Examples of Reconciliation Quantity in a sentence
Upon each Offtake Reconciliation, the Reconciliation Quantity shall be extinguished by a System Clearing Contract in accordance with Section F5.
Upon each Individual NDM Reconciliation, DM Reconciliation or Individual CSEP Reconciliation the Reconciliation Quantity shall be extinguished by a System Clearing Contract in accordance with Section F5.
UUGRCV) is the amount determined as: UUGRCV = – ARCV * UALQ / ALQ where ARQ is the Aggregate Reconciliation Quantity ARCV is the Aggregate Reconciliation Clearing Value UALQ is the User Aggregate LDZ QuantityALQ is the Aggregate LDZ Quantity.
In this case all relevant prices shall be determined in accordance with the pricing method applicable on the date on which the relevant Reconciliation Quantity was initially invoiced.
Any Reconciliation In- voice(s) already issued which is (are) affected by the changes shall be cancelled, re- issued and settled on the basis of the revised Reconciliation Quantity.
Where an Exit Network Operator has to correct a Reconciliation Quantity invoiced to a Shipper and where as a result of this correction the Reconciliation Quantities reported to the Market Area Manager need to be revised, the Network Operator shall submit a revised Reconciliation Notice to the Market Area Manager (with separate revised Rec- onciliation Notices to be submitted in respect of each Reconciliation Month affected).
Where the relevant Reconciliation Quantity is a negative quantity (a “Negative Reconcil- iation Quantity”), the Exit Network Operator shall provide to the relevant Market Area Manager a self-billed Reconciliation Invoice for payment by the Exit Network Operator to the Market Area Manager.
For performance periods from 1 October 2020 the following shall apply: If a Network Operator fails to submit to the relevant Market Area Manager any Reconciliation Invoice (INVOIC message) which is due and still has not done so by M+5 months + 1 Business Day, the Market Area Manager shall charge a penalty which shall be payable by the Network Operator irrespective of whether the relevant Reconciliation Quantity is a Posi- tive or a Negative Reconciliation Quantity.
If a Network Operator fails to submit to the relevant Market Area Manager any Reconcil- iation Notice (SSQNOT message) which is due to be submitted and still has not done so by M+5 months + 1 Business Day, the Market Area Manager shall charge a penalty which shall be payable by the Network Operator irrespective of whether the relevant Reconciliation Quantity is a Positive or a Negative Reconciliation Quantity.
For performance periods until 30 September 2020 the following shall apply: If a Network Operator fails to submit to the relevant Market Area Manager any Reconciliation Notice (SSQNOT message) which is due to be submitted and still has not done so by M+5 months + 1 Business Day, the Market Area Manager shall charge a penalty which shall be payable by the Network Operator irrespective of whether the relevant Reconcili- ation Quantity is a Positive or a Negative Reconciliation Quantity.