Deficit Party definition

Deficit Party means a Party that has an Estimated Adjusted Energy Load that is less than the sum of its (i) Estimated Firm Energy Load and (ii) commitments under this Agreement to deliver firm energy to other Parties from its Firm Resources, minus its firm rights under this Agreement to receive energy from other Parties’ Firm Resources.
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Deficit Party shall have the meaning set forth in Section 7.4(b)(ii)(A). I.22
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Deficit Party for such Calendar Quarter and the Party having the higher Party Net Amount for the applicable Calendar Quarter being the “Surplus Party” for such Calendar Quarter; and
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Examples of Deficit Party in a sentence

  • HPP Banja utilizes a head of 77 m between 175 masl and 95 masl and will be operated as a peaking plant when warranted.

  • A lecture delivered at the University of Kansas, USA, sponsored by the Kansas African Studies Centre to the Miriam‟s Circle Group of Students from Free State High School, Lawrence, Kansas, travelling to Kenya.♦ March 31st, 2010 - “Voter Information Deficit, Party Identity and Political Perceptions in Kenya”.


More Definitions of Deficit Party

Deficit Party shall have the meaning set forth in Section 5.3(d) of this Agreement.
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Related to Deficit Party

  • Borrower Party Affiliate With respect to a borrower, a mortgagor, a manager of a Mortgaged Property or a restricted mezzanine holder, (a) any other person controlling or controlled by or under common control with such borrower, mortgagor, manager or restricted mezzanine holder, as applicable, (b) any other person owning, directly or indirectly, 25% or more of the beneficial interests in such borrower, mortgagor or manager, as applicable, or (c) any other person owning, directly or indirectly 25% or more of the beneficial interests in such restricted mezzanine holder. For the purposes of this definition, “control” when used with respect to any specified person means the power to direct the management and policies of such person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Borrower Party means any one of them.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Partnership Group Member means any member of the Partnership Group.

  • Group Member means a member of the Partnership Group.

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Borrower as defined in the preamble hereto.

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • leprosy cured person means a person who has been cured of leprosy but is suffering from—

  • Ultimate Parent means a Company, which owns not less than fifty-one percent (51%) equity either directly or indirectly in the Parent and Affiliates.

  • Borrower Affiliate shall have the meaning set forth in the Lead Securitization Servicing Agreement; provided that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer to a “Borrower Affiliate” as defined in the related Non-Lead Securitization Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

  • Borrower Parties means the collective reference to the Borrower and the Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Loan Party means any one of them.

  • Significant Restricted Subsidiary means any Restricted Subsidiary, or group of Restricted Subsidiaries, that would, taken together, be a “significant subsidiary” as defined in Article 1, Rule 1-02 (w)(1) or (2) of Regulation S-X promulgated under the Securities Act, as such regulation is in effect on the Issue Date.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with any Loan Party is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Affected Person means a SEF applicant whose admission application is declined or is conditioned or a Person whose status as a Participant is terminated as set forth in Rule 303(e).

  • Connected Person in relation to a company, means:

  • Tax Group has the meaning set forth in Section 7.06(h)(iii).