Elements of the Reserved Component Sample Clauses

Elements of the Reserved Component. Reserved = Reserved1 + Reserved2 + Reserved3 + Reserved4 Reserved1 will equal the Transmission Owner's Congestion payments for a month received pursuant to Section 20.2.3 of Attachment N of this Tariff for the Transmission Owner’s ETCNL TCCs. Reserved2 will equal the Transmission Owner's Congestion payments for a month received pursuant to Section 20.2.3 of Attachment N of this Tariff for the Transmission Owner’s RCRR TCCs. Reserved3 will equal the value that a Transmission Owner receives for the sale of its ETCNL TCCs in a month, with the value for each ETCNL TCC sold divided equally over the month(s) for which that sold ETCNL TCC is valid. Reserved4 will equal the value that a Transmission Owner receives for the sale of its RCRR TCCs in a month, with the value for each RCRR TCC sold divided equally over the month(s) for which that sold RCRR TCC is valid. The RR, SR and CRR will not include expenses for the Transmission Owner's purchase of TCCs or revenues from the sale of said TCCs or from the collection of Congestion Rents for said TCCs. The ECR, CRR, WR, and Reserved shall be updated prior to the start of each month based on actual data for the calendar month prior to the month in which the adjustment is made (e.g., January actual data will be used in February to calculate the TSC effective in March). The TSC shall not apply to the scheduled quantities physically Curtailed by the ISO. Each Member System is responsible for calculating: (1) the RR component of its TSC charge; (2) the CCC component of its TSC charge; (3) the SR1 portion of the SR component of its TSC charge; and (4) the BU component of its TSC charge. The NYISO is responsible for calculating or providing the information necessary to calculate: (1) the SR2 portion of the SR component of each Member System's TSC charge based on information provided by the Member System and information derived from ISO operation;
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