Imbalance Quantity definition

Imbalance Quantity on a day means the positive imbalance quantity or the negative imbalance quantity on that day as specified in regulation 15;

Imbalance Quantity on any Day, shall mean the Positive Imbalance Quantities or the Negative Imbalance Quantities and shall be determined in accordance with the provisions of the Operating Code.

Imbalance Quantity has the meaning set forth in Section 2.5 of this Agreement.

Examples of Imbalance Quantity in a sentence

• The Shipper shall be bound to pay or be entitled to receive (as appropriate) daily imbal- ance charges in relation to his Daily Imbalance Quantity for each Gas Day.

• To calculate daily imbalance charges for each Shipper, Energinet shall multiply the Ship- per’s Daily Imbalance Quantity by the applicable price determined in accordance with below.

• Energinet calculates a Daily Imbalance Quantity for each Shipper for each Gas Day in accordance with the following formula: Daily Imbalance Quantity = deliveries – offtakes.

• In case the Estimated Balance and the Calculated Balance through the Gas Day is in the Green Zone the Daily Imbalance Quantity shall be settled at Neutral Gas Price adjusted in accordance with adjustment step 1 as set out in the Price List.

• The daily imbalance charge shall be based on the Daily Imbalance Quantity calcu- lated from monthly Validated Data.

More Definitions of Imbalance Quantity

Imbalance Quantity on a day means the positive imbalance quantity or the negative imbalance quantity as specified in regulation 16;

Imbalance Quantity means the difference, each Day, between the total number of joules contained in the Gas which was received by Transporter at the Point of Receipt in such Day, less Unaccounted For Gas, and the total number of joules contained in the Gas which Transporter delivered to Customer at the Point of Delivery in such Day;

Imbalance Quantity has the meaning set forth in Section 6.14.

Imbalance Quantity means the difference between the total number of GJ contained in the Gas which was received by AUI at the Point of Receipt, less Unaccounted-For-Gas, and the total number of GJ contained in the Gas which AUI delivered to Customer at the Point of Delivery;

Imbalance Quantity will exist when the Customer's usage is greater or less than Customer's Total Deliveries on a daily basis or during the Nomination Period.

Imbalance Quantity. RNG”)" means in respect of a Shipper that portion of a Shipper's Final Daily Imbalance Quantity in respect of a Day that is 25% of that Shipper’s Final Entry Allocation at each RNG Entry Point at which the Shipper is a Registered Shipper;

Imbalance Quantity. Non-RNG”)" means that portion of a Shipper's Final Daily Imbalance Quantity in respect of a Day that is greater than the Imbalance Quantity (RNG) for the Shipper on that Day;