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 Supplier 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 Provider 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 Provider 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 Provider. 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. 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 Provider cannot offer more Tertiary Control Non-Reserved Power in a Bid than the sum of the Reference Power (R3NRref) of the Delivery Points included in a Bid. k. In case XXXX activates the Provider’s Energy Bid(s) for a certain volume the Provider is notified of the retained volume upon reception of the activation order; at this point the Provider undertakes the necessary ...
Sample 1
AutoNDA by SimpleDocs
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) The Members are aware of the income tax consequences of the allocations made by this Article IV and the economic impact of the allocations on the amounts receivable by them under this Agreement. The Members hereby agree to be bound by the provisions of this Article IV in reporting their share of Company income and loss for income tax purposes. (b) The provisions regarding the establishment and maintenance for each Member of a Capital Account as provided by Section 3.4 and the allocations set forth in Section 4.1, Section 4.2, and Section 4.3 are intended to comply with the Treasury Regulations and to reflect the intended economic entitlement of the Members. If the Managing Member determines that the application of the provisions in Section 3.4, Section 4.1, Section 4.2, or Section 4.3 would result in non-compliance with the Treasury Regulations or would be inconsistent with the intended economic entitlement of the Members, the Managing Member is authorized to make any appropriate adjustments to such provisions. (c) All items of income, gain, loss, deduction and credit allocable to an interest in the Company that may have been Transferred shall be allocated between the Transferor and the Transferee in accordance with a method determined by the Managing Member and permissible under Section 706 of the Code and the Treasury Regulations thereunder. (d) The Members’ proportionate shares of the “excess nonrecourse liabilities” of the Company, within the meaning of Treasury Regulations Section 1.752-3(a)(3), shall be allocated to the Members on a pro rata basis, in accordance with the number of Units owned by each Member unless otherwise determined by the Managing Member.

  • 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.

  • 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.

  • Procedures for Providing NP Through Full NXX Code Migration Where a Party has activated an entire NXX for a single Customer, or activated at least eighty percent (80%) of an NXX for a single Customer, with the remaining numbers in that NXX either reserved for future use by that Customer or otherwise unused, if such Customer chooses to receive Telephone Exchange Service from the other Party, the first Party shall cooperate with the second Party to have the entire NXX reassigned in the LERG (and associated industry databases, routing tables, etc.) to an End Office operated by the second Party. Such transfer will be accomplished with appropriate coordination between the Parties and subject to appropriate industry lead times for movements of NXXs from one switch to another. Neither Party shall charge the other in connection with this coordinated transfer.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!