Calculating a Combined M2M Settlement Sample Clauses

Calculating a Combined M2M Settlement.Β The M2M settlement shall be the sum of the real-time redispatch settlement for each M2M Flowgate and M2MPARSettlement for each interval Where: M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; Monitoring RTO payment to Non-Monitoring RTO for congestion on M2M Redispatch Flowgate m for interval i; and Non-Monitoring RTO payment to Monitoring RTO for congestion on M2M Redispatch Flowgate m for interval i. Where: M2M settlement, defined as a payment from the NYISO to PJM when the value is positive, and a payment from PJM to the NYISO when the value is negative for interval i; M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; M2M PAR Settlement across all NY-NJ PARs, defined as a payment from NYISO to PJM when the value is positive, and a payment from PJM to NYISO when the value is negative for interval i. For the purpose of settlements calculations, each interval will be calculated separately and then integrated to an hourly value: Where: M2M settlement for hour h; and n = Number of intervals in hour h.
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Calculating a Combined M2M Settlement.Β The M2M settlement shall be the sum of the real-time redispatch settlement for each M2M Flowgate and M2MPARSettlement for each interval π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– π‘Žπ‘™π‘™ 𝑁F 𝑀2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’π‘  𝑀2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘š = (οΏ½ (π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘šπ‘– βˆ’ π‘π‘œπ‘› π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘šπ‘–)) π‘Žπ‘™π‘™ 𝑃𝐽𝑀 𝑀2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’π‘  𝑀2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘š π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘ = (οΏ½ (π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘ŽοΏ½οΏ½π‘šπ‘’π‘›π‘‘π‘€2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘šπ‘– βˆ’ π‘π‘œπ‘› π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘šπ‘–)) Where: π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; π‘…π‘’οΏ½οΏ½π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†οΏ½οΏ½π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; π‘π‘œπ‘› π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘šπ‘– = Monitoring RTO payment to Non-Monitoring RTO for congestion on M2M Flowgate m for interval i; and π‘€π‘œπ‘›π‘…π‘‡π‘‚ π‘ƒπ‘Žπ‘¦π‘šπ‘’π‘›π‘‘π‘€2𝑀 πΉπ‘™π‘œπ‘€π‘”π‘Žπ‘‘π‘’ π‘šπ‘– = Non-Monitoring RTO payment to Monitoring RTO for congestion on M2M Flowgate m for interval i. 𝑀2𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– βˆ’ π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– + 𝑀2π‘€π‘ƒπ΄π‘…π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘ 𝑖 Where: 𝑀2𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M settlement, defined as a payment from the NYISO to PJM when the value is positive, and a payment from PJM to the NYISO when the value is negative for interval i; π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž π‘π‘Œ π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M NYISO settlement, defined as a payment from PJM to NYISO when the value is positive, and a payment from the NYISO to PJM when the value is negative for interval i; π‘…π‘’π‘‘π‘–π‘ π‘π‘Žπ‘‘π‘β„Ž 𝑃𝐽𝑀 π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M PJM settlement, defined as a payment from NYISO to PJM when the value is positive, and a payment from the PJM to NYISO when the value is negative for interval i; 𝑀2π‘€π‘ƒοΏ½οΏ½π‘…π‘†π‘’π‘‘π‘‘π‘™π‘’π‘šπ‘’π‘›π‘‘π‘– = M2M PAR Settlement across all NY-NJ PARs, defined as a payment from NYISO to PJM when the value is positive, and a payment from PJM to NYISO when the value is negative for interval i. For the purpose of settlements calculations, each interval will be calculated separately and then integ...
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Calculating a Combined M2M Settlement.Β 9 When One of the RTOs Does Not Have Sufficient Redispatch 10 Appropriate Use of the M2M Process
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Calculating a Combined M2M Settlement.Β The M2M settlement shall be the sum of the real-time redispatch settlement for each M2M Flowgate and M2MPARSettlement for each interval β„Ž = (βˆ‘ ( 2 βˆ’ 2 )) β„Ž = (βˆ‘ ( 2 βˆ’
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Related to Calculating a Combined M2M Settlement

  • Gross Settlement Amount Except as otherwise provided by Paragraph 9 below, Defendant promises to pay $750,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 6.1 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 30 days after the Effective Date.

  • Goal Setting a. Defining goals

  • Net Out of Settlement Amounts The Non-Defaulting Party shall calculate a Termination Payment by aggregating all Settlement Amounts due under this Agreement or any other agreement(s) between the Company and the BGS-RSCP Supplier for the provision of BGS Supply into a single amount: by netting out (a) all Settlement Amounts that are due or will become due to the Defaulting Party, plus at the option of the Non-Defaulting Party, any cash or other form of security then available to the Non- Defaulting Party and actually received, liquidated and retained by the Non-Defaulting Party, plus any or all other amounts due to the Defaulting Party under this Agreement or any other agreement(s) between the Company and the BGS-RSCP Supplier for the provision of BGS Supply against (b) all Settlement Amounts that are due or will become due to the Non-Defaulting Party, plus any or all other amounts due to the Non-Defaulting Party under this Agreement or any other agreement(s) between the Company and the BGS- RSCP Supplier for the provision of BGS Supply, so that all such amounts shall be netted out to a single liquidated amount; provided, however, that if the BGS-RSCP Supplier is the Defaulting Party and the Termination Payment is due to the BGS-RSCP Supplier, the Company shall be entitled to retain a commercially reasonable portion of the Termination Payment, which may be equal to the entire amount of the Termination Payment, as security for additional amounts that may be determined to be due and owing by the BGS-RSCP Supplier as Damages and further provided that any previously attached security interest of the Company in such retained amounts shall continue. The Termination Payment shall be due to or due from the Non-Defaulting Party as appropriate. If the Termination Payment has been retained by the Company as security for additional amounts that may be determined to be due and owing by the BGS-RSCP Supplier, and if, upon making a final determination of Damages, the Termination Payment, or any portion thereof, is to be made to the BGS-RSCP Supplier, the Company will pay simple interest on the Termination Payment amount being made to the BGS-RSCP Supplier. Simple interest will be calculated at the lower of the Interest Index or six (6) percent per annum.

  • Settlement Amount If the Non-Defaulting Party has declared an Early Termination Date pursuant to Section 7.2(b), the Non-Defaulting Party shall have the right to (i) accelerate all amounts owing between the Defaulting Party and the Non-Defaulting Party and to liquidate and terminate the undertakings set forth in this Agreement as between the Defaulting Party and the Non-Defaulting Party; and (ii) withhold any payments due to the Defaulting Party under this Agreement pending payment of the Termination Payment. The Non-Defaulting Party will calculate, in a commercially reasonable manner, the Settlement Amount with respect to the Defaulting Party’s obligations under the Agreement and shall net the Settlement Amount in the manner provided for in Section 7.3(c).

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

  • Final Settlement The Parties agree and acknowledge that this Compromise Agreement shall constitute a final settlement between the Parties. This Compromise Agreement resolves only issues addressed in the Compromise Agreement.

  • Amicable Settlement i. Either Party is entitled to raise any claim, dispute or difference of whatever nature arising under, out of or in connection with this Agreement (β€œDispute”) by giving a written notice (Dispute Notice) to the other Party, which shall contain:

  • Qualified Settlement Fund The Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund (β€œQSF”) under US Treasury Regulation section 468B-1.

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