Firm Flow Limit definition

Firm Flow Limit means the maximum value of Firm Flows an entity can have on a Coordinated Flowgate based on procedures defined in Sections 4 and 5 of the Congestion Management Process (Attachment 1 of the Joint Operating Agreement).
Firm Flow Limit means the maximum value of Firm Flows an entity can have on a Coordinated Flowgate or Reciprocal Coordinated Flowgate, as applicable, as calculated under the CMP.

Examples of Firm Flow Limit in a sentence

  • Firm Market Flow – The portion of Market Flow on a Coordinated or Reciprocal Coordinated Flowgate related to contributions from the native load serving aspects of the dispatch (constrained as appropriate by the Firm Flow Limit).

  • Firm Flow Limit shall mean the maximum value of Firm Flows an entity can have on a Coordinated Flowgate, based on procedures defined in Sections 4 and 5 of the Congestion Management Process.

  • The following process and timing will be used for coordinating the ATC/AFC calculations and Firm Flow Limit calculations/Allocations between Reciprocal Entities.

  • Firm Flow Limit – The maximum value of Firm Flows an entity can have on a Coordinated or Reciprocal Coordinated Flowgate, based on procedures defined in Sections 4 and 5 of this document.

  • Firm Flow Limit – The maximum value of Firm Flows an entity can have on a Coordinated or Reciprocal Coordinated Flowgate.

  • Forward Firm Flow Limits for 5% Market Flows will be determined by subtracting impacts between 0% and 5% in the additive direction from the Forward Firm Flow Limit for 0% Market Flows.

  • The proposed amendments allow each RTO to choose one of three calculation methodologies to account for import and export transactions: (1) Point-of-Receipt (“POR”)/Point-of-Delivery (“POD”); (2) Marginal Zone; or (3) Slice-of-System, and apply that methodology consistently to each RTO’s calculation of Market Flow, Firm Flow Entitlement (“FFE”) and Firm Flow Limit (“FFL”), and tagged transaction impact calculations within the Interchange Distribution Calculator (“IDC”) .

  • Forward Firm Flow Limits for 5% GTL flows will be determined by subtracting impacts between 0% and 5% in the additive direction from the Forward Firm Flow Limit for 0% GTL flows.

  • When the Firm Flow Limit forecast is calculated to be greater than Market Flow for current hour or next hour, actual Firm Flow Limit (used in TLR5) will be set equal to Market Flow.

  • MISO will ramp up Firm Flow Limit (FFL) methodology discussions once FFE is closer to filing.

Related to Firm Flow Limit

  • Daily Maximum Limit means the maximum allowable discharge of a pollutant during a calendar day. Expressed as units of mass, the daily discharge is cumulative mass discharged over the course of the day. Expressed as a concentration, it is the arithmetic average of all measurements taken that day.

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Bag limit means the maximum number of game animals, game

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Underwriters’ Maximum Number means, for any Piggyback Registration, Demand Registration or other registration which is an underwritten registration, that number of securities to which such registration should, in the opinion of the managing underwriters of such registration in the light of marketing factors, be limited.

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Daily bag limit as used in s. NR 19.275, means the maximum number of a turtle species or group of turtle species which may be taken by a person each day.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Nominated Demand Resource Value means the amount of load reduction that a Demand Resource commits to provide either through direct load control, firm service level or guaranteed load drop programs. For existing Demand Resources, the maximum Nominated Demand Resource Value is limited, in accordance with the PJM Manuals, to the value appropriate for the method by which the load reduction would be accomplished, at the time the Base Residual Auction or Incremental Auction is being conducted.

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Underwritten Net Cash Flow means, as of any date of determination, the excess of: (i) for the twelve (12) month period ending on such date, the sum of (A) the lesser of (1) GPR multiplied by 94.0%, and (2) Actual Rent Collections, and (B) Other Receipts; over (ii) for the twelve (12) month period ending on such date, the sum of (A) Operating Expenses, adjusted to reflect exclusion of amounts representing non-recurring expenses, (B) Underwritten Capital Expenditures and (C)

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Availability Block means $15,000,000.

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Sub-Limit Defined in the Fee and Pricing Letter, which definition is incorporated herein by reference.

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.