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.

Settlement Month has the meaning ascribed to it in Section 5.2.

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 DEFINITION 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. EXHIBIT B – FORM OF OFFICER’S CERTIFICATE OFFICER’S CERTIFICATE TO: Alectra Utilities Corporation (the "DSO") FROM: [Enter Participant legal name] (the “Participant”) DATED: [●] (the “Certificate Date”) RE: Supplemental Registration for the Contracted DER with DER ID# [●] 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:

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.

• Any such Force Majeure shall also reduce the payment being made to the Supplier by way of the same Force Majeure Capacity Reduction Factor applied to the Monthly Capacity Payment for the applicable Settlement Month.

• Delivery or Settlement Month means the calendar month in which a futures contract may be settled by making or taking delivery or by making or receiving a cash settlement of the contract.

• 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.

More Definitions of Settlement Month

Settlement Month means a calendar month (or part thereof) during the Contract Service Term to which settlement applies.

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.

Settlement Month. Shall have the meaning set forth in Exhibit K (Settlement).

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 Month of the Term, the period commencing on the first day of the last full calendar month prior to the expiry of the Term and ending on the last day of the Term.

Settlement Month has the meaning ascribed to it in Section 4.3.

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 F, such month shall be equal to the number of days of the Term in such month.

Settlement Month means the month indicated in SteelHedge Contract for the calculation of related Settlement Price.