Day-ahead Settlement Interval definition

Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.
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Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:
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Examples of Day-ahead Settlement Interval in a sentence

  • For each Day-ahead Settlement Interval during an Operating Day, the Office of the Interconnection shall calculate Spot Market Energy charges for each Market Participant as the difference between the sum of its Market Participant Energy Withdrawals scheduled times the Day-ahead System Energy Price and the sum of its Market Participant Energy Injections scheduled times the Day-ahead System Energy Price.

  • For each Day-ahead Settlement Interval, Market Participants shall be reimbursed for transmission losses resulting from all Market Participant Energy Injections scheduled in the Day-ahead Energy Market at the Day-ahead Loss Price applicable to each relevant location at which both the Market Participant injects energy and such energy is priced.

  • For each Day-ahead Settlement Interval, Transmission Loss Charges shall be assessed for transmission use scheduled in the Day-ahead Energy Market, calculated as the scheduled amount to be delivered multiplied by the difference between the Day-ahead Loss Price at the delivery point or the delivery interface at the boundary of the PJM Region and the Day-ahead Loss Price at the source point or the source interface at the boundary of the PJM Region.

  • For each Day-ahead Settlement Interval, Market Participants shall be charged for transmission losses resulting from all Market Participant Energy Withdrawals scheduled in the Day-ahead Energy Market at the Day-ahead Loss Price applicable to each relevant location at which both the Market Participant withdraws energy and such energy is priced.

Related to Day-ahead Settlement Interval

  • Settlement Interval has the meaning set forth in the CAISO Tariff.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Settlement Day means, in relation to a date, (i) with respect to a transfer of cash or other property (other than securities), the next Local Business Day and (ii) with respect to a transfer of securities, the first Local Business Day after such date on which settlement of a trade in the relevant securities, if effected on such date, would have been settled in accordance with customary practice when settling through the clearance system agreed between the parties for delivery of such securities or, otherwise, on the market in which such securities are principally traded (or, in either case, if there is no such customary practice, on the first Local Business Day after such date on which it is reasonably practicable to deliver such securities).

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of One Hundred Forty-Five Thousand Dollars ($145,000), including any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.