Common use of Market Rules Clause in Contracts

Market Rules. 1. The Licensee shall act in conformity with the applicable Market Rules. 2. The Licensee may seek derogation (postponement) in implementation of certain provisions of the Market Rules. ERO may, after reviewing the application by the licensee, allow or reject the derogation (postponement) of the implementation deadline

Appears in 3 contracts

Sources: Electricity Import, Export and Transmission License, Electricity Import, Export and Transmission License, Electricity Import, Export and Transmission License

Market Rules. 1. The Licensee shall act in conformity with the applicable Market Rules. 2. The Licensee licensee may seek derogation (postponement) in the implementation of certain some provisions of the Market Rules. ERO may, after reviewing Following the application by review of the request from the licensee, the Regulator may allow or reject refuse the derogation (postponement) of the implementation deadlineterm.

Appears in 2 contracts

Sources: Electricity Wholesale Supply License, Electricity Wholesale Supply License

Market Rules. 1. The Licensee shall act in conformity with the applicable Market Rules. 2. The Licensee may seek derogation (postponement) in implementation of certain provisions of the Market Rules. ERO mayshall, after reviewing the application by the licenseeLicensee, may allow or reject refuse the derogation (postponement) of the implementation deadline.

Appears in 1 contract

Sources: Electricity and Thermal Energy Cogeneration License