Settling Supplier Receivables definition

Settling Supplier Receivables means all of Settling Supplier’s rights and claims to payment by or from the PX and/or the ISO, before Mitigation in the EL00-95 Proceeding, for sales of electric capacity, energy, and ancillary services into the California Markets during the Settlement Period, and includes any Chargeback Amounts and any ISO and PX collateral (including amounts in the ISO prepayment account) to which Settling Supplier is entitled.
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Settling Supplier Receivables means all of Settling Supplier’s rights and claims to payment by or from the PX and/or the ISO, before Mitigation in the EL00-95 Proceeding, for sales of energy and ancillary services into the California Markets during the Settlement Period and Chargeback Amounts to which Settling Supplier claims an entitlement.
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Settling Supplier Receivables means all of Settling Supplier’s rights and claims to payment by or from the PX and/or the ISO, before Mitigation in the EL00-95 Proceed- ing, for sales of energy and ancillary services into the California Markets during the Settlement Period and Chargeback Amounts to which Settling Supplier claims an enti- tlement.
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Examples of Settling Supplier Receivables in a sentence

  • Settling Supplier warrants and represents that the Estimated Receivables Amount is consistent with all information concerning Settling Supplier Receivables of which it has knowledge as of the Execution Date.

  • On January 15, 2010, Settling Supplier paid to the California Parties by wire transfer from funds other than the Settling Supplier Receivables and any amounts representing accrued and unpaid interest on the Settling Supplier Receivables, the amounts specified in Item 4.1.2(a) of the Cover Sheet (the “Cash Consideration”) to the Settling Supplier Refund Escrow (PNM).

  • Likewise, interest shall be calculated on the Settling Supplier Receivables at the FERC Interest Rate.

  • The California Parties shall assume responsibility for the Settling Supplier’s share of ISO or PX dispute resolution allocations (e.g., good faith negotiations, alternative dispute resolution adjustments) applicable to transactions during the Settlement Period, to the extent such allocations are not included in the determination of Settling Supplier Receivables.

  • Settling Supplier further warrants and represents that it has not, as of the Execution Date, pledged, hypothecated, sold, transferred, or otherwise assigned, to any third party voluntarily, or to the best of its knowledge involuntarily, or by way of setoff or offset, any portion of the Settling Supplier Receivables or the associated interest on Settling Supplier Receivables and covenants that it will not do so following the Execution Date, except as expressly provided for herein.

  • The ISO shall recognize, as a reduction in the amounts payable by the PX to the ISO, all distributions from the PX Settlement Clearing Account to the Settling Supplier Refund Escrow (PNM) that represent payments of amounts owed by the ISO to Settling Supplier for the Settling Supplier Receivables.

  • In consideration of the respective covenants herein, Settling Supplier shall provide monetary consideration in the form of (a) the Cash Consideration, and (b) assignment of the Settling Supplier Receivables including interest thereon (collectively, the “Settlement Proceeds”).

  • The PX and ISO shall reflect on their books and records all distributions from the PX Settlement Clearing Account to the Settling Supplier Refund Escrow (PNM) that represent payments of amounts owed by the ISO to Settling Supplier for the Settling Supplier Receivables.