Proportional Allocation definition

Proportional Allocation means a method of allocation to Shippers of quantities on a pro-rata basis by reference to metered quantity, as opposed to allocations of Confirmed Nomination Quantities.
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Proportional Allocation means the allocation by IUK to IUK Shippers and by National Grid Gas to National Grid Gas Shippers of the quantities of gas in accordance with the allocation principles set out in paragraph 6.1(ii);
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Proportional Allocation. ’ means the allocation referred to in regulation 2(2)(a).
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Examples of Proportional Allocation in a sentence

  • DESFA will also inform Gastrade if any Proportional Allocation Event occurred in the previous Gas Month and its effect on the OBA Balance.

  • DESFA will also inform Gastrade if any Proportional Allocation Event occurred in the relevant Gas Day and its effect on the OBA Balance.

  • The Proportional Allocation Factor may change if the generation asset and contract sale results in multiple Closing Dates, or a different mix of resources available to serve the Remaining Customer Load.

  • In the event that Buyer, or any of its representatives, agents or consultants, contributes to any environmental Liability at the Facilities located in Tulsa or McAlester, Oklahoma, for which Seller also has environmental Liability, each party shall be responsible for its Proportional Allocation.

  • In the event that Buyer, or its representatives, agents or consultants, contributes to an environmental Liability for which Seller also has environmental Liability, each party shall be responsible for its Proportional Allocation.

  • ICGB will also inform DESFA if any Proportional Allocation Event occurred in the relevant Gas Day and its effect on the OBA Balance.

  • The Proportional Allocation Factor defined in Exhibit C assumes the same Closing Date, which will be defined, for all assets and power purchase agreements.

  • An initial non-binding estimate of the Seller's share of the Buyer's Remaining Load Obligation can be computed by multiplying the initial estimate of the Remaining Customer Load shown in Exhibit D by the appropriate Proportional Allocation Factor in Exhibit C.

  • Proportional Allocation to Remaining Losses The amount of any benefit ("Remaining Coverage") remaining after application of Base Coverages to Covered Losses shall be allocated to those Covered Losses (the "Remaining Losses") remaining after application of Base Coverages.

  • Gas Flow Day Commencing 05:00h on: Steering Difference (kWh): Cumulative Steering Difference (kWh): This information is intended only for the addressee …………………… To National Grid – Shift Representatives Fax No ▇▇▇▇(▇)▇▇▇▇▇▇▇▇▇▇ No of pages Subject Proportional Allocation Request Notice Time xx:xx hrs This Notice is given pursuant to paragraph 7.1 in Annex H of the Interconnection Agreement (GB – Ireland Interconnector) and relates to the operational balancing account.


More Definitions of Proportional Allocation

Proportional Allocation means the allocation of gas to Users at a particular IP such that the Net Aggregate Allocated Quantities are equal to the Entry Point Daily Quantity Delivered or, as the case may be, the CSEP Daily Quantity Offtaken as more particularly described in section 4 of these business rules
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Proportional Allocation means with respect to an environmental Liability each party's proportionate contribution to such environmental Liability.
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Proportional Allocation means a method of allocation to Shippers of quantities on a pro-rata basis by reference to the Daily Metered Quantity as opposed to allocations of Confirmed Quantities.
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Related to Proportional Allocation

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Final Allocation has the meaning set forth in Section 2.3.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Allocation has the meaning set forth in Section 3.3.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).