Conditional Firm definition

Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the Interconnector Access Code;
Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the IUK Access Code;
Conditional Firm means a form of Transmission Service which Bonneville may offer under a separate arrangement if Bonneville determines it does not have sufficient long-term ATC to meet the request. Conditional Firm includes less-than-firm transmission service defined by a lower curtailment priority in either a defined number of hours in a year or during predefined system conditions [FERC Order No. 890, ¶¶ 911 and 912), which Bonneville will use due diligence to develop but is not obligated to offer under this Agreement.

Examples of Conditional Firm in a sentence

  • It is available to Transmission Customers taking Network Integration Transmission (NT) Service over Federal Columbia River Transmission System Network and Delivery facilities, including Conditional Firm (CF) Service.

  • Curtailment of Conditional Firm Transmission Service is allowed when the conditions and/or events being studied formed the basis for the Conditional Firm Transmission Service.

  • It is available to Transmission Customers taking Point-to-Point (PTP) Transmission Service over Federal Columbia River Transmission System (FCRTS) Network and Delivery facilities, including Conditional Firm (CF) Transmission Service , and for hourly non-firm service over such FCRTS facilities for customers with Integration of Resources agreements.

  • Bonneville will remove NT Conditional Firm from the tariff and commits to implementing NT Service as described in the NT Service Overview flowchart in Attachment 6 to this TC-20 Settlement Agreement.

  • It is available to Transmission Customers taking Network Integration Transmission (NT) Service over Federal Columbia River Transmission System Network and Delivery facilities and to Transmission Customers taking Conditional Firm Service.

  • It is available to Transmission Customers taking Point-to-Point (PTP) Transmission Service over Federal Columbia River Transmission System (FCRTS) Network and Delivery facilities, including Conditional Firm (CF) Transmission Service.

  • Interconnector will allocate these costs as an exceptional charge to the holders of Conditional Firm (CF1) Capacity who flow during the affected gas day(s), pro-rated to the sum of their Entry Allocations at the Zeebrugge Entry Point on the affected Gas Day.

  • Room allocations and Contracts for Conditional Firm applicants, will be issued when the Conditions of the Offer of Admission have been met.

  • The College considers the results of all applicants who are holding a Conditional Firm (CF) or Conditional Insurance (CI) place before deciding whether to confirm an applicant’s place.

  • Conditional Firm Service (CFS) is a form of Long-Term Firm (LTF) Point-To-Point (PTP) Transmission Service that allows the Transmission Provider to curtail the reservation at the Curtailment Priority Code 6.


More Definitions of Conditional Firm

Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the IAC; “Conditional Firm CF1” has the meaning given in Section I paragraph 4.4 of the IAC;

Related to Conditional Firm

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • Conditional Acceptance means a conditional acceptance by the Liquidity Provider of an extension of the Scheduled Termination Date.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Independent Firm means a recognized law or accounting firm; provided, however, that such term shall not include any accounting firm that performs or has preformed audit services with respect to Distributing or Controlled.

  • Company Acquisition Proposal means any offer, indication of interest or proposal (other than an offer or proposal made or submitted by or on behalf of Parent or any of its Subsidiaries) contemplating or otherwise relating to any Company Acquisition Transaction.

  • Approval Notice means, with respect to any Eligible Loan Asset, the written notice, in substantially the form attached hereto as Exhibit A, evidencing the approval by the Agent, in its sole discretion, of the conveyance of such Eligible Loan Asset by the Transferor to the Equityholder pursuant to the terms of the First Tier Purchase and Sale Agreement and by the Equityholder to the Borrower pursuant to the terms of the Second Tier Purchase and Sale Agreement and the Assignments by which the Transferor effects such conveyance.

  • Superior Acquisition Proposal means any Acquisition Proposal containing terms which the Company Board determines in its good faith judgment (based on the advice of an independent financial advisor) to be more favorable to the Company’s stockholders than the Merger and for which financing, to the extent required, is then committed or which, in the good faith judgment of the Company Board, is reasonably capable of being obtained by such third party.

  • Proposed Change Order (PCO means a document that informs Contractor of a proposed change in the Work and appropriately describes or otherwise documents such change including Contractor’s response of pricing for the proposed change.

  • Closing Press Release has the meaning set forth in Section 5.4(b).

  • Acquisition Notice has the meaning ascribed to such term in Section 2.1(a).

  • Limited Conditionality Acquisition means any Acquisition that (a) is not prohibited hereunder, (b) is financed in whole or in part with a substantially concurrent incurrence of Indebtedness, and (c) is not conditioned on the availability of, or on obtaining, third-party financing.

  • Term SOFR Notice means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event.

  • Delivery Term Security means the Performance Assurance that Seller is required to maintain, as specified in Article Eight, to secure performance of its obligations during the Delivery Term.

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Acceptance Notice has the meaning set forth in Section 9.2(d)(iii).

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Value engineering change proposal (VECP means a proposal that--

  • Coordinated Transaction Scheduling or “CTS” shall mean the market rules that allow transactions to be scheduled based on a bidder’s willingness to purchase energy from a source in either the NYISO or PJM Control Area and sell it at a sink in the other Control Area if the forecasted price at the sink minus the forecasted price at the corresponding source is greater than or equal to the dollar value specified in the bid.

  • Contracting Body Satisfaction Survey shall have the meaning set out in Clause 18.1;

  • CFIUS Notice means a joint voluntary notice with respect to the Contemplated Transactions prepared by Parent and the Company and submitted to CFIUS in accordance with the requirements of the DPA.

  • conditional sale agreement means an agreement for the sale of goods under which the purchase price or part of it is payable by instalments, and the property in the goods is to remain in the seller (notwithstanding that the buyer is to be in possession of the goods) until such conditions as to the payment of instalments or otherwise as may be specified in the agreement are fulfilled;

  • Acquisition Proposal has the meaning set forth in Section 5.03(a).