Common use of LBMP Markets Clause in Contracts

LBMP Markets. A term that collectively refers to both the Real-Time Market and the Day-Ahead Market. LBMP Transition Period Payments (“LTPP”). Fixed monthly payments, as detailed in Attachment K of the ISO OATT, made between or among the Investor-Owned Transmission Owners to mitigate transmission cost-shifting as the competitive market is introduced for Energy and transmission pricing. LIPA Tax-Exempt Bonds. Obligations issued by the Long Island Power Authority, the interest on which is not included in gross income under the Internal Revenue Code.

Appears in 34 contracts

Samples: Iso Agreement, Iso Agreement, Iso Agreement

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LBMP Markets. A term that collectively refers to both the Real-Time Market and the Day-Ahead Market. 1.59 LBMP Transition Period Payments ("LTPP"). Fixed monthly payments, as detailed in Attachment K of the ISO OATT, made between or among the Investor-Owned Transmission Owners to mitigate transmission cost-shifting as the competitive market is introduced for Energy and transmission pricing. 1.60 LIPA Tax-Exempt Bonds. Obligations issued by of the Long Island Power Authority, the interest on which is not included in gross income under the Internal Revenue Code.. 1.61

Appears in 1 contract

Samples: Iso Agreement (New York State Electric & Gas Corp)

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