PJM Settlement definition

PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.
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PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Operating Agreement, section 3.3. “PJM Tariff,” “Tariff,” “O.A.T.T.,” “OATT,” or “PJM Open Access Transmission Tariff” shall mean that certain PJM Open Access Transmission Tariff, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.
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PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor),
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Examples of PJM Settlement in a sentence

  • References to “PJM” in this Declaration are intended to apply to PJM and/or PJM Settlement, as appropriate, with regard to their respective functions.

  • PJM Settlement, Inc (“PJM Settlement”) is a Pennsylvania Non-Profit Corporation, incorporated for the purpose of providing billing and settlement functions and credit and risk management functions for PJM.

  • Given the interconnectedness and overlapping of their responsibilities, PJM Interconnection, L.L.C. and PJM Settlement, Inc.

  • For the period of time that this Agreement is in effect, both Buyer and Seller agree that PJM Settlement, Inc, (“PJM Settlement”) shall transfer the applicable billing line item charges and/or credits listed in EXHIBIT D under Billing Line Items Responsibilities.

  • Guarantor will reimburse PJM Settlement for any expenses incurred by PJM Settlement in enforcing this Guaranty, including reasonable legal fees.

  • This Guaranty shall continue in force until the entire indebtedness covered by this Guaranty is repaid in full to PJM Settlement and the Agreement is terminated.

  • This Guaranty is for the benefit of PJM Settlement, its successors and assigns, and its members; and is binding upon Guarantor, its successors and assigns, except that Guarantor may not assign or transfer any of its obligations under this Guaranty, whether by operation of law or otherwise, without the prior written consent of PJM Settlement.

  • Any Correspondence to the beneficiary should be sent to the following address: PJM Settlement, Inc.

  • Guarantor represents and warrants to PJM Settlement that the execution, delivery and performance of this Guaranty by Guarantor have been duly authorized by all requisite corporate action of Guarantor.

  • In the event that, pursuant to any insolvency, bankruptcy, reorganization, receivership or other debtor relief law or any judgment, order or decision thereunder, PJM Settlement must rescind or restore any payment, or any part thereof, received by PJM Settlement, any prior release or discharge from the terms of this Agreement shall be with out effect, and this Agreement will remain in effect.


More Definitions of PJM Settlement

PJM Settlement means the settlement, the terms of which are set forth in that certain Settlement Term Sheet, dated as of May 3, 2023, by and among PJM and the Debtors, which was approved pursuant to the Order (I) Approving The Settlement With PJM Interconnection, L.L.C. and PJM Settlement, Inc. and (II) Granting Related Relief [Docket No. 198].
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PJM Settlement means PJM Settlement, the PJM Interconnection, LLC, and other Members.
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Related to PJM Settlement

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled.

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.