Prompt Month definition
Examples of Prompt Month in a sentence
Sum all future Delivery Period Payment Installments beginning with the installment due in the Prompt Month through the end of the current Delivery Period.
The District will determine the generation estimate for the months remaining in the current Delivery Period, commencing with the Prompt Month, using the Northwest River Forecast Center’s Forecast and/or the Median Water Forecast for the remainder of the current Delivery Period (the “Remaining Current Delivery Period Output”).
The Borrower will not permit the Consolidated Net Fixed Price Book Deficit as of any date for the period beginning on the first day of the Prompt Month and ending on the last day of the last month after such date for which there is any Natural Gas Projected Contract Exposure to exceed $15,000,000.
For all sales of Energy by Party B to Party A and for all Energy Swaps that Party A agrees unwind existing positions, Party A will credit to Party B an amount equal to $0.625/Mwh in addition to the Quoted Purchase Price(s) for such Transactions; provided, however, that such credit shall not apply to (i) Prompt Month and intra-month Transactions and (ii) locational basis swaps.
Each such pair of Additional TD Forward Transactions shall price by reference to the Prompt Month Applicable Curve for the relevant Hydrocarbon Group, and the delivery date therefor shall in each case be the Applicable Curve Expiry Date for such Prompt Month Applicable Curve.