balancing definition

balancing means (in relation to the Network and any relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular, measures:

balancing means all actions and processes, in all timelines, through which transmission system operators ensure, in a continuous way, maintenance of the system frequency within a predefined stability range and compliance with the amount of reserves needed with respect to the required quality;

balancing means the execution by Balancing Operator of the Balancing Services.

Examples of balancing in a sentence

• The Participant hereby agrees to ensure that the Cash Balancing Amount and/or Cash Component will be received by the Trust in immediately available same day funds on or before the Contractual Settlement Date as may be designated by the Trust.

• In situations where a Cash Balancing Amount and/or a Cash Component will be applied to a Redemption Order, the Participant hereby agrees that it will make available or transfer cash in an amount equal to the Cash Balancing Amount and/or Cash Component, as applicable.

• The Trust may, in its sole discretion (except to the extent limited, if at all, by ETF Exemptive Relief), permit or require the substitution of an amount of cash to be included in any Cash Balancing Amount to replace any Deposit Instrument (“cash in lieu”).

• Upon rejection of an Order, the Distributor or the Transfer Agent, as applicable, will promptly return to the Participant all consideration, including Shares and any Cash Balancing Amount (in the case of a Redemption Order), and Deposit Instruments and any Cash Balancing Amount (in the case of a Purchase Order), tendered by the Participant in connection with such Order.

• Solely with respect to Orders through the CNS Clearing Process, the Participant, as a Participating Party, hereby authorizes the Trust or its designee to transmit to NSCC on behalf of the Participant such instructions, including with respect to Deposit Instruments, Shares, Cash Component and Cash Balancing Amounts, as necessary, with respect to the purchase and redemption of Creation Units, consistent with the instructions issued by the Participant to the Distributor or Transfer Agent.

More Definitions of balancing

balancing means (in relation to a Network Operator and its network and any relevant period for balancing under the Network Operator's network code), taking such measures as may be available to the Licensee, in particular, measures:

balancing means (in relation to the Network and relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular measures:(i) for managing the relationship between deliveries of gas to and offtakes from the Network during that period; and (ii) to maintain pressures in the Network at all levels; which will in the reasonable opinion of the Licensee, ensure the safety and efficiency of the Network in that orany subsequent relevant period;

balancing for electricity means balancing as defined in Article 2, point (10) of Regulation (EU) 2019/943 of the European Parliament and of the Council*;

balancing means the reconciliation of differences in the amounts of gas received by the pipeline transporter(s) from the producer or Broker, by the Company from the pipeline transporter(s), and/or by the Buyer from the Company.

balancing means balancing as defined in point (10) of Article 2 of Regulation (EU) 2019/943;

balancing means the activity consisting in maintaining the equilibrium between electricity injections into and withdrawals from the grid;

balancing means the method by which players may be moved between tournament tables in order to maintain an even number of players across the tournament tables in use;