Cumulative Steering Difference Correction definition

Cumulative Steering Difference Correction means a quantity of gas which the Operators agree in accordance with paragraph 4.2 should be deducted from or added to the Aggregate Net Confirmed Quantity for the purposes of reducing the CSD;
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Cumulative Steering Difference Correction means a quantity of gasthat the Parties agree should be added to the Aggregate Net Confirmed Quantity for a Gas Flow Day in accordance with paragraph 5 in order to determine the Agreed Target Quantity, and may be positive or negative in value.
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Cumulative Steering Difference Correction means a quantity of gas that the Parties agree should be added to the Aggregate Net Confirmed Quantity for a Gas Flow Day in accordance with paragraph 5 in order to determine the Agreed Target Quantity, and may be positive or negative in value.
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Examples of Cumulative Steering Difference Correction in a sentence

  • The Operators may agree to exclude the Cumulative Steering Difference Correction from the Agreed Target Quantity in respect of a Gas Flow Day in respect of which an Exceptional Event or a Gas Deficit Emergency has been notified.

  • Formatted: Indent: Left: 1.27 cm, No bullets or numberingplus, in each case with effect from the time on the Day that the CSD is established in accordance with paragraph 3.1, the Cumulative Steering Difference Correction for the Day.

  • The Parties may decide to exclude the Cumulative Steering Difference Correction or any part of it from the Agreed Target Quantity in respect of a Gas Flow Day in respect of which an Exceptional Event has been notified.

  • This change will aim to provide both National Grid and GNI (UK) with a much more accurate representation of End of Day quantities earlier in the Gas Day.The current methodology states that GNI must submit an ATQ which is equal to the aggregate net of shipper nominations plus a Cumulative Steering Difference Correction (CSDC).

  • SDD is the Steering Difference for Day D; and CSDCD sis the Cumulative Steering Difference Correction incorporated into the Agreed Target Quantity in respect of Day D.

  • The Cumulative Steering Difference for Day (D) shall be calculated as:CSDD-1 + SDD + CSDCDwhereCSD D-1 is the Cumulative Steering Difference as established following notification of the Metered Quantity on D-1.SDD is the Steering Difference for Day D; and Formatted: Font: 6 ptFormatted: LeftCSDCD sis the Cumulative Steering Difference Correction incorporated into the Agreed Target Quantity in respect of Day D.

  • These steps of need, identification of practices, and good working models were done for each of the initiatives in the ECB Project (Phase I – as mentioned previously).

  • Discretionary decisions including: provision of tax incentives; decisions on land use; authorization of foreign investments; sale of the right to extract natural resources; decisions relating to privatization of state-owned enterprises; and provision of monopoly power over import, export or domestic activities.

  • Target Quantity for each Day shall be the Aggregate Net Confirmed Quantity plus the Cumulative Steering Difference Correction for the Day.

  • GNI1 221 3339821GNI1 221 3339821 SDD is the Steering Difference for Day D; and CSDCD sis the Cumulative Steering Difference Correction incorporated into the Agreed Target Quantity in respect of Day D.


More Definitions of Cumulative Steering Difference Correction

Cumulative Steering Difference Correction means a quantity of gas
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Related to Cumulative Steering Difference Correction

  • Contract for Differences (“CFD”) shall mean a contract, which is a contract for differences by reference to variations in the price of an Underlying Asset. A CFD is a Financial Instrument.

  • 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.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

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

  • Portfolio Adjusted Yield means, with respect to any Monthly Period, the average of the percentages obtained for each of the three preceding Monthly Periods by subtracting the Base Rate for such Monthly Period from the Portfolio Yield for such Monthly Period.

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.