Cleared UCAP definition

Cleared UCAP means the amount of MW (rounded down to the nearest tenth of a MW) that had been subject to an Offer Floor but has cleared in accordance with Section 23.4.5.7.
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Examples of Cleared UCAP in a sentence

  • Cleared UCAP is offered into the ICAP Spot Market Auctions as a price-taker.

  • They argued that the Cleared UCAP formula was sufficient to deter uneconomic entry because once a new Installed Capacity Supplier satisfies the Cleared UCAP formula, it has demonstrated that it was truly economic.

  • With respect to the Indicated NYTOs appeal, the Board emphasized that the minimum mitigation period preserved the deterrent value of the Offer Floor and functioned as a check against the possibility that the Cleared UCAP formula might allow an Offer Floor to be removed prematurely.

  • Four Motions in Support and/or Opposition to the appeals were also submitted.34IPPNY objected to the proposed Cleared UCAP formula, and in particular the fifty percent rule discussed above, as well as the thirty Capability Period maximum Offer Floor duration.

Related to Cleared UCAP

  • Cleared Swap means a Swap that is subject to the mandatory clearing requirement of Section 2(h)(1)(A) of the CEA or any Swap that is intended by a Participant to be submitted to a DCO for clearing contemporaneously with execution.

  • Reorganized Debtor means a Debtor, or any successor or assign thereto, by merger, consolidation, or otherwise, on and after the Effective Date.

  • securities settlement system means a securities settlement system (as defined in the CSD Regulation) operated by a central securities depository;

  • PCI means payment card information including any data related to credit card holders’ names, credit card numbers, or the other credit card information as may be protected by state or federal law.

  • Merchant means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an agent or broker or other intermediary who by his occupation holds himself out as having such knowledge or skill.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Consumer-goods transaction means a consumer transaction in which:

  • Trading Account means the unique personified registration system of all Completed Transactions, Open Positions, Orders and deposit/withdrawal transactions in the Trading Platform.

  • ACH Transactions means any cash management or related services (including the Automated Clearing House processing of electronic fund transfers through the direct Federal Reserve Fedline system) provided by a Bank Product Provider for the account of Borrower or its Subsidiaries.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Transaction Data is anonymized or aggregated data which has had all personally identifiable information removed.