A New Unit Adjustment Sample Clauses

A New Unit Adjustment. Factor for a New Unit shall be determined to assign the effects of the New Unit on NEPOOL Objective Capability to those Participants with Entitlements in the New Unit. The New Unit Adjustment Factor for each New Unit for each month shall be determined by the System Operator under the direction of the Participants Committee in accordance with the following formula: n = R(K1(c-C) + K2(f-F) + K3(m-M) + K4(d-D) + K5(f-F)c2) As used in this Section 12.2(a)(2), the symbols used in the formula have the following meanings: R is the phase out factor as defined in Section 12.2(a)(1) above. n is the New Unit Adjustment Factor, expressed as a fraction, for the month for a New Unit. c is the Winter Capability of the New Unit.
Sample 1Sample 2
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A New Unit Adjustment. Factor for a New Unit shall be determined to assign the effects of the New Unit on NEPOOL Objective Capability to those Participants with Entitlements in the New Unit. The New Unit Adjustment Factor for each New Unit for each month shall be determined by the Regional Market Operations Committee in accordance with the following formula: n = R(K1(c-C) + K2(f-F) + K3(m-M) + K4(d-D) + K5(f-F)c2) As used in this Section 12.2(a)(2), the symbols used in the formula have the following meanings: R is the phase out factor as defined in Section 12.2(a)(1) above. n is the New Unit Adjustment Factor, expressed as a fraction, for the month for a New Unit. c is the Winter Capability of the New Unit. C is the Winter Capability of the Proxy Unit, which shall be the number of Kilowatts, as determined by the Management Committee, which would result in the NEPOOL Objective Capability being approximately the same if the generating units in which the Participants have Installed Capability Entitlements were all units possessing Proxy Unit characteristics.
Sample 1
A New Unit Adjustment. Factor for a New Unit shall be determined to assign the effects of the New Unit on NEPOOL Objective Capability to those Participants with Entitlements in the New Unit. (As used in this Section, "New Unit" has the meaning specified for that term in Section 15.27A of the Prior NEPOOL Agreement.) The New Unit Adjustment Factor for each New Unit for each month shall be determined by the Regional Market Operations Committee in accordance with the following formula: n = R(K{1}(c-C) + K{2}(f-F) + K{3}(m-M) + K{4}(d-D) + K{5}(f-F)c{2}) As used in this Section 12.2(a)(2), the symbols used in the formula have the following meanings: R is the phase out factor as defined in Section 12.2(a)(1) above. n is the New Unit Adjustment Factor, expressed as a fraction, for the month for a New Unit. c is the Winter Capability of the New Unit.
Sample 1
A New Unit Adjustment. Factor for a New Unit shall be determined to assign the effects of the New Unit on NEPOOL Issued by: David T. Doot Effective: March 1, 2000 Xxxxxx xx: December 30, 1999 67269.43 New England Power Pool FERC Electric Rate Schedule No. 5, Original Revised Sheet No. 151 Objective Capability to those Participants with Entitlements in the New Unit. The New Unit Adjustment Factor for each New Unit for each month shall be determined by the System Operator under the direction of the Participants Committee in accordance with the following formula: n = R(K1(c-C) + K2(f-F) + K3(m-M) + K4(d-D) + K5(f-F)c2) As used in this Section 12.2(a)(2), the symbols used in the formula have the following meanings: R is the phase out factor as defined in Section 12.2(a)(1) above. n is the New Unit Adjustment Factor, expressed as a fraction, for the month for a New Unit. c is the Winter Capability of the New Unit. Issued by: David T. Doot Effective: March 1, 2000 Xxxxxx xx: December 30, 1999 67269.43 New England Power Pool FERC Electric Rate Schedule No. 5, Original Revised Sheet No. 152 C is the Winter Capability of the Proxy Unit, which shall be the number of Kilowatts, as determined by the Participants Committee, which would result in the NEPOOL Objective Capability being approximately the same if the generating units in which the Participants have Installed Capability Entitlements were all units possessing Proxy Unit characteristics.
Sample 1
A New Unit Adjustment. Factor for a New Unit shall be determined to assign the effects of the New Unit on NEPOOL Objective Capability to those Participants with Entitlements in the New Unit. The New Unit Adjustment Factor for each New Unit for each month shall be determined by the System Operator under the direction of the Participants Committee in accordance with the following formula: n = R(K 1(c-C) + K 2(f-F) + K 3(m-M) + K 4(d-D) + K 5(f-F)c 2) As used in this Section 12.2(a)(2), the symbols used in the formula have the following meanings: Ris the phase out factor as defined in Section 12.2(a)(1) above. nis the New Unit Adjustment Factor, expressed as a fraction, for the month for a New Unit. cis the Winter Capability of the New Unit. Cis the Winter Capability of the Proxy Unit, which shall be the number of Kilowatts, as determined by the Participants Committee, which would result in the NEPOOL Objective Capability being approximately the same if the generating units in which the Participants have Installed Capability Entitlements were all units possessing Proxy Unit characteristics. fis the equivalent forced outage rate of the New Unit, expressed as a fraction of a year, utilized in the determination by the Participants Committee of NEPOOL Objective Capability for the month. Fis the equivalent forced outage rate of the Proxy Unit. F, a fraction, shall be the weighted average equivalent forced outage rate (using the Winter Capability of each generating unit for such weighting) of the generating units in which the Participants have Installed Capability Entitlements, adjusted to compensate for the rounding of the annual maintenance outage requirement of the Proxy Unit. mis the four-year average annual maintenance outage requirement of the New Unit, expressed as a fraction of a year. The data used to determine m shall include the annual maintenance outage requirements for the current Power Year and the next three Power Years, as utilized for the New Unit in the most recent determination by the Participants Committee of NEPOOL Objective Capability pursuant to Section 7. Mis the annual maintenance outage requirement of the Proxy Unit. M shall be a fraction, the numerator of which shall be the number of weeks (rounded to the nearest full number) that most closely approximates the weighted four-year average annual maintenance outage requirement (using the Winter Capability of each generating unit for such weighting) for the generating units in which the Participants have Installed ...
Sample 1
A New Unit Adjustment. Factor for a New Unit shall be determined to assign the effects of the New Unit on NEPOOL Objective Capability to those Participants with Entitlements in the New Unit. The New Unit Adjustment Factor for each New Unit for each month shall be determined by the Regional Market Operations Committee in accordance with the following formula: n = R(K{1}(c-C) + K{2}(f-F) + K{3}(m-M) + K{4}(d-D) + As used in this Section 12.2(a)(2), the symbols used in the formula have the following meanings:
Sample 1

Related to A New Unit Adjustment

  • CPI Adjustment The fixed fees and other fees expressed as stated dollar amounts in this schedule and in the Agreement shall be increased annually commencing on the one-year anniversary date of the Effective Date by the percentage increase since the Effective Date in consumer prices for services as measured by the United States Consumer Price Index entitled "All Services Less Rent of Shelter" or a similar index should such index no longer be published.

  • Stock Adjustments In the event that during the term of the pledge any stock dividend, reclassification, readjustment or other changes are declared or made in the capital structure of Pledgee, all new, substituted and additional shares or other securities issued by reason of any such change shall be delivered to and held by the Pledgee under the terms of this Security Agreement in the same manner as the Shares originally pledged hereunder. In the event of substitution of such securities, Pledgor, Pledgee and Pledgeholder shall cooperate and execute such documents as are reasonable so as to provide for the substitution of such Collateral and, upon such substitution, references to "Shares" in this Security Agreement shall include the substituted shares of capital stock of Pledgor as a result thereof.

  • Tax Adjustment During each Lease Year commencing with the Lease -------------- Year 1998, Tenant shall pay, as Additional Charges, an amount (hereinafter referred to as the "TAX ADJUSTMENT AMOUNT") equal to Tenant's Share of the excess of Taxes for each such Lease Year over the amount of Taxes for the Base Year; except that Tenant shall be required to pay only a pro rata amount of the Tax Adjustment Amount for the Lease Year in which the last days of the Term occur, pro rated on a per diem basis. The Tax Adjustment Amount with respect to each Lease Year shall be paid in monthly installments in advance on the first day of each and every calendar month during such Lease Year, commencing January 1, 1998, in an amount estimated from time to time by Landlord and communicated by written notice to Tenant. As soon as practicable following the close of the 1998 and subsequent Lease Years, and receipt of actual tax bills, Landlord shall deliver to Tenant a statement setting forth (a) the actual Tax Adjustment Amount for such Lease Year; (b) the total of the estimated monthly installments of the Tax Adjustment Amount paid to Landlord for such Lease Year; and (c) the amount of any excess or deficiency with respect to such Lease Year. Tenant shall pay any deficiency to Landlord as shown by such statement within thirty (30) days after receipt of such statement. If the total of the estimated monthly installments paid by Tenant during any Lease Year exceeds the actual Tax Adjustment Amount due from Tenant for such Lease Year, at Landlord's option such excess shall be either credited against payments next due hereunder or refunded by Landlord, provided Tenant is not then in default hereunder.

  • Year-End Adjustment If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund or Funds with respect to the previous fiscal year shall equal the Excess Amount.

  • Salary Adjustment The Executive's Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly situated employees and may be adjusted in the sole discretion of the Company.

  • Audit Adjustment If any audit of the records, books or accounts relating to the Properties discloses an overpayment or underpayment of Management Fees, Owner or Manager shall promptly pay to the other party the amount of such overpayment or underpayment, as the case may be. If such audit discloses an overpayment of Management Fees for any fiscal year of more than the correct Management Fees for such fiscal year, Manager shall bear the cost of such audit.

  • Section 754 Adjustment To the extent an adjustment to the adjusted tax basis of any Partnership asset pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Regulations Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Holder in complete liquidation of his interest in the Partnership, the amount of such adjustment to the Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Holders in accordance with their interests in the Partnership in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Holders to whom such distribution was made in the event that Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Proportional Adjustment In the event the Corporation shall at any time after the issuance of any share or shares of Series A Participating Preferred Stock (i) declare any dividend on Common Stock of the Corporation ("COMMON STOCK") payable in shares of Common Stock, (ii) subdivide the outstanding Common Stock or (iii) combine the outstanding Common Stock into a smaller number of shares, then in each such case the Corporation shall simultaneously effect a proportional adjustment to the number of outstanding shares of Series A Participating Preferred Stock.

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