Settling Interchange Energy Imbalances Sample Clauses

Settling Interchange Energy Imbalances. The Parties shall settle Interchange Energy imbalances pursuant to subprocedure 9(d)-3.A., Settlement of Imbalances; provided if that subprocedure is rescinded pursuant to this Agreement, the Parties shall settle imbalances as follows. At the end of any Refill-hold Period when Coordinated System reservoirs reach the Settlement Criterion, any Loaned Interchange Energy return obligation as of July 31 of that calendar year shall terminate. The Receiving Party shall (i) credit interim cash advances received from the Supplying Party to Regular Interchange Energy imbalances, and (ii) pay the Supplying Party for any imbalances remaining as of July 31 of that calendar year pursuant to paragraph 14(a)(2), Regular Interchange Energy Imbalances. Upon such payment, the Receiving Party’s obligation to return Regular Interchange Energy imbalances to the Supplying Party shall be discharged.
AutoNDA by SimpleDocs
Settling Interchange Energy Imbalances. In the absence of an applicable long-term procedure, the Coordinating Group shall determine the rate according to the Formula 14 below. Formula 14 R = XY + Z Where, R = Rate. X = The heat rate, which is 10,000,000 BTU per megawatt hours. Y = Fuel price, which is the average cost in dollars per BTU of mainline interruptible or spot market gas price for the twelve-month average for the immediately preceding July through June at Sumas, Washington, determined by reference to Inside FERC or some similar publication in the event Inside FERC is no longer published. Z = An adder, which is initially four and three-quarters dollars per megawatt hour, and which shall be adjusted annually to reflect changes in the Portland, Oregon, CPI as reflected in the CPI for all urban consumers, published by the Bureau of Labor Statistics.

Related to Settling Interchange Energy Imbalances

  • Initiating Interconnection 4.1 If ENT determines to offer Telephone Exchange Services and to interconnect with Verizon in any LATA in which Verizon also offers Telephone Exchange Services and in which the Parties are not already interconnected pursuant to this Agreement, ENT shall provide written notice to Verizon of the need to establish Interconnection in such LATA pursuant to this Agreement.

  • One-Way Interconnection Trunks 2.3.1 Where the Parties have agreed to use One-Way Interconnection Trunks for the delivery of traffic from PCS to Verizon, PCS, at PCS’s own expense, shall:

  • Information regarding Interconnection Facilities 4.2.1 The SPD shall be required to obtain all information from the STU/CTU/concerned authority with regard to the Interconnection Facilities as is reasonably necessary to enable it to design, install and operate all interconnection plant and apparatus on the SPD’s side of the Delivery Point to enable delivery of electricity at the Delivery Point. The transmission of power up to the point of interconnection where the metering is done for energy accounting shall be the responsibility of the SPD at his own cost.

  • Pipelines Developer shall have no interest in the pipeline gathering system, which gathering system shall remain the sole property of Operator or its Affiliates and shall be maintained at their sole cost and expense.

  • Two-Way Interconnection Trunks 2.4.1 Where the Parties have agreed to use Two-Way Interconnection Trunks for the exchange of traffic between Verizon and VarTec, VarTec shall order from Verizon, and Verizon shall provide, the Two-Way Interconnection Trunks and the Entrance Facility, on which such Trunks will ride, and transport and multiplexing, in accordance with the rates, terms and conditions set forth in this Agreement and Verizon’s applicable Tariffs.

  • Unbundled Sub-Loop Distribution Intrabuilding Network Cable (USLD-INC) is the distribution facility owned or controlled by BellSouth inside a building or between buildings on the same property that is not separated by a public street or road. USLD-INC includes the facility from the cross connect device in the building equipment room up to and including the point of demarcation at the End User’s premises.

  • Loop Provisioning Involving Integrated Digital Loop Carriers 2.6.1 Where InterGlobe has requested an Unbundled Loop and BellSouth uses IDLC systems to provide the local service to the End User and BellSouth has a suitable alternate facility available, BellSouth will make such alternative facilities available to InterGlobe. If a suitable alternative facility is not available, then to the extent it is technically feasible, BellSouth will implement one of the following alternative arrangements for InterGlobe (e.g. hairpinning):

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2020-21, and as estimated costs for fiscal year 2022-23 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2022, for further allocation to federal grants and contracts performed by the respective county departments.

  • Interconnection Customer Payments Not Taxable The Parties intend that all payments or property transfers made by the Interconnection Customer to the Participating TO for the installation of the Participating TO's Interconnection Facilities and the Network Upgrades shall be non-taxable, either as contributions to capital, or as a refundable advance, in accordance with the Internal Revenue Code and any applicable state income tax laws and shall not be taxable as contributions in aid of construction or otherwise under the Internal Revenue Code and any applicable state income tax laws.

  • PIPELINE SERVICE FUND The Employer shall deduct from each employee covered by this Agreement twenty-five cents ($0.25) for each hour of work earned and remit it monthly to the Pipeline Service Fund.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!