Clearing Manager definition

Clearing Manager means the service provider for the time being who is appointed as clearing manager pursuant to the regulations;
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Clearing Manager means the person acting as the clearing manager pursuant to NZEM or such other person from time to time to whom Metering Data is to be sent pursuant to NZEM;
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Clearing Manager has the meaning under the EGRs. "Claims" has the meaning in clause 11.1.
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Examples of Clearing Manager in a sentence

  • Loss Constraint Excess Payments are credits rebated by Transpower as a result of money received from the Clearing Manager for the Wholesale Electricity Market and are excluded from the Transmission Charges.

  • Meets the prudential requirements in relation to FTRs set out in Part 14 of the Electricity Industry Participation Code 2010 ( Code), as determined by the Clearing Manager under the Code.

  • The amount included for the infrastructure of the four market operations service provider agreements (WITS manager, Pricing Manager, Reconciliation Manager, and Clearing Manager) is $680,000.

  • The Clearing Manager acts as a broker for all the wholesale market participants, meaning a concentration of credit risk.

  • Electricity generated from the Te Rere Hau wind farm is sold on the spot market to the Clearing Manager (Energy Clearing House Limited).

  • Clause 13.252 of the Code states that the FTR Manager must provide the following information to the Clearing Manager in relation to each successful bidder in an FTR auction.

  • The Electricity Authority appoints the Clearing Manager and the FTR Manager under Part 3 of the Code as market operation service providers.

  • Clause 13.245 of the Code states that the Clearing Manager must collect and allocate auction revenue.

  • All generation is sold to the Clearing Manager either directly or via a trader.

  • The approval process is co-ordinated by the Authority and communicated to the registry, Reconciliation Manager and Clearing Manager.


More Definitions of Clearing Manager

Clearing Manager means Energy Clearing House Limited. Consume or Consumption means the consumption of electricity at the Grid Reference Point by Party B in connection with the smelting of alumina and for related purposes (including the production and processing of aluminium and related products).
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Clearing Manager means Energy Clearing House Limited.
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Related to Clearing Manager

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Clearing Bank means the Bank or any other banking institution with whom a Payment Account has been established pursuant to a Blocked Account Agreement.

  • Clearing means the clearing and removal of vegetation, whether partially or in whole, including trees and shrubs, as specified;

  • Clearing Agency Participant means a broker, dealer, bank, other financial institution or other Person for whom from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Clearing Organization means The Depository Trust Company, or, if agreed to by Borrower and Lender, such other clearing agency at which Borrower (or Borrower's agent) and Lender (or Lender's agent) maintain accounts, or a book-entry system maintained by a Federal Reserve Bank.

  • Clearing Agency means an organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act.

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Clearing System means Monte Titoli S.p.A., with offices in Piazza degli Affari no. 6, Milan, Italy ("Monte Titoli").