Billing Months definition

Billing Months. (individually, a “Billing Month”) means the periods for which the Local Distribution Company bills the Host for the purchase of electricity; provided, that no period of time shall be considered a Billing Month hereunder unless such period occurs, or concludes, after the Commercial Operation Date of the first System installed under this Agreement.
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Billing Months. (individually, a "Billing Month") means each calendar month; provided, that no period of time shall be considered a Billing Month hereunder unless such period occurs, or concludes, after the Commercial Operation Date of the first System installed under this Agreement.
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Examples of Billing Months in a sentence

  • The “▇▇▇▇” for each Billing Month will be determined at the time the auction is completed based on the available Forward Market Prices and for the remaining Billing Months will be derived based on historical data.

  • The “mark” for each Billing Month will be determined at the time the auction is completed based on the available Forward Market Prices and for the remaining Billing Months will be derived based on historical data.

  • Subsequently, the differences between the available Forward Market Prices on the valuation date and the “mark” prices for the corresponding Billing Months will be used to calculate the daily credit exposures for each BGS-RSCP Supplier.

  • If the difference in the previously invoiced amounts minus the adjusted payment is a positive number, that difference shall offset amounts owing by Purchaser to Seller in subsequent Billing Month(s).

  • Subsequently, the differences between the available Forward Market Prices on the valuation date and the “▇▇▇▇” prices for the corresponding Billing Months will be used to calculate the daily credit exposures for each BGS-RSCP Supplier.

  • Subsequently, the differences between the available Forward Market Prices on the valuation date and the “▇▇▇▇” prices for the corresponding Billing Months will be used to calculate the daily credit exposures for each DS Supplier.

  • If such obstruction is installed by Purchaser or otherwise occurs and no emergency exists, and such obstruction has the effect of decreasing the Output of the System by more than one tenth of one percent (0.10%) of the Output Guarantee for the relevant Billing Year (as pro rated for a Billing Month basis) for a period of two (2) Billing Months or longer, the Parties shall promptly meet and discuss options for removal of said obstruction, if capable of removal.

  • The MtM Exposure Amount for a given Fixed Price Transaction will be equal to 1.1 times the sum of the MtM credit exposures across all Billing Months of such Fixed Price Transaction minus amounts due pursuant to such Fixed Price Transaction to such DS Supplier for the delivery of DS Supply.

  • Such revision shall incorporate the impact of the Prior Period Change(s) on RMR payments, including any impact resulting from the Credit Carryforward calculation for the current or previous Billing Months in the Contract Year.

  • Owner shall total for all Billing Months which are included on the Prior Period Change Worksheet, the amount due as a result of the calculation in paragraph (3) above for each Billing Month.