Compensation value Sample Clauses

Compensation value. The value resulting from not completed electricity quantity from the seller with the price defined according to the provisions of article 5 of Council of Ministers Decision no. 244/2016, as amended
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Compensation value. In this Section 8.6, “Compensation Value“ means one of the following three options and Nalcor may select which option shall apply: (i) Nalcor shall provide Emera with an amount of Energy and Capacity equal to the portion of the entire amount of the Nova Scotia Block remaining to be delivered at the time of the Compensation Event (the “Undelivered Nova Scotia Block”), which Energy and Capacity has equivalent characteristics to the Nova Scotia Block (including firmness and RES or equivalent regulatory or greenhouse gas reduction characteristics). Nalcor shall be liable to deliver such Energy and Capacity in accordance with the Nova Scotia Block Delivery Schedule, with any necessary changes being made to such schedule; or (ii) Nalcor shall provide Emera with an amount of Energy and Capacity equal to the entire amount of the Undelivered Nova Scotia Block, which Energy and Capacity does not have all of the equivalent characteristics to the Nova Scotia Block (including firmness and RES or equivalent regulatory or GHG reduction features). Nalcor shall be liable to deliver such Energy and Capacity in accordance with the Nova Scotia Block Delivery Schedule, with any necessary changes being made to such schedule, and Nalcor shall be liable to Emera in damages for a monetary amount equal to the net present value of those unprovided characteristics; or (iii) if Nalcor does not elect to provide Emera with the entire amount of the Undelivered Nova Scotia Block pursuant to Section 8.6(b)(i) or (ii), then Nalcor shall pay to Emera the Compensation Value in an amount equal to the net present value of the costs Emera would have to incur, consistent with the least cost option which is consistent with Good Utility Practice, to either: (A) acquire from third parties and then deliver to the NS Transmission System; or (B) take steps to generate or cause to be generated, and then transmit Energy and Capacity equal to the Undelivered Nova Scotia Block with equivalent characteristics (including firmness and RES or equivalent regulatory or GHG reduction features), less the net present value of the ML O&M Costs that would have been payable by Emera had the Nova Scotia Block been delivered under this Agreement. If the Energy and Capacity does not have equivalent characteristics to the Nova Scotia Block (including firmness and RES or equivalent regulatory or GHG reduction features), Nalcor shall be liable to Emera for damages in a monetary amount equal to the net present value of those...
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Related to Compensation value

  • Compensation & Payment 8.4.1. Should the claim be found proven; settlement is executed only in the form of compensation payment added to the Client trade account. 8.4.2. Compensation shall not compensate the profit not received by the Client in the event that the Client had an intention to perform some action but has not performed it for some reason. 8.4.3. The Company shall not compensate non-pecuniary damage to the Client. 8.4.4. The Company adds a compensation payment to the Client trading account within one working day since the moment of making a positive decision on the dispute situation.

  • Cash Compensation The Company shall pay to the Executive compensation for his services during the Contract Period as follows:

  • Total Compensation 5.1. Contractor shall include Total Compensation in ▇▇▇ for each of its five most highly compensated Executives for the preceding fiscal year if: 5.1.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 5.1.2. In the preceding fiscal year, Contractor received: 5.1.2.1. 80% or more of its annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.2. $25,000,000 or more in annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.3. The public does not have access to information about the compensation of such Executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d) or § 6104 of the Internal Revenue Code of 1986.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Dealer Compensation (a) On each purchase of shares by you from us, the total sales charges and your dealer concessions shall be as stated in each Fund’s then current Prospectus, subject to FINRA rules and applicable laws. Such sales charges and dealer concessions are subject to reductions under a variety of circumstances as described in the Funds’ Prospectuses. For an investor to obtain these reductions, we must be notified at the time of the sale that the sale qualifies for the reduced charge. If you fail to notify us of the applicability of a reduction in the sales charge at the time the trade is placed, neither we nor any of the Funds will be liable for amounts necessary to reimburse any investor for the reduction which should have been effected. (b) In accordance with the Funds’ Prospectuses, we or our affiliates may, but are not obligated to, make payments to you from our own resources as compensation for certain sales which are made at net asset value (“Qualifying Sales”). If you notify us of a Qualifying Sale, we may make a contingent advance payment up to the maximum amount available for payment on the sale. If any of the shares purchased in a Qualifying Sale are repurchased or redeemed within twelve (12) months of the month of purchase, we shall be entitled to recover any advance payment attributable to the repurchased or redeemed shares by reducing any account payable or other monetary obligation we may owe to you or by making demand upon you for repayment in cash. We reserve the right to withhold advances to you, if for any reason we believe that we may not be able to recover unearned advances from you. Termination or suspension of this Agreement shall not relieve you or us from the requirements of this subsection. (c) You agree to waive payment of any dealer concessions payable to you by us until such time as we are in receipt of such dealer concessions.