Difference Amount definition
Difference Amount means the difference between the Total Indemnity Amount and the Maximum Indemnity Amount.
Difference Amount means, for any Settlement Interval, an amount payable from the AESO to the Generator, or from the Generator to the AESO, as the case may be, on account of the difference between the Strike Price and the Pool Price, determined in accordance with Section 6.2;
Difference Amount means, in respect of a Settlement Unit, an amount (expressed in pounds) calculated in accordance with the following formula: Difference Amount = Difference x max (min (Qt x ht x TLMt, Mt), 0) where: Qt is: (i) if only one Reactor has reached its Start Date, 1,638.6 MW; (ii) if both Reactors have reached their Start Dates, 3,277.2 MW; and (iii) if Reactor One has reached the end of the Reactor One Term but Reactor Two has not reached the end of the Reactor Two Term, 1,638.6 MW; ht is the number of hours in Settlement Unit (t); TLMt is the transmission loss multiplier allocated in accordance with the BSC, or any new or substituted multiplier or factor which is in the nature of, or similar to, a transmission loss multiplier, in Settlement Unit (t); and Mt is the Metered Output of the relevant Reactor(s) during Settlement Unit (t);
Examples of Difference Amount in a sentence
If the Difference Amount is less than zero, the NAV Adjustment shall be zero.
Finally, Non-Qualifying Volumes will also be taken into consideration in the calculation of the Difference Amount but only when the Reference Price for Non-Qualifying Volumes exceeds the Strike Price, whereby an amount will be payable by the Producer to the LCHA Counterparty.
Arrangements The GGR business model will be taxpayer funded including the payment of the Difference Amount and T&S Charges, where the liability of the GGR Counterparty will be limited by reference to the Funding Mechanism to be entered into between the GGR Counterparty and HMG.
The Alliance Management Team must then promptly satisfy Main Roads’ concerns and the provisions of clause 17.6 of this Agreement will apply to any overpayment by Main Roads of the Difference Amount.
Example 1: Assuming that the Closing Current Assets are $192,000 and the Closing Current Liabilities are $117,000, then the Difference Amount would be [$292,000 - $117,000] - [$192,000 - $117,000] = $100,000.
More Definitions of Difference Amount
Difference Amount means the amount that is equal to the Permitted Short Term Debt Amount minus $1,000,000,000, provided that if such amount is less than zero, the Difference Amount shall be zero.
Difference Amount has the meaning given to that term in item 5.2 (Difference Payment).
Difference Amount means, on any date, the Notes Accreted Amount as of that date minus the Principal Amount.
Difference Amount means, with respect to each Outstanding Claim the resolution of which is resolved in a Final Determination after the Payment Date, the lesser of (a) the excess, if any, of (i) the Reserve Amount for such Claim over (ii) the amount of such Outstanding Claim determined pursuant to the Final Determination, and (b) the outstanding Principal Amount as of the relevant Resolution Payment Date. To the extent that the Maker determines in its reasonable good judgment that the amount held in the Trust Account established pursuant to Section 6.17 of the Asset Purchase Agreement is insufficient to pay in full all Group Tax Liabilities, then the Maker may, at its option, pay any amounts due hereunder into such Trust Account. Payments under this Note to the various entities constituting AMRESCO shall be allocated among such entities in the same proportions as the Purchase Price is allocated among such entities pursuant to the Asset Purchase Agreement. Any such entity shall be permitted to assign its interest in this Note to any other such entity or to any Retained Subsidiary, provided that the assignor and any assignee shall remain subject to the terms of this Note and the Maker's defenses and rights (including, without limitation, offset rights) hereunder. The undersigned may prepay all or any portion of the Principal Amount of this Note at any time and from time to time without premium or penalty. This Note shall terminate, and be deemed canceled and satisfied and be of no further force or effect, immediately if at any time the Principal Amount shall be reduced to zero and in addition immediately upon the last to occur of the following (A) the first date on which all Outstanding Claims shall have been resolved pursuant to a Final Determination, or (B) the date the Maker shall have satisfied in full its obligation to pay in full any First Payment Amount and Difference Amounts, together with any accrued interest thereon. Any other provision contained herein or in the Asset Purchase Agreement or any other Related Document notwithstanding, the obligations hereunder and under the Asset Purchase Agreement or any other Related Document of the Maker and/or any of its subsidiaries and Affiliates are subject to, and the Maker and such subsidiaries and Affiliates shall have the benefit of, all defenses, counterclaims, rights of offset or recoupment or other claims and rights (collectively, "Offsets") which the maker and/or such subsidiaries and Affiliates may have at any time aga...
Difference Amount means the amount calculated in accordance with Section 2.2.
Difference Amount has the meaning given to that term in item 4.1 (Difference Amount).
Difference Amount means, in respect of a [Settlement Period][Settlement Hour], the amount (expressed in pounds) calculated in accordance with the following formula: