Pricing Node definition

Pricing Node has the meaning set forth in the CAISO Tariff.
Sample 1Sample 2Sample 3
Pricing Node has the meaning set forth in Section 8.5(a)(i);
Sample 1
Pricing Node means the specific locations on the transmission system for which ISO-NE calculates and publishes wholesale electricity prices.
Sample 1

Examples of Pricing Node in a sentence

  • All MWh quantities of Inter-SC Trades at Aggregated Pricing Nodes submitted to the CAISO for Settlement in the Day-Ahead Market shall be settled at the relevant Day-Ahead Aggregated Pricing Node price such as the Existing Zone (EZ) Generation Trading Hub price or LAP price.

  • Consistent with the definition contained in Module A of the MISO Open Access Transmission, Energy and Operating Reserve Markets Tariff, or its successor, a CPNode is an Elemental Pricing Node or an Aggregate Price Node in the Commercial Model used to schedule and settle Market Activities.

  • In the event that a Pricing Node becomes electrically disconnected from the market model during a CAISO Market run, the LMP, including the SMEC, MCC and MCL, at the closest electrically connected Pricing Node will be used as the LMP at the affected location.

  • The Commercial Pricing Node type shall not be a Load Zone, Interface, or Hub.

  • All MWh quantities of Inter-SC Trades at Aggregated Pricing Nodes submitted to the CAISO for Settlement in the RTM shall be settled at the relevant Real-Time Aggregated Pricing Node price.

  • The Commercial Pricing Node shall be the same one used for the Resource in the Day-Ahead Energy and Operating Reserve Market.

  • The foregone opportunity cost of Energy for this purpose is measured as the positive difference between the IFM or FMM LMP at the resource’s Pricing Node and the resource’s Energy Bid price.

  • In addition to the resource-specific Bid requirements of this Section, all Supply Bids must contain the following components: Scheduling Coordinator ID Code; Resource ID; Resource Location; PNode or Aggregated Pricing Node as applicable; Energy Bid Curve; Self-Schedule component; Ancillary Services Bid; RUC Availability Bid; the Market to which the Bid applies; Trading Day to which the Bid applies; Priority Type (if any).

  • The CAISO will include the impact of the disconnected Pricing Node on any modeled Remedial Action Scheme in determining the LMP.

  • Physical Trades can occur at any individual Generating Unit’s PNode or a Physical Scheduling Plant’s Aggregated Pricing Node provided the Physical Trade satisfies the CAISO’s Physical Trades validation procedures described herein.

Related to Pricing Node

  • Pricing Side Letter means that certain letter agreement between Buyer and Seller, dated as of the date hereof, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Pages means the schedule of prices, estimated order quantity, and totals contained in wvOASIS or attached hereto as Exhibit A, and used to evaluate the Solicitation responses.

  • Pricing Service means J.J. Kenny or any pricing service designated by the Board of Directors of the Corporation provided the Corporation obtains written assurance from S&P and Moody's that such designation will not impair the rating then assigned by S&P and Moody's to the AMPS.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Pricing Grid the pricing grid attached hereto as Annex A.

  • Pricing Schedule means the Schedule attached hereto identified as such.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Pricing Date means, for any Fiscal Quarter of the Borrower ending on or after July 31, 2018, the date on which the Administrative Agent is in receipt of the Borrower’s most recent Compliance Certificate and financial statements (and, in the case of the year‑end financial statements, audit report) (the “Borrower Information”) for the Fiscal Quarter then ended, pursuant to Section 8.5 hereof. The Applicable Margin shall be established based on the Consolidated Leverage Ratio for the most recently completed Fiscal Quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If (a) an Event of Default exists or (b) the Borrower has not delivered the Borrower Information by the date the same is required to be delivered under Section 8.5 hereof, then, at the request of the Required Lenders, until such Event of Default no longer exists or such Borrower Information is delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., Level IV shall apply); provided, the Administrative Agent will provide notice to Borrower when such highest Applicable Margin goes into effect. If the Borrower subsequently delivers such Borrower Information before the next Pricing Date, the Applicable Margin established by such late delivered Borrower Information shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such Borrower Information shall be in effect from the Pricing Date that occurs immediately after the end of the Fiscal Quarter covered by such Borrower Information until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders if reasonably determined. The parties understand that the Applicable Margin set forth herein shall be determined and may be adjusted from time to time based upon the Borrower Information. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were lower than they should have been had the correct information been timely provided, then such Applicable Margin for such period shall be automatically recalculated using the correct Borrower Information. The Administrative Agent shall promptly notify the Borrower in writing of any additional interest and fees due because of such recalculation, and the Borrower shall pay within five (5) Business Days of receipt of such written notice such additional interest or fees due to the Administrative Agent, for the account of each Lender holding Commitments and Loans at the time the additional interest and fee payment is received. Any recalculation of the Applicable Margin required by this provision shall survive the termination of this Agreement, and this provision shall not in any way limit any of the Administrative Agent’s or any Lender’s other rights under this Agreement. If it is subsequently determined that any such Borrower Information was incorrect (for whatever reason, including, without limitation, because of a subsequent restatement of earnings by the Borrower) at the time it was delivered to the Administrative Agent and the Lenders, and if the applicable interest rate or fees calculated for any period were higher than they should have been had the correct information been timely provided, then neither the Administrative Agent nor any Lender shall be required to refund or return any portion of such interest or fee.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Page means the pages, contained in wvOASIS or attached as Exhibit A, upon which Vendor should list its proposed price for the Contract Items.

  • Approved Pricing Service means a pricing or quotation service as set forth in Schedule 1.01(a) or any other pricing or quotation service approved by the Board of Directors of the Borrower and designated in writing to the Administrative Agent (which designation shall be accompanied by a copy of a resolution of the Board of Directors of the Borrower that such pricing or quotation service has been approved by the Borrower).

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Peer support specialist means an individual who has experienced a severe and persistent mental illness and who has successfully completed standardized training to provide peer support services through the medical assistance program or the Iowa Behavioral Health Care Plan.

  • Pricing Ratio on any date, the ratio of Consolidated Total Debt on such date to Annualized Borrower EBITDA for the fiscal quarter most recently ended prior to such date.

  • Pricing Services shall have the meaning set forth in Paragraph 7 of this Agreement.

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;

  • Spread pricing means the model of prescription drug pricing in which the pharmacy benefits

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Pricing Period means the five (5) consecutive Trading Days after the Advance Notice Date.

  • Pricing Information means the information relating to (i) the number of Shares issued and (ii) the offering price of the Shares included on the cover page of the Prospectus.

  • Pricing Supplement means the pricing supplement included as Annex A to the Series Instrument.

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Pricing means any and all fees, rates and prices payable under this Contract, including pursuant to any Schedule or Exhibit hereto.