Neutrality Charges definition

Neutrality Charges means Balancing Neutrality Charges and Reconciliation Neutrality Charges;
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Neutrality Charges means the amount of money for balancing that shall be paid by or to the balance responsible party concerned according to the principle of neutrality;
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Examples of Neutrality Charges in a sentence

  • Capacity Neutrality Charges shall be invoiced and are payable in accordance with Section S.

  • National Grid NTS shall not for any purposes be treated as a User in respect of the unclaimed account referred to in paragraph 2.3.2 (and any quantity allocated to such account will not be taken into account in determining any User's Daily Imbalance nor in calculating Balancing Neutrality Charges under Section F, and is not required to be cleared under Section F).

  • The Unauthorised Gas Flow shall not be taken into account and shall not be treated as an UDQI or UDQO for the purposes of determining the User's Daily Imbalance under paragraph 5, and shall not be a relevant UDQI or relevant UDQO for the purposes of determining Balancing Neutrality Charges under Section F4 or for the purposes of calculating the UDQI under Section B3.12.9.

  • Balancing Neutrality Charges shall be invoiced and are payable in accordance with Section S.

  • The rounding adjustment for a Day is the amount by which, as a result of the rounding (to any given number of decimal places) of the Unit Daily Neutrality Amount for the Day, the sum of all Balancing Neutrality Charges for the Day is less (in which case the rounding adjustment is positive) or more (in which case the rounding adjustment is negative) than the sum of the Basic Net Neutrality Amount and the Adjustment Neutrality Amount.

  • The basis and methodology used to calculate the Balancing Neutrality Charges and distribution amounts.

  • Each such distribution may be made in an amount up to but no higher than the Conversion Neutrality Charges paid in the Surplus Period.

  • In a first step the Market Area Manager shall make a distribution to each Balancing Group Manager active in the Surplus Period up to the amount of the SLP Balancing Neutrality Charges paid by that Balancing Group Manager in the Surplus Period.

  • Notwithstanding paragraph 4.2.2, a User shall pay the Invoice Amount in respect of NTS Entry Capacity Charges in respect of Daily NTS Entry Capacity, NTS Entry Capacity Charges in respect of Interruptible NTS Entry Capacity and (where payable by the User) Capacity Neutrality Charges under each NTS Entry Capacity Invoice in full on the Invoice Due Date, notwithstanding any Invoice Query, and paragraphs 4.3.1 and 4.3.2 will apply in respect of any such Invoice Query.

  • Post-Emergency Claims Charges and Post-Emergency Claims Payment for the relevant Day will be invoiced in accordance with TPD Section S2.4 and will be deemed to be Balancing Neutrality Charges for the purposes thereof.

Related to Neutrality Charges

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Supplemental Servicing Fees means any and all (i) late fees, (ii) extension fees, (iii) non-sufficient funds charges and (iv) any and all other administrative fees or similar charges allowed by applicable law with respect to any Receivable.