VP Settlement Unit definition

VP Settlement Unit means each day occurring during the Term after the Start Date and starting at 00:00 on a day and ending at 23:59 on the same day;
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VP Settlement Unit means each day occurring during the Term after the Start Date and starting at 00:00 on each such day and ending at 00:00 on the following day.
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Examples of VP Settlement Unit in a sentence

  • If, in respect of a VP Settlement Unit, the Variable Payment Rate is greater than zero (0), the DPA Counterparty shall pay the Generator such Variable Payment for the relevant VP Settlement Unit in accordance with clause 13.

Related to VP Settlement Unit

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

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

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

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