Availability Payment Sample Clauses

Availability Payment. Eq. 2 sets out the calculation for the Availability Payment ($) applicable to month “m”.
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Availability Payment. Eq. 2 sets out the calculation for the Availability Payment ($) applicable to month “m”. APm = APLCO + APLRO (2) Where APLCO is the Availability Payment associated with the Local Capacity Obligation as set out in Eq. 3 APLRO is the Availability Payment associated with the Local Reserve Obligation as set out in Eq. 4 Eq. 3 sets out the calculation for the Availability Payment ($) applicable to month “m” associated with the Local Capacity Obligation. n APLCO = LCO × � max(CACPLCO, RG) h=1 (3) Where is the Local Capacity Obligation (kW) for the Contracted DER for the Commitment Period CACPLCO is the hourly capacity clearing price ($/kW-hour), which is calculated by dividing the Local Capacity Clearing Price ($/kW-day) determined in the Local Capacity Auction (as described in Section 5 of the Rules) by the number of hours in an Availability Window in one Business Day RG is the hourly revenue guarantee ($/kW-hour), which is calculated by dividing the Revenue Guarantee, as such term in defined in Exhibit A – Defined Terms, by the number of hours in an Availability Window in one Business Day is the number of hours of the Availability Window in one Business Day multiplied by the number of Business days in month “m” is an hour within the Availability Windows in month “m” Eq. 4 sets out the calculation for the Availability Payment ($) applicable to month “m” for Contracted DERs with a Local Reserve Obligation.
Sample 1
Availability Payment. 3.1 Subject to the terms of this Agreement, the Lender shall make the Loan available to the Borrower up to and including 31 August 2003 (the “Availability Period”). 3.2 The principal of the Loan shall be repaid in full on the Maturity Date. 3.3 The Borrower shall pay interest on the outstanding principal amount of the Loan for each respective Interest Period. Interest shall be paid in arrears, on the last Business Day of each Interest Period at the Interest Rate. 3.4 Calculation of interest shall be made by the Lender on the basis of a year of three hundred and sixty (360) days for the actual number of days (including the Disbursement Date and including the Maturity Date) before, as well as after, judgement. Each calculation of interest by the Lender shall be conclusive and binding in the absence of manifest error. 3.5 If any amount hereunder is not paid on its due date, interest will immediately accrue on the unpaid amount of the Loan at the Default Rate on a daily basis from the due date to the date of actual payment. Interest so accrued shall be due on demand or in the absence of demand on the last day of the Interest Period in which it accrued and if unpaid shall be compounded on the last day of that and each successive Interest Period. 3.6 Payment of all sums due and owing to the Lender shall be made not later than 11:00 a.m. London time on the day when such payment is due in Dollars, to the Lender’s Account or to any other account as may be designated by the Lender, provided that such other account may be designated by Lender by sending at least ten (10) Business Days’ prior written notice to the Borrower in accordance with Clause 16 (Notice and Communication). The Lender is obliged to maintain at least one Lender’s Account. 3.7 Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or fees, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of the Loan to be made in the next following calendar month, such payment shall be made on the preceding Business Day. 3.8 If the Borrower makes any payment of principal of the Loan on any day other than the Maturity Date (as a result of an acceleration or otherwise), or if the Borrower fails to drawdown the Loan after it has given the Drawdown Notice to th...
Sample 1Sample 2
Availability Payment. The Availability Payment in a Settlement Period is determined as follows: Availability Payment = ∑t∈TI AP x MSQ where: AP is the Availability Price for the relevant Trading Interval (being the Availability Price in Schedule 3 converted to $ per MW per Trading Interval); MSQ is the Maximum Service Quantity (in MW) for the relevant Trading Interval; and
Sample 1
Availability Payment. 2.1 There will be an hourly payment of £1.05 per hour for all staff on weekdays and £1.20 per hour weekends and bank holidays. The availability payment is payable for the inconvenience of being contactable and available for work during a given time period. For each on call service there will be an agreed acceptable response and attendance time which will be determined by the needs of the service. 2.2 Start and finish times of sessions will be determined by managers and will be specific to the needs of the service and shift pattern arrangements.
Sample 1
Availability Payment. Availability is on a request and confirmation basis at the time of your reservation. A reservation is only binding once the booking is confirmed by Happy Camper Rentals Limited by email, and a Booking Deposit of £150 has been received. The payment of the Booking Deposit can be made by cheque (except for late bookings as defined below) PayPal, credit or debit card or bank transfer only. Settlement of the remaining balance must be made six weeks prior to the start of the rental period. For late bookings (less than six weeks before the start of the rental period) the full rental price is payable on booking. A Campervan will not be released without full payment being completed. Cheques will not be acceptable for late bookings (less than 2 weeks prior to departure). Any payment will be made in pounds sterling. Although we want you to have your Campervan of choice, we do not offer any guarantee on the make or model of Campervan you will receive. The Campervan that appears on the Order is for guidance only and may be substituted for an alternative or similar Campervan. We may hold two different models of the same Campervan. We cannot guarantee which model you may receive before you collect the Campervan. We reserve the right to provide you with a suitable comparable or superior alternative, without notice, upon collection. If you are dissatisfied with the standard of the Campervan you must advise us immediately. If a substitute is not available upon collection, we will be responsible for a full refund of monies received by us as soon as possible and in any event within 30 Business Days of us informing you that we cannot fulfil your order. We will use reasonable endeavours to insure that such notification will be within a reasonable time before collection.
Sample 1
Availability Payment. 1.1 Gross Availability payment (GAP)
Sample 1
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Availability Payment. The Availability Payment for the Service in a Settlement Period is determined as follows: where: ( AP ) x MSQ AP is the Availability Price for the relevant Dispatch Interval (in $ per MW per Trading Day); N is the number of Dispatch Intervals in the Service Period in a Trading Day (including Dispatch Intervals when the Service is taken to be Unavailable); MSQ is the Maximum Service Quantity in MW; and
Sample 1

Related to Availability Payment

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • FUNDS AVAILABILITY POLICY This policy statement applies to all accounts. Our policy is to make funds from your cash and check deposits available to you on the same day we receive your deposit. At that time, you can withdraw the funds in cash, and we will use the funds to pay checks you have written. Please remember even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit. For determining the availability of your deposits, every day is a business day except Saturdays, Sundays and Federal holidays. If you make a deposit before closing on a business day we are open, we will consider that day to be the day of your deposit; however, if you make a deposit after closing or on a day we are not open we will consider the deposit was made on the next business day we are open. If we cash a check for you drawn on another financial institution, we may withhold the availability of a corresponding amount of funds already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it. If we accept for deposit a check drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would not be available for withdrawal until the time periods described elsewhere in this disclosure for the type of check you deposited. If we are not going to make all of the funds from your deposit available on the same day we receive your deposit, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees or if we decide to take this action after you have left the premises, we will mail you the notice no later than the day after we received your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.  We believe a check you deposit will not be paid.  You deposit checks totaling more than $5,000 on any one day.  You redeposit a check that has been returned unpaid.  You have overdrawn your account repeatedly in the last six months.  There is an emergency, such as failure of computer or communications equipment. We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available.  0000 X Xxxxxx Xx – Alpena, MI 49707  1013 US 00 X – Xxxxxx, XX 00000  0000 X Xxxxxxxx Xx – Alpena, MI 49707 (Withdrawals only, located inside Alpena Regional Medical Center)  12285 Jerome St – Atlanta, MI 49709  000 X Xxxxxx Xx – Xxxxxxx, XX 00000  000 X Xxxxx Xx – Xxxxxx, XX 00000  11610 US 23 S – Ossineke, MI 49766  118 X X‐55 – Tawas City, MI 48764 You may only make deposits to ATMs located in the State of Michigan.

  • Funds Availability For determining the availability of your deposits, every day is a business day except Saturdays, Sundays, federal holidays and legal banking holidays in the State of Utah.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including October 17, 2016, $13,000,000, (iii) as of any date of determination during the period from October 18, 2016 through and including October 31, 2016, $17,500,000, and (iv) as of any date of determination during the period from November 1, 2016 through and including December 31, 2016, $20,000,000.

  • Availability Period The line of credit is available between the date of this Agreement and April 30, 2012, or such earlier date as the availability may terminate as provided in this Agreement (the “Facility No. 1 Expiration Date”).

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Monthly Disbursements On or before the fifth (5th) day of each calendar month, during the design and construction of the Tenant Improvements (or such other date as Landlord may designate), Tenant shall deliver to Landlord: (i) a request for reimbursement of amounts paid to the “Contractor,” as that term is defined in Section 4.1.1 of this Tenant Work Letter, approved by Tenant, in a commercially reasonable form to be provided by Landlord, showing the schedule, by trade, of percentage of completion of the Tenant Improvements in the Premises, detailing the portion of the work completed and the portion not completed; (ii) invoices from all of “Tenant’s Agents,” as that term is defined in Section 4.1.2 of this Tenant Work Letter, for labor rendered and materials for the Premises; (iii) executed mechanic’s lien releases, as applicable, from all of Tenant’s Agents which shall comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil Code Section 3262(d); and (iv) all other information reasonably requested by Landlord. Tenant’s request for payment shall be deemed Tenant’s acceptance and approval of the work furnished and/or the materials supplied as set forth in Tenant’s payment request. Within forty-five (45) days thereafter, Landlord shall deliver a check to Tenant made payable to Tenant in payment of the lesser of: (A) the amounts so requested by “tenant as set forth in this Section 2.2.3.1, above (or, subject to the terms of Section 4.2.1, below, a percentage thereof), and (B) the balance of any remaining available portion of the Tenant Improvement Allowance, provided that Landlord does not dispute any request for payment based on non-compliance of any work with the “Approved Working Drawings,” as that term is defined in Section 3.5 below, or due to any substandard work. Landlord’s payment of such amounts shall not be deemed Landlord’s approval or acceptance of the work furnished or materials supplied as set forth in Tenant’s payment request.

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