Parameters. In calculating the MtM Exposure for each Transaction, the following parameters are set on the Transaction Date: ▪ On-Peak Initial Xxxx Xxxxx ▪ Off-Peak/On-Peak Price Ratio ▪ Off-Peak Initial Xxxx Xxxxx ▪ Number of awarded Energy Blocks ▪ Energy Block Size In calculating the MtM Exposure for each Transaction, the following parameters are set each Business Day subsequent to the Transaction Date: ▪ On-Peak Forward Price ▪ Off-Peak Forward Price ▪ On-Peak Energy Quantity ▪ Off-Peak Energy Quantity Process to Update the On-Peak Initial Mark Prices and Off-Peak Initial Mark Prices on a Daily Basis On each Business Day subsequent to the Transaction Date, the Pricing Agent will contact four Reference Market-Makers to obtain price quotes for on-peak and off-peak energy for PJM Western Hub. The Pricing Agent may not rely upon quotes from Seller or any Affiliate of Seller. The updated mark for a month will be equal to the average mark for that month over all sources from which a quote is available. If a monthly quote is available from any source, only the monthly quote or monthly quotes shall be used. Where quotes provide a bid and ask, the average shall be used. Where a quote for an individual month is unavailable, but the month is quoted as part of a “packaged” quote (e.g., January 2011 is only available in the form of a January/February 2011 “packaged” quote or an annual quote): ▪ If the other month/months of the package quote is/are also unavailable, then the marks for all months of the package will be calculated by multiplying the packaged quote by the ratio of the corresponding month to the corresponding calculated package quote from the previous day. Example: There are no On-Peak quotes available on day X during the contract for July 2011 or August 2011. However, there is an On-Peak July/August 2011 packaged quote of $73.00/MWh available. The On-Peak marks from day X-1 for July 2011 and August 2011 were $73.50/MWh and $76.50/MWh respectively. The day X On-Peak mark for July 2011 is set at 73.00 * [73.50] / [( (73.50 * 352) + (76.50 * 336) ) / (352+336) ] = 73 * (73.50/ 74.97) = $71.57/MWh. The day X On-Peak mark for August 2011 is set at 73.00 * [76.50] / [( (73.50 * 352) + (76.50*336) ) / (352+336) ] = 73 * (76.50 / 74.97) = $74.49/MWh. ▪ If the other month/months of the package quote is/are available, then the mark for the month will be set such that the average of the month and the other month(s) (weighted for either the On-Peak Hours or Off-Peak Hours as a...
Parameters. Any cost of Tenant’s alterations in excess of Landlord’s Contribution shall be paid entirely by Tenant. Tenant shall be entitled to receive any portion of Landlord’s Contribution not actually expended by Tenant in the performance of Tenant’s alterations and/or Soft Costs and/or not paid by Landlord as required herein, as a credit against Fixed Rent for the Premises, but not additional rent, provided that Tenant has provided to Landlord reasonable proof that Tenant has paid in full the cost of Tenant’s alterations; and provided further that (i) Tenant is not then in default of its obligation to pay Fixed or additional rent and that no other material event of default shall have occurred and be continuing hereunder and (ii) the credit shall be applied against Fixed Rent due on or before the Final Submission Date, or six (6) months thereafter, failing which, Tenant shall no longer be entitled to any credit for unpaid portions of Landlord’s Contribution.
Parameters. During each SCT, the following parameters shall be measured and recorded simultaneously for the Storage Facility, at ten (10) minute intervals:
(1) Time;
(2) Net electrical energy output to the Storage Facility Meters (kWh) (i.e., to each measurment device making up the Storage Facility Meter);
(3) Net electrical energy input from the Storage Facility Meters (kWh) (i.e., from each measurment device making up the Storage Facility Meter); and
(4) Stored Energy Level (MWh).
Parameters. 4.1. Parameters below are essential when describing the pattern of the traffic critical scenarios in section 2.1.
4.2. Additional parameters could be added according to the operating environment (e.g. friction rate of the road, road curvature, lighting conditions).
Parameters. Any cost of Tenant’s Initial Alterations in excess of Landlord’s Contribution shall be paid entirely by Tenant. Tenant shall not be entitled to receive any portion of Landlord’s Contribution not actually expended by Tenant in the performance of Tenant’s Initial Alterations and/or Soft Costs, nor shall Tenant have any right to apply any unexpended portion of Landlord’s Contribution as a credit against Fixed Rent, Additional Rent or any other obligation of Tenant hereunder. No part of Landlord’s Contribution may be assigned by Tenant prior to actual payment thereof by Landlord to Tenant. Landlord makes no representation whatsoever as to the projected or actual cost of Tenant’s Initial Alterations.
Parameters. Each transfer will be for a mutually agreed upon length of time to a maximum of one school year and may be terminated at any time by mutual agreement of the Human Resources Officer and the Union.
Parameters a) The number of divisional chairpersons shall be calculated using the Full-time equivalent (F.T.E.) teachers in a school.
b) The number of teachers in a school is determined by the October 31st F.T.E. student enrolment for that year.
c) There will be a minimum of 3 and no more than 5 Divisional Chairpersons per school based on the following formula: F.T.E. teachers less than or equal to 20 equals 3 F.T.E. teachers less than or equal to 30 equals 4 F.T.E. teachers greater than 30 equals 5.
d) The assignment of divisional chairpersons to their respective divisions will be determined by the Principal.
Parameters all payment-, mandate- and direct collect parameters that are supplied to the system from an external source can contain privacy sensitive information
Parameters. During each SCT, the following parameters shall be measured and recorded simultaneously for the Facility, at ten (10) minute intervals:
Parameters. The College, the Union, and Employees recognize the desirability of prompt resolution of complaints and grievances through an orderly process without stoppage of work or refusal to perform work. The process comprises three sequential stages: complaint, grievance, and arbitration. Except as provided in this article, the complaint stage is a prerequisite for proceeding to the grievance stage, and the grievance stage is a prerequisite to proceeding to the arbitration stage. For the purpose of this article only, “working day” shall mean Monday through Friday, excluding Holidays as set out in Article 35: Paid Holidays of this Collective Agreement.
