Common Contracts
1 similar Definitions Document contracts
DEFINITIONSDefinitions Document • March 23rd, 2023
Agreed amount of energy Amount of energy that is the subject of the concluded agreement ondelivery of electricity not dependent of physical delivery. Amount of energy Energy to be delivered during relevant Delivery Period, that will beexpressed in MWh, unless specified otherwise. Agreement on direct use of deposit Agreement concluded between the Member and MEPX, which authorizes MEPX to transfer funds from or to the Deposit Account inaccordance with the Clearing and Settlement Rules. Annual Membership Fee A Trading Fee charged on an annual basis that allows the Member totrade in all MEPX Markets. Annual Technical Fee A Trading Fee necessary for financing of annual technical systemmaintenance charged to the Member. Appropriate Agreement An agreement of the Orderer of the procedure, which is publishedwhen the Procedure on the long-term market is published. Banking Day A day when banks in Montenegro perform banking activities. Bidder A Member on the long-term market who participates in th
