BeLux Area definition
Examples of BeLux Area in a sentence
The object of this Agreement is to lay down the terms and conditions which are applicable to the Balancing within the BeLux Area.
The BeLux integrated market model describes the BeLux Area and the services offered within the BeLux Area.
Balancing Operator will notify the TSOs of the BeLux Area of the signing, of any non-compliance by the Network User with the obligations assumed in this Agreement (including the Balancing Code), the rescission, the termination, the annulment, any Force Majeure event, or the resumption of performance of the Agreement as well as any event or circumstance it deems relevant in this respect.
The Balancing Operator hereby warrants to the Network User that it holds any and all authorisations and rights required under applicable law to perform the Balancing within the BeLux Area.
In case the Network User fails to demonstrate compliance within twenty (20) Business Days, the Balancing Operator shall inform the TSOs of the BeLux Area (and the Network User acknowledges that TSOs of the BeLux Area have the right to immediately suspend all or part of Services of the Network User in accordance with the contractual provisions provided for this purpose).
At the same time the Balancing Operator shall notify the Network User that he has informed the TSOs of the BeLux Area.
The Balancing Program consists in a description of the Balancing model applicable in the BeLux Area.
The Balancing Programme consists in a description of the Balancing model applicable in the BeLux Area.
The Balancing Operator hereby warrants to the Grid UserNetwork User that it holds any and all authorisations and rights required under applicable law to perform the Balancing within the BeLux Area.
The Balancing Operator hereby warrants to the Grid User that it holds any and all authorisations and rights required under applicable law to perform the Balancing within the BeLux Area.