Imbalance Receivable definition

Imbalance Receivable means that quantity of natural gas liquids as is owed to SAND HILLS and SOUTHERN HILLS with respect to HOLDINGS’ and MIDSTREAM’S respective ownership interest in the Pipeline Systems and attributable to time periods prior to the Effective Time.
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Imbalance Receivable means that quantity of gas owed to TXU with respect to the Assets applicable to any period before the Effective Time. “Indemnified Party” is defined in Section 7.5(a).
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Imbalance Receivable means that quantity of gas owed to TXU with respect to the Assets applicable to any period before the Effective Time.
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Examples of Imbalance Receivable in a sentence

  • The Imbalance Receivable shall be for the sole benefit of HOLDINGS and MIDSTREAM, and the Imbalance Payable shall be the sole obligation of HOLDINGS and MIDSTREAM.

  • The Imbalance Receivable shall be for the sole benefit of SELLER, and the Imbalance Payable shall be the sole obligation of SELLER.


More Definitions of Imbalance Receivable

Imbalance Receivable means an Imbalance related to a Contract owed by a Third Party to DEFS.
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Imbalance Receivable means that quantity of natural gas or natural gas liquids as is owed SELLER with respect to the SELLER Interests under agreements relating to the Facilities and attributable to time periods prior to the Adjustment Time.
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Imbalance Receivable means an account receivable for an Imbalance owed by a Third Person to an LLC. "Indemnified Party" or "Indemnitee" shall have the meaning given such term in Section 10.4(a). "Indemnifying Party" or "Indemnitor" shall have the meaning given such term in Section 10.4(a). "Independent Accountants" shall mean PriceWaterhouseCoopers. "Insurance" shall have the meaning give such term in Section 6.14. "Interest Rate" shall mean a per annum rate of interest equal to the lesser of (a) the prime rate of interest by Bank of America plus one percent (1%), which rate shall change when and as such prime rate changes, or (b) the maximum non-usurious rate of interest permitted to be charged under applicable Law. "ISDA Agreement" shall mean an ISDA Master Agreement between DENGL and GSRLLC in the form of the attached Exhibit C. "Laws" shall mean all applicable statutes, laws (including common law), regulations, rules, rulings, ordinances, orders, restrictions, requirements, writs, judgments, injunctions, decrees and other official acts of or by any Governmental Authority. "Lien" shall mean any lien, mortgage, pledge, claim, charge, security interest or other encumbrance, option or defect on title. 8 "Limited Partnership Agreement" shall mean the First Amended and Restated Agreement of Limited Partnership of DCP dated as of December 7, 2005. "LLCs" shall mean GSRLLC, GSRI and Pine Tree. "Loss" or "Losses" shall mean any and all damages, demands, payments, obligations, penalties, assessments, disbursements, claims, costs, liabilities, losses, causes of action, and expenses, including interest, awards, judgments, settlements, fines, fees, costs of defense and reasonable attorneys' fees, costs of accountants, expert witnesses and other professional advisors and costs of investigation and preparation of any kind or nature whatsoever. "Material Adverse Effect" shall mean a single event, occurrence or fact, or series of events, occurrences or facts, that, alone or together with all other events, occurrences or facts (a) would have an adverse change in or effect on the LLCs or the Assets (including the cost to remedy, replace or obtain same) taken as a whole, in excess of $3,400,000 or (b) would result in the prohibition or material delay in the consummation of the transactions contemplated by this Agreement, excluding (in each case) matters that are generally industry-wide developments or changes or effects resulting from changes in Law or general economic, regulatory or politica...
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Imbalance Receivable means an account receivable for an Imbalance owed by a Third Person to an LLC.
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Imbalance Receivable means that quantity of gas owed to Seller under service agreements with respect to the Assets as of the Effective Date.
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Imbalance Receivable means the value of any volumetric imbalance owed by any Affiliate of Buyer to Sellers as of the Effective Time based upon 99% of the Houston Ship Channel Index as of the Effective Time less $.025/MMBtu.
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Related to Imbalance Receivable

  • Transferred Receivable means a Purchased Receivable or a Contributed Receivable.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Transferred Receivables means any Receivables that have been sold, contributed or otherwise transferred to an Eligible Transferee in connection with a Permitted Supply Chain Financing that is permitted under the Credit Agreement.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Delinquent Receivable means any Receivable that is not a Liquidated Receivable and which the related Obligor fails to make at least 90% of the related Scheduled Receivables Payment by the date on which it is due and remains unpaid for more than sixty (60) days from the original payment due date.

  • Ineligible Receivable shall have the meaning specified in subsection 2.04(d)(iii).

  • Initial Receivable means each Contract related to a Financed Vehicle transferred to the Issuer pursuant to Section 2.1, which, as of the Closing Date, is listed on Schedule A (which Schedule A may be in the form of an electronic file), and all rights and obligations thereunder, except for Initial Receivables that shall have become Purchased Receivables or Sold Receivables.

  • Precomputed Receivable means any Receivable under which the portion of a payment allocable to earned interest (which may be referred to in the related contract as an add-on finance charge) and the portion allocable to the Amount Financed is determined according to the sum of periodic balances, the sum of monthly balances, the rule of 78's or any equivalent method.

  • Repurchased Receivable means a Receivable purchased by Santander Consumer pursuant to Section 3.4 of the Purchase Agreement or by the Servicer pursuant to Section 3.6 of the Sale and Servicing Agreement.

  • Sold Receivable means a Receivable that was more than 60 days delinquent and was sold to an unaffiliated third party by the Issuer, at the Servicer’s direction, as of the close of business on the last day of a Collection Period and in accordance with the provisions of Section 4.3(c) hereof.

  • Liquidated Receivable means a Defaulted Receivable as to which the related Financed Vehicle has been liquidated by the Servicer.

  • Account Receivable means, with respect to any Person, any and all rights of such Person to payment for goods sold and/or services rendered, including accounts, general intangibles and any and all such rights evidenced by chattel paper, instruments or documents, whether due or to become due and whether or not earned by performance, and whether now or hereafter acquired or arising in the future, and any proceeds arising therefrom or relating thereto.

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).

  • Receivable Schedule means the list identifying the Receivables attached as Schedule 1 to the Sale and Servicing Agreement and as Schedule A to the Receivables Purchase Agreement (which list may be in an electronic format).

  • Accounts Receivable means in respect of any Person, (a) all trade accounts and notes receivable and other rights to payment from customers and all security for such accounts or rights to payment, including all trade accounts receivable representing amounts receivable in respect of goods shipped or products sold or otherwise disposed of or services rendered to customers, (b) all other accounts and notes receivable and all security for such accounts or notes, and (c) any claim, remedy or other right relating to any of the foregoing.

  • Diluted Receivable means that portion of any Receivable which is either (a) reduced or canceled as a result of a Dilution Factor or (b) subject to any bona fide specific dispute, offset, counterclaim or defense whatsoever.

  • Eligible Receivable means, at any time, a Receivable:

  • Principal Receivable means any Receivable other than a Finance Charge Receivable. In calculating the aggregate amount of Principal Receivables in an Account on any date, the gross amount of Principal Receivables in the Account on that date must be reduced by the aggregate amount of credit balances in the Account on that date.

  • Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 3.02.