BSC Party definition

BSC Party means a Party that has acceded to the BSC (and is therefore bound by the terms of the BSC);
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BSC Party means any authorised electricity operator which is a party, and (unless the context otherwise requires) any other person which is a party, to the BSC Framework Agreement, other than the licensee and any person which is such a party for the purposes only of administering and/or facilitating the implementation of the BSC.
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BSC Party has the meaning given to the term 'Party' in the Balancing and Settlement Code
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Examples of BSC Party in a sentence

  • The Entered Settlement Day and Entered Settlement Period indicate when the BSC Party entered the reported default level.3. The Cleared Settlement Day and Cleared Settlement Period indicate when the BSC Party cleared the reported default level.4. The Cleared Default Reason indicates why the Party cleared default as supplied by ECVAA.

  • Credit Default Notices shall include all data listed in BMRA-I018, i.e.:Credit Default Notice: BSC Party ID Credit Default LevelEntered Default Settlement Day Entered Default Settlement Period Cleared Default Settlement Day Cleared Default Settlement Period Cleared Default Reason Notes:1.

  • Where the TC has deemed that exceptional circumstances exist, the TC and the SAA shall determine and notify the BSC Party of the alternative process to be used.

  • Where such a dispute arises, a representative of National Grid and each BSC Party concerned who has authority to resolve the dispute shall meet (including by agreement by telephone) within 10 Business Days of a request by either party (or within such longer period as may be agreed, acting reasonably) and seek to resolve it.

  • None of these later requests shall be processed until the initial BSC Party Registration has been completed.

  • In addition that the BSC Party statement of Error Administrator registration matches that received through the Interconnector Administrator registration data.

  • It shall be the responsibility of an operator of the CRA system to validate the following data against paper documentation: 1) That the BSC Party Agent has been registered with BSCCo Ltd,2) That the BSC Party Agent has been Qualified.

  • The remainder of the registration details (such as Authorised Signatories) would be sent later by either the BSC Party Agent or BSCCo Ltd.

  • The CDCA shall provide the BSCCo Ltd with a reconciliation report, where there is an error in excess of that defined in CDCA-F014, which may be used as evidence in the resolution of a dispute raised by a BSC Party or Parties.

  • The system shall allow for the amendment of the Qualification and registration details as well as the details concerning the BSC Party Agent itself (such as address and contact data).


More Definitions of BSC Party

BSC Party or “BSC Parties” shall have the meaning given to that term in the BSC.
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BSC Party means a Party that has acceded to the BSC (and is therefore bound by the terms of the BSC); BSC Party Agent has the meaning given to the term ‘Party Agent’ in the BSCCo has the meaning given to that term in the BSC. Category A Situation means a situation in which the Company’s Electric Lines Category B Situation means a situation in which the condition of the
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BSC Party means any authorised electricity operator which is a party, and (unless the context otherwise requires) any other person
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Related to BSC Party

  • Buyer Party means Buyer or any Affiliate of Buyer that is a party to any Transaction Agreement.

  • Third Party Provider means licensors, subcontractors and suppliers of BNYM furnishing the Third Party Products.

  • Aggrieved party means a party entitled to pursue a remedy.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Participating Party means an enterprise or public body that has committed itself to reaching certain objectives under a voluntary agreement, or is covered by a national regulatory policy instrument;

  • Party means a party to this Agreement.

  • Political party means an organization of registered voters that has qualified to

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • Initiating Party has the meaning set forth in Section 12.12.