Allocation Principles Sample Clauses
Allocation Principles. 6.1 The Transportation Arrangements provide for the quantities of gas delivered and offtaken at the Interconnection Point to be allocated among each Operator’s Shippers in respect of Gas Day D, based on the Confirmed Nomination Quantities, as follows:
(i) except where paragraph 6.1(ii) applies, the quantity allocated for Gas Day D to each Shipper active at the Interconnection Point on Gas Day D in each direction is equal to the sum of the Confirmed Nomination Quantities for that Shipper in that direction; and
(ii) where the Operators have agreed to implement Proportional Allocation in accordance with paragraph 6.2 (and have complied with the notice requirements under paragraph 7):
(1) in the case of IUK:
(A) the quantity to be allocated for Gas Day D by IUK to each IUK Shipper active at the Interconnection Point in each direction shall be determined by IUK in accordance with the allocation rules in IUK’s Access Rules (and on National Grid Gas’s request, IUK will inform National Grid Gas of such allocation rules);
(B) IUK shall provide to National Grid Gas a statement (“PA Statement”) no later than Gas Day D+1 for Gas Day D setting out, subject to paragraph 6.1(ii)(1)(C), the quantity allocated by IUK to each IUK Shipper active at the Interconnection Point in each direction; and
(C) IUK shall ensure that the sum of: (i) the quantity to be allocated by IUK to each IUK Shipper active at the Interconnection Point for Gas Day D; and (ii) the Cumulative Steering Difference Correction for Gas Day D (if any) shall equal the Daily Metered Quantity; and
(2) in the case of National Grid Gas:
(A) National Grid Gas shall use the PA Statement to allocate for Gas Day D quantities to National Grid Gas Shippers active at the Interconnection Point on Gas Day D; and
(B) if IUK does not provide to National Grid Gas the PA Statement for Gas Day D as required under paragraph 6.1(ii)(1)(B) by Gas Day D+5, the quantity to be allocated for Gas Day D by National Grid Gas to each National Grid Gas Shipper active at the Interconnection Point on Gas Day D in each direction shall be determined in accordance with the alternative allocation rules in National Grid Gas’s Transportation Arrangements.
6.2 The Operators may agree to implement Proportional Allocation for Gas Day D in accordance with paragraph 4.2 if on Gas Day D:
6.2.1 in the case of National Grid Gas, an emergency has occurred in accordance with its Transportation Arrangements; and/or
6.2.2 an Exceptional Event has occurred i...
Allocation Principles. 6.1 The Gas quantities last confirmed to the Customer for injection shall be deemed to be injected, except the cases when the allocated quantities have been retroactively adjusted by the Interconnected Network Operator. The injected Gas quantities shall be credited by the SSO to the Customer’s Storage Account associated with the Gas Storage Agreement under which the injection was requested.
6.2 The Gas quantities last confirmed to the Customer for withdrawal shall be deemed to be withdrawn, except the cases when the allocated quantities have been retroactively adjusted by the Interconnected Network Operator. The withdrawn Gas quantities shall be debited by the SSO from the Customer’s Storage Account associated with the Gas Storage Agreement under which the withdrawal was requested.
Allocation Principles. Except as otherwise provided in this Section 2 or in Section 6.05(a) of this Agreement, Taxes shall be allocated as follows:
Allocation Principles. Rules and methodologies
1. Manual load/production shedding shall be allocated to areas with largest lack of reserves according to the net reserve situation in the different areas. The Net reserve situation is defined by if an area has sufficient available mFRR to cover the ACE OL for the area.
2. In case of sharing of reserves, the TSO that will be rewarded for the reserves is the TSO where the reserves are physically located.
3. In case of an uncongested Nordic synchronous area, manual load/production shedding shall be executed by the TSO which has the largest lack of reserves in its control area according to the net reserve situation.
4. In case of a congested Nordic synchronous area, manual load/production shedding shall be executed by the TSO which has the largest lack of reserves in its relevant LFC area(s) according to the net reserve situation considering the deficit/surplus area "behind" the congestion(s).
5. If the calculations result in "similar reserve situations" (difference in net reserve situation ≤ 200 MW) in relevant areas for two or more TSOs, the TSOs will be responsible for an equal share of the total need for manual load/production shedding.
Allocation Principles. Rules and methodologies 1. Manual demand disconnection shall be allocated to areas with largest lack of reserves according to the net reserve situation in the different areas. Net reserve situation = available mFRR (relevant area) – inverted ACEOL (relevant area) 2. In case two (or more) TSOs share mFRR reserves and both TSOs "need" the shared reserves, the TSO that will be rewarded for the reserves is the TSO where the reserves are physically located.
Allocation Principles. Any payments or reimbursements to Sellers by Buyer or its Affiliates under this Agreement (including, without limitation, the Purchase Price, the Final Adjustment Payment and indemnification payments pursuant to Article VIII and Article IX) shall be allocated between Sellers and further allocated to the Acquired Company Shares and among the Acquired Company Subsidiaries in accordance with the principles set forth in Exhibit A hereto.
Allocation Principles. (a) Where costs or expenses relate to the Rail Study and other works, and those costs or expenses are reasonably attributable to the other works, then those costs or expenses will be allocated by Aurizon Network to the other works to which they are reasonably attributable.
(b) Where:
(i) costs or expenses relate to the Rail Study and other works; and
(ii) paragraph (a) of this item 4 of this Schedule 4 does not apply, then Aurizon Network must allocate those costs or expenses to the other works on a pro-rata basis based on the proportion that the budgeted costs and expenses for the other works bears to the total of the budgeted costs and expenses for the other works and the Rail Study. Calculation of Drawdown Amount The Drawdown Amount for a Month is calculated in accordance with the following formula: where: CSP = The Study Funder’s Study Percentage SC = The Study Costs Incurred by Aurizon Network prior to or during that Month which have not already been included in a Drawdown Notice previously given by Aurizon Network. Calculation of Project Management Fee
Allocation Principles. 7.1 All items of cost and revenue included in Settlements hereunder shall be related to the provision of or receipt of transmission service or a related (“ancillary”) service by one or more Members on behalf of one or more of the Members. The allocation methods used to share such costs and revenues, as specified in Appendix I, shall be made pursuant to direction by the Transmission Committee.
7.2 The Transmission Committee may at any time during the Term of This Agreement, upon the recommendation of the Agent or any Member, review any item of cost or revenue, in order to determine whether such item is transmission-related, and whether it should be included in Settlements hereunder. Further, whenever the Transmission Committee determines that any change is needed in Appendix I to add or delete any item of cost or revenue, or to change the allocation or accounting basis of any item, the Transmission Committee shall authorize and direct the Agent when and how to effect such change in Appendix I and in monthly Settlements among the Members.
7.3 Allocations of costs shall, to the extent practicable, be based on measurable cost indicators that will effect a sharing of costs among the Members consistent with the use of such service, and will be sufficiently stable, over time, so as not to cause undue or objectionable variability in the costs of the Members.
7.4 Allocations of revenues shall, to the extent practicable, be based on measurable indicators of the cost incurred by each Member in providing the service that gave rise to the revenue.
Allocation Principles. The Company hereby adopts, and agrees to act in accordance with, the Allocation Principles. Each of AHI Member, the Principals, NSAM Member and NSAM Parent shall, and shall cause each of their respective Affiliates to, act in accordance with the Allocation Principles.
Allocation Principles. [The schedules, exhibits and annexes to this agreement have been omitted. The registrant hereby agrees to furnish supplementally a copy of any omitted schedule, exhibit or annex to this agreement to the Securities and Exchange Commission upon its request.] THIS ASSET PURCHASE AGREEMENT (the “Agreement”) is made and entered into as of April 11, 2007, by and among Edgen ▇▇▇▇▇▇ Corporation, a Nevada corporation (“Parent”), Edgen ▇▇▇▇▇▇ LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent (“Buyer”), Petro Steel International, L.P., a Pennsylvania limited partnership (“Petro Steel”), Petro Steel International, LLC, a Pennsylvania limited liability company (the “General Partner,” together with Petro Steel, the “Company”), and ▇▇▇▇ ▇▇▇▇▇▇ (“▇▇. ▇▇▇▇▇▇”), ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (“▇▇. ▇▇▇▇▇▇▇▇”) and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ (“▇▇. ▇▇▇▇▇▇▇▇▇▇,” together with ▇▇. ▇▇▇▇▇▇ and ▇▇. ▇▇▇▇▇▇▇▇, the “Limited Partners” and, together with ▇▇. ▇▇▇▇▇▇, ▇▇. ▇▇▇▇▇▇▇▇ and the General Partner, the “Partners”).