Potential Premium definition

Potential Premium means an additional amount to be added to the Forecast Postalised Annual Capacity Charges for the relevant Gas Years to be specified by the Transporter subject to approval by the Authority.
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Potential Premium means an additional amount to be added to the Forecast Postalised Annual Capacity Charges for the relevant Gas Years to be specified by the Transporter subject to approval by the Authority. 4.1.3 For the avoidance of doubt, new capacity for which a final investment decision is taken without requiring user commitment shall be offered to Shippers as IP Capacity. If this new capacity includes Firm Reverse Flow IP Exit Capacity the provisions that apply to IP Entry Capacity in this Code shall apply mutatis mutandis to Firm Reverse Flow IP Exit Capacity. 4.2 Incremental Capacity Process Market Demand Assessment4.2.1 The Transporter shall assess market demand for Incremental Capacity in accordance with this section 4.2. 4.2.2 The Transporter shall assess market demand for Incremental Capacity in each odd- numbered year as soon as practicable after the Annual Yearly Auctions (“Market Demand Assessment”). 4.2.3 The Transporter may carry out an additional assessment of market demand for Incremental Capacity in an even-numbered year (“Ad-hoc Market Demand Assessment”) including in co-ordination with the Adjacent Transporter where relevant. Such Ad-hoc Market Demand Assessment: (a) may commence at any time during the year; (b) shall follow such timescales as shall be determined by the Transporter and notified to Shippers with the invitation to submit Non-Binding Demand Indications issued pursuant to section 4.2.4; (c) shall be concluded before the start of the next Annual Yearly Auctions; and the remaining provisions of this section 4, with the exception of the prescribed timescales, shall apply mutatis mutandis to any Ad-hoc Market Demand Assessment.Invitation to submit Non-binding Demand Indications 4.2.4 When carrying out a Market Demand Assessment in accordance with section 4.2.2 or an Ad- hoc Market Demand Assessment in accordance with section 4.2.3, the Transporter shall invite Shippers to submit “Non-binding Demand Indications”/“NBDIs” as further described in section 4.2.5. 4.2.5 NBDIs shall express a Shipper’s request for Incremental Capacity and shall specify at least the following: (a) each IP at which the Shipper wishes to obtain Incremental Capacity; (b) for each IP specified in section 4.2.5(a) the relevant side or sides of the IP on which Incremental Capacity is requested; (c) the Gas Year(s) for which Incremental Capacity is requested; (d) the amount of Incremental Capacity requested at each IP specified in section 4.2.5(a); (e) relevant information ab...
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Potential Premium means an additional amount to be added to the Forecast Postalised Annual Capacity Charges for the relevant Gas Years to be specified by the Transporter subject to approval by the Authority. 1C.1.3 For the avoidance of doubt, new capacity for which a final investment decision is taken without requiring user commitment shall be offered to Shippers as IP Capacity. If this new capacity includes Firm Reverse Flow IP Exit Capacity the provisions that apply to IP Entry Capacity in this Code shall apply mutatis mutandis to Firm Reverse Flow IP Exit Capacity. 1C.2 Incremental Capacity Process Market Demand Assessment1C.2.1 The Transporter shall assess market demand for Incremental Capacity in accordance with this Section 1C.2 (“Market Demand Assessment”). 1C.2.2 The Transporter shall assess market demand for Incremental Capacity in each odd- numbered year as soon as practicable after the Annual Yearly Auctions (“Market Demand Assessment”). 1C.2.3 The Transporter may carry out an additional assessment of market demand for Incremental Capacity in an even-numbered year (“Ad-hoc Market Demand Assessment”) including in co-ordination with the Adjacent Transporter where relevant. Such Ad-hoc Market Demand Assessment: (a) may commence at any time during the year; (b) shall follow such timescales as shall be determined by the Transporter and notified to Shippers with the invitation to submit Non-Binding Demand Indications issued pursuant to Section 1C.2.4; (c) shall be concluded before the start of the next Annual Yearly Auctions; and the remaining provisions of this Section 1C, with the exception of the prescribed timescales, shall apply mutatis mutandis to any Ad-hoc Market Demand Assessment. Invitation to submit Non-binding Demand Indications1C.2.4 When carrying out a Market Demand Assessment in accordance with Section 1C.2.2 or an Ad-hoc Market Demand Assessment in accordance with Section 1C.2.3, the Transporter shall invite Shippers to submit “Non-binding Demand Indications”/“NBDIs” as further described in Section 1C.2.5. 1C.2.5 NBDIs shall express a Shipper’s request for Incremental Capacity and shall specify at least the following: (a) each IP at which the Shipper wishes to obtain Incremental Capacity; (b) for each IP specified in Section 1C.2.5(a) the relevant side or sides of the IP on which Incremental Capacity is requested; (c) the Gas Year(s) for which Incremental Capacity is requested; (d) the amount of Incremental Capacity requested at each IP specified in Sec...
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Examples of Potential Premium in a sentence

  • In the event of a change of control (as defined in the Note) of Selfcare, the outstanding principal amount of the Note shall become due and payable immediately, but the Potential Premium shall not be due until the maturity date of the Note.

  • Potential Premium Increase Disclosure Form, January 2021 revision.

  • Long-Term Care Insurance Potential Premium Increase Disclosure Form Important Notice: Your long-term care insurance company may increase the premium for your policy every year.

  • Potential Premium Increase Disclosure FormPublisherUtah Insurance DepartmentDate IssuedJanuary 1, 2021Issue, or versionJan.


More Definitions of Potential Premium

Potential Premium is defined in SECTION 1(b) of the Agreement.
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Related to Potential Premium

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Buyer’s Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Differential Amount means the Differential Amount as calculated or, respectively, specified by the Calculation Agent pursuant to § 4 of the Special Conditions.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Excess emissions - means an emission rate that exceeds any applicable emission limitation or standard allowed by any rule in Sections .0500, .0900, .1200, or .1400 of Subchapter 02D; or by a permit condition; or that exceeds an emission limit established in a permit issued under 15A NCAC 02Q .0700. (Note: Definitions of excess emissions under 02D .1110 and 02D .1111 shall apply where defined by rule.)

  • Partial Payment means a payment that is insufficient to discharge all amounts then due and payable under the Finance Documents.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Net Written Premium means direct premium written on the Policies covered by this Agreement plus additions, less refunds and return premium for cancellations and reductions (but not dividends) and less premium paid or payable for reinsurance that inures to the benefit of the Participating Companies.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Individual PAGA Payment means the Aggrieved Employee’s pro rata share of 25% of the PAGA Penalties calculated according to the number of Workweeks worked during the PAGA Period.