Balance Contract definition

Balance Contract means the arrangements established between the Designated Clearing House and Oslo Børs governing the administration and Settlement of Contracts resulting from Trades effected by a Member Firm of the Exchange and a Member Firm of Oslo Børs;
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Balance Contract means a contract between the relevant TSO and Balance Responsible Party setting out the rights and obligations of the two parties1.
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Balance Contract means the open supply contract entered into by the system operator and the balance provider under which the balance provider undertakes to ensure the balance. Standard terms and conditions of that contract, which set out the rights and the obligations of the system operator and of the balance provider in ensuring the balance responsibility, constitute an integral part of the contract.
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Examples of Balance Contract in a sentence

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.Contract deposit, ASD, Performance Guarantee (P.G) and any other deposits will neither be accepted in Bank Guarantee (B.G) nor will be released against B.G.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.II.

  • No claimshall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.Contract deposit, ASD and any other deposits will neither be accepted in Bank Guarantee (B.G) nor will be released against B.G.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.Contract deposit, ASD, and any other deposits will neither be accepted in Bank Guarantee (B.G) nor will be released against B.G.

  • No claim shall be made against the Balance Contract Deposit after the issue of Defects S t a n d a r d B i d D o c u m e n t Page 41Liability Certificate.

  • No claim shall bemade against the Balance Contract Deposit after the issue of Defects Liability Certificate.

  • No claim shall be made againstthe Balance Contract Deposit after the issue of Defects Liability Certificate.

  • The Contract Deposit shall be released within 30 days after completion of 9 months ofDLP (in case of 1 year DLP) and after issue of ‘Defect Liability Certificate’ (in case of 1 or 2 or 3 years DLP) subject to no recoveries are pending against the said work, provided that the Engineer is satisfied that there is no demand outstanding against the Contractor.No claim shall be made against the Balance Contract Deposit after the issue of Defects Liability Certificate.


More Definitions of Balance Contract

Balance Contract means the arrangements established between the Designated Clearing House and Oslo Børs governing the administration and settlement of contracts resulting from Transactions effected by a Member of Turquoise and a Member of Oslo Børs;
Sample 1Sample 2
Balance Contract means the open supply contract entered into by the system operator and the balance provider under which the balance provider undertakes to ensure the balance. Standard terms and conditions of
Sample 1

Related to Balance Contract

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • distance contract means a contract concluded between a trader and a consumer under an organised distance sales or service-provision scheme without the simultaneous physical presence of the trader and the consumer, with the exclusive use of one or more means of distance communication up to and including the time at which the contract is concluded;

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.