Settlement Unit definition

Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.
Sample 1Sample 2Sample 3
Settlement Unit has the meaning given to that term in the CfD Agreement;
Sample 1Sample 2Sample 3
Settlement Unit means an AP Settlement Unit or a VP Settlement Unit (as applicable);
Sample 1Sample 2Sample 3

Examples of Settlement Unit in a sentence

  • The Renewable Qualifying Multiplier shall, in respect of each Settlement Unit within an RQM Calculation Month, be the amount so calculated by the CfD Counterparty in accordance with the RQM Calculation Methodology.

  • The CHP Qualifying Multiplier shall, in respect of each Settlement Unit, be the amount so calculated by the CfD Counterparty in accordance with the CHPQM Calculation Methodology.

  • The ACT Efficiency Multiplier shall, in respect of each Settlement Unit within an ACT Efficiency Period, be the amount so determined by the CfD Counterparty in accordance with the ACT Efficiency Calculation Methodology.

  • At Fingrid’s assignment, Imbalance Settlement Unit ascertains and invoices the volume of imbalance power used by Balance Responsible Party’s production balance and consumption balance, power transactions made during the delivery hour and reserve energies on the basis of information reported by Fingrid, distribution system operators and other electricity market participants.

  • The application of this Agreement will begin when eSett Oy (hereinafter Imbalance Settlement Unit) will start the implementation of imbalance settlement on behalf of Fingrid; however, not earlier than 1 May 2017.

  • Balance Responsible Party shall deliver to Fingrid and to Imbalance Settlement Unit information in accordance with Appendix 1.

  • In order to implement imbalance settlement, Balance Responsible Party shall conclude a separate imbalance settlement agreement with Imbalance Settlement Unit.

  • At Fingrid’s assignment, Imbalance Settlement Unit maintains the Nordic Imbalance Settlement (NBS) Handbook conforming to these terms and containing procedures that specify the terms of Appendix 1 and a more detailed description of the implementation of imbalance settlement.

  • Fingrid also has the same right, if Balance Responsible Party does not have a valid imbalance settlement agreement with Imbalance Settlement Unit.

  • Imbalance Settlement Unit implements a centralised imbalance settlement in Finland, Sweden and Norway on behalf of the respective transmission system operators.


More Definitions of Settlement Unit

Settlement Unit means each day occurring during the Term after the Start Date, starting at 00:00 and ending at 23:59 on the same day;
Sample 1Sample 2Sample 3
Settlement Unit means each hour period in a day divided into hour-long periods starting at 00:00 on such day. 2 The following Parts and Annexes of the Conditions shall apply to this Contract for Difference:
Sample 1Sample 2
Settlement Unit means the AP Settlement Unit or the VP Settlement Unit (as applicable);
Sample 1Sample 2
Settlement Unit means [each half hour period in a day occurring during the Term after the Start Date and starting at 00.00 on each such day]29;
Sample 1
Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day. 1 Drafting note: Clause to be retained only if specific amendments to any given Contract for Difference are agreed to be made pursuant to Part 3 of The Contract for Difference (Standard Terms) Regulations 2014.
Sample 1

Related to Settlement Unit

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Replacement unit means a landfill, surface impoundment, or waste pile unit (1) from which all or substantially all of the waste is removed, and (2) that is subsequently reused to treat, store, or dispose of hazardous waste. “Replacement unit” does not apply to a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with an approved closure plan or EPA or State approved corrective action.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • apartment unit means any residential dwelling unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Settlement Interval has the meaning set forth in the CAISO Tariff.

  • 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.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Unit Share means a Common Share comprising part of each Unit;

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.