Distribution of Excess Congestion Charges Sample Clauses

Distribution of Excess Congestion Charges. (a) Excess Transmission Congestion Charges accumulated in a month shall be distributed to each holder of Fixed Transmission Rights in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the holder during that month as compared to its total target allocations for the month.
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Distribution of Excess Congestion Charges. (b) If the total of the target allocations is greater than the total Transmission Congestion Charges for the hour, each holder of Fixed Transmission Rights shall receive a share of the total Transmission Congestion Charges in proportion to its target allocations.
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Distribution of Excess Congestion Charges. (a) Excess Transmission Congestion Charges accumulated in a month shall be distributed to each holder of Financial Transmission Rights in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the holder during that month as compared to its total Target Allocations for the month. (b) After the excess Transmission Congestion Charge distribution described in Section 5.2.6(a) is performed, any excess Transmission Congestion Charges remaining at the end of a month shall be distributed to each holder of Financial Transmiss ion Rights in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the holder during the current Planning Period, including previously distributed excess Transmission Congestion Charges, as compared to its total Target Allocation for the Planning Period. *** (d) Any excess Transmission Congestion Charges remaining after a distribution pursuant to subsection (c) of this section shall be distributed to all FTR holders on a pro-rata basis according to the total Target Allocations for all FTRs held at any time during the relevant Planning Period. Any allocation pursuant to this subsection (d) shall be calculated and allocated in accordance with the following methodology: *** 5.2.6
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Distribution of Excess Congestion Charges. 44 SCHEDULE 2 - COMPONENTS OF COST.......................... 1 SCHEDULE 3 - ALLOCATION OF OI COSTS...................... 1 SCHEDULE 4 - STANDARD MEMBERSHIP AGREEMENT............... 1 SCHEDULE 5 - DISPUTE RESOLUTION PROCEDURE................ 1 1. DEFINITIONS........................................... 1 1.1
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Distribution of Excess Congestion Charges. (a) Excess Transmission Congestion Charges accumulated in a month shall be distributed to each FTR Hholder of Financial Transmission Rights in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the FTR Hholder during that month as compared to its total Target Allocations for the month. (b) After the excess Transmission Congestion Charge distribution described in Section 5.2.6(a) is performed, any excess Transmission Congestion Charges remaining at the end of a month shall be distributed to each FTR Hholder of Financial Transmission Rights in proportion to, but not more than, any deficiency in the share of Transmission Congestion Charges received by the FTR Hholder during the current Planning Period, including previously distributed excess Transmission Congestion Charges, as compared to its total Target Allocation for the Planning Period. *** (d) Any excess Transmission Congestion Charges remaining after a distribution pursuant to subsection (c) of this section shall be distributed to all FTR Hholders on a pro-rata basis according to the total Target Allocations for all FTRs held at any time during the relevant Planning Period. Any allocation pursuant to this subsection (d) shall be conducted in accordance with the following methodology: Proposed Clean-Up, Clarification and Corrections to Governing Documents FIRST READ PROPOSED REVISIONS Dated: October 13, 2015 For Discussion at GDECS October 23, 2015 Agreement, Attachment, Section, Title Current Language Proposed Revisions Rationale Tariff, Attachment K (Preface) Tariff Attachment M- Appendix, § VI (FTR Forfeiture Rule) Attachment K Preface. This Attachment and Attachment K – Appendix specify the manner in which all Transmission Customers, Network Customers, and Transmission Owners using the Transmission System to serve their Native Load Customers and Market Participants submitting Virtual Transactions will be charged for the costs of congestion and losses on the Transmission System, the manner in which all FTR holders share in the allocation of revenues received as Transmission Congestion Charges , and the manner in which Network Service Users, Market Participants in the PJM Interchange Energy Market and Transmission Customers share in the allocation of Transmission Loss Charges. In addition, Attachment K - Appendix incorporates into the Tariff for ease of reference the provisions of Schedule 1 of the Operating Agreement (“Schedule 1”). Capitalized...
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Distribution of Excess Congestion Charges. (a) Excess Day-ahead Energy Market Transmission Congestion Charges accumulated in a month shall be distributed to each FTR Holder in proportion to, but not more than, any deficiency in the share of Day-ahead Energy Market Transmission Congestion Charges received by the FTR Holder during that month as compared to its total Target Allocations for the month.
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Related to Distribution of Excess Congestion Charges

  • Excess Costs If the Permitted Costs exceeds the Finish Allowance, then Tenant shall pay all such excess costs (“Excess Costs”), provided, however, Landlord will, prior to the commencement of construction of Tenant’s Improvements, advise Tenant of the sum of the Contract Sum and the Construction Management Fee (the “Cost Estimate”). Tenant shall have five (5) business days from and after the receipt of such advice within which to approve or disapprove the Contract Sum and Cost Estimate. If Tenant fails to approve same by the expiration of the fifth such business day, then Tenant shall be deemed to have approved the Proposed Contract Sum and Cost Estimate. If Tenant disapproves the Contract Sum and Cost Estimate within such five (5) business day period, then Tenant shall either reduce the scope of Tenant’s Improvements such that the Contract Sum and Construction Management Fee do not exceed the Finish Allowance or, at Tenant’s option, Landlord shall obtain two (2) additional bids, provided that each day beyond such five (5) business day period and until the rebid is accepted by Tenant shall constitute a Tenant Delay hereunder. The foregoing process shall continue until a Contract Sum and Cost Estimate are accepted or deemed accepted by Tenant. Landlord and Tenant must approve (or be deemed to have approved) the Contract Sum for the construction of Tenant’s Improvements in writing prior to the commencement of construction.

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