Forward Value definition

Forward Value means in relation to a Forward Contract, the amount payable by National Grid to the Surrender User as determined in accordance with UNC TPD Section B2.3;
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Forward Value means, for any Eligible Property:
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Forward Value means, for any Eligible Property, the projected Value of such Eligible Property as of six (6) months from such date of determination.
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Examples of Forward Value in a sentence

  • Subject to Clauses 4.2, following the service of an Acceptance Notification by National Grid, an amount equal to the Forward Value shall be payable by National Grid to the Surrender User in accordance with Uniform Network Code, Transportation Principal Document, Section S by way of an Invoice Credit adjustment to an Invoice Document issued in the calendar month immediately following the calendar month in respect of which the Forward Capacity relates.

  • National Grid shall be obliged to pay to the Surrender User the Forward Value in accordance with UNC TPD Section B2.3.

  • National Grid shall be obliged to pay to the Surrender User the Forward Value in accordance with UNC TPD Section B2.3. 3.2 An Acceptance Notification may be given only in respect of the whole of the Forward Delivery Period specified in the Surrender Offer but may be given in respect of all or part only of the Surrender Amount.

  • Therefore, when we speak of “crediting” the sum representing the Forward Value to the Ledger Balance (in the preceding paragraph), there is no actual transfer of moneys, eg, from one Company bank account to another Company bank account.

  • Please note that any failure to maintain an annual Support Plan for the Software in effect continuously from the date the Software is purchased (including but not limited to any temporary lapses cured by late renewal) will render the Software ineligible for the DataCore Carry Forward Value Protection Program.

  • The aggregate sum of the Unrealised Profits, Forward Value and Ledger Balance in respect of all the transactions that had been entered into by the customer would be reflected in the “Financial Statement” section of the Daily FX Activity Statement as the customer’s “Total Account Equity”.

  • In contrast, however, the sums represented in the Forward Value have “accru[ed] to” and have been “received on account of” the Customers for the reasons set out above and therefore, prima facie, a statutory trust has arisen in favour of the Customers as beneficiaries.

  • These are:(1) the Unrealised Profits; (2) the Forward Value; and (3) the Ledger Balance.

  • The Unrealised Profits and Forward Value in dispute for all the Customers amount to a total of about US$13.4m.

  • The transferring of the Forward Value into the Ledger Balance on the Value Date is, in our view, more of a formality rather than a separate and distinct type of transaction.

Related to Forward Value

  • Cash price means the price measured in dollars at which a seller of a motor vehicle would in good faith sell to the buyer or to any other buyer under like circumstances, and the buyer would in good faith buy from the seller, the motor vehicle that is the subject matter of an installment sale contract if the sale were a sale for cash instead of an installment sale.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.