Negative Imbalance Daily Gas Price definition

Negative Imbalance Daily Gas Price means the price (p/kWh) calculated as the lesser of:
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Examples of Negative Imbalance Daily Gas Price in a sentence

  • Such charge shall be an amount (in Pounds Sterling) equal to the Negative Imbalance Daily Gas Price multiplied by the total quantity of Fuel Gas allocated to that IAA Shipper on that Gas Day (ref.

  • On any Gas Day on which an IAA Shipper has a Negative Imbalance the Balancing Charge payable to IUK is calculated as the value of the Negative Imbalance multiplied by the Negative Imbalance Daily Gas Price.

  • On any Gas Day on which a Shipper has a Positive Imbalance the Positive Balancing Charge payable to it by IUK shall be calculated as the value of the Positive Imbalance multiplied by the Positive Imbalance Daily Gas Price.On any Gas Day on which a Shipper has a Negative Imbalance the Negative Balancing Charge payable by the Shipper to IUK shall be calculated as the value of the Negative Imbalance multiplied by the Negative Imbalance Daily Gas Price.

  • On any Gas Day on which a Shipper has a Positive Imbalance the Positive Balancing Charge payable to it by Interconnector shall be calculated as the value of the Positive Imbalance multiplied by the Positive Imbalance Daily Gas Price.On any Gas Day on which a Shipper has a Negative Imbalance the Negative Balancing Charge payable by the Shipper to Interconnector shall be calculated as the value of the Negative Imbalance multiplied by the Negative Imbalance Daily Gas Price.

  • On any Gas Day on which a Shipper has a Negative Imbalance the Negative Balancing Charge payable by the Shipper to Interconnector shall be calculated as the value of the Negative Imbalance multiplied by the Negative Imbalance Daily Gas Price.

  • On any Gas Day on which an IAA Shipper has a Negative Imbalance the Negative Balancing Charge payable by the IAA Shipper to IUK shall be calculated as the value of the Negative Imbalance multiplied by the Negative Imbalance Daily Gas Price.

  • Gas Charges, and Electricity Charges and the Commodity Charge Fuel Gas Charges payable during the Initial Period 9.1.1 During the Initial Period in respect of any Gas Days during a Month on which there is a Fuel Gas Allocation to an IAA Shipper in accordance with paragraph 4.1 of Section D, an IAA Shipper shall pay to IUK a Fuel Gas Charge calculated as an amount equal to the Negative Imbalance Daily Gas Price multiplied by the Fuel Gas Allocation of the IAA Shipper on that Gas Day.

  • On any Gas Day on which an IAA Shippera Shipper has a Negative Imbalance the Negative Balancing Charge payable by the IAA Shipper to IUK shall be calculated as the value of the Negative Imbalance multiplied by the Negative Imbalance Daily Gas Price.

  • The conditional Ci+1 values are used to obtain Si(Ci = 0) and Si(Ci = 1) from Si∗(Ci = 0) and Si∗(Ci = 1) respectively, adding 6 to the sum digit when Ci+1 = 1 as indicated by the algorithm.

  • Xxxxxxxx Facsimile:(_____)_____________ with a copy (which shall not constitute notice) to: Hxxxxx and Bxxxx, L.L.P. 1000 Xxxxxxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxx 00000 Attention: Txxxxx X XxXxxxxxx Facsimile: (000) 000-0000 if to Consultant, to: Txxxx Worth 400 Xxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxx, Xxxxxxxx 00000 Facsimile: (000) 000-0000 with a copy (which shall not constitute notice) to: Doerner, Saunders, Dxxxxx & Axxxxxxx, L.L.P. 300 Xxxxx Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx, Xxxxxxxx 00000 Attention: H.

Related to Negative Imbalance Daily Gas Price

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter’s balance and/or nomination requirements.

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Material Gas Imbalance means, with respect to all Gas Balancing Agreements to which the Borrower or any other Credit Party is a party or by which any Oil and Gas Property owned by the Borrower or another Credit Party is bound, a net overproduced gas imbalance to the Borrower and the other Credit Parties, taken as a whole, in excess of 110,000 Mcf.

  • Adjusted Value as used in subdivision (d) means:

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Adjusted Dilution Ratio means, at any time, the rolling average of the Dilution Ratio for the 12 Calculation Periods then most recently ended.

  • Negative Carry Amount shall have the meaning specified in subsection 4.10(a) of the Agreement.

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Average Daily Trading Volume means the average trading volume of the Company’s Common Stock in the ten (10) Trading Days immediately preceding the respective Put Date.

  • Ending Value means the average of the values of the Basket at the close of the market on five business days shortly before the maturity date of the Notes. We may calculate the Ending Value by reference to fewer than five or even a single day's closing value if, during the period shortly before the maturity date of the Notes, there is a disruption in the trading of a sufficient number of stocks included in any Basket Index or certain futures or options contracts relating to a Basket Index.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Heating Value means the heat released by combustion of one pound of waste or fuel measured in Btu on an as received basis. For solid fuels, the heating value shall be determined by use of ASTM Standard D2015-66.

  • Adjusted Lower Tier WAC For any Distribution Date (and the related Accrual Period), an amount equal to (i) two, multiplied by (ii) the weighted average of the interest rates for such Distribution Date for the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1, Class LT3-B2 and Class LT3-Q Interests, weighted in proportion to their Class Principal Amounts as of the beginning of the related Accrual Period and computed by subjecting the rate on the Class LT3-Q Interest to a cap of 0.00%, and by subjecting the rate on each of the Class LT3-A1, Class LT3-A2, Class LT3-A3, Class LT3-A4, Class LT3-A5, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-M4, Class LT3-M5, Class LT3-M6, Class LT3-M7, Class LT3-M8, Class LT3-M9, Class LT3-B1 and Class LT3-B2 Interests to a cap that corresponds to the Certificate Interest Rate (determined by substituting the REMIC 3 Net Funds Cap for the applicable Net Funds Cap) for the Corresponding Class of Certificates; provided, however, that for each Class of LIBOR Certificates, the Certificate Interest Rate shall be multiplied by an amount equal to (a) the actual number of days in the Accrual Period, divided by (b) 30.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Fully Diluted Weighted Average Basis means, when calculating the number of Outstanding Units for any period, a basis that includes (a) the weighted average number of Outstanding Units during such period plus (b) all Partnership Interests and Derivative Partnership Interests (i) that are convertible into or exercisable or exchangeable for Units or for which Units are issuable, in each case that are senior to or pari passu with the Subordinated Units, (ii) whose conversion, exercise or exchange price, if any, is less than the Current Market Price on the date of such calculation, (iii) that may be converted into or exercised or exchanged for such Units prior to or during the Quarter immediately following the end of the period for which the calculation is being made without the satisfaction of any contingency beyond the control of the holder other than the payment of consideration and the compliance with administrative mechanics applicable to such conversion, exercise or exchange and (iv) that were not converted into or exercised or exchanged for such Units during the period for which the calculation is being made; provided, however, that for purposes of determining the number of Outstanding Units on a Fully Diluted Weighted Average Basis when calculating whether the Subordination Period has ended or Subordinated Units are entitled to convert into Common Units pursuant to Section 5.7, such Partnership Interests and Derivative Partnership Interests shall be deemed to have been Outstanding Units only for the four Quarters that comprise the last four Quarters of the measurement period; provided, further, that if consideration will be paid to any Group Member in connection with such conversion, exercise or exchange, the number of Units to be included in such calculation shall be that number equal to the difference between (x) the number of Units issuable upon such conversion, exercise or exchange and (y) the number of Units that such consideration would purchase at the Current Market Price.

  • Strip Price means, at any time, (a) for the remainder of the then-current calendar year, the average NYMEX Pricing for the remaining months in such calendar year, (b) for each of the succeeding three complete calendar years, the average NYMEX Pricing for the twelve months in each such calendar year, and (c) for the succeeding fourth complete calendar year and each calendar year thereafter, the average NYMEX pricing for the twelve months in such fourth calendar year.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;