BSC Party definition

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 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 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

  • In addition, the Party Agent has a legitimate interest in complying with its contractual obligations to a BSC Party including where that BSC Party is under a legal obligation pursuant to paragraph (b).


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 BSC. BSCCo has the meaning given to that term in the BSC. Category A Situation means a situation in which the Company’s Electric Lines or Electrical Plant does (or is likely to) pose a danger, including danger of death of or injury to persons and/or danger of damage to or destruction of property. Category B Situation means a situation in which the condition of the Company’s Electric Lines or Electrical Plant prevents metering work from being carried out or prevents a meter from being exchanged but where the situation is not a Category A Situation.
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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); has the meaning BSC. has the meaning given to that term in the BSC. or Electrical Plant does (or is likely to) pose a danger, including danger of death of or injury to persons and/or danger of damage to or destruction of property. means a situation in which the condition of the revents metering work from being carried out or prevents a meter from being exchanged but where the situation is not a Category A Situation. Electrical Plant that is neither a Category A Situation nor a Category B Situation. means the common connection charging methodology set out in Schedule 22 (Common Connection Charging Methodology). As described in that Schedule, the CCCM only comprises part of the connection charging methodology that each DNO Party is obliged to have in force under its Distribution Licence. means the common distribution charging methodology for determining certain of the Use of System Charges of the DNO Parties that are to be recovered pursuant to Section 2A, Section 2B, and the Relevant Charging Statements, as set out in Schedule 16 (Common Distribution Charging Methodology). means the Central Data Collection Agent as defined in the Balancing and Settlement Code. has the meaning given to that term in Clause 10.1. has the meaning given to that term in Clause 11.25. has the meaning given to that term in Clause 11.19. means, in respect of Section 2A, the Use of System Charges and the Other Charges, and, in respect of Section 2B, those charges referred to in Clause 43.2 (which in the case of Clause 43.2, for the avoidance of doubt, includes both Use of System Charges and Transactional Charges). means each of the CDCM, the EDCM and the CCCM. has the meaning given to that term in Clause 3.2.
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BSC Party means a party who is bound by the BSC in the participation capacity of a “Trading Party” (as such term is defined in 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
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Related to BSC Party

  • FOIA Party means a Person that, in the reasonable determination of the Board of Directors, may be subject to, and thereby required to disclose non-public information furnished by or relating to the Company under, the Freedom of Information Act, 5 U.S.C. 552 (“FOIA”), any state public records access law, any state or other jurisdiction’s laws similar in intent or effect to FOIA, or any other similar statutory or regulatory requirement.

  • Recipient Party means the Party which receives Confidential Information from the other Party.

  • Lender Recipient Party means collectively, the Lenders, the Swing Line Lender and the L/C Issuer.

  • Assisting Party means a party that provides assistance pursuant to this Agreement during an emergency or disaster.

  • Designated Party means any person listed:

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • CRL : means the certificate revocation list;

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

  • Terminated Party As defined in Section 7.01(c) of this Agreement.

  • Third Party Owner means any person who is the legal or beneficial owner (including a Lessor) of any Assets used or occupied by, or in the possession of the Deed Company as at the Appointment Date. 1.2 Interpretation In the Deed, unless a contrary indication appears or the context otherwise requires:

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

  • BRRD Party means any Underwriter subject to Bail-in Powers.

  • 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;

  • FDIC Party has the meaning provided in Section 2.1(f)(ii) of this Commercial Shared-Loss Agreement.

  • Party or “Parties” has the meaning set forth in the Preamble.

  • Purchasing Party means a Party requesting or receiving a Service from the other Party under this Agreement.

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

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.