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 5.3(d) of this Agreement.
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Deficit Party shall have the meaning set forth in Section 7.4(b)(ii)(A).
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Examples of Deficit Party in a sentence

  • While Surplus and Deficit Parties may reallocate their EAELs between Periods in the Critical Period pursuant to paragraph 6(a)(1), Load Data, a Surplus Party may not submit EAELs that would show a deficit in any Period in the Critical Period and a Deficit Party cannot submit EAELs that would show a surplus in any Period in the Critical Period.

  • The Deficit Party shall, at the Excedent Party’s sole cost and expense, as mutually agreed by the Parties, do all such lawful acts and things and sign all such lawful deeds and documents as the Excedent Party may reasonably request to enable the Deficit Party to avail itself of any Applicable Laws (including notably any double taxation treaties) with the goal of paying the sums due to the Excedent Party hereunder without deducting any Withholding Taxes.

  • The Excess Party shall issue an invoice to the Deficit Party in the amount of the Quarterly Excess.

  • Synthesis of cobalt doped titania nano material assisted by gemini surfactant: Characterization and application in degradation of Acid Red under visible light irradiation.

  • 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 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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Related to Deficit Party

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. 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 the 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 the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • 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.

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  • 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 its Restricted Subsidiaries, and “Borrower Party” means any one of them.

  • Loan Party means the Borrower and each Guarantor.

  • Significant Restricted Subsidiary means any Restricted Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the date of this Indenture.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower 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 means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.