Connection and Use of System Code definition
Examples of Connection and Use of System Code in a sentence
These higher risks are partly due to the fact that the Fund must use brokers and counterparties which do not have a very high level of capitalisation, and the safekeeping of assets may in some countries be unde- pendable, so that upon subscription or redemption, Fund shares may be worth less, or more, than at the time they were created.
The Statement makes reference to a number of definitions contained in the Grid Code, the Connection and Use of System Code and the Balancing and Settlement Code.
In the event that any of the relevant provisions in the Grid Code, the Connection and Use of System Code or the Balancing and Settlement Code are amended it may become necessary for us to modify the Statement in order that it remains consistent with the Grid Code, the Connection and Use of System Code and the Balancing and Settlement Code.
Connection and Use of System Code (CUSC) Multi-party document creating contractual obligations among and between all users of the GB transmission system, parties connected to the GB transmission system and National Grid is relation to their connection to and use of the transmission system.
Pursuant to the Transmission Licence, The Company is required to prepare a Connection and Use of System Code (CUSC) setting out the terms of the arrangements for connection to and use of the National Electricity Transmission System and the provision of certain Balancing Services.