Excess Imbalance Charge definition

Excess Imbalance Charge means the excess imbalance charge rate set out in Schedule 1;

Excess Imbalance Charge means the charge payable by the Shipper identified in clause 9.5(e) and clause 9.6(b).

Excess Imbalance Charge means the charge referred to in clause 19.3;

Examples of Excess Imbalance Charge in a sentence

• If the absolute value of the Shipper's Accumulated Imbalance at the end of a Gas Day exceeds the Outer Accumulated Imbalance Limit for the Gas Day just finished then, subject to clause9.6(c), the Shipper must pay an Excess Imbalance Charge at the Excess Imbalance Rate for each GJ of Gas in excess of the Shipper's Outer Accumulated Imbalance Limit in accordance with clause 20.

• Excess Imbalance Charge means the charge payable by the Shipper identified in clause 9.5(c).

• The Shipper must pay an Excess Imbalance Charge at the Excess Imbalance Rate for each GJ of Gas in excess of the Shipper's Accumulated Imbalance Limit in accordance with clause 20 in respect of each Gas Day that the absolute value of the Shipper's Accumulated Imbalance exceeds the Shipper's Accumulated Imbalance Limit until the absolute value of the Shipper's Accumulated Imbalance is less than, or closer to the Accumulated Imbalance Limit (as the Operator sees fit).

• If the absolute value of Shipper's Accumulated Imbalance at the end of a Gas Day exceeds the Outer Accumulated Imbalance Limit for the Gas Day just finished, then subject to clause 9.6(c), Shipper must pay an Excess Imbalance Charge at the Excess Imbalance Rate for each GJ of Gas in excess of Shipper's Outer Accumulated Imbalance Limit in accordance with clause 20.

• No Excess Imbalance Charge under clause 9.5(c) is payable in respect of that part (if any) of the imbalance that is attributable to the Operator, for any reason not caused by the Shipper or any person supplying Gas to the Shipper, not Receiving from the Shipper at any Inlet Point a quantity of Gas equal to the Shipper's Daily Nomination for that Inlet Point.

More Definitions of Excess Imbalance Charge

Excess Imbalance Charge means the charge referred to in clause 17.3 and the General Charges Schedule.

Excess Imbalance Charge means the charge referred to in clause 19.3(a); 'Excess Imbalance Charge Rate' means the rate referred to in clause 19.3(b); 'Excess Zone Variation' has the meaning given in clause 19.7(b);

Excess Imbalance Charge has the meaning given in clause 9.5. Excess Imbalance Rate is the amount so described in Schedule 1. Execution Date means the date on which the last of the parties to do so executes this Contract.

Excess Imbalance Charge means the charge payable by Shipper identified in clauses 9.5(e) and 9.6(b).

Excess Imbalance Charge means the charge payable by Xxxxxxx identified in clauses 9.5(e) and 9.6(b).

Excess Imbalance Charge means the charge referred to in clause 16.3 and the General Charges Schedule. Exchange means the gas trading exchange established by AEMO under the National Gas Law and Part 22 of the National Gas Rules.

Excess Imbalance Charge means the excess imbalance charge rate set out inSchedule 1;