Deficient Quantity definition

Deficient Quantity means the volume of Deficient RINs.
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Deficient Quantity. Means the portion of the Cleared Quantity, measured in kW, that Applicant requests to be relieved of as a reduction to Applicant’s commitment to Load Relief contracted for by Applicant, which must be done on or prior to November 1st of the calendar year prior to a Capability Period, and for which an Early Exit Fee shall be paid.
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Deficient Quantity means the quantity of gas which the Defaulting Party failed to deliver or accept, as the case may be, on the Delivery Default Date.
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Examples of Deficient Quantity in a sentence

  • In cases where a Deficient Quantity exists, Nominating Agent shall make payments to Company within 10 calendar days of the statement date.

  • Any and all Aggregations so terminated shall be deemed to constitute Deficient Quantity and the Early Exit Fee in respect thereof shall be due and payable within five (5) business days after demand for payment therefor is given by the Company.

  • To declare a Deficient Quantity, the participant shall submit a request to TermandAutoDLM@nationalgrid.com If the participant declares a Deficient Quantity, it must pay the Early Exit Fee, which is calculated as the product of the Deficient Quantity, multiplied by the Clearing Price, multiplied by 10%, multiplied by the remaining years of the contract.

  • If accepted, the Cleared Quantity of Load Relief for each Aggregation shall become the Cleared Quantity associated with that Aggregation.Early Exit options and feesApplicants shall have the opportunity to declare a Deficient Quantity in an aggregation and pay an Early Exit Fee on or before November 1 prior to the forthcoming Capability Period.

  • It was,therefore, not open to the State to make mini classifications amongst persons in the same group and for that purpose reliance was placed on the judgment of the Apex Court in E.B. Chinnaiah v.

  • To declare a Deficient Quantity, Applicant shall submit a request to xxxxxxxxxxxxxx@xxxxx.xxx and submit payment for the Early Exit Fee at that time, which is calculated as the product of the Deficient Quantity, multiplied by the Incentive Rate, multiplied by ten percent (10%), multiplied by the remaining full Capability Periods of the contract (keeping in mind that notice of a Deficient Quantity must be provided prior to November 1st of the calendar year prior to a Capability Period).

  • Grantor shall not impose any Excess Quantity Charges or Deficient Quantity Charges on Grantee to the extent either such charge is occasioned by a force majeure event on Grantor's Distribution System.

  • Any and all Aggregations so terminated shall be deemed to constitute Deficient Quantity and the Early Exit Fee in respect thereof shall be due and payable within five (5) business days after demand invoice for payment therefore is given by the Company.

  • Early Exit Fee = (Deficient Quantity kW) × (Auction Clearing Price) × (10%) The Portfolio Quantity is the Cleared Quantity less the Deficient Quantity.

  • The Supplier acknowledges that any forecast provided by Allegro is illustrative only.


More Definitions of Deficient Quantity

Deficient Quantity means the portion of the Cleared Quantity, measured in kW, that a Demand Response Provider requests, on or prior to February 15, 2017 for the 2017 Capability Period and on or prior to February 15, 2018 for the 2018 Capability Period, to be relieved of its commitment for a DR Product and for which an Early Exit Fee shall be paid.
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Related to Deficient Quantity

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Scheduled Outage has the meaning given to it in the Grid Code;

  • 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.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.