Monthly Peak definition

Monthly Peak as referred to in relation to the Aura product, means the highest number of Units used during the monthly invoicing period.

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Monthly Peak. Has the meaning specified in Section 46.1.

Monthly Peak of a Participant for a month is the maximum Adjusted Load of the Participant during any hour in the month.

Examples of Monthly Peak in a sentence

• For each month of the Self-Sufficiency Test Period, FIITC shall include the maximum amount of requirements and bundled power sale capacity purchased by the Participating TO from the transmission owner to which it is physically interconnected during the hour in which the Monthly Peak Load of the Participating TO occurs.

• Cloud Fees for VaaS Software will be determined by multiplying the applicable price per Unit per month by the Monthly Peak number of provisioned Units.

• Cloud Fees will be determined, for each and every Cloud End User, by multiplying the price per applicable WFO Cloud Software per month by the Monthly Peak number of Concurrent Elite Agent Licenses used by the applicable Cloud End User.

• For each annual contract period, the Authorized Users is equal to the average of the Monthly Peak.

• P is the value of the Participant's fraction for the month as determined in accordance with the following formula: P = (Fp + Dp) / (F + D), wherein: Fp is the Participant's Adjusted Monthly Peak for the month less any Kilowatts received by such Participant pursuant to a contract of a type that traditionally has been treated by NEPOOL as a firm contract for the purposes of this Section prior to January 1, 1999, but which does not constitute a Firm Contract as defined in this Agreement.

• The combined Old Dominion hourly demands measured at the Interconnection Points for the clock-hour during which the Combined System Monthly Peak Demand occurs.

• Self-Sufficiency or Self- Sufficient A Participating TO for which the sum of its Dependable Generation and its FIITC is greater than or equal to its Monthly Peak Load.

• Monthly Peak Load The maximum hourly Demand on a Participating TO’s transmission system for a calendar month, multiplied by the Operating Reserve Multiplier.

• To the extent that transmission upgrades resulting in new transfer capability are paid for through the Pool RNS Rate, any Auction Revenue Rights associated with the sale of FCRs made possible by such upgrades, other than FCRs sold by FCR Holders, shall be allocated to Transmission Customers and Congestion Paying Entities on a Monthly Peak Load basis.

• P is the value of the Participant's fraction for the month as determined in accordance with the following formula: P = F{p}/F, wherein: F{p} is the Participant's Adjusted Monthly Peak for the month.

More Definitions of Monthly Peak

Monthly Peak means the highest number of Units used by Distributor during the monthly invoicing period. 1.1.18. “Resale Agreement” means an agreement between Distributor and Reseller under which Distributor provides Cloud Services to Reseller. 1.1.19. “Term” means the initial term of a Cloud Order and any renewal terms thereof during which Distributor is authorized to use the Cloud Software and related Maintenance Services on a time-bound subscription basis subject to timely payment of Cloud Fees to Avaya. 1.1.20. “Unit” refers to the specific metrics used by Avaya as the basis for the pricing and invoicing for the Cloud Software and related Maintenance Services as set out in the then current Avaya price list and more fully described in the applicable Cloud Offer Definition or an accepted Cloud Order including provisioned, configured, concurrent or ordered users or provisioned virtual meeting rooms (VMRs). 2 CERTAIN CONFIDENTIAL MATERIAL APPEARING IN THIS DOCUMENT, MARKED BY [*****] HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED 1.2.

Monthly Peak means the highest integrated clock hour kilowatt demand on Potomac's system during a Potential Peak Hour of a Billing Period.

Monthly Peak means the highest number of Units used by Distributor during the monthly invoicing period.

Monthly Peak of a Participant for a month is its Monthly Peak, provided that if there has been a transfer between Participants, in whole or part, of the responsibilities under this Agreement during such month pursuant to a Firm Contract, the Adjusted Monthly Peak of each such Participant shall reflect the effect of such transaction, but the Adjusted Monthly Peak of a Participant shall not be changed from the Monthly Peak to reflect the effect of any other transaction. 1. 3Adjusted Net Interchange of a Participant for an hour is (a) the Kilowatts produced by or delivered to the Participant from its Energy Entitlements or pursuant to arrangements entered into under Section 14.6, as adjusted in accordance with uniform market operation rules approved by the Markets Committee to take account of associated electrical losses, as appropriate, minus (b) the sum of (i) the Electrical Load of the Participant for the hour, and (ii) the kilowatthours delivered by such Participant to other Participants pursuant to Firm Contracts or System Contracts, in accordance with the treatment agreed to pursuant to Section 14.7(a), together with any associated electrical losses. 1. 3AAdministrative Procedures are procedures adopted by the System Operator in order to fulfill its responsibilities to apply and implement NEPOOL System Rules.