Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.
Cancellation Compensation means an amount payable by a Participating Dealer in respect of a default, as set out in the Trust Deed and in the Operating Guidelines applicable at the time the relevant Creation Application or Redemption Application is made.
Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;
Scheduled Downtime means any System downtime occurring within a planned System maintenance window as communicated to Customer. NCR Voyix will provide Customer with reasonable prior notice of any Scheduled Downtime via e-mail or NCR Voyix’s Hosting Web Site. NCR Voyix will seek to minimize the impact of Scheduled Downtime or any unscheduled downtime to the Customer’s business operations. Whenever feasible, NCR Voyix will seek to limit Scheduled Downtime to no more than three hours in a calendar week.
Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.