Balancing. Full load hours for combined assignments other than those specified above shall be determined by the following formula: Hours of assignment, Type 1 + Hours of assignment, Type 2 + Hours of assignment, Type 3 = 1 Full load for assignment Full load for assignment Full load for assignment Type 1 Type 2 Type 3 Underload shall be balanced within the following three (3) regular semesters if possible. The faculty member may, at the member’s option, use load from summer sessions to balance an underload. To balance the underload, a unit member may be assigned to no more than two colleges, unless the unit member agrees to other arrangements. The maximum required assignment shall be 1.25 FTE per semester until the underload is eliminated.
Balancing. It is recognized that teachers are responsible for managing and accounting for their own hours of work and that they may work hours in excess of the normal work day and/or payroll period. In these instances and with supervisory approval, teachers may balance hours of work in subsequent work days and/or payroll periods, provided such time management system does not result in overtime payment or guarantee hour-for-hour time off for extra hours worked. Please refer to the Glossary for examples of situations appropriate for balancing.
Balancing. Gatherer will maintain records of any Daily and Monthly variances (“Imbalances”) between the volume of Dedicated Gas received at the Receipt Points and the volumes of Delivery Point Gas, plus Lost and Unaccounted for Gas, Fuel, and Condensate allocated to Shipper. Shipper shall make such changes in its nominations as Gatherer may from time to time reasonably request to maintain Daily and Monthly balances or to correct an Imbalance. Shipper shall reimburse Gatherer for any cost, penalty, or fee arising from any Imbalance assessed against Gatherer by any Person receiving Dedicated Production downstream of the Delivery Points, except to the extent such Imbalance was caused by Gatherer. Upon the termination of this Agreement or at such other time as the Parties agree the Parties shall cash out any cumulative Imbalance using the applicable Index Price for the prior Month.
Balancing. 2.12.1 Prior to transmission of the A/R file, Vendor will employ the following control procedures:
2.12.1.1 the file is complete, accurate and formatted as specified in the business and system requirements provided by Prudential.
2.12.1.2 the file balances to the ICL.
2.12.1.3 the file transfer total amounts (record counts and amounts) equal the sum of all batch trailer total amounts (record counts and amounts).
2.12.1.4 the batch trailer total amounts (record counts and amounts) equal sum of all records counts and Remittance amounts in the batch.
2.12.1.5 the file does not contain duplicate records or batches from the same or previous day.
2.12.1.6 the file is not a duplicate of a previously transmitted file.
Balancing. Any monthly imbalance between nominations and actuals shall be accounted for and administered in accordance with the following Terms and Conditions: Gatherer and Shipper intend that the quantities of Gas actually delivered and received each Day under the Agreement will equal the confirmed nominations. Any difference between the aggregate quantity of Gas nominated and the aggregate quantity of Gas actually delivered on any given Day shall constitute the “Daily Operational Imbalance”. During any given month, operational metered quantities (MMBtu’s) shall be used by Gatherer on a daily basis, as available, to determine the Daily Operational Imbalance, if any, for any given Day. Upon notification by Gatherer, Shipper shall promptly make, or cause to be made, such physical flow adjustments as may be necessary in order to prevent, reduce, or eliminate any Daily Operational Imbalance. The sum of the Daily Operational Imbalances for each Day in a given Month shall constitute the “Monthly Operational Imbalance” for such Month. The actual Monthly Operational Imbalance shall be communicated by Gatherer to Shipper in writing as soon as possible, but in no case later than the twentieth (20th) Day of the Month following the Month in which the Monthly Operational Imbalance occurred. Deliveries of Gas to correct actual Monthly Operational Imbalances shall be nominated in the next Month’s nominations and may be made through the normal nomination procedures as set out in the Agreement, as such may be in effect from time to time, or as may otherwise be mutually agreed to by Gatherer and Shipper. Any Monthly Operational Imbalance Gatherer and Shipper have not eliminated by the end of the Month following the Month in which the Monthly Operational Imbalance occurred shall be “cashed-out” as follows:
Balancing. This § 9.6 shall apply only if "Provisions of this Agreement on Balancing Services" are specified as applying in Section A of Part I (Individual Terms):
(a) The Buyer or the Seller, as specified in Section A of Part I (Individual Terms), shall provide or shall procure the provision of Balancing Services from a Balance Responsible Party on arm's length commercial market terms, in accordance with Good Industry Practice and all Applicable Law, whereby Balancing Costs shall be settled between the Parties as specified in Section A of Part I (Individual Terms).
(b) The responsibility for the provision or the procurement of the provision of Balancing Services shall remain with the Party specified in Section A of Part I (Individual Terms), and the other Party shall not:
(i) submit any regulating bids to constrain or increase the Metered Output to the Network Operator, or, where the Network Operator is not a transmission system operator, the Transmission System Operator, for the purpose of Balancing;
(ii) provide, or agree to provide, any Ancillary Services, save to the extent such other Party is compelled to do so under Applicable Law and/or Relevant Codes and Rules; or
(iii) constrain, or agree to constrain, the Metered Output of the Facility, save to the extent such other Party is compelled to do so under Applicable Law and/or Relevant Codes and Rules or to the extent necessary in order to avoid or remedy an Emergency.
Balancing. (a) “In Balance” Determination. Advances shall only be made at such times as the Loans are “in balance”. The Loans shall be deemed to be “in balance” only at such times as Administrative Agent determines (i) that (A) amounts available for disbursement under the Loan Documents for Project Costs (including from non-interest contingency items) other than interest on the Loans (determined after deducting the allocated amount of any Defaulting Lender’s Commitment) together with (B) available undisbursed Non-Interest Balancing Deposits, will be sufficient (giving effect to the expected timing of availability) to complete the Facility in accordance with the requirements of this Agreement and pay all Project Costs other than interest on the Loans as and when expected to be incurred through the Outside Facility Substantial Completion Date, (ii) that (A) the amount available for disbursement under the Loan Documents for interest on the Loans (determined after deducting the allocated amount of any Defaulting Lender’s Commitment) together with (B) available undisbursed Interest Balancing Deposits, will be sufficient to pay interest on the Loans through October 15, 2018 (or such earlier date, approved by Administrative Agent, by which Borrower reasonably anticipates the Facility Substantial Completion Date occurring), and (iii) that the amount on deposit in the Facility Lessee Construction Account, or available for deposit from the proceeds of repayment of the Facility Lessee Reverse Loan, the proceeds of the Facility Lessee Loan or funds due from Facility Lessee pursuant to the Facility Lease or the Proton System Supplier under the Proton System Purchase Agreement, will be sufficient to pay all Facility Lessee Project Costs, including amounts due or to be become due under the Proton System Purchase Agreement.
Balancing. 3.1. Seller shall provide Buyer with Balancing Quantities as part of its gas sales and portfolio administration services. Seller and Buyer shall be permitted reasonable balancing tolerances. Imbalances shall be made up in kind as agreed to by the Parties.
Balancing. 7.1 Principles of hourly balancing and matching
Balancing. The provisions on Balancing as defined in the Operational order shall be applied.
