Compensation for power transformer and line losses Clause Samples

Compensation for power transformer and line losses. Where the Actual Metering Point and the Defined Metering Point do not coincide then, where necessary, compensation for power transformer and/or line losses shall be provided to meet the overall accuracy at the Defined Metering Point. The compensation may be achieved in the Metering Equipment and in this event the applied values shall be recorded. Supporting evidence to justify the compensation criteria shall be available for inspection by Scottish Settlements. Superseded Alternatively, the compensation may be applied in the software of the relevant Data Aggregation or System Data Provision Service system used for Allocation purposes. In this event the correction factors shall be passed to the appropriate agency and evidence to justify the compensation criteria shall be made available for inspection by Scottish Settlements.
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Compensation for power transformer and line losses. Superseded Where the Actual Metering Point and the Defined Metering Point do not coincide then, where necessary compensation for power transformer and/or line losses shall be provided to meet the overall accuracy at the Defined Metering Point. The compensation may be achieved in the Metering Equipment and in this event the applied values shall be recorded. Supporting evidence to justify the compensation criteria shall be available for inspection by the SSA or its Agent. Alternatively, the compensation may be applied in the software of the relevant data aggregation system used for Settlement purposes. In this event the factors shall be passed to the appropriate agency and evidence to justify the compensation criteria shall be made available for inspection by the SSA or its Agent. A paper endorsed by the Metering Sub-Committee on the loss compensation of power station LV connected meters is "Proposals for Meters Compensations for the FMS - Power Station, Metering" (MSC paper reference "MSC 318"). This paper may be used for guidance purposes.
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Related to Compensation for power transformer and line losses

  • Compensation for Losses Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: (a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); (b) any failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; or (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to Section 10.13; including any loss of anticipated profits and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.

  • Compensation for Damages or Losses When investments by investors of either Contracting Party suffer damages or losses owing to war, armed conflict, a state of national emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party a treatment, as regards compensation or other settlement, not less favourable than that accorded to its own investors or to investors of any Third State.

  • Compensation for Loss of Employee Tools The Employer will replace all Employee tools lost or stolen in accordance with the Award.

  • Compensation for Damages (1) If the Principal has disqualified the Bidder(s) from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent to ▇▇▇▇▇▇▇ Money Deposit/Bid Security. (2) If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to Section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages of the Contract value or the amount equivalent to Performance Bank Guarantee.

  • Compensation for Damage or Loss 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict which is not a result of the activities of the Contracting Party to which the investors belong, civil disturbances, revolution, riot or similar events in the territory of the latter Contracting Party, they shall be accorded by the latter Contracting Party, treatment, as regards restitution, indemnification, compensation or any other settlement, not less favourable than that that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is most favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss in the territory of the other Contracting Party resulting from: a) requisitioning of their property or part thereof by its forces or authorities; b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitution, and where applicable prompt, adequate and effective compensation for damage or loss sustained during the period of requisitioning or as a result of destruction of their property. Resulting payments shall be made in freely convertible currency without delay. 3. Investor whose investments suffer damage or loss in accordance to paragraph 2. of this Article, shall have the right to prompt review of its case by a judicial or other competent authority of that Contracting Party and of valuation of its investments and payment of compensation in accordance with the principles set out in paragraph 2. of this Article.