Quarterly Adjustment definition

Quarterly Adjustment means either a credit to MEMBER for the over-collection of funds, or a charge to MEMBER for under-collection of funds, related to (i) ERCOT zonal congestion charges and (ii) ancillary services charges and other charges imposed by governmental agencies or ERCOT upon wholesale suppliers or REPs under statutes, regulations or courts for services within ERCOT zones. Said charges or refunds will be proportional to MEMBER’s relative contribution to TCAP load within specific ERCOT zones.
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Quarterly Adjustment has the meaning set forth in Section 4(c).
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Quarterly Adjustment means each determination of the Net Receivables Balance as set forth in the published financial statements of Parent as audited by Ernst & Young or any auditor of comparable national standing.
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Examples of Quarterly Adjustment in a sentence

  • The Quarterly Adjustment and Annual Adjustment may be either a charge or a credit, and shall be collected from or remitted to Customer, as appropriate, in the manner specified in the PSA.

  • Base Index is the specified average of the lumber or other product selling value index used as the basis for computing adjustment in rates for variance in product selling value, as provided in B3.2. A5 - Indices Used in Quarterly Adjustment, applicable to B3.2 Not Applicable A6 - High Stumps, applicable to B6.412 Species Product Maximum Xxxxx Height (inches) All Sawtimber 12 A7 - Specified Roads, applicable to B5.2 Name and Date of Governing Road Specifications: Project Design Class Approx.

  • Also, MEMBER will pay or receive refunds equal to the Quarterly Adjustment and the Annual Adjustment mutually agreed upon by TCAP and the Energy Manager to address certain variable costs and charges, including costs imposed by ERCOT, such payment or receipt of funds subject to the reserve account as further described herein.

  • The Contract Charges shall only be varied: due to a Specific Change in Law in relation to which the Parties agree that a change is required to all or part of the Contract Charges in accordance with Clause 13.1 to 13.2 of this Contract (Legislative Change); or and/ or in accordance with DMP Schedule 3 (DMP Prices and Charging structure), Part A Pricing Matrix Quarterly Adjustment Schedule.

  • Also, MEMBER will pay or receive refunds equal to the Quarterly Adjustment and the Annual Adjustment mutually agreed upon by TCAP and the Energy Manager to address certain variable costs and charges, including costs imposed by XXXXX, such payment or receipt of funds subject to the reserve account as further described herein.

  • Base Index is the specified average of the lumber or other product selling value index used as the basis for computing adjustment in rates for variance in product selling value, as provided in B3.2. A5 – Indices Used in Quarterly Adjustment, applicable to B3.2 Species Index Name and Date A6 – High Stumps, applicable to B6.412 Species Product Maximum Xxxxx Height (inches) A7 – Specified Roads, applicable to B5.2 Name and Date of Governing Road Specifications: Project Design Class Approx.

  • Base Index is the specified average of the lumber or other product selling value index used as the basis for computing adjustment in rates for variance in product selling value, as provided in BT3.2. AT5 - Indices Used in Quarterly Adjustment, applicable to BT3.2 Not Applicable AT6 - High Stumps, applicable to BT6.412 Species Product Maximum Xxxxx Height (inches) All All 12 AT7 - Specified Roads, applicable to BT5.2 Name and Date of Governing Road Specifications: Project Design Class Approx.

  • The purpose of this errata filing, which was assigned Docket No. ER02-527-000, was to include a proposed change to the ISO Tariff regarding the Quarterly Adjustment provision that was inadvertently left out of the November 2 filing.

  • Base Index is the specified average of the lumber or other product selling value index used as the basis for computing adjustment in rates for variance in product selling value, as provided in BT3.2. AT5 – Indices Used in Quarterly Adjustment, applicable to BT3.2 Species Index Name and Date AT6 – High Stumps, applicable to BT6.412 Species Product Maximum Xxxxx Height (inches) AT7 – Specified Roads, applicable to BT5.2 Name and Date of Governing Road Specifications: Project Design Class Approx.

  • Base Index is the specified average of the lumber or other product selling value index used as the basis for computing adjustment in rates for variance in product selling value, as provided in B3.2. A5 - Indices Used in Quarterly Adjustment, applicable to B3.2 Not Applicable A6 - High Stumps, applicable to B6.412 Species Product Maximum Xxxxx Height (inches) All All 12 A7 - Specified Roads, applicable to B5.2 Name and Date of Governing Road Specifications: Project Design Class Approx.


More Definitions of Quarterly Adjustment

Quarterly Adjustment shall have the meaning set forth in Section 2.05.
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Quarterly Adjustment. This arithmetic mean portfolio of the "overnight inter-bank weighted average call loan rate" in three months and "the Bank's cost pricing factors", and is calculated every quarter, i.e. on the 15th day of March, June, September and December (the 15th being the effective date). If the calculation date falls on a public holiday, the calculation date shall be next available business day shall be the effective date. With respect to the portfolio consisting of "the Bank's cost pricing factors", if there are changes to such pricing factors, the Bank shall have the discretion to make adjustments at any time in accordance with the market changes. (2) The "overnight inter-bank weighted average call loan rate" in the above paragraphs refers to that of the "Taiwan Interbank Money Center". (3) The Benchmark Interest Rate shall be periodically adjusted (monthly adjustment/quarterly adjustment) according to the agreement between the Contracting Party and the Bank. In the absence of such an agreement,
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Quarterly Adjustment has the meaning set forth in Section
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Related to Quarterly Adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Quarterly Period the period of three months commencing on 1 January, 1 April, 1 July and 1 October.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing October 31, 2001.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Informal adjustment means an agreement reached among the parties, with consultation, but not the consent, of the victim of the crime or other persons specified in KRS 610.070 if the victim chooses not to or is unable to participate, after a petition has been filed, which is approved by the court, that the best interest of the child would be served without formal adjudication and disposition;

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • Cost Share means the member’s financial obligation for a covered service. Depending on the plan type, cost-share may include one or more of the following: deductible, copay, access fee, coinsurance, pharmacy deductible, and precertification charges.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Partially Adjusted Capital Account means, with respect to any Member for any taxable year or other period of the Company, the Capital Account balance of such Member at the beginning of such year or period, adjusted for all contributions and distributions made or deemed made to or by such Member during such year or period and all special allocations to such Member pursuant to Section 6.2 with respect to such year or period, but before giving effect to any allocations of Net Profit or Net Loss to such Member pursuant to Section 6.1 with respect to such year or period.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate: