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

  • The following Terms and Conditions shall apply to Unbundled Service: The Terms and Conditions for disposition of Cumulative Imbalance Account balances shall be as specified in the applicable Service Contracts.

  • Cumulative Imbalance (referred to as EBC): quantity of energy, expressed in MWh (GCV 25°C), as defined in the Sub-clause entitled “Cumulative Imbalances and Allocation Difference Accounts” in Section D2.

  • Cumulative Imbalance threshold as defined in the Sub-clause entitled “Authorised Cumulative Imbalance” in Section D2.

  • Cumulative Imbalance Excess (referred to as EXBC): quantity of energy, expressed in MWh (GCV 25°C), as defined in the Clause entitled “Calculating Daily Imbalances” in Section D2.

  • The concern for physical health was shown by all companies in their attempt to ensure that the working place minimizes the spread of covid-19 by establishing social distancing measures, reducing size of physical gatherings, and ensuring high accessibility to hand sanitizer in the physical office.

  • Any Cumulative Imbalance of Shipper resulting from such failure of Transporter shall not trigger the rights of Transporter to adjust Shipper’s relevant Delivery Point Scheduled Quantities or relevant Redelivery Point Scheduled Quantities each as defined and in accordance with the Operating Code.

  • To correct its Cumulative Imbalance and satisfy the Service Providers' 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 Providers.

  • 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 "Cumulative Imbalance" shall be the absolute value of the accumulation of the daily differences between the actual quantities received from Customer at the Point(s) of Receipt, adjusted for appropriate Fuel Retainage Quantity, and the actual quantities taken by Customer at the Point(s) of Delivery.

  • For firm Service Agreements, the "Cumulative Imbalance Percentage" on any Day shall be equal to one hundred (100) times the Cumulative Imbalance divided by Customer's average MDTQ over the previous thirty (30) Days.


More Definitions of Cumulative Imbalance

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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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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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 and when determining applications under the Act.

  • Cumulative Interest Expense means, in respect of any Restricted Payment, the sum of the aggregate amount of Consolidated Interest Expense of the Issuer and the Restricted Subsidiaries for the period from and after January 1, 2005 to the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available and immediately preceding the proposed Restricted Payment.

  • Cumulative Net Losses means, as of any date of determination, the aggregate cumulative principal amount of all Receivables that have become Liquidated Receivables since the Initial Cutoff Date, net of all Net Liquidation Proceeds and Recoveries with respect to such Receivables as of last day of the most recently ended Collection Period.

  • Cumulative Compounded RFR Rate means, in relation to a Loan (or any part of it) accruing interest at the Compounded Reference Rate, the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15C (Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

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

  • Cumulative Net Loss Ratio means, as of any Payment Date, the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of Receivables that became Defaulted Receivables plus all the Cram Down Losses (without duplication) which occurred during the period from the Cut-Off Date through the end of the related Collection Period reduced by the amount of Liquidation Proceeds with respect to Defaulted Receivables received during such period which are applied to principal of the Defaulted Receivables to (ii) the Pool Balance as of the Cut-Off Date.

  • Cumulative Realized Losses As of any date of determination, the aggregate amount of Realized Losses with respect to the Mortgage Loans.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Cumulative Net Realized Tax Benefit for a Taxable Year means the cumulative amount of Realized Tax Benefits for all Taxable Years of the Corporate Taxpayer, up to and including such Taxable Year, net of the cumulative amount of Realized Tax Detriments for the same period. The Realized Tax Benefit and Realized Tax Detriment for each Taxable Year shall be determined based on the most recent Tax Benefit Schedule or Amended Schedule, if any, in existence at the time of such determination.

  • Cumulative Excess Cash Flow means the sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2013 and Excess Cash Flow for each succeeding completed fiscal year.

  • Cumulative Retained Excess Cash Flow Amount means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for all Excess Cash Flow Periods ending after the Closing Date and prior to such date.

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

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • Cumulation Period means the period from, and including, the first RFR Banking Day of that Interest Period to, and including, that Cumulated RFR Banking Day;

  • Cumulative Loss Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred from the Cut-off Date to the last day of the calendar month preceding the month in which such Distribution Date occurs and the denominator of which is the Cut-off Date Pool Principal Balance of the Mortgage Loans.

  • Cumulative Insurance Payments As defined in the Series Supplement.

  • 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 Common Unit Arrearage means, with respect to any Common Unit, whenever issued, and as of the end of any Quarter, the excess, if any, of (a) the sum resulting from adding together the Common Unit Arrearage as to an Initial Common Unit for each of the Quarters within the Subordination Period ending on or before the last day of such Quarter over (b) the sum of any distributions theretofore made pursuant to Section 6.4(a)(ii) and the second sentence of Section 6.5 with respect to an Initial Common Unit (including any distributions to be made in respect of the last of such Quarters).

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

  • Net Realized Losses For any Class of Certificates and any Distribution Date, the excess of (i) the amount of Realized Losses previously allocated to that Class over (ii) the amount of any increases to the Class Certificate Principal Balance of that Class pursuant to Section 5.08 due to Recoveries.

  • 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.

  • REMIC 2 Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) the Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest LTAA minus the Marker Rate, divided by (b) 12.

  • Cumulative Loss Trigger Event With respect to any Distribution Date, a Cumulative Loss Trigger Event exists if the quotient (expressed as a percentage) of (x) the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Prepayment Period divided by (y) the Cut-off Date Pool Principal Balance exceeds the applicable cumulative loss percentages set forth below with respect to such Distribution Date: Distribution Date Occurring In Cumulative Loss Percentage ------------------------------ -------------------------- May 2008 through April 2009 1.400% for the first month, plus an additional 1/12th of 1.700% for each month thereafter (e.g., 2.250% in November 2008) May 2009 through April 2010 3.100% for the first month, plus an additional 1/12th of 1.700% for each month thereafter (e.g., 3.950% in November 2009) May 2010 through April 2011 4.800% for the first month, plus an additional 1/12th of 1.400% for each month thereafter (e.g., 5.500% in November 2010) May 2011 through April 2012 6.200% for the first month, plus an additional 1/12th of 0.700% for each month thereafter (e.g., 6.550% in November 2011) May 2012 and thereafter 6.900%

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

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