided, however, that the Reserve Fund Required Amount may not exceed the Note Balance.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (i) the amount of cash or other immediately available funds in the Reserve Account on such Payment Date (prior to giving effect to any withdrawals therefrom relating to such Payment Date) over (ii) the Specified Reserve Balance with respect to such Payment Date.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Voluntary Withdrawal means a Member’s dissociation with the Company by means other than by a Transfer or an Involuntary Withdrawal.

  • Withdrawal Date Any day during the period commencing on the 18th day of the month of the related Distribution Date (or if such day is not a Business Day, the immediately preceding Business Day) and ending on the last Business Day prior to the 21st day of the month of such Distribution Date. The “related Due Date” for any Withdrawal Date is the Due Date immediately preceding the related Distribution Date.

  • Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.