Settlement Periods definition

Settlement Periods means, when specified by the parties in the relevant agreement or Confirmation in conjunction with any Calculation Period relating to a Commodity Reference Price for electricity, (i) if “Hourly” duration is specified, each 60 minute period commencing at the start of an hour; or (ii) if “Half-hourly” duration is specified, each 30 minute period commencing either at the start of an hour or at 30 minutes past the start of an hour; in each case beginning at and including the “Start Time” specified and ending at and including the “End Time” specified, in respect of each day set forth in the relevant Confirmation (each such day, an “Applicable Day”).
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Settlement Periods means such consecutive periods of four weeks as the RSP may determine and notify to the TOC's from time to time;
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Settlement Periods means such consecutive periods of four weeks (or otherwise) as are specified in Part I of Schedule 34 or, as the case may be, as the RSP may determine and notify to the Operators from time to time under Clause 12-30(2) below.
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Examples of Settlement Periods in a sentence

  • Any Eligible Intermittent Resource that is not a Participating Intermittent Resource, or any Participating Intermittent Resource for which Bids are submitted shall be bid and settled as a Generating Unit for the associated Settlement Periods (except that the Forecast Fee shall apply in such Settlement Periods).

  • Responsibility of the Operator for the use of ES is limited to the value of debits of the Balance made by ES during the last 3 Settlement Periods.

  • The Bids shall include information for each of the twenty-four (24) Settlement Periods of the Trading Day.

  • Any Eligible Intermittent Resource that is not a Participating Intermittent Resource, or any Participating Intermittent Resource for which Adjustment Bids or Supplemental Energy bids are submitted, or that fails to meet the scheduling obligations established in the ISO Protocols, shall be scheduled and settled as a Generating Unit for the associated Settlement Periods (except that the Forecasting Fee shall apply in such Settlement Periods).

  • By 6:00 a.m. on the day preceding the Trading Day, each Scheduling Coordinator shall provide to the CAISO a Demand Forecast specified by UDC Service Area for which it will submit a Bid for each of the Settlement Periods of the following Trading Day.

  • Scheduling Coordinators shall be responsible for obtaining all necessary authorizations of Approved Load Profiles from Local Regulatory Authorities having jurisdiction over the use of profiled Meter Data and shall use Approved Load Profiles in any Settlement process in which Load profiles are used to allocate consumption to Settlement Periods.

  • Any Eligible Intermittent Resource that is not a Participating Intermittent Resource, or any Participating Intermittent Resource for which Adjustment Bids or Supplemental Energy bids are submitted shall be scheduled and settled as a Generating Unit for the associated Settlement Periods (except that the Forecasting Fee shall apply in such Settlement Periods).4.8A Compliance with Scheduling and Data Provision Requirements.

  • Where daylight savings time has been enacted the day's Settlement Periods shall be reduced to 46 to account for one less hour in the day.

  • For each Scheduling Coordinator, the charge for the Day-Ahead Market for Energy will be based on the sum, for all Settlement Periods, of the greater of the amount of MWh associated with the Scheduling Coordinator’s Day-Ahead Schedule of Supply or the amount associated with its Day-Ahead Schedule of Demand for each Settlement Period.

  • Column 1 (data and relevant settlement periods) specifies the data which is to be made available and (where relevant) the half hour(s) or Settlement Period(s) in any day or week to which the data relates.


More Definitions of Settlement Periods

Settlement Periods. With respect to each Settlement Date means the period from (but excluding) the immediately preceding Settlement Date (or, in the case of the first Settlement Date, from and including the Effective Date) to (and including) such Settlement Date (or, in the case of the last Settlement Date, to and including the Termination Date).
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Related to Settlement Periods

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Payment Period means the three months following each Collection Quarter.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.