Fuel Security Ledger definition

Fuel Security Ledger means any ledger required to be maintained by the Pool Funds Administrator in accordance with Clause 59;
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Examples of Fuel Security Ledger in a sentence

  • Following delivery to the Pool Funds Administrator of a Payment Instruction specifying a Fuel Security Payment, the Pool Funds Administrator shall enter in the Fuel Security Ledger of that Generator as a credit (a) the amount of the Fuel Security Payment, and (b) thereafter, any Fuel Security Interest in relation thereto.

  • Following delivery to the Pool Funds Administrator of a Payment Instruction specifying a Fuel Security Reimbursement, the Pool Funds Administrator shall enter in the Fuel Security Ledger of that Generator as a debit (a) the amount of the Fuel Security Reimbursement, and (b) thereafter, any Fuel Security Interest in relation thereto.

  • Any balance shown in the Fuel Security Ledger of a Generator shall, if it is a credit, be paid to or, if it is a debit, be paid by that Generator to the extent that it relates to a Payment Instruction on the basis provided for in that Payment Instruction.

  • The Pool Funds Administrator shall, unless it reasonably believes that it would be unlawful to do so, from time to time where possible set off any amounts shown as credits in the Fuel Security Ledger of a Generator against any amounts shown as debits in the Fuel Security Ledger of that Generator in the order in which they were entered.

  • In the event that any inaccuracy in a Fuel Security Ledger of a Generator is rectified, the Pool Funds Administrator shall advise that Generator and the Suppliers of the inaccuracy that was rectified.

  • Administrator at any time receives from a Generator or any Supplier a notice disputing the accuracy of the Fuel Security Ledger of that Generator, the Pool Funds Administrator shall consult with the Party giving the notice and use all reasonable endeavours to rectify any inaccuracy.

  • Administrator shall from the time that a Fuel Security Ledger is opened until it records a nil balance provide to each Generator and to each Supplier on the last Business Day of each calendar month a statement reflecting all entries recorded in the Fuel Security Ledger of that Generator over the course of the previous month.

Related to Fuel Security Ledger

  • Security Deposit Account has the meaning given in Section 5.1.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Security Account “Software”, and “Supporting Obligations”.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Clearing Account Agreement means that certain Clearing Account - Deposit Account Control Agreement dated the date hereof among Borrower, Lender and Clearing Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to funds deposited in the Clearing Account.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Financial Account means an account maintained by a Financial Institution, and includes:

  • Project Accounts means accounts referred to in and required to be established under the Senior Funding Agreements;

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Borrower’s Account shall have the meaning set forth in Section 2.8.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Completion Accounts means the consolidated balance sheet of the Group as at the Completion Date to be prepared in accordance with Schedule 8 (Completion Accounts);

  • Billing Account is the checking account from which all Service fees will be automatically debited.