FERC Refund Determination definition

FERC Refund Determination means the FERC order or orders, in one or more of the FERC Proceedings establishing the obligations, if any, that Settling Supplier owes to Non-Settling Participants for the Settlement Period (or any portion thereof), and effectuating the payment of refunds, if any, taking into account all Mitigation, adjustments, disgorgement, charges, and allowances, or determining that Settling Supplier has no refund obligations to Non-Settling Participants regardless of whether such order or orders is/are subject to requests for stay, rehearing, or appeal, provided that such order or orders has/have not been stayed pending such rehearing or appeal.
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FERC Refund Determination means the FERC order establishing the amount of Reliant Refunds owed to Non-Settling Participants, regardless of whether such order is subject to requests for stay, rehearing or appeal, provided that such order has not been stayed pending such rehearing or appeal.
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FERC Refund Determination means the FERC order or orders, in the EL00-95 Proceeding, the Lockyer v. FERC Remand, the BPA v. FERC Remand, and/or the CPUC v. FERC Remand establishing the obligations, if any, that Settling Supplier owes to Non-Settling Participants for the Settlement Period (or any portion thereof), and effectuating the payment of refunds, if any, taking into account all Mitigation, adjustments, disgorgement, charges, and allowances, or determining that Settling Supplier has no refund obligations to Non-Settling Participants regardless of whether such order or orders is/are subject to requests for stay, rehearing, or appeal, provided that such order or orders has/have not been stayed pending such rehearing or appeal.
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Examples of FERC Refund Determination in a sentence

  • Refund Excess” means the amount, if any, by which the funds deposited in the Settling Supplier Refund Escrow for refunds and interest to Non-Settling Participants based on the Allocation Matrix exceeds the amounts needed to satisfy all refund awards made to Non-Settling Participants for any particular period, e.g., the Pre- October Period, the Pre-January 18, 2001 Period, or the Post-January 17, 2001 Period, as determined by FERC in the FERC Refund Determination and the FERC Interest Determination.

  • Refund Excess” means the amount, if any, by which the funds deposited in the Williams Refund Escrow for refunds and interest to Non-Settling Participants based on the Allocation Matrix exceeds the amounts needed to satisfy all refund awards made to Non-Settling Participants for any particular period, e.g., the Pre-Refund Period or the October-January Refund Period, as determined by FERC in the FERC Refund Determination and the FERC Interest Determination.

  • Refund Excess” means the amount, if any, by which the funds deposited in the Settling Supplier Refund Escrow for refunds and interest to Non- Settling Participants based on the Allocation Matrix exceeds the amounts needed to satisfy all refund awards made to Non-Settling Participants for any particular period, e.g., the Pre-October Period, the Pre-January 18, 2001 Period, or the Post-January 17, 2001 Period, as determined by FERC in the FERC Refund Determination and the FERC Interest Determination.

  • If FERC determines that Enron owes refunds pursuant to the FERC Refund Determination or interest pursuant to the FERC Interest Determination to any Non-Settling Participant, it shall be paid first from the amounts retained in relation to Non-Settling Participants in the Enron Refund Escrow, until such funds are exhausted, with any balance to be paid by Enron.

  • If the FERC Refund Determination is changed on rehearing, appeal, or remand in a way that changes the amount of refunds NCPA is ordered to pay to Non-Settling Participants, then, subject to Section 5.8, the California Parties shall be responsible for paying any increase in refunds owed to Non-Settling Participants and shall be entitled to the benefits of any decrease in refunds owed to Non- Settling Participants.

  • Refund Excess” means the amount, if any, by which the funds deposited in the Settling Supplier Refund Escrow for refunds and interest to Non-Settling Participants based on the Allocation Matrix exceeds the amounts needed to satisfy all refund awards made to Non-Settling Participants for any particular period, e.g., the Pre-October Period, the Pre-January 18, 2001 Period, or the Post-January 17, 2001 Period, as determined by FERC in the FERC Refund Determination and the FERC Interest Determination.

  • Amounts specified on the FERC Refund Allocation Matrix as payable to Market Participants who, by not making the election provided in Article 9, become Non-Settling Participants will be retained in the Reliant Refund Escrow until issuance of the FERC Refund Determination.

  • Following the date of the FERC Refund Determination, but prior to the date on which refunds are to be paid pursuant to the FERC Refund Determination, the ISO and PX shall determine the portion of the Unsettled Reliant Refund Amounts that, absent this Agreement, would be deemed to be owed to each Market Participant that is entitled to receive refunds (“Unsettled Participant Refund Amount”).

  • If neither FERC nor the court of appeals specifies the time and manner for such payments, then such payments shall be made by wire transfer within twenty (20) Business Days after the date that the applicable FERC or court of appeals order changing the FERC Interest Determination, the FERC Allowances Determination, the FERC Receivables Determination, or the FERC Refund Determination has become final and no longer subject to appeal.

  • Such proceeds will be distributed from the Settling Supplier Refund Escrow to each of the Settling Participants and/or, in the case of amounts allocated to any Non-Settling Participants, retained until they are paid pursuant to the FERC Refund Determination and the FERC Interest Determination.


More Definitions of FERC Refund Determination

FERC Refund Determination means the FERC order or orders in the EL00- 95 Proceeding, the BPA v. FERC Remand, and/or the CPUC v. FERC Remand establishing refunds owed to Non-Settling Participants attributable to NCPA transactions in the California Markets during the Settlement Period (or any portion thereof), taking into account all Mitigation, adjustments, disgorgement, charges, and allowances, or determining that no such refunds are owed to Non- Settling Participants, regardless of whether such order or orders is/are subject to requests for stay, rehearing, or appeal, provided that such order or orders has/have not been stayed pending such rehearing or appeal.
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FERC Refund Determination means the FERC order or orders in the EL00- 95 Proceeding, the BPA v. FERC Remand, and/or the CPUC v. FERC Remand establishing refunds owed to Non-Settling Participants attributable to NCPA transactions in the California Markets during the Settlement Period (or any portion thereof), taking into account all Mitigation, adjustments, disgorgement, charges, and allowances, or determining that no such refunds are owed to Non- Settling Participants, regardless of whether such order or orders is/are subject to requests for stay, rehearing, or appeal, provided that such order or orders has/have not been stayed pending such rehearing or appeal.
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Related to FERC Refund Determination

  • Dividend Determination Date means, for the purposes of the definition of “Dividend”, the date on which the number of Ordinary Shares or, as the case may be, amount of other property or assets, which may be issued or delivered is, or is capable of being, determined, and where determined by reference to prices or values or the like on or during a particular day or during a particular period, the Dividend Determination Date shall be deemed to be such day or the last day of such period, as the case may be;

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Administrative merits determination means certain notices or findings of labor law violations issued by an enforcement agency following an investigation. An administrative merits determination may be final or be subject to appeal or further review. To determine whether a particular notice or finding is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • Adverse Benefit Determination means any of the following:

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Expert Determination the process described in Paragraph 6 of Schedule 8.3 (Dispute Resolution Procedure);

  • Self-Determination means a philosophy and process by which individuals with developmental disabilities are empowered to gain control over the selection of support services that meet their needs. The basic principles of self-determination are:

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date, in respect of the first Subsequent Reset Period, the second Business Day prior to the Second Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • return decision means an administrative or judicial decision or act, stating or declaring the stay of a third-country national to be illegal and imposing or stating an obligation to return;

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Flood Elevation Determination means a determination by the Administrator of the water surface elevations of the base flood, that is, the flood level that has a one percent or greater chance of occurrence in any given year.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • ABR Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Adverse determination shall have the meaning set forth in Section 19.7.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • Event Determination Date means either:

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).