Common use of Xxxx-to-Market Credit Exposure Methodology Clause in Contracts

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-Market Exposure Amount for the XXXX Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX Supplier. The total Xxxx-to-Market Exposure Amount will be equal to the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the Companies; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies using any method which the Companies deem appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2, including, but without limiting the preceding sentence, a methodology the Companies expect to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX each SSO Supplier. The total Xxxx-to-Market Exposure Amount will be equal to the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period limited to a rolling forward 24 month period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the Companies; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies using any method which the Companies deem appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2C-2, including, but without limiting the preceding sentence, a methodology the Companies expect to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX each SSO Supplier. The total Xxxx-to-Market Exposure Amount will be equal to 1.1 times the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period limited to a rolling forward 24 month period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the Companies; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies using any method which the Companies deem appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2C-1, including, but without limiting the preceding sentence, a methodology the Companies expect to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-to- Market Exposure Amount for the XXXX each SSO Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX each SSO Supplier. The total Xxxx-to-Market Exposure Amount will be equal to the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period limited to a rolling forward 24 month period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the CompaniesThe Dayton Power and Light Company; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies The Dayton Power and Light Company using any method which the Companies deem The Dayton Power and Light Company deems appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2C-2, including, but without limiting the preceding sentence, a methodology the Companies expect The Dayton Power and Light Company expects to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX each SSO Supplier. The total Xxxx-to-Market Exposure Amount will be equal to 1.1 times the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period limited to a rolling forward 24 month period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the Companies; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies using any method which the Companies deem appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2C-12, including, but without limiting the preceding sentence, a methodology the Companies expect to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-Market Exposure Amount for the XXXX Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX Supplier. The total Xxxx-to-Market Exposure Amount will be equal to the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the CompaniesDP&L; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies DP&L using any method which the Companies deem DP&L deems appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2, including, but without limiting the preceding sentence, a methodology the Companies expect DP&L expects to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. ‌ To calculate the Xxxx-to-Market Exposure Amount for the XXXX Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-Xxxx- to-Market Exposure Amount for the XXXX Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX Supplier. The total Xxxx-to-Market Exposure Amount will be equal to the sum of the Xxxx-Xxxx- to-Market Exposure Amounts for each Billing Month during the Original Delivery Period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will be determined by publicly available market quotations obtained by the CompaniesDP&L; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies DP&L using any method which the Companies deem DP&L deems appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2, including, but without limiting the preceding sentence, a methodology the Companies expect DP&L expects to use to derive off-peak Forward Market Prices.

Xxxx-to-Market Credit Exposure Methodology. To calculate the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier, the following xxxx-to-market credit exposure methodology will be used. The “xxxx” for each Billing Month will be determined at the time the Solicitation is completed based on the then prevailing Forward Market Prices. At the time the Solicitation is completed, the Xxxx-to-Market Exposure Amount for the XXXX each SSO Supplier shall be equal to zero. Subsequently, the differences between the prevailing Forward Market Prices on a valuation date and the “xxxx” prices will be used to calculate the Xxxx-to-Market Exposure Amounts for the XXXX each SSO Supplier. The total Xxxx-to-Market Exposure Amount will be equal to the sum of the Xxxx-to-Market Exposure Amounts for each Billing Month during the Original Delivery Period starting from this Agreement's Effective Date, as applicable. Forward Market Prices will limited to a rolling forward 24 month period be determined by publicly available market quotations obtained by the Companies; provided, however, if such quotations are not publicly available, Forward Market Prices will be determined by the Companies using any method which the Companies deem appropriate and which reasonably reflects forward market pricing conditions in PJM. The methodology for calculation of the Xxxx-to-Market Exposure Amount is illustrated in the example (using hypothetical numbers) in Appendix B-2C-2, including, but without limiting the preceding sentence, a methodology the Companies expect to use to derive off-peak Forward Market Prices.