Alternative Delivery Procedure definition

Alternative Delivery Procedure means the procedure prescribed under Section 7;
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Alternative Delivery Procedure means an agreement between the Seller and the Buyer in or “ADP” accordance with Rule IIII.13, which has been duly notified by the Seller and the Buyer to the Clearing
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Alternative Delivery Procedure. Means delivery of CPO under terms and conditions that are different from this Specifications and the Rules, as contemplated in Clause 6; 1 Trading Rules refers to the SGX Futures Trading Rules available at xxx.xxx.xxx.
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Examples of Alternative Delivery Procedure in a sentence

  • Any obligation or liability of the Buyer, Seller, Selling Member or Buying Member (the “Defaulting party”) to the other of them (the “Non-defaulting parties”) as the case may be arising out of a default by the Defaulting party of any obligation under these SICOM TSR 20 Rubber Contract Specifications shall, except in the case where an Alternative Delivery Procedure has been elected, also be deemed a joint and several obligation or liability of the Defaulting party to the Clearing House.

  • If the Buyer and the Seller opt for an ADP, delivery shall be in accordance with procedures set forth in Clause 7 (Alternative Delivery Procedure (ADP)).

  • Any obligation or liability of the Buyer, Seller, Selling Member or Buying Member (the “Defaulting party”) to the other of them (the “Non-defaulting parties”) as the case may be arising out of a default by the defaulting party of any obligation under these SICOM RSS 3 Rubber Contract Specifications shall, except in the case where an Alternative Delivery Procedure has been elected, also be deemed a joint and several obligation or liability of the defaulting party to the Clearing House.

  • A $50.00 hearing fee, $25.00 to be used to offset any administrative costs, and $25.00 to be either refunded if the appeal is upheld or forfeited if the appeal is denied, must be made to the Appeals Committee prior to the hearing of any appeal.

  • In the event of an error, omission, or out trade discovered on or after the last day of trading, dough will abide by the appropriate Exchange rules for an Alternative Delivery Procedure (ADP).

  • The Alternative Delivery Procedure Transaction will be subject to the additional terms under the Special Provisions for EFP and ADP Transactions.

  • Unless otherwise provided by the relevant Contract Specifications, nothing in this Rules shall prevent the parties otherwise obliged to make and take delivery from effecting delivery via Alternative Delivery Procedure.

  • By 4.00 p.m. on the fourth (4th) Business Day following the Last Trading Day of the matured CPO Contract, a Buyer and Seller who have been Matched may elect an Alternative Delivery Procedure, by serving notice thereof to the Clearing House in accordance with Clause 6.

  • To effect delivery via an Alternative Delivery Procedure, the Seller and Buyer shall jointly execute a notice of Alternative Delivery Procedure in such form as prescribed by the Clearing House (“ADP Notice”).

  • Any obligation or liability of the Buyer, Seller, Selling Member or Buying Member (the “Defaulting party”) to the other of them (the “Non-defaulting parties”) as the case may be arising out of a default by the defaulting party of any obligation under these SICOM RSS 3 Rubber Contract Specifications shall, except in the case where an Alternative Delivery Procedure has been elected, also be deemed a joint and several obligation or liabilityof the defaulting partyto the Clearing House.


More Definitions of Alternative Delivery Procedure

Alternative Delivery Procedure or "ADP" means that the Parties have agreed to make and accept deliveries of Gas under a NYMEX Gas Futures Contract under terms that are different from the delivery terms specified in the Futures Contract and have notified NYMEX that the transaction will be completed under the Alternative Delivery Procedure as provided in the NYMEX Rules. ADP shall incorporate the meaning and remedies of Priority Firm as described herein.
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Alternative Delivery Procedure means that the Parties have agreed to utilize an alternate delivery procedure in accordance with the rules of a regulated exchange to consummate delivery in connection with a futures position and to follow all exchange rules, regulations and guidelines applicable to ADP Transactions. “EFP” or “Exchange for Physical” means that the Parties have agreed to utilize the EFP procedures of a regulated exchange to exchange a futures position for a physical position of equal quantity. The performance obligation of ADP and EFP transactions are the same as the performance obligation of Firm (LD) transactions stated above; provided that, performance of ADP and EFP Transactions are also excused if the related regulated exchange excuses performance.
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Related to Alternative Delivery Procedure

  • Expedited Deliverability Study means a deliverability study that an eligible Developer may elect to pursue as that term is defined in OATT Section 25 (OATT Attachment S) that may determine the extent to which an existing or proposed facility satisfies the NYISO Deliverability Interconnection Standard at its requested CRIS level without the need for System Deliverability Upgrades. The schedule and scope of the study is defined in Sections 25.5.9.2.1 and 25.7.1.2 of this Attachment S.

  • Notice Delivery Period means the period from and including the Trade Date to and including the fifth Business Day following the date that is fourteen (14) calendar days after the Extension Date.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Firm Transmission Feasibility Study means a study conducted by the Transmission Provider in accordance with Tariff, Part II, section 19.3 and Tariff, Part III, section 32.3.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date.

  • Service delivery area means the defined geographic area for delivery of program services.

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.

  • Calling Name Delivery Service (CNDS) means a service that enables a terminating End User to identify the calling Party by a displayed name before a call is answered. The calling Party’s name is retrieved from a calling name database and delivered to the End User’s premise between the first and second ring for display on compatible End User premises equipment.

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.

  • Available Transfer Capability or “ATC” shall mean a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations.

  • Reference Interest Rate Replacement Conforming Changes means, with respect to any Reference Interest Rate Replacement, any technical, administrative or operational changes (including changes to the definition of "Interest Period", timing and frequency of determining rates and making payments of interest, changes to the definition of "Corresponding Tenor" solely when such tenor is longer than the Interest Period and other administrative matters) that the Issuer or its designee decides may be appropriate to reflect the adoption of such Reference Interest Rate Replacement in a manner substantially consistent with market practice (or, if the Issuer or its designee decides that adoption of any portion of such market practice is not administratively feasible or if the Issuer or its designee determines that no market practice for use of the Reference Interest Rate Replacement exists, in such other manner as the Issuer or its designee determines is reasonably necessary).

  • Generation Interconnection Feasibility Study means a study conducted by the Transmission Provider (in coordination with the affected Transmission Owner(s)) in accordance with Tariff, Part IV, section 36.

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

  • Day-ahead Scheduling Reserves Requirement means the sum of Base Day-ahead Scheduling Reserves Requirement and Additional Day-ahead Scheduling Reserves Requirement.

  • Peer support specialist means an individual who has experienced a severe and persistent mental illness and who has successfully completed standardized training to provide peer support services through the medical assistance program or the Iowa Behavioral Health Care Plan.

  • service delivery agreement means an agreement between the Municipality and an institution or persons mentioned in section 76(b) of the Local Government: Municipal Systems Act 32 of 2000.

  • Full Capacity Deliverability Status or “FCDS” has the meaning set forth in the CAISO Tariff.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.

  • Delivery Notice Has the meaning specified in the NPA.

  • Termination Delivery Unit means (a) in the case of a Termination Event, an Event of Default or an Extraordinary Event (other than an Insolvency, Nationalization, Merger Event or Tender Offer), one Share or (b) in the case of an Insolvency, Nationalization, Merger Event or Tender Offer, a unit consisting of the number or amount of each type of property received by a holder of one Share (without consideration of any requirement to pay cash or other consideration in lieu of fractional amounts of any securities) in such Insolvency, Nationalization, Merger Event or Tender Offer. If a Termination Delivery Unit consists of property other than cash or New Shares and Counterparty provides irrevocable written notice to the Calculation Agent on or prior to the Closing Date that it elects to deliver cash, New Shares or a combination thereof (in such proportion as Counterparty designates) in lieu of such other property, the Calculation Agent shall replace such property with cash, New Shares or a combination thereof as components of a Termination Delivery Unit in such amounts, as determined by the Calculation Agent in its discretion by commercially reasonable means, as shall have a value equal to the value of the property so replaced. If such Insolvency, Nationalization, Merger Event or Tender Offer involves a choice of consideration to be received by holders, such holder shall be deemed to have elected to receive the maximum possible amount of cash.

  • Base Capacity Demand Resource Constraint for the PJM Region or an LDA, shall mean, for the 2018/2019 and 2019/2020 Delivery Years, the maximum Unforced Capacity amount, determined by PJM, of Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources that is consistent with the maintenance of reliability. As more fully set forth in the PJM Manuals, PJM calculates the Base Capacity Demand Resource Constraint for the PJM Region or an LDA, by first determining a reference annual loss of load expectation (“LOLE”) assuming no Base Capacity Resources, including no Base Capacity Demand Resources or Base Capacity Energy Efficiency Resources. The calculation for the PJM Region uses a daily distribution of loads under a range of weather scenarios (based on the most recent load forecast and iteratively shifting the load distributions to result in the Installed Reserve Margin established for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Installed Reserve Margin study for the Delivery Year in question). The calculation for each relevant LDA uses a daily distribution of loads under a range of weather scenarios (based on the most recent load forecast for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Installed Reserve Margin study for the Delivery Year in question). For the relevant LDA calculation, the weekly capacity distributions are adjusted to reflect the Capacity Emergency Transfer Limit for the Delivery Year in question. For both the PJM Region and LDA analyses, PJM then models the commitment of varying amounts of Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources (displacing otherwise committed generation) as interruptible from June 1 through September 30 and unavailable the rest of the Delivery Year in question and calculates the LOLE at each DR and EE level. The Base Capacity Demand Resource Constraint is the combined amount of Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources, stated as a percentage of the unrestricted annual peak load, that produces no more than a five percent increase in the LOLE, compared to the reference value. The Base Capacity Demand Resource Constraint shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [the Forecast Pool Requirement] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].

  • Alternative Diesel Fuel means any fuel used in a CI engine that is not commonly or commercially known, sold, or represented by the supplier as diesel fuel No. 1-D or No. 2-D, pursuant to the specifications in ASTM D975-81, “Standard Specification for Diesel Fuel Oils,” as modified in May 1982, which is incorporated herein by reference, or an alternative fuel, and does not require engine or fuel system modifications for the engine to operate, although minor modifications (e.g., recalibration of the engine fuel control) may enhance performance. Examples of alternative diesel fuels include, but are not limited to, biodiesel that does not meet the definition of CARB diesel fuel; Fischer-Tropsch fuels; emulsions of water in diesel fuel; and fuels with a fuel additive, unless:

  • Signaling Transfer Point (“STP”) means a signaling point that performs message routing functions and provides information for the routing of messages between signaling points within or between CCIS networks. A STP transmits, receives and processes CCIS messages.

  • Change Control Procedure has the meaning set out at Clause 28.1;