Common use of Spot Market Transactions Clause in Contracts

Spot Market Transactions. Neither the Reserve Provider, nor any other party, will be entitled to spot market revenue associated with the provision of reserve. If requested by AEMO, the Reserve Provider will participate in the spot market as AEMO’s agent and account to AEMO for any spot market revenue associated with the reserve, or AEMO may set off that spot market revenue against an amount due to the Reserve Provider under a reserve contract.

Appears in 3 contracts

Samples: Panel Agreement, Panel Agreement, www.aemo.com.au

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Spot Market Transactions. Neither the Reserve Provider, nor any other party, will be entitled to spot market revenue associated with the provision of reserve. If requested by AEMO, the Reserve Provider will participate in the spot market as AEMO’s agent and account to AEMO for any spot market revenue associated with the reserve, or AEMO may set off that spot market revenue against an amount due to the Reserve Provider under a reserve contractthis Agreement.

Appears in 1 contract

Samples: aemo.com.au

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