Balancing Agent definition

Balancing Agent means the balancing agent appointed by MDL from time to time to manage the Line Pack.
Sample 1Sample 2Sample 3
Balancing Agent shall have the meaning set forth in Section 9.5.
Sample 1Sample 2Sample 3
Balancing Agent means either:
Sample 1Sample 2Sample 3

Examples of Balancing Agent in a sentence

  • Balancing Agent and Dynamic Scheduling............................

  • By entering into this NBAA, Balancing Agent accepts responsibility for all applicable balancing, capacity allocation and constraint obligations, rights, penalties and credits pursuant to gas rate Schedule G-BAL, gas Rule 14 and other applicable rules, from the date this NBAA is effective, and for each Customer executing an Exhibit A.

  • Likewise, for a Balancing Agent to terminate agent service to a Customer, Balancing Agent must submit an Exhibit B for each Exhibit(s) A to PG&E, with a copy to the Customer.

  • Customer and Balancing Agent shall execute a separate Exhibit A for each Customer account under this NBAA.

  • The Balancing Agent shall meet creditworthiness requirements as set forth in gas Rule 25 in order to act as Customer’s Balancing Agent under this NBAA.

  • A Customer who wishes to terminate any or all Exhibit(s) A under this NBAA and resume on its own behalf all balancing, capacity allocation and constraint obligations, penalties, and credits, must complete an Exhibit B for each Exhibit A and submit it to PG&E, with a copy to the Balancing Agent.

  • Creditworthiness determinations may be adjusted by PG&E when Customers begin or terminate services with Balancing Agent under this NBAA.

  • This Exhibit A shall apply the provisions of the NBAA to Customer’s account, in aggregation with other Customers for whom Balancing Agent acts under this NBAA.

  • The termination of a Balancing Agent shall become effective pursuant to the terms of Exhibit B.

  • Any existing Customer imbalances and/or adjustments to past imbalances will also become the responsibility of the Balancing Agent upon the effective date of the NBAA.


More Definitions of Balancing Agent

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.
Sample 1Sample 2
Balancing Agent means the balancing agent appointed by MDL from time to time .
Sample 1

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.

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

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

  • 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;

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

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

  • 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”);

  • Successor Servicer means any entity appointed as a successor to the Servicer pursuant to Section 8.02.

  • 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 The meaning specified in Section 8-102(a)(14) of the UCC.

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