Common use of FTR Monthly Credit Requirement Contribution Clause in Contracts

FTR Monthly Credit Requirement Contribution. For each FTR, for each month, ”FTR Monthly Credit Requirement Contribution” shall mean the total FTR cost for the month, prorated on a daily basis, less the FTR Historical Value for the month. For cleared FTRs, this contribution may be negative; prior to clearing, FTRs with negative contribution shall be deemed to have zero contribution. FTR Net Activity:

Appears in 94 contracts

Samples: Service Agreement, Service Agreement, Service Agreement

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FTR Monthly Credit Requirement Contribution. For F or each FTR, for each month, ”FTR Monthly Credit Requirement Contribution” shall mean the total FTR cost for the month, prorated on a daily basis, less the FTR Historical Value for the month. For cleared FTRs, this contribution may be negative; prior to clearing, FTRs with negative contribution shall be deemed to have zero contribution. FTR Net Activity:.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

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FTR Monthly Credit Requirement Contribution. FTR Monthly Credit Requirement Contribution - For each FTR, FTR for each month, ”FTR Monthly Credit Requirement Contribution” shall mean this is the total FTR cost for the month, prorated on a daily basis, less the FTR Historical Value for the month. For cleared FTRs, this contribution may be negative; prior to clearing, FTRs with negative contribution shall be deemed to have zero contribution. FTR Net Activity:.

Appears in 1 contract

Samples: www.pjm.com

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