Next Entitlement definition

Next Entitlement means, for each Energy Security of class i on a Pricing Day t, E2(i,r) calculated in accordance with Condition 5.5, for Brent 1mth and WTI 1mth Oil Securities, Condition 5.6 for all other classes of Oil Securities and Condition 5.7 for Carbon Securities, subject in each case to the provisions of Condition 7;
View Source
Next Entitlement means, for each Energy Security of class i on a Pricing Day t, E2(i,r) calculated in accordance with Condition 5.5, for Brent 1mth and WTI 1mth Oil Securities, Condition
View Source

Related to Next Entitlement

  • M2M Entitlement means a Non-Monitoring RTO’s share of a M2M Flowgate’s total capability to be used for settlement purposes that is calculated pursuant to Section 6 of Schedule D to this Agreement.

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

  • Security Entitlements means the rights and property interests of an Entitlement Holder with respect to a Financial Asset.

  • Securities Entitlement means the rights and property interests of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Full Entitlement ADR(s) “Full Entitlement ADS(s)” and “Full Entitlement Share(s)” shall have the respective meanings set forth in Section 2.12.