Cross Product Payment Netting Sample Clauses

Cross Product Payment Netting. If the Parties have elected to make § 13.3 operative via their Election Sheet, payments in relation to Individual Contracts for Natural Gas shall continue to be netted one against the other and payments in relation to TVB Transactions shall 4. Aceptación Mayor: Si, con respecto a una Unidad de Tiempo y una Transacción TVB, la Cantidad Entregada supera la Cantidad Contractual a causa del incumplimiento del Comprador, el Comprador pagará al Vendedor una cantidad (si positiva) igual a: (a) la diferencia entre el Precio de Desbalance Negativo y el Precio Contractual, (b) multiplicada por la Cantidad Incumplida.” 5.2. A efectos de las Transacciones TVB, la Tolerancia será cero. 6. Gas Fuera de Especificaciones A efectos de las Transacciones TVB, § 8a (Gas Fuera de Especificaciones) no será de aplicación. 7. Facturación y Pago. A los fines de las Transacciones TVB, el § 13 del Acuerdo General se modifica por la presente mediante: (i) la eliminación de la última xxxxx del § 13.1 (Factura) que comienza: "Facturación de las Xxxxxx vencidas" y termina "en los Contratos Individuales"; (ii) la eliminación de las palabras en la primera xxxxx del § 13.2 (Pago) comenzando: "En o antes de lo que ocurra más tarde" ... hasta e incluyendo las palabras: "después de recibir una factura (la" Fecha de Vencimiento " ), a ”y la adición de las palabras en § 13.2 como se establece a continuación; y (iii) la adición de la siguiente nueva § 13.3.1 (Compensación de Pago entre Productos); como sigue: “13.2 Pago. Los pagos adeudados en relación con las Transacciones TVB se realizarán de acuerdo con el Ciclo de Pago A o el Ciclo de Pago B (cada uno, un "Ciclo de Pago"), según se especifica en la Parte II de este Apéndice de TVB, de la siguiente manera: A. Ciclo de Pago A: "En o antes de que ocurra más tarde, de (a) el vigésimo (20º) día del mes natural o, si no es un Día Hábil, el Día Hábil inmediatamente siguiente o (b) el décimo (10º) Día Hábil siguiente al recibo de una factura (la "Fecha de Vencimiento")"; o B. Ciclo de Pago B: “En o antes del décimo (10º) Día Hábil posterior al que ocurra más tarde de (a) la Fecha de Entrega o (b) después de recibir una factura (la “Fecha de Vencimiento”) ". En el caso de que las Partes no designen un Ciclo de Pago como aplicable, se aplicará el Ciclo de Pago B. 13.3.1
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Cross Product Payment Netting. [ ] Payments due in relation to Individual Contracts in respect of Natural Gas shall be netted against payments due in relation to TVB Transactions. § 13.3.1 Compensación de Pago entre Productos: [ ] Pagos adeudados en relación con Contratos Individuales de Gas Natural se compensará con los pagos adeudados en relación con las Transacciones TVB. This TVB Appendix is entered into in two languages: English and Spanish. In the event of any dispute relating to the interpretation thereof, the English version shall prevail. Este Apéndice TVB se acuerda en dos idiomas: inglés y español. En caso de cualquier conflicto relativo a la interpretación de los mismos, la versión en inglés prevalecerá. To be executed by Parties that checked and completed the box in the first page hereof: Para ser firmado por las Partes que hayan seleccionado y completado la casilla de la primera página del presente documento: IN WITNESS whereof this TVB Appendix has been duly executed by the duly authorized representative(s) of each Party on the respective dates set out below with effect from the TVB Appendix Effective Date. EN XX XX XX CUAL este Apéndice TVB ha sido debidamente suscrito por el representante debidamente autorizado (s) de cada Parte, en las fechas correspondientes que figuran a continuación, con efectos a partir de la Fecha de Eficacia del Apéndice TVB. [Name of Party] [Name of Party] [Nombre de la Parte] [Nombre de la Parte] [Name of Signatory/ies] [Name of Signatory/ies] [Nombre del Firmante/s] [Nombre del Firmante/s] [Name of Signatory/ies] [Title of Signatory/ies] [Cargo del Firmante/s] [Cargo del Firmante/s] EFET Version 1.0/ 29 May, 2020 European Federation of Energy Traders ANNEX 2 TVB (A) to the General Agreement ANEXO 2 TVB (A) al Acuerdo General CONFIRMATION OF INDIVIDUAL CONTRACT FOR TVB TRANSACTIONS (FIXED PRICE) CONFIRMACIÓN DEL CONTRATO INDIVIDUAL PARA TRANSACCIONES TVB (PRECIO FIJO) BETWEEN: ENTRE:
Cross Product Payment Netting. [ ] Payments due in relation to Individual Contracts in respect of Electricity shall be netted against payments due in relation to Capacity Transactions.

Related to Cross Product Payment Netting

  • Payment for Forest Products Delivered Purchaser agrees to pay the State for delivered forest products at the following rate: $0.00/MBF $250.00/MBF for incorrect species delivery* $20/mbf for Utility logs (Adjusted Gross). Purchaser agrees to increase the above delivered payment rate as approved by the State in the event the location of delivery is changed per the G-026.2 clause. Purchaser will not be billed for any delivered logs that are scaled as containing metal. *When two or more log sorts from this project are delivered to the same destination, the species contained in them are not eligible for the species price reduction. P-036.2 Missorts and Payment Reduction for Delivered Forest Products Forest Products delivered that do not meet the sorting specifications in G-022.2 are considered mis-sorts. Purchaser receiving mis-sort Forest Products is required to pay the State at the bid price under this contract. However, when mis-sorted Forest Products amount to more than 5% of the total delivered sort volume, Purchaser may request approval for payment reduction for delivered volume exceeding the mis-sort threshold. Requests for payment reduction must be submitted to the State in writing prior to contract expiration. Eligibility for mis-sort payment reduction is subject to State approval and shall be determined by the State’s delivered product analysis. Forest Products determined by the State eligible for mis-sort price reduction are not eligible for any other price adjustments. Payment reduction for Forest Products deemed mis-sorted will be calculated as follows: Payment Reduction = (B x M) x R Where: B = Bid rate from P-028.2 clause M = Mis-sorted volume exceeding threshold excluding utility R = Reduction factor* 0.2 for diameter mis-sort 0.3 for high quality mis-sort *Logs eligible for payment reduction based on multiple reduction factors will be calculated at the higher payment reduction factor. Third-party scaling organization information is required to determine Xxxxxxxx mbf for payment reduction purposes. Value will be derived from the applicable sort value as described in this contract. Scale information for determining mis-sort payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for mis-sorts shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code P-037.2 Mismanufacture and Payment Reduction for Delivered Forest Products Forest Products delivered that do not meet preferred log length specifications or multiples or combinations of preferred lengths and Forest Products delivered not meeting manufacturing standards as described in clause G-024.2 are considered mis- manufactured. Purchaser receiving mis-manufactured Forest Products is required to pay the State at the bid price under this contract. However, when mis-manufactured Forest Products amount to more than 8% of the total delivered sort volume, Purchaser may request approval for payment reduction for delivered volume exceeding the mis-manufacture threshold. Requests for payment reduction must be submitted to the State in writing prior to contract expiration. Eligibility for mis-manufacture payment reduction is subject to State approval and shall be determined by the State’s delivered product analysis. Forest Products determined by the State eligible for mis-manufacture price reductions are not eligible for any other price adjustments. Payment reduction for Forest Products deemed mis-manufactured will be calculated as follows: Payment Reduction = (B x M) x (0.2) Where: B = Bid rate from P-028.2 clause M = Mis-manufactured volume exceeding threshold excluding utility Third-party scaling organization information is required to determine Xxxxxxxx mbf for payment reduction purposes. Value will be derived from the applicable sort value as described in this contract. Scale information for determining mis-manufacture payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for mis-manufacture shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code.

  • Deliverables for an Authorized User Agreement (Transaction Deliverables must be identified, as a measure of progress in the Authorized User Agreement. A Deliverable as a bulk number of hours is not permissible under the OGS Centralized Contract. Retainage As part of the Mini-Bid, the Authorized User may elect to retain a percentage of each individual Deliverable payment of no more than 20% until the acceptance of the complete Deliverable or project. This retainage may be reduced as described in the Mini-Bid, when the Contractor substantially reduces the time required from the timeframes negotiated between the Authorized User and the Contractor for the completion and acceptance of a Deliverable.

  • Additional Products and Services Subject to the allocation of funds, the CPO may add similar equipment, supplies, services, or locations, within the scope of this Agreement, to the list of equipment, supplies, services, or locations to be performed or provided by giving written notification to Contractor. For purposes of this Section, the “Effective Date” means the date specified in the notification from the CPO. As of the Effective Date, each item added is subject to this Agreement, as if it had originally been a part, but the charge for each item starts to accrue only on the Effective Date. In the event the additional equipment, supplies, services, or locations are not identical to the items(s) already under this Agreement, the charges therefor will then be Contractor’s normal and customary charges or rates for the equipment, supplies, services, or locations classified in the Fees and Costs (Exhibit “F”).

  • MSAA Indicator Technical Specification Document This Agreement shall be interpreted with reference to the MSAA Indicator Technical Specifications document.

  • End User Agreement This publication is distributed under the terms of Article 25fa of the Dutch Copyright Act. This article entitles the maker of a short scientific work funded either wholly or partially by Dutch public funds to make that work publicly available for no consideration following a reasonable period of time after the work was first published, provided that clear reference is made to the source of the first publication of the work. Research outputs of researchers employed by Dutch Universities that comply with the legal requirements of Article 25fa of the Dutch Copyright Act, are distributed online and free of cost or other barriers in institutional repositories. Research outputs are distributed six months after their first online publication in the original published version and with proper attribution to the source of the original publication. You are permitted to download and use the publication for personal purposes. All rights remain with the author(s) and/or copyrights owner(s) of this work. Any use of the publication other than authorised under this licence or copyright law is prohibited. If you believe that digital publication of certain material infringes any of your rights or (privacy) interests, please let the University Library know, stating your reasons. In case of a legitimate complaint, the University Library will, as a precaution, make the material inaccessible and/or remove it from the website. Please contact the University Library through email: xxxxxxxxx@xxx.xx.xx. You will be contacted as soon as possible. University Library Radboud University

  • Product Technical Support & Maintenance Licensee shall have the option of electing the Product technical support and maintenance (“maintenance”) set forth in the Contract by giving written notice to Contractor any time during the Centralized Contract term. Maintenance term(s) and any renewal(s) thereof are independent of the expiration of the Centralized Contract term and will not automatically renew. Maintenance shall include, at a minimum, (i) the provision of error corrections, updates, revisions, fixes, upgrade and new releases to Licensee, and (ii) Help Desk assistance with locally accessible “800” or toll free, local telephone service, or alternatively on-line Help Desk accessibility. Contractor shall maintain the Products so as to provide Licensee with the ability to utilize the Products in accordance with the Product documentation without significant functional downtime to its ongoing business operations during the maintenance term. Authorized User shall not be required to purchase maintenance for use of Product, and may discontinue maintenance at the end of any current maintenance term upon notice to Contractor. In the event that Authorized User does not initially acquire or discontinues maintenance of licensed Product, it may, at any time thereafter, reinstate maintenance for Product without any additional penalties or other charges, by paying Contractor the amount which would have been due under the Contract for the period of time that such maintenance had lapsed, at then current NYS net maintenance rates.

  • OGS Centralized Contract Terms and Conditions have been renumbered as depicted in the following chart: Current Amended Section Title 4.25 4.26 Severability 4.26 4.27 Entire Agreement

  • Unbundled Loop Concentration 2.8.5.1 Upon the Effective Date of this Amendment, the Unbundled Loop Concentration (ULC) element will no longer be offered by BellSouth and no new orders for ULC will be accepted. Any existing ULCs that were provisioned prior to the Effective Date of this Amendment will be grandfathered at the rates set forth in the Parties’ interconnection agreement that was in effect immediately prior to this Amendment and may remain connected, maintained and repaired according to BellSouth’s TR73600 until such time as they are disconnected by MyLineToo, or BellSouth provides ninety (90) calendar days notice that such ULC must be terminated.

  • Payment and Contract Price C1 Contract Price

  • Unbundled Loop Concentration (ULC) System 2.5.1 BellSouth will provide to <<customer_name>> Unbundled Loop Concentration (ULC). Loop concentration systems in the central office concentrate the signals transmitted over local loops onto a digital loop carrier system. The concentration device is placed inside a BellSouth central office. BellSouth will offer ULC with a TR008 interface or a TR303 interface.

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