Balancing Charges definition

Balancing Charges means the Daily Imbalance Charge(s) and the System Imbalance Charge(s);
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Balancing Charges means the amount chargeable to a Balancing Group Manager by NCG under the TCs if that Balancing Group Manager had failed to balance its Balancing Group in the relevant hour and Day solely by reason of a quantity of Natural Gas equal to the difference between the Contract Quantity and the Delivered Quantity assuming a Balancing Group tolerance of zero per cent (0 %) and that the Balancing Group had not booked an Additional Balancing Service;
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Balancing Charges means any charges determined by First Gas and payable by the Interconnected Party pursuant to section 8 of the Code; Balancing Credits means any credits determined by First Gas and due to the Interconnected Party pursuant to section 8 of the Code; Xxxx Rate means, on any Business Day, the 90-Day Rate published by the Reserve Bank of New Zealand for the weekly period in which the Business Day falls;
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Examples of Balancing Charges in a sentence

  • For billing purposes, the Periodic BGSS and Monthly BGSS charges are adjusted for Balancing Charges as presented in the Rate Summaries at the end of this Tariff.

  • Users acknowledge that it is not feasible to make any adjustment (beyond what is provided for in paragraph (a)) in respect of any amount by which such gas may have contributed to the User's Daily Imbalance for or Energy Balancing Charges payable in respect of any Day.

  • The amount of gas retained by the Company shall be a percentage equal to the percentage of lost and unaccounted-for gas experienced in the Company's sales services during the billing month.REVENUE ACCOUNTINGRevenues received from Balancing Charges and Transitional Cost Charges shall be credited in the calculation of the Purchased Gas Charge as set forth in General Service Provision No. 16.OTHER PROVISIONSThe provisions for the EMERGENCY OR STAND-BY SERVICE of RATE SCHEDULE NO.

  • The Transporter shall be Cash Neutral with respect to the settlement of all Balancing Charges and Scheduling Charges.

  • The difference between the amounts received or receivable and the amounts paid or payable by National Grid NTS in respect of Balancing Charges and certain other amounts in each month is payable to or recoverable from relevant Users in accordance with this paragraph 4.

  • For the purposes of paragraphs 4.5.3(a)(v) and 4.5.3(b)(iv) any amount therein referred to shall be included in the month in which National Grid NTS makes or receives payment of such amount, failing which in the month in which invoiced Balancing Charges in respect of the Day on which such amount accrued become due for payment pursuant to Section S.

  • This Section X is independent of and shall apply separately from the provisions of Section V3 (which relates to indebtedness of Users other than in respect of Energy Balancing Charges).

  • For the purposes of this Section X " Security" means letter of credit or cash by way of security for a User's indebtedness for Energy Balancing Charges, in the forms specified in, and provided and documented in accordance with any applicable requirements of, the Energy Balancing Credit Rules.

  • In this Section X " Energy Balancing Invoice" means an Invoice Document in respect of any Energy Balancing Charges or interest thereon.

  • The Company shall not charge any Maximum Daily Excess Balancing Charges if the Excess Daily Imbalance is anticipated to benefit the distribution systems daily balancing position as determined by Company in its sole discretion.


More Definitions of Balancing Charges

Balancing Charges means any charges determined by First Gas, and payable by the Interconnected Party (as in respect of any Delivery Point at which an OBA Party), pursuant to section 8 of applies, determined in accordance with the Code; Balancing Credits means any credits receivable by the Interconnected Party in respect of any Delivery Point at which an OBA applies, determined by First Gas and due to the Interconnected Party pursuant to section 8 of in accordance with the Code; Bill Rate means, on any Business Day, the 90-Day Rate published by the Reserve Bank of New Zealand for the weekly period in which the Business Day falls;
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Balancing Charges means Utility fees, costs or charges and penalties assessed for failure to satisfy the Utility’s balancing and/or nomination requirements. “Prior Notice” is defined as forty-eight (48) hours before the start of the Gas Day for which the material variation in usage will apply. “Gas Day” means a period of 24 consecutive hours as defined by the Utility. Buyer will make any payment due pursuant to this Section within five (5) Business Days of the date of Seller's invoice.
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Balancing Charges means the amount chargeable in respect of a Day by the Relevant Network Operators under the TCs to a Shipper with a negative Daily Imbalance equal solely to the excess of the Contract Quantity over the Delivered Quantity, assuming that the Shipper has not booked an Optional Balancing Service;
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Balancing Charges means the amount chargeable in respect of a Day by the Relevant Network Operator under the TC to a Shipper with a negative Daily Imbalance equal solely to the excess of the Contract Quantity over the Delivered Quantity, assuming the Shipper has a tolerance in the main network or Balancing Zone, as applicable, of zero per cent and that the Shipper has not booked an Optional Balancing Service;
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Balancing Charges means the amount chargeable to a Shipper by the Relevant Network Operator under the TC if that Shipper had failed to balance its entry quantities and exit quantities in the main network, in the case of the TIGF TC, and in a Balancing Zone, in the case of the GRTgaz TC, solely by an amount equal to the difference between the Contract Quantity and the Delivered Quantity assuming the Shipper has a tolerance in the main network or Balancing Zone, as applicable, of zero per cent and that the Shipper has not booked an Optional Balancing Service; for the avoidance of doubt, a Balancing Charge shall not include any amount chargeable or charged to a Shipper in respect of a Cumulative Imbalance and shall, as at the date of publication of this PEG Appendix Version 2.0 and by way of illustration only, be for the purposes of the GRTgaz Balancing Zones equal to the amount charged by GRTgaz for the Daily Imbalance Deficit ("Déficit de Bilan Journalier");
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Related to Balancing Charges

  • operating charge means any amount charged to a client by a registered firm in respect of the operation, transfer or termination of a client’s account and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Restructuring Charges means any charges or expenses in respect of restructuring or consolidating any business, operations or facilities, any compensation or headcount reduction, or any other cost savings, of any Persons or businesses either alone or together with the Company or any Restricted Subsidiary, as permitted by GAAP or Regulation S-X under the Securities Act.

  • Financing Costs means for each calendar day the product of:

  • Recurring Charges means where you allow a Merchant to bill your Account for a specified or unspecified amount, at regular or irregular intervals for goods or services;

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • parking charge means the charge paid by drivers to leave a vehicle in a parking place;

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Non-Recurring Charges means any charges imposed by the TDSP or other third parties on a non-recurring basis for services, repairs or additional equipment needed for Customer’s electric service.

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Transmission Charges means the charges payable to TSP by Long Term Transmission Customer(s) pursuant to the TSA, as adopted by the Appropriate Commission;

  • Access Charges means the sum payable under the Access Agreement and/or this RAO agreed by the Operators to be paid by the Access Seeker to the Access Provider for providing the Access Service, the indicative Access Charges are as per Appendix C hereof which rate is exclusive of GST which shall be payable also by the Access Seeker.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Delivery charges means charges by the seller for preparation and delivery to a location designated by the purchaser of tangible personal property or services. Delivery charges include, but are not limited to, transportation, shipping, postage, handling, crating, and packing. Beginning September 1, 2004, delivery charges do not include the charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser. If a shipment includes both exempt property and taxable property, the seller shall allocate the delivery charge using 1 of the following methods:

  • Water Charges means service charges in respect of the provision of water.