UCC Settlement definition

UCC Settlement means the settlement and resolution of any and all objections and claims of the Committee to the sale of the Debtors’ assets incorporated in those certain Final Orders of the Bankruptcy Court in these Chapter 11 Cases [Docket Nos. 575, 576, 579, 652], including the CA Committee Settlement.
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UCC Settlement means the settlement with the Committee as set forth herein, which settlement is agreed to and supported by the Committee.
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UCC Settlement means the settlement of the UCC’s potential objections to the DIP Facility and the restructuring transactions contemplated under the restructuring support agreement, dated as of January 16, 2024, a copy of which is filed at Docket No. 1613, the terms of which are set forth in the
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Examples of UCC Settlement in a sentence

  • The UCC Settlement would provide no net metering credit against utility distribution charges for electricity exports from DG systems.

  • The UCC Settlement would provide customer-generators the option to request installation of a revenue grade production meter, to be owned by the utility and at no cost to the customer, which would provide customers with the data necessary to participate in the REC market.

  • Thiswould be “so that the percent change in annual load for customers, by rate class, who did and did not adopt net metering, can be compared for comparable time periods.” Id. at 9.Under the UCC Settlement, a locational value study similar to the “Location Specific Avoided Transmission and Distribution Avoided Costs Using Probablistic Forecasting and Planning Methods” performed in 2016 by Nexant, Inc.

  • Id. at 4-6.Mr. Below also criticized the UCC Settlement provisions for energy export credits for customer-generators taking competitive supply service, based on the crediting of respective suppliers with sales revenues for all instantaneous imports while benefitting all suppliers through the process of adjusting retail load obligations to wholesale obligations.

  • Id. at 7.The UCC Settlement provides that the default service portion of the credit for exported energy and any avoided cost credits for exported energy provided to customers on competitive supply would be recovered via reconciliation through the default service charge.

  • He criticized the UCC Settlement in particular based on its implications for the “complicated process” of “truing up retail loads to wholesale,” with respect to customer-generators obtaining electric supply from a competitive electric power supplier.Id. at 110-114.

  • If Vf > Vx thenfthe fibers break first (at σ *Vf+ σ ' (1−Vf) ) which means that the stress that themfibers were carrying now has to be carried by the matrix alone.

  • Id. at 11.The UCC Settlement would require the utilities to provide data, where available, on annual loads for net-metered accounts for one or more years before the customers interconnect their net metered systems along with annual average loads for comparable time periods, before and after implementation of net metering, for customers who did not adopt net metering.

  • Energy and Planning (OEP) filed a statement of support for the UCC Settlement and indicated it joined the UCC Settlement.

  • Id.With respect to DG customer REC market participation, the UCC Settlement provides that the utilities would serve as independent monitors for customer-generators who want the utilities to monitor their electricity output and report the output to the New England Power Pool Generation Information System (NEPOOL-GIS).

Related to UCC Settlement

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Retail Settlement Code or “Code” means this code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and consumers and provides for tracking and facilitating consumer transfers among competitive retailers.

  • Net Share Settlement On each Settlement Date, Issuer shall deliver to Dealer a number of Shares equal to the Number of Shares to be Delivered for such Settlement Date to the account specified by Dealer and pay cash to Dealer in lieu of any fractional shares valued at the Relevant Price on the Valuation Date corresponding to such Settlement Date. Number of Shares to be Delivered: In respect of any Exercise Date, subject to the last sentence of Section 9.5 of the Equity Definitions, the product of (i) the number of Warrants exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii)(A) the excess, if any, of the VWAP Price on the Valuation Date occurring on such Exercise Date over the Strike Price, divided by (B) such VWAP Price. The Number of Shares to be Delivered shall be delivered by Issuer to Dealer no later than 4:00 P.M. (local time in New York City) on the relevant Settlement Date.

  • Final Settlement Date has the meaning set forth in Section 3.1(e).

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Individual Settlement Payment means the amount payable from the Net

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;