3Strategic Demand Reserve Sample Clauses

3Strategic Demand Reserve. Only in case of activation by Xxxx of a Delivery Point corresponding to an Access Point on the Xxxx Grid, forming part of the Strategic Demand Reserve for the strategic reserve service concluded by Xxxx, the Balancing Perimeter of [ARP] will be corrected on the basis of the following rules: - the Off-take at this Access Point which is allocated to the Balancing Perimeter of [ARP] will be replaced by the corresponding Nomination at this Access Point; - the correction will be made for the period including the Ramp-Down phase and the phase of the Effective Delivery of the Strategic Demand Reserve supplied by this Delivery Point, i.e. as from the first quarter-hour indicated by Xxxx for initiation of the Ramp-Down until the last quarter-hour indicated by Xxxx for ending the activation. In the other cases of supply of the Strategic Demand Reserve, regardless of whether it is supplied by one or more Delivery Points corresponding to an Access Point to the distribution system, a point within a Closed Distribution System connected to the Xxxx Grid or a point within the electrical facilities of a Grid User downstream of an Access Point to the Xxxx Grid, the Balancing Perimeter of [ARP] is not corrected for the duration of the supply. In all cases of activation of the Strategic Demand Reserve affecting the Balancing Perimeter of [ARP], regardless of whether or not there has been a correction of this Balancing Perimeter, Xxxx informs [ARP], to the best of its knowledge, of the activation of the Strategic Demand Reserve affecting its Balancing Perimeter and, if Xxxx has the relevant information, of the Strategic Demand Reserve volume actually activated that falls into the Balancing Perimeter of [ARP]. This information will be provided to [ARP] within fifteen (15) minutes following the start of the Ramp- Down, by telephone and/or e-mail and/or fax (somebody contactable 24 Hours a day in accordance with Appendix 6 to the Contract).
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Related to 3Strategic Demand Reserve

  • Demand Registration (a) From and after the date that is six (6) months after the date of this Agreement, in case the Company shall receive from the Investor a written request or requests that the Company effect a Registration (“Demand Registration”), which if the Company is a WKSI as of the filing date thereof, shall be an automatic Shelf Registration Statement, and any related qualification or compliance, with respect to all or any part of the Registrable Securities owned by the Investor, then the Company shall file and use its best efforts (i) to cause the Registration Statement covering such Registrable Securities to be declared effective under the Securities Act (unless it becomes effective automatically upon filing) as promptly as possible after the filing thereof, and (ii) to keep such Registration Statement continuously effective under the Securities Act until such date as is the earlier of (x) the date on which all Registrable Securities covered by such Registration Statement have been sold or (y) the date on which the Registrable Securities may be sold without any restriction pursuant to Rule 144. (b) Notwithstanding anything to the contrary provided above, the Company shall not be obligated to effect any such Registration, qualification or compliance pursuant to this Section 2.2: (1) if the aggregate anticipated price to the public of any Registrable Securities which the Investor proposes to sell pursuant to such registration, together with the aggregate anticipated price to the public of any other securities of the Company entitled to inclusion in such registration, is less than US$50,000,000 (or the equivalent thereof in other currencies), unless such Registration covers all remaining Registrable Securities; (2) if the Company shall furnish to the Investor a certificate certifying the same signed by the Chief Executive Officer stating that in the good faith judgment of the Board, it would be materially detrimental to the Company and its shareholders for such registration to be effected at such time, in which event the Company shall have the right to defer the filing of the Registration Statement no more than once during any twelve (12) month period for a period of not more than ninety (90) days after receipt of the request of the Investor under this Section 2.2(a); provided, however, that such period shall terminate if the Company registers any of its other Shares during such period; or (3) if the Company has, within the six (6) month period preceding the date of such request, already effected a registration under the Securities Act other than a registration from which the Registrable Securities of the Investor have been excluded (with respect to all or any portion of the Registrable Securities the Investor requested be included in such registration) pursuant to Section 2.1(b).

  • EPP command RTT Refers to “EPP session-­‐command RTT”, “EPP query-­‐command RTT” or “EPP transform-­‐command RTT”.

  • DEMAND RESPONSE If Customer is enrolled in a demand response programme, Customer represents and warrants it has the intent and ability to generate and/or reduce electrical demand to achieve Accepted Capacity (as defined in the applicable Programme Rule Attachment attached to the applicable Order Form) when notified by Provider during demand response events. If Customer is enrolled in a demand response programme utilising on-site electric generation, Customer further represents and warrants that (i) it holds all licenses and/or permits that are required by applicable law for the proper participation in such demand response programme; and (ii) when responding to a demand response event, it will comply with, and be responsible for any violation of applicable law.

  • EPP query-­‐command RTT Refers to the RTT of the sequence of packets that includes the sending of a query command plus the reception of the EPP response for only one EPP query command. It does not include packets needed for the start or close of either the EPP or the TCP session. EPP query commands are those described in section 2.9.2 of EPP RFC 5730. If the RTT is 5-­‐times or more the corresponding SLR, the RTT will be considered undefined.

  • No Right to Demand Return of Capital No Member has any right to any return of capital or other distribution except as expressly provided in this Agreement. No Member has any drawing account in the Company.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

  • EPP session-­‐command RTT Refers to the RTT of the sequence of packets that includes the sending of a session command plus the reception of the EPP response for only one EPP session command. For the login command it will include packets needed for starting the TCP session. For the logout command it will include packets needed for closing the TCP session. EPP session commands are those described in section 2.9.1 of EPP RFC 5730. If the RTT is 5 times or more the corresponding SLR, the RTT will be considered undefined.

  • Expenditure Limit The Contractor shall notify the County of Orange assigned Deputy Purchasing Agent in writing when the expenditures against the Contract reach 75 percent of the dollar limit on the Contract. The County will not be responsible for any expenditure overruns and will not pay for work exceeding the dollar limit on the Contract unless a change order to cover those costs has been issued.

  • Demand Letter If OIG determines that a basis for Stipulated Penalties under Section X.A exists, OIG shall notify Provider of: (a) Provider’s failure to comply and (b) OIG’s demand for payment of Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)‌

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