Imbalance Charges definition

Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter's balance and/or nomination requirements.

Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Carrier for failure to satisfy the Carrier’s balancing, nominating and/or scheduling requirements, excluding Railroad Charges.

Imbalance Charges means all penalties, fees, assessments and other costs, debits and charges (whether in effect as of the Effective Date or at any time in the future) assessed or imposed for Energy Imbalances, including revenue sufficiency guarantee and similar charges, costs of purchasing imbalance or real-time Energy to settle under-generated Contract Energy or under produced Storage Energy; settlement at negative prices of over-generated Contract Energy or over- produced Storage Energy; other settlement charges; and other costs, debits and charges in all cases as assessed pursuant to the MISO Rules or such other applicable tariff or rate schedule or an applicable Balancing Authority’s or other applicable Transmission Provider’s balance, scheduling or other requirements.

Examples of Imbalance Charges in a sentence

• Other Charges: Imbalance Charges (as herein defined), and any pipeline scheduling, balancing, transportation, or other similar charges incurred by KUB in connection with the transportation of gas on behalf of the Customer, as applicable.

• The Monthly Fuel Imbalance Charge is equal to 75% of 1st Tier Imbalance plus 100% of 2nd Tier Imbalances; Where: The 1st Tier Imbalances is that portion of the Monthly Sum of Daily Imbalance Charges which exceeds 2.25 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month and is less than or equal to 10.0 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month.

• The 2nd Tier Imbalances is that portion of the Monthly Sum of Daily Imbalance Charges which is greater than 10.0 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month.

• Shipper must pay Service Provider, each Month during the Term, the aggregate of the Imbalance Charges for each Day in the Month.

• The parties shall use commercially reasonable efforts to avoid imposition of any Imbalance Charges.

More Definitions of Imbalance Charges

Imbalance Charges means costs and charges incurred by or for the account of the Generator pursuant to the Balancing Mechanism by reason of its contracted volumes not matching its metered volumes in relation to output from the Facility, and at the Agreement Date includes the Daily Party Energy Imbalance Cashflow;

Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by DC or ISO for failure to satisfy balancing or nominations requirements at any Delivery Point.

Imbalance Charges means any penalties, fees or charges assessed by (i) a transmission provider or a Control Area operator for failure to satisfy requirements for balancing of electric energy receipts and deliveries or loads and generation, including, without limitation, any amounts payable by Seller pursuant to the Generator Imbalance Agreement relating to its facility or (ii) a transporter for failure to satisfy the transporter’s balance and/or nomination requirements.

Imbalance Charges means any fees, penalties, costs or other charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter’s balancing, scheduling and/or nomination requirements based on such Transporter’s FERC Gas Tariff.

Imbalance Charges has the meaning given such term in Section V.E. of Appendix 1.

Imbalance Charges means all penalties, fees, assessments, or other costs or charges assessed or imposed by (i) a transmission provider or a Balancing Authority Area operator for failure to satisfy applicable requirements for the balancing of electric energy receipts and deliveries or loads and generation, including, without limitation, all charges, compensation or settlements pursuant to an applicable tariff or rate schedule or a Balancing Authority’s or transmission provider’s balance or rate schedule requirements and all amounts payable by Seller pursuant to a generator imbalance agreement (or similar agreement) relating to the resource, or (ii) a transporter for failure to satisfy the transporter’s balance and/or nomination requirements, including, without limitation, all charges, compensation or settlements pursuant to an applicable tariff or rate schedule or the transporter’s balance and/or nomination requirements.

Imbalance Charges means any penalties, fees or charges assessed by a Transmission Operator or Transmission Provider for failure to satisfy requirements for balancing of Energy receipts and deliveries or loads and generation, or payable to any other Person in connection with the delivery of Energy in an amount(s) different from the amount(s) scheduled.