Bilateral Trade definition

Bilateral Trade means the sale or transfer of Contracted Capacity (including hourly entitlements, imbalance entitlements and other contractual entitlements to use the relevant Contracted Capacity or use it in a given way) by the Shipper to another shipper other than through the Exchange or the Capacity Auction.

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Bilateral Trade means a trade of Daily Planned Sendout either between two Long- Term Users or Spot Cargo Users (as the case may be) or between either a Long-Term User or Spot Cargo User and a Third Party.

Bilateral Trade means the sale of Transportation Capacity (other than through the Exchange or the Capacity Auction) by User to an Other User pursuant to terms agreed between User and that Other User.

Examples of Bilateral Trade in a sentence

• If the limitation of the commercial transmission capacity for Bilateral Trade is not sufficient to cover the full limitation of the technical transmission capacity, the commercial transmission capacity for Direct Trade will be limited.

• If the transmission capacity is not used either for the purposes of Bilateral Trade or Direct Trade Fingrid has the right to allocate the unused share of the transmission capacity for the purposes of ancillary services administered by Fingrid.

• If the limitation of the Bilateral Trade is not sufficient to cover the full limitation, the trade schedules for Direct Trade will be limited.

• In case FGC, SO and Fingrid agree to change the transmission capacity available for Bilateral Trade or the rules of the Bilateral Trade, both the Customer and Fingrid have the right to change the transmission capacity reservations.

• As well, the Customer has the right to change the transmission capacity reservations for Bilateral Trade at any time, if agreed with Fingrid.

• The confirmed hourly Bilateral Trade schedules are limited pro rata.

• The Customer shall send their preliminary Bilateral Trade schedule for the following Single day-ahead and intraday market coupling commercial day to Fingrid latest at 06:30 CET (winter time) or at 7:30 CET (summer time) of the previous day.

• Despite anything to the contrary in this clause 28 or elsewhere in this Agreement, to the extent that Service Provider gives effect to an Other Entitlement Bilateral Trade by User, User's relevant Other Entitlement is reduced by the quantity of Other Entitlement the subject of that Other Entitlement Bilateral Trade.

• Subject to clause 4.4 and this clause 12.4,the Shipper may sell Contracted Capacity through a Bilateral Trade or Exchange Trade, and the Service Provider must give effect to any such Operational Transfer subject to any validation arrangements in the Capacity Transfer and Auction Procedures.

• Existing Shipper (DDP 90) As-Available or Interruptible Service – Foundation Shipper A or Foundation Shipper B An as-available or interruptible gas transportation service on DDP 90 provided pursuant to a Gas Transportation Agreement with either Foundation Shipper A or Foundation Shipper B, including any such service acquired by a Secondary Shipper through an Exchange Trade or Bilateral Trade (DDP 90-1 As-Available or Interruptible Services).

More Definitions of Bilateral Trade

Bilateral Trade means bilateral commercial contracts between the Russian Trader and the Customer.

Bilateral Trade means exchange of goods and services between two countries;

Bilateral Trade means exchange of goods and services between two countries, passing through third country or directly;

Bilateral Trade means the sale or transfer of Contracted Capacity (including hourly entitlements, imbalance entitlements and other contractual entitlements to use the relevant Contracted Capacity or use it in a given way) by the Shipper to another shipper other than through the Exchange. Capacity means the quantity of Gas that can be received into and delivered from the Pipeline at specified points (as the context requires), as the Pipeline is configured between those points at the relevant time. Capacity Trade means the acquisition of Capacity Trade MDQ by the Shipper from a Valid Trading Party. Capacity Trade MDQ means reserved capacity (including hourly entitlements, imbalance entitlements and other contractual entitlements) on the Pipeline held by a Valid Trading Party that is subject to an Operational Transfer with the Shipper. Capacity Transfer and Auction Procedures means the procedures published by AEMO directed at the operation and administration of Capacity Auctions and transaction support arrangements. Carbon Charge means any cost, Loss, fee, expense, penalty, fine, royalty, tax, rate, duty, levy or charge imposed, levied or incurred whether directly or indirectly and including on an accrual basis in respect of any Greenhouse Gas emissions, or in respect of any existing or new trading mechanism or scheme, or any other existing or new mechanism, that has as one of its objectives a reduction in or modification of behaviour in respect of Greenhouse Gas emissions, including any direct or indirect cost of acquiring or failure to surrender any permit, credit or licence which is required in connection with the emission of Greenhouse Gas or any unit (however called) which relates to the amounts of emissions of Greenhouse Gas, and any direct or indirect cost of any relevant activities undertaken for the purposes of reducing or offsetting such emissions but does not include any penalty or fine incurred by the Transporter or its Related Bodies Corporate due to the Wilful Misconduct or negligence of the Transporter or its Related Bodies Corporate.