Business Separation Plan definition

Business Separation Plan means the Business Separation Plan, as amended, filed by REI with the PUCT in accordance with Section 39.051 of the Utilities Code and approved by the PUCT at its open meeting on December 1, 2000 (Docket No. 21956).
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Examples of Business Separation Plan in a sentence

  • The scope of the Business Separation Plan is to define a solution that enables the Programme to act autonomously and satisfy the Business Separation obligations (described in section 9) as defined in the MHHS Governance Framework.

  • This Business Separation Plan is based on two documents, namely (1) the BSC, and (2) the MHHS Governance Framework.

  • This document is the proposed Business Separation Plan, and an implementation plan will be published when the Business Separation Plan is approved.

  • The purpose of the Elexon Business Separation Plan is to define and implement a solution that enables Elexon to successfully deliver the Market-wide Half-Hourly Settlement (MHHS) Programme whilst acting autonomously and serving all industry participants fairly and equally.

  • The Elexon MHHS Programme Executive Sponsor is the owner of the Business Separation Plan and will be responsible for implementing and maintaining the Business Separation Plan.

  • The table below captures the expected outcomes of the Business Separation Plan, defines how success will be measured and documents the associated solutions that are being, or have been, implemented.

  • Elexon made submissions to Ofgem during the consultation about the MHHS IM roles, responsibilities, obligations and governance requirements, which were taken on board in all material respects.BSC Modification P423 was unanimously recommended by the BSC panel on 16 September 2021 and was approved by the Authority on 30 September 2021.The Business Separation Plan is subject to approval by the Elexon Board and Ofgem.

  • It is recognized and understood that high levels of cooperation and assistance will be required between members of the CenterPoint Group and the Genco Group in connection with Regulatory Proceedings necessary to implement the Genco Distribution and the Business Separation Plan approved by the PUCT and all matters relating to the Genco Option.

  • It is recognized and understood that high levels of cooperation and assistance will be required between members of the REI Group and the Resources Group in connection with Regulatory Proceedings necessary to implement the Separation and the Business Separation Plan approved by the PUCT and all matters relating to the Genco Option.

  • For information regarding the effect of the Business Separation Plan on the generation capacity auctions, see Note 4(b).

Related to Business Separation Plan

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Business Continuity Plan means any plan prepared pursuant to clause H5.6, as may be amended from time to time.

  • Business Systems means all Software, computer hardware (whether general or special purpose), electronic data processing, information, record keeping, communications, telecommunications, networks, interfaces, platforms, servers, peripherals, and computer systems, including any outsourced systems and processes, that are owned or used or held for use in the conduct of the Company Business.

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Parent Plan means any plan, policy, program, payroll practice, on-going arrangement, contract, trust, insurance policy or other agreement or funding vehicle, whether written or unwritten, maintained or sponsored by Parent or any of its Subsidiaries or Affiliates (or any of their respective predecessors) at any time on or prior to the Effective Time for the purpose of providing compensation or benefits to any current or former employee of any such person.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Forest management plan means a written plan prepared and signed by a qualified forester that prescribes measures to optimize production, utilization, regeneration, and harvest of timber. The forest management plan shall include a schedule and timetables for the various silvicultural practices used on forestlands, which shall be a maximum of 20 years in length. A forest management plan shall include all of the following:

  • Company 401(k) Plan shall have the meaning set forth in Section 4.11(f).

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Activity Plan means the plan that is developed for each Individual based on their activity assessment. The plan should include strategies for how these activities can become part of the Individual’s daily routines.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Company Employees shall have the meaning set forth in Section 6.10(a).