Reference Day definition
Examples of Reference Day in a sentence
The Reference Day will be determined by the management Board of the Acquiring Company in compliance with the Detailed Rules of KDPW.
The Management Board of PKN ▇▇▇▇▇ will notify KDPW of the selected Reference Day.
If the Management Board of PKN ▇▇▇▇▇ fails to designate the Reference Day or designates such day in breach of the Detailed Rules of KDPW, the Reference Day is the nearest business day that meets the conditions laid down in the Detailed Rules of KDPW.
If Actual Costs for the Reference Day exceed the Cost Estimate for the Reference Day, the applicable Service Recipient shall pay the difference to SRGP in connection with the prepayment.
If the Cost Estimate for the Reference Day exceeds Actual Costs for the Reference Day, the applicable Service Recipient shall be allowed to offset such amount against the prepayment amount for the next applicable Prepayment Day (and, to the extent such difference exceeds the prepayment amount for such Prepayment Day, in subsequent prepayment days).