MONTHLY CAPACITY SUBSCRIPTIONS Sample Clauses

MONTHLY CAPACITY SUBSCRIPTIONS. The Shipper may subscribe Firm Capacity for Month M between the first (1st) calendar day of month M-1 and the twentieth (20th) calendar day of month M-1. GRTgaz shall initiate an OSP for monthly Reservations of capacity beginning on the first (1st) Day of Month M, to be organised as follows: • firm capacity will be offered if available at zero hours (00:00) on the first (1st) calendar day of month M-1; • if no firm capacity is available at zero hours (00:00) on the first (1st) calendar day of Month M-1, interruptible capacity will be offered if available; • all requests received between the first (1st) calendar day of month M-1 and the tenth (10th) calendar day of month M-1 are deemed simultaneous and to have been received on the tenth (10th) calendar day of month M-1 at midnight (24:00); • if demand exceeds available capacity, capacity will be distributed proportionally to requests up to the maximum monthly capacity available. All requests received between the eleventh (11th) of month M-1 and the twentieth (20th) calendar day of month M-1 will be allocated on a “first come, first served” basis, • in the form of firm capacity, or • in the form of interruptible capacity if all the firm capacity has been allocated. GRTgaz also offers monthly capacities subscription for Bundled Capacities on capsquare platform. For these Bundled Capacities, specific subscription periods are applied and are described on the website xxx.xxxxxxxxx.xx.
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MONTHLY CAPACITY SUBSCRIPTIONS. 4.2.6.1 THE CASE OF THE DUNKERQUE INTERCONNECTION POINT The Shipper may subscribe Firm Capacity for Month M between the first (1st) calendar day of month M-1 and the twentieth (20th) calendar day of month M-1. GRTgaz shall initiate an OSP for monthly Reservations of capacity beginning on the first (1st) Day of Month M, to be organised as follows:  firm capacity will be offered if available at zero hours (00:00) on the first (1st) calendar day of month M-1;  if no firm capacity is available at zero hours (00:00) on the first (1st) calendar day of Month M-1, Interruptible Capacity will be offered if available;  all requests received between the first (1st) calendar day of month M-1 and the tenth (10th) calendar day of month M-1 are deemed simultaneous and to have been received on the tenth (10th) calendar day of month M-1 at midnight (24:00);  if demand exceeds available capacity, capacity will be distributed proportionally to requests up to the maximum monthly capacity available. All requests received between the eleventh (11th) of month M-1 and the twentieth (20th) calendar day of month M-1 will be allocated on a “first come, first served” basis,  in the form of firm capacity, or  in the form of Interruptible Capacity if all the firm capacity has been allocated. 4.2.6.2 THE CASE OF THE OBERGAILBACH OLTINGUE, TAISNIÈRES H, TAISNIÈRES L AND ALVERINGEM INTERCONNECTION POINTS AND OF THE LINK BETWEEN THE SOUTH AND THE NORTH BALANCING ZONES (SOUTH-TO-NORTH LINK) GRTgaz sells by Auction capacity for Monthly reservations starting on the first day (1st) of Month M. Two different types of monthly capacity may be booked as follows:  Firm Capacity or  Interruptible Capacity in the event of at least ninety-eight percent (98%) of the Firm Capacity available having been allocated. The auction calendar is published on the PRISMA website xxxx://xxx.xxxxxx-xxxxxxxx.xx as well as on xxx.xxxxxx.xx. The capacity auctioned is allocated to registered shippers pursuant to the "General Terms and Conditions for Use of the PRISMA Capacity Platform " available at xxxx://xxx.xxxxxx-xxxxxxxx.xx. The unit price of the monthly capacity subscribed by auction is equal to the price as determined pursuant to the "General Terms and Conditions for Use of the PRISMA Capacity Platform " available at xxxx://xxx.xxxxxx-xxxxxxxx.xx. The reserve price for monthly capacity auctioned on the PRISMA Platform is equal to the term applicable to the monthly capacity subscriptions. In the event of t...
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MONTHLY CAPACITY SUBSCRIPTIONS. The Shipper may subscribe Firm Capacity for the Month M between the twenty-first (21st) calendar day of month M-2 and the fifteenth (15th) calendar day of month M-1. 2.1. 1I. GRTgaz initiates an OSP for monthly reservations, beginning on the first (1st) Day of Month M: all requests received between the twenty-first (21st) calendar day of month M-2 and the last calendar day of month M-2 are deemed simultaneous and to have been received at zero hours (00:00) on the first (1st) calendar day of month M-1; In the event of a request exceeding the available capacity, such capacity will be distributed proportionally to requests, up to the available monthly capacity: All requests received between the first (1st) and the fifteenth (15th) calendar day of month M-1 at midnight (12:00 p.m.) will be allocated on a “first come, first served” basis.
Sample 1

Related to MONTHLY CAPACITY SUBSCRIPTIONS

  • Action in Shareholder Capacity Only The parties acknowledge that this Agreement is entered into by Shareholder solely in such Shareholder’s capacity as the Beneficial Owner of such Shareholder’s Owned Securities and nothing in this Agreement restricts or limits any action taken by such Shareholder in its capacity as a director or officer of the Company or any of its Affiliates and the taking of any actions (or failure to act) in its capacity as an officer or director of the Company, or any of its Affiliates, will not be deemed to constitute a breach of this Agreement, regardless of the circumstances thereto.

  • Action in Stockholder Capacity Only Stockholder makes no agreement or understanding herein as director or officer of the Company. Stockholder signs solely in his capacity as a recordholder and beneficial owner of the Shares, and nothing herein shall limit or affect any actions taken in his capacity as an officer or director of the Company.

  • Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.

  • Shareholder Capacity No Person executing this Agreement who, during the term hereof, is or becomes a director or officer of the Company makes any agreement or understanding herein in his or her capacity as a director or officer of the Company. Each Principal Shareholder signs solely in his, her or its capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, Principal Shareholder Shares.

  • Capacity as Stockholder Each Stockholder signs this Agreement in such Stockholder’s capacity as a stockholder of the Company, and not, if applicable, in such Stockholder’s capacity as a director, officer or employee of the Company. Notwithstanding anything herein to the contrary, nothing in this Agreement shall in any way restrict a director or officer of the Company in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties in his or her capacity as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer.

  • Under-Frequency and Over Frequency Conditions The New York State Transmission System is designed to automatically activate a load- shed program as required by the NPCC in the event of an under-frequency system disturbance. Developer shall implement under-frequency and over-frequency relay set points for the Large Generating Facility as required by the NPCC to ensure “ride through” capability of the New York State Transmission System. Large Generating Facility response to frequency deviations of predetermined magnitudes, both under-frequency and over-frequency deviations, shall be studied and coordinated with the NYISO and Connecting Transmission Owner in accordance with Good Utility Practice. The term “ride through” as used herein shall mean the ability of a Generating Facility to stay connected to and synchronized with the New York State Transmission System during system disturbances within a range of under-frequency and over-frequency conditions, in accordance with Good Utility Practice and with NPCC Regional Reliability Reference Directory # 12, or its successor.

  • Stockholder Capacity No Person executing this Agreement who is or becomes during the term hereof a director or officer of the Company shall be deemed to make any agreement or understanding herein in his or her capacity as such director or officer. Stockholder signs solely in his, her or its capacity as the beneficial owner of the Subject Shares and nothing herein shall limit or prohibit Stockholder or any of its Representatives, in his or her capacity as an officer or director of the Company, from taking any action or failing to take any action in such capacity.

  • Capacity as Shareholder Each Shareholder signs this Agreement solely in such Shareholder’s capacity as a shareholder of the Company, and not in such Shareholder’s capacity as a director, officer or employee of the Company, if applicable.

  • FREQUENCY AND CAPACITY LEVELS No restriction on frequency, capacity or aircraft type.

  • Maximum Capacity The Sick Leave Bank shall accumulate unused Bank days from year to year to a maximum capacity which shall not exceed double the number of eligible employees as defined in the above Section C, Eligibility for Membership.

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