Price Setting Round Commitment Point definition

Price Setting Round Commitment Point has the meaning given to it in the Framework Agreement. Query any type of question posed by the Customer to the Supplier, including a request for information or clarification about any of the Supplier's obligations under this Agreement, and includes a General Query and an Invoicing Query.
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Price Setting Round Commitment Point has the meaning given to it in Paragraph 3.1 of Schedule 3. Process has the meaning given to it under the Data Protection Legislation but, for the purposes of this Framework Agreement, it shall include both manual and automatic processing and references to “Processing” shall be construed accordingly. Prospective Customer any person entitled to call-off a Customer Contract pursuant to this Framework Agreement. Purchase Shape in respect of a Price Setting Round, the estimated aggregated demand for Gas Products (as determined by the Supplier based on the Approved Customer Site Specific Information) required to supply the Supply Points of the Committed Customers (as set out in the Site List) for each Month of the relevant Supply Year, broken down into daily levels of demand. Quarter a three (3) Month period beginning on 1st January, 1st April, 1st July or 1st October. The term “Quarterly” shall be construed accordingly. Query has the meaning given to it in the Model Customer Contract.
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Price Setting Round Commitment Point has the meaning given to it in Paragraph 5 of Schedule 3. Process has the meaning given to it under the Data Protection Legislation but, for the purposes of this Framework Agreement, it shall include both manual and automatic processing and references to “Processing” shall be construed accordingly. Prospective Customer any person entitled to call-off a Customer Contract pursuant to this Framework Agreement. Purchase Shape in respect of a Price Setting Round, the estimated aggregated demand for Electricity Products (as determined by the Supplier based on the Approved Customer Site Specific Information) required to supply the Supply Points of the Committed Customers (as set out in the Site List) for each Month of the relevant Supply Year, broken down into daily levels of demand. Reasonable and Prudent Operator a person seeking in good faith to perform its contractual obligations in compliance with applicable laws and, in so doing and in the general conduct of its undertaking, exercising that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances and conditions, and any references to the standard of a Reasonable and Prudent Operator shall be construed accordingly; Recovery Time the period agreed between the Parties from time to time (or, in the absence of any such agreement, determined by the Authority acting reasonably) for restoration of infrastructure components. Registered for any particular Electricity Supplier (including the Supplier) and in respect of any particular Supply Point, the registration of that Electricity Supplier as responsible for supplies to that Supply Point in accordance with the relevant Industry Documents, and the expressions "Register" and “Registrant” shall be construed accordingly. XXXX a renewable energy guarantee of origin issued by the Benefits Authority in accordance with the XXXX Regulations. XXXX Regulations the Electricity (Guarantees of Origin of Electricity Produced from Renewable Energy Sources) Regulations 2003. Regulations the Public Contracts Regulations 2006. Relevant Change the repeal, amendment, making or change in the judicial or administrative interpretation of any applicable Law or the change or introduction of any condition attaching to any consent or the directive of a Competent Authority, in every such event after the Commencement Date; or a chang...
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Examples of Price Setting Round Commitment Point in a sentence

  • Customer Demand Aggregation As soon as reasonably practicable and, in any event, within thirty (30) Working Days following a Price Setting Round Commitment Point for a particular Gas Product, the Authority shall provide the Supplier with a Site List for the relevant Committed Customers.

  • The Supplier uses the Customer Site Specific Information it holds (or obtains from Xoserve) for the Supply Points specified in the Site List to create a Purchase Shape before each Price Setting Round Commitment Point and provides a copy of it to the Authority.

  • In respect of each Price Setting Round, the Authority provides the Supplier with a Site List prior to the relevant Price Setting Round Commitment Point.

  • If the Customer adds a Supply Point after the Price Setting Round Commitment Point in respect of the relevant Supply Year, then the Customer shall pay the Supplier the Interim Price in respect of Interim Supply to such Supply Points during the Interim Supply Period, including any discount equivalent to those offered by the Supplier to the Customer under Clause 8.

  • Historic Demand in relation to: (i) the First Price Setting Round, the volume of natural gas supplied to the relevant Meter as determined by reference to the invoiced volume of natural gas in respect of a period of a Year ending on the six (6) Month Price Setting Round Commitment Point for the First Price Setting Round; and (ii) subsequent Price Setting Rounds, the volume of Gas Products supplied by the Supplier to the relevant Meter in the previous Price Setting Round in the relevant Supply Year.

Related to Price Setting Round Commitment Point

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Revolving Commitment means the aggregate amount of the Revolving Commitments of all of the Lenders, as reduced or increased from time to time pursuant to the terms and conditions hereof. As of the Effective Date, the Aggregate Revolving Commitment is $200,000,000.

  • Uncommitted Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Adjusted Total Revolving Credit Commitment means at any time the Total Revolving Credit Commitment less the aggregate Revolving Credit Commitments of all Defaulting Lenders.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Available Commitment means a Lender’s Commitment minus:

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Purchase Commitment means a written commitment, in form and substance satisfactory to Lender, issued in favor of Borrower by an Investor under which that Investor commits to purchase Mortgage Loans or Mortgage-backed Securities.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Revolving Credit Commitment Amount means with respect to any Revolving Credit Lender, (i) if the Revolving Credit Aggregate Commitment has not been terminated, the amount specified opposite such Revolving Credit Lender’s name in the column entitled “Revolving Credit Commitment Amount” on Schedule 1.2, as adjusted from time to time in accordance with the terms hereof; and (ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding Swing Line Advances).

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Swing Line Loan Commitment Amount means, on any date, $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.