Quarterly Netting Statement definition

Quarterly Netting Statement means a statement, with respect to a Quarterly Payment Cycle, prepared by the IPA that includes the Maximum Allowable Payment that can be made as of the issuance date of the Quarterly Netting Statement by Buyer to Seller under this Agreement associated with such Quarterly Payment Cycle.
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Quarterly Netting Statement means a statement, with respect to a Quarterly Payment Cycle, prepared by the IPA that includes the Maximum Allowable Payment that can be made as of the 3 For avoidance of doubt, the Price Adder related to the Community Solar Subscription Mix is applied only to the Non- Anchor Tenant Contract Price component of the Contract Price calculation, and the Price Adder related to a 100% Low-Income Subscriber Owned Project is applied to the overall Contract Price. issuance date of the Quarterly Netting Statement by Buyer to Seller under this Agreement associated with such Quarterly Payment Cycle.
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Examples of Quarterly Netting Statement in a sentence

  • For avoidance of doubt, the Deferred Payment Amount, with respect to an invoice, shall be the amount equal to the multiplicative product of (x) the [ComEd/AIC/MEC] ABP Deferral Percentage applicable to that Invoicing Month and (y) the result obtained by subtracting (1) the sum of: cumulative payments previously made under this Agreement and any prior Deferred Payment Amounts from (2) the Maximum Allowable Payment specified in such latest Quarterly Netting Statement.

  • This payment adjustment will be reflected in the Quarterly Netting Statement issued by the IPA on September 1, 2021 and can be included in Seller's invoice due September 10, 2021.

  • If the Quarterly Netting Statement includes a Designated System that is a Community Renewable Energy Generation Project, then the Quarterly Netting Statement shall also include information related to any payment adjustments pursuant to Section 2.6.

  • For avoidance of doubt, the Reduced Invoice Amount, with respect to an invoice, shall be the amount equal to the difference between (xx) the sum of the Deferred Payment Amount in the invoice and any prior Deferred Payment Amounts and (yy) the result obtained by subtracting the cumulative payments previously made under this Agreement from the Maximum Allowable Payment specified in such latest Quarterly Netting Statement.

  • An example of the Quarterly Netting Statement calculations is provided in Exhibit F-4.

  • Each invoice, with respect to a Quarterly Payment Cycle, shall include: (a) the invoice amount, (b) the cumulative amount previously invoiced by Seller under such Quarterly Payment Cycle, (c) the Maximum Allowable Payment indicated in the most recent Quarterly Netting Statement for such Quarterly Payment Cycle and (d) the applicable PJM-EIS GATS and/or M-RETS Unit IDs of Designated Systems that have been Energized.

  • All Seller’s invoices must be accompanied by the latest Quarterly Netting Statement issued to Seller by the IPA and the Reduced Invoice Amount shall not cause the payment to be made to cumulatively exceed the Maximum Allowable Payment specified in such Quarterly Netting Statement less the sum of Deferred Payment Amounts in the invoice submitted and in any prior invoices.

  • All payment calculations shall be subject to adjustments in accordance with the terms of this Agreement, including (without limitation) Section 2.6. 28 An example of the Quarterly Netting Statement calculations is provided in Exhibit F-4.

  • Each invoice, with respect to a Quarterly Payment Cycle, shall include: (a) the invoice amount, (b) the cumulative amount that has been received by Seller under such Quarterly Payment Cycle, (c) the Maximum Allowable Payment indicated in the most recent Quarterly Netting Statement for such Quarterly Payment Cycle and (d) the applicable PJM-EIS GATS and/or M-RETS Unit IDs of Designated Systems that have been Energized.

  • Each invoice, with respect to a Quarterly Payment Cycle, shall include: (a) the invoice amount, (b) the cumulative amount previously invoiced by Seller under such Quarterly Payment Cycle, (c) the Maximum Allowable Payment indicated in the most recent Quarterly Netting Statement for such Quarterly Payment Cycle, (d) the applicable PJM-EIS GATS and/or M-RETS Unit IDs of Designated Systems that have been Energized and (e) any unpaid amounts owed to Buyer by Seller as of the date of the invoice.

Related to Quarterly Netting Statement

  • Operating Statement shall have the meaning set forth in Section 27.1 hereof.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Listing Statement means the listing statement of the Acquiror in accordance with requirements of the CSE in respect of the Transaction;

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Annual Statement means that statement required by Iowa Code section 508.11 to be filed annually by the company with the office of the commissioner.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Billing Statement means the billing statement for your Account.

  • Quarterly reporting period means the three-month period covered by each

  • NAIC Annual Statement is defined in Section 6.2(a).

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • Root Cause Analysis Report means a report addressing a problem or non-conformance, in order to get to the ‘root cause’ of the problem, which thereby assists in correcting or eliminating the cause, and prevent the problem from recurring.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Quarterly Report means Servicer’s report to me that includes, among other information, the results of the IRG’s Compliance Reviews for the calendar quarter covered by the report, as required by Paragraph D.1 of Exhibit E;

  • Monthly Reporting Period The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of:

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Pre-Contractual Statement means a draft agreement, undertaking, representation, warranty, promise, assurance or arrangement of any nature whatsoever, whether or not in writing, relating to this Agreement made or given by a Party to this Agreement or any other person at any time prior to the date of this Agreement.

  • Quarterly Financial Statements is defined in Section 6.2(a).