Cumulative Imbalance definition

Cumulative Imbalance has the meaning given in clause 8.2(a).
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Cumulative Imbalance means as of the end of any gas day, the sum of the total cumulative daily Imbalance Quantities outstanding at the start of the day (which shall be zero on the start date, but for each subsequent day shall be the Cumulative Imbalance Quantity carried over from the end of the previous day) plus the daily Imbalance Quantity for such day;
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Cumulative Imbalance has the meaning given in clause 8.3. Curtailment means a reduction in the provision of the Service in accordance with clause 17, and Curtail and Curtailed have corresponding meanings.
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Examples of Cumulative Imbalance in a sentence

  • To correct a Cumulative Imbalance and satisfy the Service Provider's operational requirements, the Shipper must amend the forecasts it provides under third party service agreements with operators of upstream facilities or submit change requests to its delivery nominations to the Service Provider.

  • The Service Provider will monitor and record a running total of the Shipper's daily Imbalance, at the end of each Day, for each Zone cumulating the Imbalances into an aggregated total (Cumulative Imbalance).


More Definitions of Cumulative Imbalance

Cumulative Imbalance means a cumulative imbalance arising pursuant to a TC ("Ecart de Bilan Cumulé" or "Ecart Cumulé");
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Cumulative Imbalance means the sum, whether positive or negative, of the uncorrected Draft Imbalances and Pack Imbalances incurred on each Day.
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Cumulative Imbalance means the sum of (1) any imbalance carried forward from an immediately preceding month to the next succeeding month, plus (2) any imbalance based on the delivery and receipt of gas hereunder during such succeeding month.
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Related to Cumulative Imbalance

  • Cumulative impact means the potential impact on the promotion of the licensing objectives of a significant number of licensed premises concentrated in one area. The cumulative impact of licensed premises on the promotion of the licensing objectives is a proper matter for a licensing authority to consider in developing its licensing policy statement.

  • Cumulative Loss Amount means the sum of the Monthly Loss Amounts less the sum of all Recovery Amounts.

  • Cumulative Retained Excess Cash Flow Amount means, at any date of determination, an amount equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for the Excess Cash Flow Periods ended on or prior to such date.

  • Cumulative Shared-Loss Amount means the excess, if any, of the Cumulative Loss Amount over the First Loss Tranche.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Cumulative Shared-Loss Payments means (i) the aggregate of all of the payments made or payable to the Assuming Institution under the Shared-Loss Agreements minus

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Cumulative Servicing Amount means the sum of the Period Servicing Amounts for every consecutive twelve-month period prior to and ending on the True-Up Measurement Date in respect of each of the Shared-Loss Agreements during which the loss- sharing provisions of the applicable Shared-Loss Agreement is in effect.