When Daily Short Sample Clauses

When Daily Short. Term Power and Energy is purchased by the supplying Party from a Third Party specifically for the reserving Party, the reserving Party shall pay the supplying Party all of the following which are applicable: (a) the demand charge paid therefor by the supplying Party to the Third Party for such electric power and energy; (b) when IPL is the supplying Party: (1) for any day such Daily Short-Term Power and Energy is reserved, a demand charge per kilowatt to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved, at a rate of up to $0.058 per kilowatt reserved (such charge pertains to the reservation of transmission). In the event the amount of such Daily Short-Term Power and Energy is reduced by IPL, said demand charge shall be reduced by the sum of (i) one-sixteenth (1/16) of the said agreed upon daily rate per kilowatt of the reduction for each hour in any day during which such reduction is in effect, such reduction not to exceed the agreed upon demand charge for such day, and (ii) the reduction, if any, in the demand charge paid by IPL to the Third Party; (2) for each kilowatt-hour purchased by IPL from a Third Party to supply Daily Short-Term Energy delivered during such period, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by IPL, plus one (1) mill per kilowatt-hour (for difficult to quantify energy-related costs), plus any transmission losses resulting on IPL*s system on account of the transaction, and plus any taxes incurred by IPL on account of the transaction; (c) when PSI is the supplying Party: (1) Non-firm transmission service per the provisions of the CINergy Services, Inc., FERC Electric Tariff, Original Volume No. 3, Non-Firm Transmission Servixx Xxxxxxxx Xxxxxx - XXX (xx xxx xxxxxxxxx xxxxxxxxxxxx xxxxxx of similar service) must be obtained. In the event the amount of such Daily Short-Term Power and Energy is reduced by PSI, said demand charge shall be reduced by the sum of (i) one-sixteenth (1/16) of the said agreed upon daily rate per megawatt of the reduction for each hour in any day during which any such reduction is in effect, such reduction not to exceed the agreed upon demand charge for such day, and (ii) the reduction, if any in the demand charge paid by PSI to the Third Party; (2) for each megawatt-hour purchased by PSI from a Third Party to supply Daily Short-Term Energy delivered during such period, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by PSI, plus ...
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Related to When Daily Short

  • Cash Shortages No employee may be required to make up cash register shortages unless he or she is given the privilege of checking the money and daily receipts upon starting and completing the work shift, and unless the employee has exclusive access to the cash register during the work shift and unless cash is balanced daily, except as specified below. No employee may be required to make up register shortages when Management exercises the right to open the register during the employee's work shift, unless the register is opened in the presence of the employee and the employee is given the opportunity to verify all withdrawals and/or deposits. No employee shall be held responsible for cash shortages unless he or she has exclusive access to his or her cash.

  • Collateral Shortfalls In the event that amounts on deposit in the Collateral Fund at any time are insufficient to cover any withdrawals therefrom that the Company is then entitled to make hereunder, the Purchaser shall be obligated to pay such amounts to the Company immediately upon demand. Such obligation shall constitute a general corporate obligation of the Purchaser. The failure to pay such amounts within two Business Days of such demand (except for amounts to cover interest on a Mortgage Loan pursuant to Sections 2.02(d) and 2.03 (b)), shall cause an immediate termination of the Purchaser's right to make any Election to Delay Foreclosure or Election to Foreclose and the Company's obligations under this Agreement with respect to all Mortgage Loans to which such insufficiencies relate, without the necessity of any further notice or demand on the part of the Company.

  • No Shorting The Purchaser or any of its affiliates and investment partners has not, will not and will not cause any person or entity, to directly engage in “short sales” of the Company’s Common Stock as long as the Note shall be outstanding.

  • Minimum Amounts and Maximum Number of Eurodollar Tranches Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

  • Total Contract Amount The contract total shall not exceed $350,000. Pricing shall be per Exhibit E attached.

  • No Payment Shall Exceed Lawful Rate Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any interest or other amounts under or in connection with this Agreement or otherwise in respect of the Obligations in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation.

  • Longer/Shorter Length of Coverage If none of the above rules determine the order of benefits, the benefits of the plan that covered a member or subscriber longer are determined before those of the plan that covered that person for the shorter term.

  • Total Realized Loss (or Amount of Any Gain The total derived from subtracting line 22 from 13. If the amount represents a realized gain, show the amount in parenthesis ( ). Prepared by: __________________ Date: _______________ Phone: ______________________ Email Address:_____________________ Servicer Loan No. Servicer Name Servicer Address XXXXX FARGO BANK, N.A. Loan No._____________________________ Borrower's Name: _________________________________________________________ Property Address: _________________________________________________________

  • REPORT OF CONTRACT USAGE All fields of information shall be accurate and complete. The report is to be submitted electronically via electronic mail utilizing the template provided in Microsoft Excel 2003, or newer (or as otherwise directed by OGS), to the attention of the individual shown on the front page of the Contract Award Notification and shall reference the Group Number, Award Number, Contract Number, Sales Period, and Contractor's (or other authorized agent) Name, and all other fields required. OGS reserves the right to amend the report template without acquiring the approval of the Office of the State Comptroller or the Attorney General.

  • Optional Daily Usage File Upon written request from <<customer_name>>, BellSouth will provide the Optional Daily Usage File (ODUF) service to <<customer_name>> pursuant to the terms and conditions set forth in this section.

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