Net Sell Position definition

Net Sell Position means the amount of Net Obligation when Net Obligation is negative.
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Net Sell Position means the amount of Net Obligation when Net Obligation is negative. Network Customer:
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Net Sell Position means the amount of Net Obligation when Net Obligation is negative. Neutral Party: Shall have the meaning provided in Section 9.3(v).
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Examples of Net Sell Position in a sentence

  • A Participant’s Seller Credit will be equal to sixty percent of the Participant’s thirteenth smallest weekly Net Sell Position invoiced in the past 52 weeks.

  • Participants that have maintained a Net Sell Position for each of the prior 12 months are eligible for Seller Credit, which is an additional form of Unsecured Credit.

  • Each Participant receiving Seller Credit must maintain both its Seller Credit and its Total Net Sell Position equal to or greater than the Participant’s aggregate credit requirements, less any Financial Security or other sources of credit provided.

  • If PJMSettlement’s forecast ever indicates that the Participant’s Total Net Sell Position may in the future be less than the Participant’s aggregate credit requirements, less any Financial Security or other sources of credit provided, then PJMSettlement may require Financial Security as needed to cover the difference.

  • For every participant receiving Seller Credit, PJMSettlement will maintain a forecast of the Participant’s Total Net Sell Position considering the Participant’s current Total Net Sell Position, recent trends in the Participant’s Total Net Sell Position, and other information available to PJMSettlement, such as, but not limited to, known generator outages, changes in load responsibility, and bilateral transactions impacting the Participant.

  • For Participants receiving Seller Credit, PJMSettlement may forecast the Participant’s Total Net Sell Position considering the Participant’s current Total Net Sell Position, recent trends in the Participant’s Total Net Sell Position, and other information available to PJMSettlement, such as, but not limited to, known generator outages, changes in load responsibility, and bilateral transactions impacting the Participant.

  • Total Net Sell Position is all unpaid billed Net Sell Positions plus any unbilled Net Sell Positions accrued to date, as determined by PJMSettlement on a daily basis.

  • For purposes of this paragraph, a “reasonable time” is no more than 30 days from the insurer's receipt of a written request for consent, unless the insured and the insurer agree otherwise.

  • According to the theory of "fait du prince", this can be explained as the alteration provoked in the conditions of an administrative contract, unpredictable for the contracting governed and to their detriment, arising from decisions taken or conduct assumed by the contracting authority, not as part of the contract, but in the exercise of the derived from its nature as a public authority.

  • Monitoring must be conducted according to test procedures approved under Utah Admin.

Related to Net Sell Position

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Competitive Position means any employment with a Competitor in which Executive will use or is likely to use any Confidential Information or Trade Secrets, or in which Executive has duties for such Competitor that relate to Competitive Services and that are the same or similar to those services actually performed by Executive for the Company;

  • Positive pressure respirator means a respirator in which the pressure inside the respiratory inlet covering exceeds the ambient air pressure outside the respirator.

  • Net Sales means [***].