Designated Sum definition

Designated Sum means such sum as shall be directed by the Authority as soon as practicable after the determination of an approved use of system charging methodology in accordance with standard condition C4 (Charges for use of system).
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Designated Sum means such sum as shall be directed by the Authority as soon as
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Designated Sum means such sum as shall be directed by the Authority as soon as practicable after the determination of an approved Use of System Charging Methodology;
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Examples of Designated Sum in a sentence

  • The Trustees of the Designated Sum may at their discretion deduct the cost of funeral expenses from any lump sum death benefits and pay it to the person who incurred the funeral expenses.

  • Further during the said period of 21 years the Trustees of the Designated Sum may at any time pay or apply the designated sum and the income thereof or any part thereof respectively to or for the benefit of any person who in the opinion of the Trustees of the Designated Sum was wholly or in part dependent on the earnings of such Member at his or her death in such manner as the Trustees of the Designated Sum shall in their absolute discretion think fit.

  • The Designated Sum will be determined by the non-locational element of NGC’s charges.

  • The Authority shall be entitled to issue a direction pursuant to this standard condition at any time stating that, with effect from 1 April immediately following the issuing by the Authority of such a direction, the Designated Sum shall be equal to zero.

  • In the absence of a direction being issued by the Authority pursuant to paragraph 3 above, the Designated Sum shall be set equal to zero from 1 April 2008 until 31 March 2009.

  • Licence Condition: SLC C13: Adjustments to use of system charges (small generators) Respondent’s commentOfgem/DTI’s viewsParagraph 1 One respondent proposed that it should be made explicit that the Designated Sum can only be a positive discount and therefore cannot be negative.No change has been made.

  • When calculating charges for the provision of transmission network services to Eligible Generators the licensee shall set a charge in conformance with the use of system charging methodology in accordance with standard condition C4 (Charges for use of system) less a Designated Sum.


More Definitions of Designated Sum

Designated Sum means an amount equal to the greater of (A) zero and (B) the remainder of (x) the product of (1) the principal amount outstanding under the Loan at the time of the Posting, multiplied by (2) the number of full calendar months from the date of the Posting to and including the Maturity Date, multiplied by (3) the Interest Rate (as defined in the Note) divided by 12 less (y) the amount of any Acceptable Letter of Credit that is then issued in favor of Trustee as described in Section 1.6(a)(i).
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Designated Sum is defined in Section 1.6(b) of the Trust Agreement.
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Designated Sum means the sum of (i) $5,000,000, plus (ii) in the event that, subject to the terms and provisions of this Agreement, either Simula sells the outstanding capital stock of a Designated Company or a Designated Company sells all or substantially all of the assets of such Designated Company, an amount equal to the Net Proceeds of such sale minus the amount required to be repaid to CIT under the CIT Financing Agreement in connection with such sale.
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Designated Sum means such sum as shall be directed by the
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Related to Designated Sum

  • Designated facility means (a hazardous waste treatment, storage, or disposal facility which :

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Designated Site The internet website to which Diligence Files are uploaded as designated by the Depositor to the Mortgage Loan Sellers, initially located at xxx.xxxxxxxxxx.xxx.

  • Designated LIBOR Page means the display on Reuters Screen, LIBOR01 Page or any successor service or any page as may replace the designated page on that service or any successor service that displays the London interbank rates of major banks for U.S. Dollars.

  • Designated Payment Office means the Office of NYSERDA’s Controller, located at 00 Xxxxxxxx Xxxxxx, Xxxxxx, Xxx Xxxx 00000.

  • Designated Location means the agreed physical location identified in the applicable Notification Form at which where the server-based portion of the Application Software resides.

  • Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Participating Retail Store means any one of the Australian retail stores trading under the following trading names that is authorised by Breville to sell Participating Products and has been invited by the Promoter to participate in the Promotion:

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements: