Allocation Agent definition

Allocation Agent means the person specified as such in Schedule 1;
Allocation Agent means the entity designated by the Authority (which may be the Authority) that agrees to control the Allocation Account in trust for the benefit of the Bond Trustee and the Authority Trustee, to accept all payments from or on behalf of Customers for deposit into the Allocation Account, to notify the Servicer on each Business Day of the amount deposited into the Allocation Account on the preceding Business Day, and, to the extent that funds are available in the Allocation Account, to transfer the estimated Charge Collections and Remittance Shortfalls from the Allocation Account to the Collection Account as instructed by the Servicer or the Bond Trustee in writing and to transfer the Estimated Other Payments as instructed by the Authority or the Authority Trustee. The initial Allocation Agent shall be the Authority.
Allocation Agent means a person certified as an allocation agent pursuant to the Gas Customer Transfer and Reconciliation Code issued under the Gas Xxx 0000 (Tas).

Examples of Allocation Agent in a sentence

  • An Allocation Agent may be appointed to act in relation to more than one delivery point.

  • An Allocation Agent may be appointed to act in relation to more than one system injection point and may also be appointed to act in relation to one or more system withdrawal points.

  • Each Market Participant must immediately notify AEMO if an Allocation Agent or Sub-Allocation Agent ceases to be appointed by it in relation to any delivery point to which subrule (1) applies.

  • Only one Allocation Agent can be appointed for each system injection point.

  • An Allocation Agent advised of quantities of gas in accordance with subrules (18) or (20) must take the quantity of gas treated as having been injected by each Registered participant into account when determining the quantity of gas treated as having been injected by each Registered participant at that system injection point.


More Definitions of Allocation Agent

Allocation Agent means Citibank N.A., UAE Branch acting in its capacity as allocation agent pursuant to the Allocation Deed;
Allocation Agent is defined in the MSO Rules.
Allocation Agent means the person appointed in accordance with the Downstream Reconciliation Rules and is responsible for calculating the proportions of Gas received by, or delivered to, the Customer in circumstances where the Customer shares a Receipt Point or Delivery Point with other System Users in accordance with the Downstream Reconciliation Rules.
Allocation Agent has the meaning given in the Downstream Reconciliation Rules;
Allocation Agent means Citibank, N.A., Milan branch.
Allocation Agent means Lehman Brothers Asia Limited or such other party named as
Allocation Agent means Springleaf.