Settlement Month definition

Settlement Month has the meaning ascribed to it in Section 5.2, provided that if the first or last Settlement Month in the Term is less than a full calendar month, for the purposes of Exhibit J such month shall be equal to the number of days of the Term in such calendar month.
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Settlement Month has the meaning ascribed to it in Section 5.2.
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Settlement Month. Has the meaning given to it in Section 5.4. Site Has the meaning ascribed to it in the Rules. Standby Day Has the meaning ascribed to it in the Rules. Standby Notice Has the meaning given to it in the Rules. Statement The statement issued by the DSO for a Settlement Period for the Contracted DER that sets out the Quantity Delivered/Reduced in each Confirmed Activation Hour, the DLMP for each such hour, the Monthly Payment including any Non-performance Charges, and applicable taxes. Storage Resource Has the meaning ascribed to it in the Rules. Suitable Business Days Has the meaning given to it in Exhibit D – Demand Response Baselining. Supplemental Registration Has the meaning ascribed to it in the Rules, except that the reference to Registrant shall be a reference to the Participant. Supplemental Registration Period Has the meaning ascribed to it in the Rules. Term Has the meaning given to it in Section 12.1. Test Activation Has the meaning ascribed to it in the Rules. Test Activation Hour Has the meaning ascribed to it in the Rules. Test Activation Payments Has the meaning ascribed to it in the Rules. Treatment Group Has the meaning ascribed to it in the Rules. User Rights Has the meaning ascribed to it in the Rules. TO: Alectra Utilities Corporation (the "DSO") FROM: [Enter Participant legal name] (the “Participant”) DATED: [●] (the “Certificate Date”) This certificate is delivered pursuant to Section 2.3(a) of the Contract for Energy Services (Direct Participant) (the "Contract") dated [●] between the DSO and the Participant. Capitalized terms used and not defined in this certificate have the meanings given to them in the Contract. I, [Name of Officer], [Title within Participant] of the Participant, hereby certify for and on behalf of the Participant and not in my personal capacity and without personal liability that:
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Examples of Settlement Month in a sentence

  • A Statement may be delivered by the Buyer to the Supplier by electronic means and shall include the reference number assigned to this Agreement by the Buyer and a description of the components of the Monthly Payment and other payments, as described in this Agreement, including Section 4.1 as applicable, owing to the Supplier for the Settlement Month.

  • The DSO shall remit to the Participant full payment in respect of the Statement no later than twenty (20) Business Days after the end of the Settlement Month to which the Statement relates, which payment shall be made by electronic funds transfer to the Registered Bank Account or as otherwise agreed by the Parties.

  • The Buyer shall prepare and deliver a settlement statement (the “Statement”) to the Supplier, within twenty (20) Business Days after the end of each calendar month in the Term that is the subject of the Statement (the “Settlement Month”), setting out the basis for the Monthly Payment with respect to the Settlement Month, as well as the basis for any other payments owing under this Agreement by either Party to the other in the Settlement Month.

  • Any reduction in Contract Capacity set out in this Section 4.3 shall require written notice thereof to the Buyer at least twelve (12) months prior to the effective date of such reduction and any such reduction in the Contract Capacity may only take effect on first (1st) day of the first (1st) Settlement Month of a Contract Year.

  • In numerical studies, the maximum ambient temperature values were set to be 10.80 °C, 7.63 °C and 6.52 °C for Antalya, Istanbul and Ankara, respectively (Fig.

  • BDm is the total number of Business Days in Settlement Month “m”.

  • The Party owing the Monthly Payment shall remit to the other Party full payment in respect of the Statement no later than twenty (20) Business Days after the end of the Settlement Month to which the Statement relates (the “Payment Date”).

  • If the Supplier elects in the CES Election to place the Facility in Safe Standby State, Monthly Payments will continue unchanged for the remainder of the Term and Availability Non- Performance Charges will not be applicable starting in the first Settlement Month following the Buyer’s receipt of the CES Election.

  • POH is a Planned Outage Hour, which is a Qualifying Hour in Settlement Month “m” for which the Facility is the subject of a Planned Outage.

  • The Buyer shall prepare and deliver a settlement statement (the “Statement”) to the Supplier, within ten (10) Business Days after the end of each calendar month in the Term that is the subject of the Statement (the “Settlement Month”), setting out the basis for the Monthly Payment with respect to the Settlement Month, as well as the basis for any other payments owing under this Agreement by either Party to the other in the Settlement Month.


More Definitions of Settlement Month

Settlement Month means a calendar month (or part thereof) during the Contract Service Term to which
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Settlement Month. Has the meaning given to it in Section 5.4. Site Has the meaning ascribed to it in the Rules. Standby Day Has the meaning ascribed to it in the Rules.
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Settlement Month. Shall have the meaning set forth in Exhibit K (Settlement).
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Settlement Month means (i) for the first Settlement Month of the Term, the period commencing on the Term Commencement Date and ending at the end of the first full calendar month of the Term, (ii) for each Settlement Month thereafter except for the last Settlement Month of the Term, the period comprising each calendar month, and (iii) for the last Settlement
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Settlement Month means each calendar month in the Term and, if applicable, the Residual Term, that is the subject of the Monthly Settlement, provided that if the first or last Settlement Month in the Term is less than a full calendar month, for the purposes of Exhibit [J], such month shall be equal to the number of days of the Term in such month.
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Settlement Month means the month indicated in SteelHedge Contract for the calculation of related Settlement Price.
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Related to Settlement Month

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Settlement Day means the Business Day which is 2 Business Days after the relevant Dealing Day (or such Business Day as is permitted in relation to such Dealing Day pursuant to the Operating Guidelines) or such other number of Business Days after the relevant Dealing Day as determined by the Manager in consultation with the Trustee from time to time and notified to the relevant Participating Dealers or as otherwise described in the relevant Appendix.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Monthly Settlement Date means the 20th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of One Hundred Forty-Five Thousand Dollars ($145,000), including any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the relevant Observation Period, shall consist of:

  • Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .

  • Gross Settlement Amount means $2,300,000 which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and Administration Expenses Payment.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Settlement Interval has the meaning set forth in the CAISO Tariff.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Billing Month is defined in Section 9.1(b).

  • Settlement Costs means all costs incurred by Plaintiffs, and their attorneys, including but not limited to Plaintiffs’ attorneys’ fees, costs of suit, Plaintiffs’ expert or consultant fees, any incentive payments paid to the Class Representatives, notice costs, costs of claims administration, costs incurred by the Claims Administrator, and all other costs of administering the Settlement Agreement (including but not limited to administration costs associated with any website, notice, toll-free telephone number, or any other cost associated with this Settlement Agreement).

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Settlement Dates As determined pursuant to Section 9.4 of the Equity Definitions, subject to Section 9(k)(i) hereof.