Recalculation of Initial Historic Sample Clauses

Recalculation of Initial Historic. Firm Flow Values and Ratios
Sample 1
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Recalculation of Initial Historic. Firm Flow Values and Ratio Version: 0.0.0 Effective: 3/25/2011 The Firm Transmission Service and Designated Network Resource to customer load defined by the Historic Firm Flow calculation will be updated in the recalculation of Historic Firm Flow utilizing any new Designated Network Resources, updated customer loads, and new transmission facilities. The original historic Control Areas will be retained for the recalculation of Historic Firm Flow. New Designated Network Resources will be included in the recalculation to the extent these new Designated Network Resources have been arranged for the exclusive use of load within the historic Control Areas and to the extent the total impact of all Designated Network Resources does not exceed the historic Control Area impact of Designated Network Resources as of a “Freeze Date” (defined as April 1, 2004). Any changes to Designated Network Resources and/or the transmission system that increase transmission capability will be assessed in accordance with the Reciprocal Entities AFC Coordination procedures prior to the increasing of Historic Firm Flow related to those systems. The initial Historic Firm Flow calculated values and resulting Allocation ratios will be recalculated as seasonal cases are produced. This recalculation will utilize the same Firm Transmission Service reservations that were used in the initial Historic Firm Flow calculation. The same Firm Transmission Service reservations are used so that Market-Based Operating Entities that have their Firm Transmission Service internalized, grant fewer internal Firm Transmission Service reservations, or have their original Firm Transmission Service reservations end, because of their market operations, will retain at least the same level of Firm Transmission Service as in the initial Historic Firm Flow calculation. Therefore, the Firm Transmission Service component of the Historic Firm Flow will be frozen on the “Freeze Date” at the initially calculated level for both market and non-market entities. Any new Control Areas that are added to the Firm Flow calculation process for any Reciprocal Entity, or another Operating Entity, will use Firm Transmission Service reservations from the initial Historic Firm Flow calculation date to establish their Firm Transmission Service component of the Historic Firm Flow. As the recalculation for Historic Firm Flow is made for each time period, the higher of allocation value will be retained between the initial Historic Firm Flo...
Sample 1

Related to Recalculation of Initial Historic

  • Calculation of Interest The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable:

  • Promotion of Investments 1. Each Contracting Party shall promote investments in its territory by investors of the other Contracting Party and shall accept such investments in accordance with its legislation.

  • Promotion of Investment Member States shall cooperate in increasing awareness of ASEAN as an integrated investment area in order to increase foreign investment into ASEAN and intra-ASEAN investments through, among others:

  • Protection of Investments 1. All investments, whether direct or indirect, made by investors of one Contracting Party shall enjoy a fair and equitable treatment in the territory of the other Contracting Party.

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • F8 Extension of Initial Contract Period F8.1 The Authority may, by giving written notice to the Contractor, extend the Contract for a further period up to the date set out in the Form of Contract. The provisions of the Contract will apply throughout any such extended period.

  • Facilitation of Investment Member States shall endeavour to cooperate in the facilitation of investments into and within ASEAN through, among others:

  • Computation of Interest Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

  • Examination of Implementation 1. Without prejudice to the procedures set out in Article 188 (Compensation), once the period of time set out in paragraph 3 of Article 186 (Implementation of the Report) has expired, and there is disagreement between the disputing Parties as to the existence or consistency of the measures taken to comply with the Panel report, such dispute shall be referred to the original Panel wherever possible. If not possible, the procedure pursuant to Article 179 (Panel Selection) shall be followed to appoint a new Panel, in which event the periods set out thereof shall be reduced by half (22). 2. This Panel shall issue its report on the matter within 60 days after the date of the referral of the matter to it. When the Panel considers that it cannot provide its report within this timeframe, it shall inform the Parties in writing of the reasons for the delay together with an estimate of the period within which it will submit its report. Any delay shall not exceed a further period of 30 days unless the Parties otherwise agree.

  • Extension of Initial Contract Period 31.1 Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice. The provisions of the Contract will apply (subject to any Variation or adjustment to the Contract Price pursuant to clause 13) throughout any such extended period.

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