Rules Methodology definition

Rules Methodology means the methodology determined under rule 536(3) of the National Gas Rules. Seller, in relation to a Transaction, means (where the Commodity is a good) the person with an obligation to make a quantity of Commodity available for delivery or (where the Commodity is service, including capacity), to make the service available for use.

Rules Methodology means the methodology set by ICE Data Indices for the ICE

Rules Methodology means the methodology determined under rule 536(3) of the National Gas Rules. Deleted: 20 MarchDeleted: 2014

Examples of Rules Methodology in a sentence

• Offset Amount An amount payable by or to a defaulting Trading Participant in respect of an Offset Quantity in respect of a Gas Day, calculated in accordance with the Rules Methodology.

• The Settlements and Prudential Methodology may be contained in the same document as the Rules Methodology.

• Close Out Amount An amount payable by or to a Trading Participant in respect of a Close Out Quantity or a Close Out Location Swap Quantity in respect of a Gas Day, calculated in accordance with the Rules Methodology.

• Delivery Variance Amount An amount payable by or to a Delivering Participant or a Receiving Participant in respect of its Delivery Variance Quantities (and, in the case of a Location Swap, any Net Swap Imbalance) in respect of a Gas Day, calculated in accordance with the Rules Methodology.

• In addition, a Net Swap Imbalance is calculated for both the Buyer and Seller in accordance with the Rules Methodology based on the difference between the delivered quantity at the Swap Delivery Point less the delivered quantity at the Swap Receipt Point (in each case as notified under clause 15.2(b)(i)).

• This document may only be amended in accordance with the requirements for amending the Settlements and Prudential Methodology in the Exchange Agreement and any additional requirements in the National Gas Rules for the amendment of the Rules Methodology.

• The Rules Methodology comprises clause 2 (as applicable) and clause 3.

• Capacity Variance Amount An amount payable by or to a Delivery Participant or a Receiving Participant in respect of its Capacity Variance Quantities in respect of a Gas Day, calculated in accordance with the Rules Methodology.

• Applicant must have experience in annual development fee monitoring reports, able to assist the Borough in addressing Affordable Housing Rules, Methodology and Procedures, NJ Council on Affordable Housing.

• The Operator may amend the Settlements and Prudential Methodology after consulting with Market Participants using the process applicable to proposed amendments to this agreement under clauses 3.3 to 3.5. If the Settlements and Prudential Methodology is contained in the same document as the Rules Methodology, the Operator must also comply with any additional requirements in the National Gas Rules applicable to the amendment of the Rules Methodology.