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.
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...
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...
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.