Delivery Margin definition

Delivery Margin means, for each Contracting Party, an amount established by Exchange from time to time in accordance with the applicable margin policies of the Exchange as implemented from time to time, as further described in Schedule C;
View Source
Delivery Margin means, for each Contracting Party, an amount established by Exchange from time to time in accordance with the applicable margin policies of the Exchange as implemented from time to time, as further described in Schedule “C” - Risk Management Policy;
View Source
Delivery Margin is the billing rate for a given Rate Schedule, less (1) any Commodity Component and (2) any Temporary Adjustment for such Rate Schedule. “Cumulative Delivery Margin” is the cumulative Delivery Margin paid by Producer at a given point, plus any Shortfall Payments made by Producer under this Section 3.8. At the end of each Term Year, NW Natural will (x) review Producer’s usage, (y) calculate the Cumulative Delivery Margin for that Term Year, and (z) determine if Producer meets the Minimum Delivery Margin Guarantee for that Term Year. If Producer fails to meet the Minimum Delivery Margin Guarantee for a Term Year, Producer will pay NW Natural the difference between the Minimum Delivery Margin Guarantee and the Cumulative Delivery Margin actually paid by Producer (“Shortfall Payment”). Shortfall Payments made under this Section 3.8 will be invoiced and paid consistent with NW Natural’s customary billing cycle. If this Agreement is terminated for any reason, (i) any remaining unpaid portion of the Minimum Delivery Margin Guarantee will be immediately due and payable by Producer to NW Natural, with any previously uncredited Shortfall Payments made by Producer credited toward this amount; or (ii) any Cumulative Delivery Margin amount at the time of termination in excess of the Minimum Delivery Margin Guarantee will be credited to Producer, but only to the extent of uncredited Shortfall Payments previously paid by Producer.
View Source

Examples of Delivery Margin in a sentence

  • The rate of interest on each Loan as from Closing to the date of the delivery of first of the Vessels from the Builder to the relevant New Buyer (“First Delivery Date”) is the Pre Delivery Margin.

  • If the Borrower fails to pay any amount payable by it under this Agreement on its due date, interest shall accrue on the overdue amount from the due date up to the date of actual payment (both before and after judgment) at a rate which is the aggregate of LIBOR, the Post Delivery Margin and [3] per cent per annum.

  • Delivery Margin Guarantee occurs when the cumulative Delivery Margin meets or exceeds the Minimum Delivery Margin Guarantee.

  • The rate of interest on each Loan for each Interest Period after First Delivery Date is the percentage rate per annum which is the aggregate of the: (a) Post Delivery Margin; and (b) LIBOR.

  • Producer is qualified for a construction allowance, also known as the Minimum Delivery Margin Guarantee, through use of the existing Rate Schedule X, for opportunity to reduce the cost of the Receipt Point Facilities down to the amount shown as Total Due in this Agreement, which is estimated to be $ based on the increased natural gas usage estimates at the Plant.


More Definitions of Delivery Margin

Delivery Margin is the billing rate for a given Rate Schedule, less (a) any Commodity Component and (b) any Temporary Adjustment for such Rate Schedule. “Cumulative Delivery Margin is the cumulative Delivery Margin paid by Customer at a given point during the Term, plus any shortfall paid by Producer under Section 3.2.4.
View Source
Delivery Margin means margin of a type and in an amount determined by SECDEX in accordance with these Rules in respect of Open Contracts;
View Source