Unused Allocation definition

Unused Allocation means that portion of the allocated Capacity awarded to a Shipper on a prorated pipeline segment that is projected to go unused based on Shipper's Nominations.
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Unused Allocation. ’ means the amount by which the quantity set forth in a license, including any additional amount received pursuant to paragraph
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Unused Allocation means $250,000,000, as such amount may be increased from time to time due to reductions in Banks' Allocations or decreased from time to time due to increases in Banks' Allocations, in each case as provided in Section 2.18 and Section 8.08(d)(ii).
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Examples of Unused Allocation in a sentence

  • These charges will be waived when there exists Unused Allocation as a result of deliveries having been reduced at the request of the Carrier, or where Carrier operational problems prevented full receipt or delivery of barrels tendered by the Shipper.

  • Second, the remainder shall be allocated to the New Convertible Notes Class C Unsecured Creditors and the New Convertible Notes Class C Backstop Parties as described below (the “ Unused Allocation Amount”); or (y) such other less favorable treatment as to which the Administrative and Disputed Claims Agent and the Holder of such Allowed Class 5 Claim shall have agreed upon in writing.

  • The consideration provided by the New Convertible Notes Class C Backstop Parties for the Direct Allocation Amount and the consideration provided by Participating Holders of General Unsecured Claims for the Unused Allocation Amount (including with respect to the New Convertible backstop commitment) shall comprise $0.921692 of new money for each $1 of Allowed General Unsecured Claims against LATAM Parent.

  • The New Convertible Notes Class C Backstop Parties shall subscribe to the Unused Allocation Amount with an amount of Allowed Claims (and related new money) equal to approximately 70.74%14 of the Unused Allowed Claims held by the New Convertible Notes Class C Backstop Parties that remain after reduction by Allowed Claims used in the Direct Allocation Amount.

  • The New Convertible Notes Class C Unsecured Creditors shall subscribe to the Unused Allocation Amount with an amount of Allowed Claims (and related new money) equal to approximately 35.37%13 of the Allowed Claims that are held by the New Convertible Notes Class C Unsecured Creditors.

  • Overall, the SCSL has experienced practical hardships in attaining its objectives.

  • The Unused Allocation Amount (defined below) shall be allocated to the New Convertible Notes Class C Unsecured Creditors and the New Convertible Notes Class C Backstop Parties as follows: (i) as consideration on account of such Holders’ Allowed Claims in the Chapter 11 Cases in the amount consistent with the recovery provided on account of Class 5b Treatment under the Approved Plan and (ii) as consideration on account of new money investment by such Holders.

  • F-2b: Resolution Ceding The Aggregate Remaining Unused Allocation Of 2011 Private Activity Bond Volume Cap Of The Village Of University Park To The Illinois Finance Authority For Use By Projects In The Chicago Southland Area Trustee Covington moved, Trustee Roudez seconded a motion that the Board approves this resolution.Trustee Covington commented on the process for ceding the 2011 Bond Volume Cap.

  • The consideration provided by the New Convertible Notes Class C Backstop Parties for the Direct Allocation Amount and the consideration provided by the New Convertible Notes Class C Unsecured Creditors and the New Convertible Notes Class C Backstop Parties for the Unused Allocation Amount (including with respect to the New Convertible Note Class C Backstop Commitment) shall be comprised of US$0.921692 of new money for each $1 of Allowed Claims.

  • The New Convertible Notes Class C Unsecured Creditors shall subscribe to the Unused Allocation Amount with an amount of Allowed Claims (and related new money) equal to approximately 35.36984% 1 of the Allowed Claims that are held by the New Convertible Notes Class C Unsecured Creditors.