Common use of FTR Credit Limit Clause in Contracts

FTR Credit Limit. FTR Credit Limit will be equal to the amount of credit established with PJMSettlement that a Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the Participant may have with PJMSettlement.

Appears in 5 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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FTR Credit Limit. FTR Credit Limit will Limit” shall be equal to the amount of credit established with PJMSettlement that a Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the Participant may have with PJMSettlement.

Appears in 1 contract

Samples: Service Agreement

FTR Credit Limit. FTR Credit Limit will Limit” shall be equal to tomean the amount of credit established with PJMSettlement that a aan FTR Participant has specifically designated to PJMSettlement to be set aside and andbe used for FTR activityactivity in a specific customer account. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the FTR Participant may have with PJMSettlement.

Appears in 1 contract

Samples: Service Agreement

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FTR Credit Limit. FTR Credit Limit will Limit” shall be equal to the amount of credit established with PJMSettlement that a Participant has specifically designated to PJMSettlement to be set aside and used for FTR activity. Any such credit so set aside shall not be considered available to satisfy any other credit requirement the Participant may have with PJMSettlement.

Appears in 1 contract

Samples: Construction Service Agreement

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