Settlements and Prudential Methodology definition

Settlements and Prudential Methodology means the methodology established under clause 17.3. Spread Product is defined in clause 12.1. Spread Product Price is defined in clause 12.1. Swap Delivery Point is defined in clause 12.1. Swap Receipt Point is defined in clause 12.1.
Settlements and Prudential Methodology means the methodology established under clause 17.3. Suspension Event is defined in clause 19.1.
Settlements and Prudential Methodology means the methodology established under clause 17.3. Spread Product is defined in clause 12.1.

Examples of Settlements and Prudential Methodology in a sentence

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

  • This Exchange Agreement (including its schedules and the Settlements and Prudential Methodology) and Part 22 of the National Gas Rules set out or provide for the terms of participation in the Exchange and transactions entered into through the Exchange.

  • The Settlements and Prudential Methodology comprises clause 2 (as applicable) and clauses 4 and 5.

  • 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 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.

  • This Exchange Agreement (including its schedules and the Settlements and Prudential Methodology) and Part 22 of the National Gas Rules set out or provide for the terms of participation in the Exchange and transactions entered into through the Exchange.1.3 Membership Agreements This Exchange Agreement is made contractually binding between the Operator and all Members by the Membership Agreement executed by the Operator and by or on behalf of each Member.

  • The Settlements and Prudential Methodology forms part of this Exchange Agreement and has effect as if set out in full in the body of this agreement.

  • Prudential Exposure Debit Participant The total estimated Prudential Exposure across all relevant Gas Days of the Reallocation Request, as determined in accordance with the Settlements and Prudential Methodology, must not cause the Debit Participant’s Prudential Exposure (inclusive of Reallocation Requests) to exceed its Trading Limit.

  • This Exchange Agreement (including its schedules and the Settlements and Prudential Methodology) and Part 22 of the National Gas Rules set out or provide for the terms of participation in the Exchange and transactions entered into through the Exchange.1.3 Membership Agreements‌ This Exchange Agreement is made contractually binding between the Operator and all Members by the Membership Agreement executed by the Operator and by or on behalf of each Member.

  • The Operator may, in accordance with the Settlements and Prudential Methodology, recalculate the Prudential Exposure of a Trading Participant at the commencement of a Trading Halt.


More Definitions of Settlements and Prudential Methodology

Settlements and Prudential Methodology means the methodology established under clause 17.3.

Related to Settlements and Prudential Methodology

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