Import Bilateral Transactions Sample Clauses

Import Bilateral Transactions. If the amount of Energy scheduled to be imported in an Import Bilateral Transaction was scheduled in the Day-Ahead Market, and the Day-Ahead Schedule for the Generator designated as the Supplier of Energy for that Bilateral Transaction called for that Generator to produce is less Energy than was scheduled the amount of Transmission Service requested and scheduled Day-Ahead to be consumed in association with that Import Bilateral Transaction, the ISO shall supply the Load or Transmission Customer shall pay in an Export with Energy from the Day- Ahead LBMP for that quantity of Energy equal to the difference between the amount of Firm Transmission Service scheduled and the amount scheduled to be imported in association with this Import Bilateral Transaction Market Imbalance Service Charges pursuant to Rate Schedule 4 of this OATT. The Transmission Customer shall continue to pay the Day-Ahead TUC for the amount of Transmission Service scheduled and in addition, the Supplier of Energy for the Bilateral Transaction, if it takes service under the ISO Services Tariff, shall pay the Day-Ahead LBMP price, at the Point of Receipt for the Transaction, for the replacement amount of Energy in (MWh) purchased in the LBMP Market. If the Supplier of Energy for the Bilateral Transaction does not take service under the ISO Services Tariff, it shall pay the greater of 150 percent of the Day-Ahead LBMP at the Point of Receipt for the Transaction or $100/MWh, for the replacement amount of Energy, as specified in this Tariff. These procedures shall apply regardless of whether the Generator designated to supply Energy in association with the Transaction was located inside or outside the NYCA. If the Import Bilateral Transaction was scheduled following the Day-Ahead Market, or the schedule for the Import Bilateral Transaction was revised following the Day-Ahead Market, and the amount of Energy scheduled to be imported in real-time (modified for within-hour changes in DNI, if any) is less than the amount of Transmission Service requested in real-time in association with that Transaction, then the ISO Transmission Customer shall supply the Load or Transmission Customer in an Export with Energy from the Real-Time LBMP Market, at the Real-Time LBMP, if necessary. pay an Energy Imbalance Service Charge pursuant to rate Schedule 4 of this OATT. If (1) the Generator designated to supply the Transaction is an Internal Generator, and it has been dispatched to produce less than the amount o...
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Import Bilateral Transactions. If the amount of Energy scheduled to be imported in an Import Bilateral Transaction in the Day-Ahead Market is less than the amount of Transmission Service requested and scheduled Day-Ahead in association with that Import Bilateral Transaction, the Transmission Customer shall pay the Energy Imbalance Service Charge pursuant to Rate Schedule 4 of this OATT. The Transmission Customer shall continue to pay the Day-Ahead TUC for the amount of Transmission Service scheduled. If the Import Bilateral Transaction was scheduled following the Day-Ahead Market, or the schedule for the Import Bilateral Transaction was revised following the Day-Ahead Market, and the amount of Energy scheduled to be imported in real-time (modified for within-hour changes in DNI, if any) is less than the amount of Transmission Service requested in real-time in association with that Transaction, then the Transmission Customer shall pay an Energy Imbalance Service Charge pursuant to Rate Schedule 4 of this OATT. If the Import Bilateral Transaction was scheduled following the Day-Ahead Market, or the schedule for the Import Bilateral Transaction was revised following the Day-Ahead Market, the Transmission Customer shall pay or be paid the Real-Time TUC for the amount of Transmission Service requested in real-time in association with that Transaction minus the amount of Transmission Service requested Day-Ahead in association with that Transaction.

Related to Import Bilateral Transactions

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  • Arm’s Length Transaction The Bank acknowledges and agrees that the Underwriters are acting solely in the capacity of an arm’s length contractual counterparty to the Bank with respect to the offering of Notes contemplated hereby (including in connection with determining the terms of the offering) and not as a financial advisor or a fiduciary to, or an agent of, the Bank or any other person. Additionally, neither the Representative nor any other Underwriter is advising the Bank or any other person as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction. The Bank shall consult with its own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of the transactions contemplated hereby, and the Underwriters shall have no responsibility or liability to the Bank with respect thereto. Any review by the Underwriters of the Bank, the transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Underwriters and shall not be on behalf of the Bank.

  • Lateral Transfers Employees may request to be transferred to a vacant position within their classification in another department and may be transferred pursuant to such request with the written approval of their department head, the involved appointing authority and the Employer's Director of Labor Relations. Such transferred employees shall serve a three (3) month probationary period in the new position. If removed by the appointing authority during the probationary period, the involved employee shall be reassigned to a vacant position within the classification or, if none is available, to their previous position.

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  • ARM'S LENGTH AGREEMENT This Agreement and each of its terms are the product of an arm's length negotiation between the Parties. In the event any ambiguity is found to exist in the interpretation of this Agreement, or any of its provisions, the Parties, and each of them, explicitly reject the application of any legal or equitable rule of interpretation which would lead to a construction either "for" or "against" a particular party based upon their status as the drafter of a specific term, language, or provision giving rise to such ambiguity.

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