Balancing Agent definition

Balancing Agent means the balancing agent appointed by MDL from time to time to manage the Line Pack.
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Balancing Agent shall have the meaning set forth in Section 9.5.
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Balancing Agent means either:
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Examples of Balancing Agent in a sentence

  • SELF-BALANCING CREDIT: The Self-Balancing option allows a Balancing Agent to receive a credit.

  • Compliance with the local curtailment is the responsibility of the Noncore End-Use Customer and may not be assigned to a Balancing Agent.

  • Credits will be provided to the Balancing Agent on a monthly basis, subject to adjustments.

  • To participate in Self-Balancing, the Balancing Agent must have an NBAA or CTA Group.

  • To elect Self-Balancing, the Balancing Agent must sign a Self-Balancing Amendment (Form No. 79-971) and the NBAA or the Core Gas Aggregation Service Agreement (CTA Agreement) will be subject to the terms of Self-Balancing for the period identified in the Amendment.

  • LIMIT ON SELF-BALANCING PARTICIPATION: When a Balancing Agent elects Self-Balancing, their share of the balancing storage assets will be assigned to and marketed through PG&E’s at-risk unbundled storage program.

  • If the noncompliance charge is greater than 1,000 Dth, the Balancing Agent will be responsible for the full noncompliance charge; i.e., 1,000 Dth will not be deducted from the calculated noncompliance charge.

  • Provide all thermometer wells, pressure gauge connections, capped duct thermometer openings, as required by the Testing and Balancing Agent.

  • Ongoing costs would include the costs of performing the Balancing Agent functions, including the net results of balancing gas trading activity (including recovery of any bad debts).

  • Testing, Adjusting, and Balancing Agent: The entity responsible for performing and reporting the testing, adjusting, and balancing procedures.


More Definitions of Balancing Agent

Balancing Agent means the balancing agent appointed by MDL from time to time .
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Balancing Agent means the balancing agent appointed by MDL from time to time to purchase Fuel Gas and purchase or sell Balancing Gas for and on behalf of MDL.
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Related to Balancing Agent

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • Verification Agent As defined in Section 3.28.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Billing agent means a telephone utility that includes in a bill it sends to a customer a charge for a product or service offered by a service provider.[PL 1999, c. 59, §1 (NEW); PL 1999, c. 59, §3 (AFF).]

  • FTPS Unit Servicing Agent means FTP Services LLC or any successor FTPS Unit servicing agent appointed as hereinafter provided."

  • Distribution Agent shall refer to the Trustee acting in its capacity as distribution agent pursuant to Section 5.05 herein."

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Servicing Bank means the Agent or the Security Trustee;

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Shareholder Servicing Agent shall have the meaning designated in Section 5.2(f) hereof.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Subordination Agent Has the meaning specified in the Intercreditor Agreement.

  • Issuing Agent means Pareto Securities AB, or another party replacing it, as Issuing Agent, in accordance with these Terms and Conditions.

  • Master Servicer Servicing Personnel The divisions and individuals of the Master Servicer who are involved in the performance of the duties of the Master Servicer under this Agreement.

  • Custodial Agent means the Person who is then the Custodial Agent thereunder.

  • Collateral Custodian means U.S. Bank National Association, solely in its capacity as collateral custodian, together with its successors and permitted assigns in such capacity.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Existing Agent has the meaning assigned to such term in the recitals hereto.

  • Successor Servicer has the meaning specified in Section 3.07(e) of the Indenture.

  • Loan Servicer means the entity that from time to time is designated by Lender to collect payments and deposits and receive Notices under the Note, the Security Instrument, this Loan Agreement and any other Loan Document, and otherwise to service the Loan evidenced by the Note for the benefit of Lender.

  • Contracting agent means the governing body of a

  • Securities Intermediary shall have the meaning given such term in Section 8-102(14) of the UCC.

  • Backup Servicer means Wxxxx Fargo Bank, National Association, in its capacity as Backup Servicer under this Agreement.

  • Prepetition Agent means Goldman Sachs Bank USA in its capacity as administrative agent and collateral agent under the Prepetition Credit Agreement.