Utilisation Payments definition

Utilisation Payments means payments calculated in accordance with Schedule Five;
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Utilisation Payments the payments made by the Company in respect to the capacity or energy delivered over a specified period of time, in response to a Utilisation Instruction;
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Utilisation Payments has the meaning given to it in the Service Terms. DOCUMENT CONTROL (Delete as Required) Authorities 0.1 15 December 2023 CMS First draft for consultation 0.2 25 April 2024 CMS Post-consultation draft
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Examples of Utilisation Payments in a sentence

  • DER Reactive Service Providers will receive: Availability Payments for Reactive Power Availability accepted in the Power Potential Tender and Utilisation Payments for Reactive Power Response Availability Prices (£/MVar/hr) and Utilisation Prices (£/MVarh) will be the prices submitted by DER Providers as bids for Service Windows at the day-ahead stage, and will be paid on a pay-as-bid basis.

  • Notwithstanding the above, the licensee must provide a notice setting out all other DSBR Utilisation Payments, SBR Utilisation Payments and SBR Availability Payments it considers, and can provide supporting evidence that, it has incurred in respect of Relevant Year t, to the Authority by 31 March of the Relevant Year t.4K.21.

  • Where the licensee considers, and can provide supporting evidence that, in respect of Relevant Year t, it has incurred DSBR Utilisation Payments, SBR Utilisation Payments or SBR Availability Payments for the first time following this condition coming into effect, it may provide notice of these payments to the Authority within the period up to and including 31 March of the Relevant Year t.4K.19.

  • Thereafter, where the licensee considers, and can provide supporting evidence that, in respect of Relevant Year t, it has incurred in aggregate DSBR Utilisation Payments, SBR Utilisation Payments and SBR Availability Payments in excess of £2.5 million, or such lower amount as the Authority may direct, it may provide notice of those payments to the Authority within the period up to and including 31 March of the Relevant Year t.4K.20.

  • In addition, if a force majeure event affects TNB, TNB’s obligation to make Available Capacity Payments and Daily Utilisation Payments will continue to the extent that the Unit is available to deliver electrical energy to TNB.

  • If TNB fails to complete the transmission facilities specified in the PPA by the stipulated date thereby delaying COD of a Unit, it will pay JEV the full Available Capacity Payments and Daily Utilisation Payments from the scheduled COD.

  • Utilisation Payment For a Site(s) / Group ( ), Utilisation Payments for WPD Restore Services are calculated per-constraint Utilisation event ( ).

  • If a force majeure event affects JEV, TNB will continue to make Available Capacity Payments and Daily Utilisation Payments according to Appendix G of the PPA.

  • For Restore Services, the Company calculates Utilisation Payments.

  • No Utilisation Payments shall be due to the Provider by the Company for any Flexibility Services delivered in excess of the Optional Utilisation Request.


More Definitions of Utilisation Payments

Utilisation Payments means the payments made by the Company in respect to the capacity or energy delivered over a specified period of time, in response to a Utilisation Instruction. “Utilisation Fee” the amount payable by the Company to the Provider for the utilisation of any Flexibility Service, as defined in the Service Terms; and “Zone” the feeding area of the DERs being managed or where the Flexibility Services will be provided and to which the Flexibility Services will be delivered.
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Utilisation Payments has the meaning given to it in the Service Terms.
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Utilisation Payments has the meaning given to it in the Service Terms. DOCUMENT CONTROL (Delete as Required) Authorities Version Issue Date Authorisation Comments 3.0 29 April 2024 ENA Open Networks Steering Group Publication of Standard Agreement Ver 3.0
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Related to Utilisation Payments

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Utilisation means a utilisation of the Facility.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Special Payments Account means the Eligible Deposit Account created pursuant to Section 2.2 as a sub-account to the Collection Account.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Cash Advance Fees shall have the meaning specified in the Credit Card Agreement applicable to each Account for cash advance fees or similar terms.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Drawdown means a drawdown of a Facility.

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Special Payment Means any payment (other than a Scheduled Payment) in respect of, or any proceeds of, any Equipment Note or Collateral (as defined in each Indenture).

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.