For Pre-empted Energy Market Transactions Sample Clauses

For Pre-empted Energy Market Transactions. Pre-empted Dispatch Payment = Imbalance Energy Charge – Cost Savings  Imbalance Energy Charge = (Xo-Xn)  Penalty Price  Penalty Price = Unrestricted Imbalance Energy Price + additional penalties (per MWh) imposed by the CAISO for failure to comply with Market Schedules due to compliance with Dispatch Notice.  Cost Savings = Fuel Cost Savings + Emissions Savings + Other Savings Where:  Xo = Original Total Schedule in Market and Nonmarket Transactions;  Xn = New Total Schedule in Market and Nonmarket Transactions; For fossil fuel Units, the Fuel Cost Savings is calculated as follows:  Fuel Cost Savings = Fuel Savings x Hourly Fuel Price  Fuel Savings = ( (AXo3+BXo2+CXo+D) - (AXn3+BXn2+CXn+D) )  E or  Fuel Savings = [ ( A  (B + CXo + DeFXo) ) - ( A * (B + CXn + DeFXn) ) ]  E  A, B, C, D, E and F are the coefficients from Table C1-7a or C1-7b, as applicable;  Hourly Fuel Price is calculated in Equation C1-8. For geothermal Units, the Fuel Cost Savings is calculated by the following formula: Fuel Cost Savings = (Xo - Xn)  Hourly Fuel Price Where:  Hourly Fuel Price is the Steam Price identified in Equation C2-1 in Schedule C. However, for purposes of this Pre-empted Dispatch Payment calculation, the value for the Steam Price will be set to zero for Geysers Main Units until the cumulative Hourly Metered Total Net Generation for the Contract Year from all Units exceeds the Minimum Annual Generation given in Equation C2-2. For pumped storage hydroelectric Units, the Fuel Cost Savings is calculated by the following formula: Fuel Cost Savings = (Xo - Xn)  Hourly Fuel Price Where:  Hourly Fuel Price is YTD Pumping Cost / YTD Energy Produced; and YTD Pumping Cost and YTD Energy Produced are as defined in Equation C4-2. For conventional hydroelectric Units, the Fuel Cost Savings is zero. Other Savings = ((Xo-Xn)  (Variable O&M Rate + applicable annual charge for short-term sales under 18 CFR 382.201 of the FERC Regulations Emissions Savings = RECLAIM Savings + NOx Emissions Fee Savings + Organic Gases Fee Savings + Sulfur Oxides Fee Savings + Particulate Matter Savings + Carbon Monoxide Fee Savings RECLAIM Savings = ((AXo2+BXo+C) - (AXn2+BXn+C))  RECLAIM NOx Trading Credit Rate Where:  A, B and C are the coefficients from Table C1-13;  Xo = Original Total Schedule in Market and Nonmarket Transactions;  Xn = New Total Schedule in Market and Nonmarket Transactions; NOx Emissions Fee Savings = ((AXo2+BXo+C) - (AXn2+BXn+C))  NOx Emissions Fee; 2000 ...
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For Pre-empted Energy Market Transactions. Pre-empted Dispatch Payment = Imbalance Energy Charge – Cost Savings  Imbalance Energy Charge = (Xo-Xn) < Penalty Price  Penalty Price = Unrestricted Imbalance Energy Price + additional penalties (per MWh) imposed by the CAISO for failure to comply with Market Schedules due to compliance with Dispatch Notice.  Cost Savings = Fuel Cost Savings + Emissions Savings + Other Savings Where:  Xo = Original Total Schedule in Market and Nonmarket Transactions;  Xn = New Total Schedule in Market and Nonmarket Transactions;  Fuel Cost Savings = Fuel Savings x Hourly Fuel Price
Sample 1

Related to For Pre-empted Energy Market Transactions

  • Secondary Market Transactions Each Purchaser shall have the right at any time and from time to time to securitize its Subordinated Notes or any portion thereof in a single asset securitization or a pooled loan securitization of rated single or multi-class securities secured by or evidencing ownership interests in the Subordinated Notes (each such securitization is referred to herein as a “Secondary Market Transaction”). In connection with any such Secondary Market Transaction, Company shall, at Company’s expense, cooperate with Purchasers and otherwise reasonably assist Purchasers in satisfying the market standards to which Purchasers customarily adhere or which may be reasonably required in the marketplace or by applicable rating agencies in connection with any such Secondary Market Transaction. Subject to any written confidentiality obligation, all information regarding Company may be furnished, without liability except in the case of gross negligence or willful misconduct, to any Purchaser and to any Person reasonably deemed necessary by Purchaser in connection with participation in such Secondary Market Transaction. All documents, financial statements, appraisals and other data relevant to Company or the Subordinated Notes may be retained by any such Person.

  • Open Market Transactions We agree to abide by Regulation M under the Exchange Act and we agree not to bid for, purchase, attempt to purchase, or sell, directly or indirectly, any Securities, any other Reference Securities (as defined in Regulation M) of the issuer, or any other securities of such issuer as you may designate, except as brokers pursuant to unsolicited orders and as otherwise provided in this Agreement. If the Securities are common stock or securities convertible into common stock, we agree not to effect, or attempt to induce others to effect, directly or indirectly, any transactions in or relating to any stock of such issuer, except to the extent permitted by Rule 101 of Regulation M under the Exchange Act.

  • Business Combination Marketing Agreement The Company and the Representative have entered into a separate business combination marketing agreement substantially in the form filed as an exhibit to the Registration Statement (the “Business Combination Marketing Agreement”).

  • Fund/SERV Transactions If the parties choose to use the National Securities Clearing Corporation’s Mutual Fund Settlement, Entry and Registration Verification (“Fund/SERV”) or any other NSCC service, the following provisions shall apply: The Company and the Fund or its designee will each be bound by the rules of the National Securities Clearing Corporation (“NSCC”) and the terms of any NSCC agreement filed by it or its designee with the NSCC. Without limiting the generality of the following provisions of this section, the Company and the Fund or its designee will each perform any and all duties, functions, procedures and responsibilities assigned to it and as otherwise established by the NSCC applicable to Fund/SERV, the Mutual Fund Profile Service, the Networking Matrix Level utilized and any other relevant NSCC service or system (collectively, the “NSCC Systems”). Any information transmitted through the NSCC Systems by any party or its designee to the other or its designee and pursuant to this Agreement will be accurate, complete, and in the format prescribed by the NSCC. Each party or its designee will adopt, implement and maintain procedures reasonably designed to ensure the accuracy of all transmissions through the NSCC Systems and to limit the access to, and the inputting of data into, the NSCC Systems to persons specifically authorized by such party. On each day on which the New York Stock Exchange is open for trading and on which the Fund calculates its net asset value pursuant to the rules of the SEC (“Business Day”), the Company shall aggregate and calculate the net purchase and redemption orders for each Account received by the Company by the close of the New York Stock Exchange (generally, 4:00 p.m. Eastern Time) (the “Close of Trading”) on the Business Day. The Company shall communicate to the Fund or its designee for that Business Day, by Fund/SERV, the net aggregate purchase or redemption orders (if any) for each Account received by the Close of Trading on such Business Day (the “Trade Date”) no later than 7:00 a.m. Eastern Time (or such other time as may be agreed by the parties from time to time) (the “Fund/SERV Transactions Deadline”) on the Business Day following the Trade Date. All such aggregated orders communicated to the Fund or its designee by the Fund/SERV Transactions Deadline on the Business Day following the Trade Date shall be treated by the Fund or its designee as if received prior to the Close of Trading on the Trade Date. All orders received by the Company after the Close of Trading on a Business Day shall not be aggregated with Orders received by the Company prior to the Close of Trading on such Business Day and shall be communicated to BRIL or its designee as part of an aggregated order no sooner than after the FUND/SERV Transactions Deadline or such other time as may be agreed by the parties from time to time) the following Business Day. Cash settlement shall be transmitted pursuant to the normal NSCC settlement process. In the case of delayed settlement, the Fund or its designee shall make arrangements for the settlement of redemptions by wire no later than the time permitted for settlement of redemption orders by the 1940 Act. Unless otherwise informed in writing, such redemption wires should be sent to an account specified by the Company and agreed to by Fund Parties.

  • Principal Transactions In connection with purchases or sales of securities for the account of a Fund, neither the Adviser nor any of its directors, officers or employees will act as a principal or agent or receive any commission except as permitted by the 1940 Act.

  • CONTINUING CONNECTED TRANSACTIONS NEW LEASE AGREEMENT

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.

  • Mergers, Acquisition, Sales, etc The Servicer will not consolidate with or merge into any other Person or convey or transfer its properties and assets substantially as an entirety to any Person, unless the Servicer is the surviving entity and unless: (i) the Servicer has delivered to the Administrative Agent and each Purchaser Agent an Officer’s Certificate and an Opinion of Counsel each stating that any consolidation, merger, conveyance or transfer and such supplemental agreement comply with this Section 5.5 and that all conditions precedent herein provided for relating to such transaction have been complied with and, in the case of the Opinion of Counsel, that such supplemental agreement is legal, valid and binding with respect to the Servicer and such other matters as the Administrative Agent may reasonably request; (ii) the Servicer shall have delivered notice of such consolidation, merger, conveyance or transfer to the Administrative Agent and each Purchaser Agent; (iii) after giving effect thereto, no Termination Event or Servicer Default or event that with notice or lapse of time would constitute either a Termination Event or a Servicer Default shall have occurred; and (iv) the Administrative Agent and each Purchaser Agent have consented in writing to such consolidation, merger, conveyance or transfer.

  • Portfolio Transactions The Manager is authorized to select the brokers or dealers that will execute the purchases and sales of portfolio securities for the Portfolio and is directed to use its best efforts to obtain the best available prices and most favorable executions, except as prescribed herein. It is understood that the Manager will not be deemed to have acted unlawfully, or to have breached a fiduciary duty to the Fund or to the Portfolio, or be in breach of any obligation owing to the Fund or to the Portfolio under this Agreement, or otherwise, solely by reason of its having caused the Portfolio to pay a member of a securities exchange, a broker, or a dealer a commission for effecting a securities transaction for the Portfolio in excess of the amount of commission another member of an exchange, broker, or dealer would have charged if the Manager determines in good faith that the commission paid was reasonable in relation to the brokerage or research services provided by such member, broker, or dealer, viewed in terms of that particular transaction or the Manager’s overall responsibilities with respect to its accounts, including the Fund, as to which it exercises investment discretion. The Manager will promptly communicate to the officers and directors of the Fund such information relating to transactions for the Portfolio as they may reasonably request.

  • Restricted Transactions From the date hereof until the earlier of i) 120 days after the date of this Agreement or ii) the date that the Holder holds less than 10% of the Securities being sold to the Buyer in this offering remain outstanding, including Conversion Shares, neither the Company nor any of its affiliates or subsidiaries, nor any of its or their respective officers, employees, directors, agents or other representatives, will, without the prior written consent of the Buyer, directly or indirectly, solicit, accept, enter into, announce, or otherwise cooperate in any way, assist or participate in or facilitate or encourage, any exchange (i) of any security of the Company or any of its subsidiaries for any other security of the Company or any of its subsidiaries, except to the extent (x) consummated pursuant to an exchange registered under a registration statement of the Company filed pursuant to the 1933 Act and declared effective by the SEC or (y) such exchange is exempt from registration pursuant to an exemption provided under the 1933 Act (other than Section 3(a)(10) of the 0000 Xxx) or (ii) of any indebtedness or other securities of the Company or any of its subsidiaries relying on the exemption provided by Section 3(a)(10) of the 1933 Act. Notwithstanding the foregoing or anything contained herein to the contrary, neither the Company nor any of its affiliates or subsidiaries, nor any of its or their respective officers, employees, directors, agents or other representatives, will, without the prior written consent of the Buyer (which consent may be withheld, delayed or conditioned in the Buyer’s sole discretion), directly or indirectly, cooperate in any way, assist or participate in, facilitate or encourage any effort or attempt by any third party to effect any acquisition of securities of the Company by such third party from an existing holder of such securities in connection with a proposed exchange of such securities of the Company (whether pursuant to Section 3(a)(9) or 3(a)(10) of the 1933 Act or otherwise).