Settlement of Yearly Sample Clauses

Settlement of Yearly. Monthly and Daily Auctions in the direction from Slovenia to Austria Auction Participant who fails to settle his liabilities pertaining to allocated capacities may be excluded from any further auctions by ELES until the aforementioned participant has settled all their liabilities. Auction Participant is obliged to settle all liabilities arising from the difference between Auction Price set on the first auction at which the taken capacity was allocated and the Auction Price set on the following Auctions where the taken capacity is once again allocated.
Sample 1
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Settlement of Yearly. Monthly and Daily Auctions in the direction from Slovenia to Austria 31 12. Use of Allocated Capacity 35 12.1 Use of Allocated Capacities acquired through Yearly and Monthly Auctions 35 12.2 Use of Allocated Capacities acquired through Daily Auctions 36 12.3 Intraday Procedure 37 13. Nomination Process 37 14. Curtailment 38 15. Secondary Market 39 15.1. Transfer of Allocated Capacities 39 15.2. Resale of Allocated Capacities 40 16. Waiver of Right to Compensate 41 17. Limitation of Liability 41 18. Force Majeure 41 19. Miscellaneous 42 20. Confidentiality 42 21. Amendments and Changes 43 22. Applicable law and disputes 43
Sample 1
Settlement of Yearly. Monthly and Daily Auctions in the direction from Slovenia to Austria 31 12. Use of Allocated Capacity 35 12.1 Use of Allocated Capacities acquired through Yearly and Monthly Auctions 35 12.2 Use of Allocated Capacities acquired through Daily Auctions 35 12.3 Intraday Procedure 36 13. Nomination Process 36 14. Curtailment 37 15. Secondary Market 38 15.1. Transfer of Allocated Capacities 38 15.2. Resale of Allocated Capacities 39 16. Waiver of Right to Compensate 40 17. Limitation of Liability 40 18. Force Majeure 40 19. Miscellaneous 40 20. Confidentiality 41 21. Amendments and Changes 41 22. Applicable law and disputes 42 23. Notices 42 ANNEX 1: Auction Procedure 44 ANNEX 2: Scheduled dates of the yearly and monthly auctions in 2010 (indicative) 45 ANNEX 3a: Austrian public holidays 2010 46 ANNEX 3b: Slovenian public holidays 2010 47 ANNEX 4: Form for the direct debit authorization 48 ANNEX 5: Registration Form 49 ANNEX 6: Capacity Auction System - Manual 50 ANNEX 7: Form of Acknowledgement of “Membership of recognized Austrian Balance Group” 51 ANNEX 8: Form for “1:1” – system notification 52 ANNEX 9: Slovenian Bank Guarantee 53 ANNEX 10: Irrevocable authorization 55 ANNEX 11: Application for participation in auctions for cross-border transfer capacities allocation 56 ANNEX 12: Bank Guarantie Austria 59 ANNEX 12: Form for Bank Guarantee 59 ANNEX 13: Statement of Acceptance 60
Sample 1

Related to Settlement of Yearly

  • SETTLEMENT OF DIFFERENCES (1) Differences arising out of the interpretation, operation and implementation of this Agreement, at any and all levels of participation, will be settled amicably through consultation between the Parties.

  • Rollovers of Exxon Xxxxxx Settlement Payments If you receive a qualified settlement payment from Exxon Xxxxxx litigation, you may roll over the amount of the settlement, up to $100,000, reduced by the amount of any qualified Exxon Xxxxxx settlement income previously contributed to a Traditional or Xxxx XXX or eligible retirement plan in prior taxable years. You will have until your tax return due date (not including extensions) for the year in which the qualified settlement income is received to make the rollover contribution. To obtain more information on this type of rollover, you may wish to visit the IRS website at xxx.xxx.xxx.

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Settlement Payments On the first Business Day of each month ("Interest Settlement Date"), Collateral Agent will advise each Lender by telephone, fax or telecopy of the amount of such Lender's share of interest and fees on each of the Loans as of the end of the last day of the immediately preceding month. Provided that such Lender has made all payments required to be made by it under this Agreement, Collateral Agent will pay to such Lender, by wire transfer to such Lender's account (as specified by such Lender on the signature page of this Agreement or the applicable Assignment and Acceptance Agreement, as amended by such Lender from time to time after the date hereof or in the applicable Assignment and Acceptance Agreement) not later than 3:00 p.m. Chicago time on the next Business Day following the Interest Settlement Date, such Lender's share of interest and fees on each of the Loans. Such Lender's share of interest on each Loan will be calculated for that Loan by adding together the Daily Interest Amounts for each calendar day of the prior month for that Loan and multiplying the total thereof by the Interest Ratio for that Loan. Such Lender's share of the Unused Line Fee described in subsection 2.3(A) shall be an amount equal to (a)(i) such Lender's average Revolving Loan Commitment during such month, less (ii) the sum of (x) such Lender's average Daily Loan Balance of the Revolving Loans, plus (y) such Lender's Pro Rata Share of the average daily aggregate amount of Letter of Credit Reserve, in each case for the preceding month, multiplied by (b) the percentage required by subsection 2.3(A). Such Lender's share of all other fees paid to Collateral Agent for the benefit of Lenders hereunder shall be paid and calculated based on such Lender's Commitment with respect to the Loans on which such fees are associated. To the extent Collateral Agent does not receive the total amount of any fee owing by Borrowers under this Agreement, each amount payable by Collateral Agent to a Lender under this subsection 9.8(A)(4) with respect to such fee shall be reduced on a pro rata basis. The Collateral Agent and the Lenders hereby acknowledge and agree that in no event shall the aggregate fee payments received by such Lenders pursuant to this subsection 9.8(A)(4) exceed the total amount of fees pursuant to subsection 2.3.

  • Settlement Benefits WHAT YOU GET

  • Settlement Period (a) For recording time worked, there shall be a settlement period of four weeks.

  • Settlement Terms Settlement Currency: USD

  • Settlement of Disputes between the Contracting Parties 1. Disputes between the Contracting Parties concerning the interpretation or application of this Agreement should, if possible, be settled through diplomatic channels.

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Resettlement Carrying out resettlement and rehabilitation of Displaced Persons in connection with the implementation of Parts 1, 2 and 3 of the Project. SCHEDULE 2

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