Accumulated Imbalance definition

Accumulated Imbalance means the accumulated imbalance calculated under clause 9.3 and, if applicable, adjusted under clause 9.9.
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Accumulated Imbalance means the accumulation of all IMBALANCES which is recorded in the OBA if any in terms of kWh.
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Accumulated Imbalance means, in respect of User, at a point in time:
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Examples of Accumulated Imbalance in a sentence

  • At the end of any Gas Day, the Accumulated Imbalance is the Accumulated Imbalance at the end of the previous Gas Day plus the Shipper's Daily Imbalance on the Gas Day.

  • On each Gas Day, the Shipper must endeavour to maintain an Accumulated Imbalance of zero, including restricting the quantity of Gas it Delivers to the Operator at an Inlet Point, and restricting the quantity of Gas it Receives from the Operator at an Outlet Point.

  • Accumulated Imbalance Notice has the meaning given in clause 9.4. Accurate means, with respect to any measurement of a quantity of Gas, that the measurement is inaccurate to a lesser extent than the relevant limit prescribed by clause 15.13(a)(i) or 15.13(a)(ii), as the case may be.

  • Before 13:30 hours on each Gas Day, except the Contract Commencement Date, the Operator must provide to the Shipper notice (Accumulated Imbalance Notice) of its Accumulated Imbalance and Daily Imbalance at the end of the preceding Gas Day, and the amounts so notified must, subject to the Operator receiving the information necessary to make an allocation of Gas Deliveries or Receipts or both to shippers as contemplated in clause 6.4(c) be materially accurate.

  • Accumulated Imbalance means the accumulated imbalance calculated under clause 9.3 and, if applicable, adjusted under clause 9.8. Accumulated Imbalance Limit has the meaning given in clause 9.5(a).

  • If Shipper wishes to exchange all or part of its Accumulated Imbalance for an equal but opposite quantity of another Transportation Facility User’s imbalance, it must give effect to the exchange through the In-Pipe Trade Service and not in accordance with clause 12.5 of the Standard Terms.

  • Before 13:00 hours on each Gas Day, except the Capacity Start Date, the Operator must provide to the Shipper notice (Accumulated Imbalance Notice) of its Accumulated Imbalance and Daily Imbalance at the end of the preceding Gas Day, and the amounts so notified must, subject to the Operator receiving the information necessary to make an allocation of Gas Deliveries or Receipts or both to shippers as contemplated in clause 6.4(c) be materially accurate.

  • Accumulated Imbalance means the accumulated imbalance calculated under clause 9.3 and, if applicable, adjusted under clause 9.9. Accumulated Imbalance Limit has the meaning given in clause 9.5(a).

  • If such sale is not completed within 30 Days of the date that User receives Notice of the Accumulated Imbalance from Service Provider, the amount will be forfeited by User without entitlement to compensation.

  • On receipt of such notices GGT must adjust in each User's Accumulated Imbalance and relevant charges to reflect the exchange.


More Definitions of Accumulated Imbalance

Accumulated Imbalance means the accumulated imbalance calculated under clause 9.3 and (if applicable) adjusted under clause 9.9.
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Related to Accumulated Imbalance

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Accumulated contributions means the sum of all

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.