Loss Factors definition

Loss Factors means the factors which need to be applied to the electricity measured or calculated as having been delivered to ICPs, in order to apportion Losses and determine the electricity for which the Retailer is responsible for purchasing at the Network Supply Points;
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Loss Factors means the product, expressed as a percentage, of the transmission loss factor (set by AEMO or estimated by us) and the distribution loss factor (set by Your Distributor or estimated by us), which affect any additional amounts payable in relation to electricity that is lost through the transmission and Distribution Systems on the way to the Supply Address.
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Loss Factors means the agreed loss factors for ingredients and packaging for each Product size and configuration as identified on Schedule 6.1 hereto. For new Product sizes and case configurations, Customer and Ventura will reasonably negotiate appropriate Loss Factors.
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Examples of Loss Factors in a sentence

  • A notice provided to the Trader in accordance with clause 6.3 must include details of the methodology and information used by the Distributor to determine the Loss Factors.

  • The Distributor may obtain information from the reconciliation manager for the purpose of calculating Loss Factors unless that information is provided by the Trader.

  • The Distributor must calculate Loss Factors in accordance with the requirements of the Code relating to Loss Factors (if any).

  • The Trader must provide the Distributor with any additional information that the Distributor may reasonably require to enable the Distributor to calculate Loss Factors within 15 Working Days of the request from the Distributor.

  • If, at any time, the Trader considers that 1 or more Loss Factors notified by the Distributor are not appropriate, or that the methodology or information used to calculate the Loss Factor is incorrect, the Trader may make a written complaint to the Distributor.

  • If the Distributor does not change its notice after having received a complaint from the Trader, the Trader may raise a Dispute with the Distributor for the Loss Factors to be determined in accordance with the Dispute resolution process in clause 23.

  • If the Distributor wishes to change 1 or more Loss Category codes or Loss Factors, the Distributor must give the Trader at least 40 Working Days' notice of the proposed change (including the reasons for the proposed change).

  • If the outcome of the Dispute is that the Distributor changes the Loss Factors declared in the Distributor's notice, and the change leads to a change in the level of revenue received by the Distributor, the Distributor may determine the time from which the change is to apply, which must be no later than 60 Working Days from the date on which the Dispute is finally resolved.

  • The Distributor must consider the complaint in good faith, and may change the Loss Factors declared in its notice to reflect the Trader's concerns in accordance with clause 6.3. The Distributor must decide whether to make the change and, if applicable, give notice under clause 6.3, no later than 20 Working Days after receipt of the complaint.

  • A notice provided to the Retailer in accordance with clause 7.3 will include details of the methodology and information used by the Distributor to determine the Loss Factors.


More Definitions of Loss Factors

Loss Factors means the factor by which Electricity metered at each Injection Point is adjusted to determine the quantity of Electricity that has passed through the Grid Exit Point, with the Loss Factor determined from time to time by the Distributor in accordance with Common Industry Practice.;
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Loss Factors means the factor(s) expressed as 1.XXXX to be applied to the electricity measured or estimated as having been delivered to an ICP (or NSP for an embedded network) in order to allocate a share of the expected Losses within the network to that ICP, such loss factor(s) to be determined by the Distributor and published from time to time;
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Related to Loss Factors

  • Loss Factor means the scaling factor determined in accordance with clause 6 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Technique factors means the following conditions of operation:

  • Leakage technique factors means the technique factors associated with the diagnostic or therapeutic source assembly which are used in measuring leakage radiation. They are defined as follows:

  • Sustainability Factors means environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.

  • Dilution Factors means, without duplication, with respect to any period, the aggregate amount of all deductions, credit memos, returns, adjustments, allowances, bad debt write-offs and other non-cash credits which are recorded to reduce accounts receivable in a manner consistent with current and historical accounting practices of the Borrowers.