Settlement Calculations Sample Clauses
Settlement Calculations. In order to optimise the notification of the respective electricity consumption schedules, the Marketer shall install, at its cost and expense, a specific software application by which the electricity consumption schedules may be send and unforeseen incidents may also be resolved. In turn, in order to provide the best possible detailed information, the Marketer shall provide a software application for the downloading of provisional settlements.
Settlement Calculations. The NGL Bank settlement calculations to be performed by the Administrator shall involve a process that is intended to estimate the monthly theoretical gross processing margin economics for each Shipper’s natural gas stream. For purposes of this Agreement, such monthly theoretical gross processing margin economics shall be calculated as follows:
a) A shipper’s revenue from theoretical processing shall be calculated by first determining the differences between such shipper’s Production Point NGL components upstream from that Production Point’s Receipt Point, adjusted for phase change attributable to Retrograde Condensate and injected condensate, if any, and the weighted average NGL components for all of the Production Points upstream of the various Receipt Points on Transporter’s Facility, adjusted for phase change attributable to Retrograde Condensate and injected condensate, if any. The differences between a shipper’s Production Point NGL components and the weighted average NGL components for all of the Production Points upstream from the various Receipt Points on Transporter’s Facility shall then be adjusted by applying representative component recovery factors to provide a likely NGL volume which would be available after theoretical processing (“Theoretical NGL Recovery”). Such representative component recovery factors shall be determined by using the allocated recoveries from the allocation statements of the gas plants which process gas delivered from Transporter’s Facility to interstate pipelines which, in turn, deliver the gas to the processing plants (“plants”) and once such representative component recovery factors are determined, same shall be weighted according to the volume of gas delivered from Transporter’s Facility to the Plants compared to the total volume of gas delivered from Transporter’s Facility. Each month, new representative component recovery factors shall be calculated using the aforementioned procedure. The Theoretical NGL Recovery for each individual NGL component shall then be multiplied by the representative Plant lease settlement basis and the representative sales price for each individual NGL component to yield a sum to be known as the “Theoretical Revenue” for each individual NGL component. For purposes of this Agreement, the representative Plant lease settlement basis shall be eighty percent (80%), which may be adjusted from time-to-time at the Administrator’s reasonable discretion. For purposes of this Agreement, the represe...
Settlement Calculations. Individual settlement allocations shall be made in the amounts set forth in Exhibit A. The amounts allocated to each Plaintiff in Exhibit A shall be split equally between 1099 and W2 income.
Settlement Calculations. Individual settlement allocations shall be made in the amounts as determined using the methodology set forth in Paragraph
Settlement Calculations. Exhibit 9.01(b) CI Values of Initial Stores Exhibit 9.06 Applicable Setup Cost Refund Exhibit 10.01 Saks Marks Exhibit 10.04 Household Marks
Settlement Calculations. The JPT shall perform the activities set out in this Section 4.5.2 on a quarterly basis.