Activation Rules Sample Clauses

Activation Rules a. The criteria according to which XXXX selects Energy Bid(s) to be activated are described in the Balancing Rules; x. XXXX can activate an Energy Bid at the beginning of or during a quarter-hour. c. The activation message will contain the start and the end of the activation. In case of a prolongation, a new activation message will be sent before the end of the activation, indicating the new end time of the activation. The BSP should start the activation on the moment indicated in the activation request and the requested power for the considered quarter hour should be activated as soon as and minimum reached at the end of the quarter hour. x. XXXX has the right to retain part of a volume proposed in an Energy Bid at the same price. e. An Energy Bid is a firm commitment at Gate Closure Time by the BSP to deliver the corresponding Tertiary Control Non-Reserved Power to XXXX. f. In case of provision of the Service and Tertiary Control Power by non-CIPU Technical Units Service, the BSP remains responsible for the combined offer and provision of services and assumes any consequences entailed. g. In any case, any Delivery Point with a Reference Power ≥ 25MW will be subject to a check against congestion network constraints prior to award. In case such a Delivery Point is located in an Electrical Zone where network constraints apply, XXXX has the right not to select the Bid containing the concerned Delivery Point without any remuneration for the BSP. To this extent XXXX will communicate the congested Electrical zone to the BSP so that the BSP can modify their Energy Bids when required. h. Energy Bids are submitted only for specific Delivery Points; the Tertiary Control Non-Reserved Power activated as a consequence of an Energy Bid can only be delivered from the concerned Delivery Points. The Delivery Points with which the Service is offered are an integral part of the Energy Bid and are also firm at Gate Closure Time. In a prolongation of an Energy Bid the BSP shall still use all or some of the Delivery Points declared initially in the concerned Energy Bid, but these can be different than the ones used in previous quarter-hours. x. XXXX has the right to reject Energy Bids that are not in line with the rules and obligations set forth by XXXX as described in the General Framework. j. The BSP cannot offer more Tertiary Control Non-Reserved Power in a Bid than the sum of the Reference Power (DPR3NR,max) of the Delivery Points included in a Bid. In case XXXX activates ...
Sample 1
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Activation Rules a. The criteria according to which XXXX selects Energy Bid(s) to be activated are described in section 8.9 of the Balancing Rules. XXXX will activate Slow R3NR Energy Bids according to a technico-economical merit order established on the total price for the first hour of activation, i.e. taking into account the unit price for fixed cost and the unit price for activation of the Energy Bid; b. An Energy Bid is a firm commitment by the BSP to deliver the corresponding Slow R3NR Power to XXXX. c. In case such a Delivery Point with a DPSlowR3NR,max,up ≥ 25MW is located in an Electrical Zone where network constraints apply, XXXX reserves the right not to select the Bid. d. Energy Bids are submitted only for specific Delivery Points; Slow R3NR Power activated as a consequence of an Energy Bid can only be delivered from the concerned Delivery Points. The Delivery Points with which the Service is offered are an integral part of the Energy Bid and are also firm at Gate Closure Time. x. XXXX has the right to reject Energy Bids that are not in line with the rules and obligations set forth by XXXX as described in the General Framework. f. In case XXXX activates Energy Bid(s), the BSP undertakes the necessary actions to provide the Service for the entire applicable activation time (without further action by XXXX). g. A prolongation of an activation does not constitute a new activation. Any prolongation of an activation is an integrant part of the activation itself. E. TRANSPARENCY XXXX will publish aggregated and anonymous activated volumes & prices on its website.
Sample 1

Related to Activation Rules

  • Allocation Rules In determining the Distributor's 12b-1 Share in respect of a particular Portfolio: (a) There shall be allocated to the Distributor and each Other Distributor all Commission Shares of such Portfolio which were sold while such Distributor or such Other Distributor, as the case may be, was the exclusive distributor for the Shares of the Portfolio, determined in accordance with the transfer records maintained for such Portfolio.

  • Arbitration Rules (a) The arbitration shall be conducted in accordance with this Employment Agreement, using as appropriate the AAA Employment Dispute Resolution Rules in effect on the date hereof. The arbitrator shall not be bound by the rules of evidence or of civil procedure, but rather may consider such writings and oral presentations as reasonable business people would use in the conduct of their day-to-day affairs, and may require both Parties to submit some or all of their respective cases by written declaration or such other manner of presentation as the arbitrator may determine to be appropriate. The Parties agree to limit live testimony and cross-examination to the extent necessary to ensure a fair hearing on material issues. (b) The arbitrator shall take such steps as may be necessary to hold a private hearing within 120 days of the initial request for arbitration and to conclude the hearing within two days; and the arbitrator’s written decision shall be made not later than 14 calendar days after the hearing. The Parties agree that they have included these time limits in order to expedite the proceeding, but they are not jurisdictional, and the arbitrator may for good cause allow reasonable extensions or delays, which shall not affect the validity of the award. Both written discovery and depositions shall be allowed. The extent of such discovery will be determined by the Parties and any disagreements concerning the scope and extent of discovery shall be resolved by the arbitrator. The written decision shall contain a brief statement of the claim(s) determined and the award made on each claim. In making the decision and award, the arbitrator shall apply applicable substantive law. The arbitrator may award injunctive relief or any other remedy available from a judge, including consolidation of this arbitration with any other involving common issues of law or fact which may promote judicial economy, and may award attorneys’ fees and costs to the prevailing Party, but shall not have the power to award punitive or exemplary damages. The Parties specifically state that the agreement to limit damages was agreed to by the Parties after negotiations.

  • Other Allocation Rules (a) For purposes of determining Profits, Losses and any other items allocable to any period, Profits, Losses and any such other items shall be determined on a daily, monthly or other basis, as determined by the Directors using any permissible method under Code Section 706 and the Regulations thereunder. (b) The Unit Holders are aware of the income tax consequences of the allocations made by this Article III and hereby agree to be bound by the provisions of this Article III in reporting their shares of Company income and loss for income tax purposes. (c) Solely for purposes of determining a Unit Holder’s proportionate share of the “excess nonrecourse liabilities” of the Company within the meaning of Regulations Section 1.752-3(a)(3), the Unit Holders’ aggregate interests in Company Profits shall be deemed to be as provided in the Capital Accounts. To the extent permitted by Section 1.704-2(h)(3) of the Regulations, the Directors shall endeavor to treat distributions of Net Cash Flow as having been made from the proceeds of a Nonrecourse Liability or a Unit Holder Nonrecourse Debt only to the extent that such distributions would cause or increase an Adjusted Capital Account Deficit for any Unit Holder. (d) Profits and Losses to the Unit Holders shall be allocated among the Unit Holders in the ratio which each Unit Holder’s Units bears to the total number of Units issued and outstanding.

  • Special Allocation Rules Notwithstanding any other provision of the Agreement or this Exhibit C, the following special allocations shall be made in the following order:

  • Margin Rules Neither the issuance, sale and delivery of the Placement Shares nor the application of the proceeds thereof by the Company as described in the Registration Statement and the Prospectus will violate Regulation T, U or X of the Board of Governors of the Federal Reserve System or any other regulation of such Board of Governors.

  • Place of Arbitration; Rules All arbitration will be conducted in Massachusetts unless we agree otherwise in writing in a specific case. All arbitration will be conducted before a single arbitrator in accordance with the rules of the American Arbitration Association.

  • New Procedures New procedures as to who shall provide certain of these services in Section 1 may be established in writing from time to time by agreement between the Fund and the Transfer Agent. The Transfer Agent may at times perform only a portion of these services and the Fund or its agent may perform these services on the Fund's behalf;

  • Layoff Procedures Layoffs shall be administered pursuant as follows: An employee with permanent seniority in class shall have the right to displace an employee with less permanent seniority in the same class in any department. All bumping and displacement shall first occur within the department that affected the layoff in question prior to City-wide bumping.

  • Special Aggregation Rule Applicable to Relationship Managers For purposes of determining the aggregate balance or value of accounts held by a person to determine whether an account is a High Value Account, a Reporting Financial Institution shall also be required, in the case of any accounts that a relationship manager knows or has reason to know are directly or indirectly owned, controlled, or established (other than in a fiduciary capacity) by the same person, to aggregate all such accounts.

  • Consistency with Federal Laws and Regulations This Agreement shall incorporate by reference Section 22.9 of the CAISO Tariff as if the references to the CAISO Tariff were referring to this Agreement.

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