Net Refund Recipients definition

Net Refund Recipients means those Participants, other than Deemed Distribution Participants, that participate in this settlement either as a Party or pursuant to Article VIII and that are owed net refunds after consideration of amounts that the particular Participant may itself owe to the California Markets in the form of refunds (unadjusted for Refund Offsets or charges for same).
Sample 1Sample 2Sample 3
Net Refund Recipients means those Participants, other than Deemed Distribution Participants, that elect to participate in the settlement either as a Party or pursuant to Section 8.1 and that are owed net refunds after consideration of amounts that the particular Participant may itself owe to the California Markets in the form of refunds (unadjusted for Fuel Cost Allowances, Emissions Offsets, Cost Offsets, or charges for same).
Sample 1
Net Refund Recipients means those Participants, other than Deemed Distribution Participants, that elect to participate in this settlement either as a Party or pursuant to Section 8.1 and that are owed net refunds after consideration of amounts that the particular Participant may itself owe to the California Markets in the form of refunds (unadjusted for Refund Offsets or charges for same).
Sample 1

Examples of Net Refund Recipients in a sentence

  • Other Settling Participants who do not qualify as Net Refund Recipients shall also receive their allocable refunds in the form of an offset against their outstanding market obligations.

  • Finally, as noted above, we find that the Settlement’s distinction between Net Refund Recipients and Deemed Distribution Participants does not constitute undue discrimination.1412.

  • The topic was presented by Mikael Lind, Viktoria Swedish ICT, Sweden.Presentation abstractTwo demands for innovative development and use of services in the maritime sector need to be combined; low entry barriers for third-party providers, and standardised and transparent processes for service portfolio management.

  • NCPA Refunds and associated interest allocated in the Allocation Matrix to Settling Participants that are Net Refund Recipients, as adjusted pursuant to the last sentence of Section 5.3, and amounts allocated to CERS pursuant to Section 5.1.6, shall be paid in cash to CERS and the other Settling Participants that are Net Refund Recipients from the Settling Supplier Refund Escrow.

  • Settlement’s distinction between Net Refund Recipients and Deemed Distribution Participants does not constitute undue discrimination.1412.

  • The Settlement’s distinction between Net Refund Recipients and Deemed Distribution Participants (including SMUD’s classification as a Deemed Distribution Participant) does not undermine the purpose ofthe Settlement.

  • Settling Supplier Refunds and associated interest allocated in the Allocation Matrix to Settling Participants that are Net Refund Recipients, and the amount payable to CERS set forth in Item 5.1(f) of the Cover Sheet, shall be paid in cash to CERS and the other such Settling Participants that are Net Refund Recipients from the Settling Supplier Refund Escrow.

  • Interest on Refunds allocated in the Interest Matrix to Settling Participants that are Net Refund Recipients shall be paid in cash from the Idacorp Refund Escrow.

  • Settling Supplier Refunds and associated interest allocated in the Allocation Matrix to Settling Participants that are Net Refund Recipients, and the amount payable to CERS set forth in Item 5.1(f) of the Cover Sheet, if any, in each case as adjusted pursuant to Sections 4.1.1.3 and 6.1.4, shall be paid in cash to CERS and the other such Settling Participants that are Net Refund Recipients from the Settling Supplier Refund Escrow.

  • Settling Supplier Refunds and associated interest allocated in the Allocation Matrix to Settling Participants that are Net Refund Recipients, and the amount payable to CERS set forth in Item 5.1(f) of the Cover Sheet, shall be paid in cash to CERS and the other such Settling Participants that are Net Refund Recipients from the Settling Supplier Refund Escrow (PNM).


More Definitions of Net Refund Recipients

Net Refund Recipients means those Settling Participants, other than First Amendment Deemed Distribution Participants, that are owed net refunds after consideration of amounts that the particular Settling Participant may itself owe to the California Markets in the form of refunds (unadjusted for refund offsets or charges for same).
Sample 1

Related to Net Refund Recipients

  • Payment Recipient has the meaning assigned to it in Section 11.12(a).

  • Recipients has the meaning set forth in Section 7.1.

  • Intended Recipient means any person or party to whom any Messages are intended by the sender to be sent through or incidental to any of the Tradelink Services.

  • Eligible Recipients means all Employees, all Non-Employee Directors and all Consultants.

  • Designated recipient means a person chosen by a user using an online tool to administer digital assets of the user.

  • unintended recipient means the recipient of funds as a result of a mistaken internet payment

  • Grant Recipient means the national government or a national government entity authorised to control or spend money under this Act or an incorporated or unincorporated body not otherwise authorised to control or spend money under this Act;

  • Gross Settlement Fund means the Settlement Amount plus all interest earned thereon.

  • host distributor means a distributor who is a market participant and who distributes electricity to another distributor who is not a market participant.

  • Subrecipient means a non-Federal entity receiving an Award from a Recipient to carry out part of a Federal program. The term does not include an individual who is a beneficiary of such program.

  • Sub-Recipient means a partner, joint venturer, director, employee, agent and subcontractors of a Recipient to whom a Recipient must disclose Confidential Information.

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • Transferring Supplier Employees means those employees of the Supplier and/or the Supplier’s Sub-Contractors to whom the Employment Regulations will apply on the Service Transfer Date.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Customer channel termination point means the location where the customer either inputs or receives the communications.

  • Amounts Held for Future Distribution As to any Remittance Date, amounts on account of (i) all Unscheduled Principal Receipts received after the last day of the Applicable Unscheduled Principal Receipt Period ending in the month of such Remittance Date and all related payments of interest on such principal prepayments and amounts received from the Servicer or a Representing Party in the month of such Remittance Date as the Purchase Price for any repurchased Mortgage Loan and (ii) payments which represent early receipt of scheduled payments of principal and interest due on a date or dates subsequent to the related Due Date.

  • Primary recipient means any recipi- ent which is authorized or required to extend or distribute Federal financial assistance to another recipient.

  • Award Recipient means the person, entity or entities that are to receive or have received grant funds through an award from the Illinois State Board of Education. The terms "grantee" and "award recipient" may be used interchangeably.

  • Permitted Recipients means the parties to this agreement, the employees of each party and any third parties engaged to perform obligations in connection with this Agreement;

  • Nominated Recipient means a person appointed by You to receive particular FIT Payments and recorded as such on the Central FiT Register;

  • Xxxxxx Group shall have the meaning set forth in Section 9.2(b) hereof.

  • Amount Held for Future Distribution As to the Certificates on any Distribution Date, the aggregate amount held in each Collection Account at the close of business on the related Determination Date on account of (i) Principal Prepayments, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds on the Mortgage Loans received after the end of the related Prepayment Period and (ii) all Scheduled Payments on the Mortgage Loans due after the end of the related Due Period.

  • Company Service Provider means an employee, individual consultant, individual independent contractor, individual self-employed contractor, leased or temporary employee or director of the Company or any of its Subsidiaries.

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Information Recipients has the meaning stated in Section 4.9(a).

  • Designated User means any person(s) that you authorise as users of your Broadband service.