Contract Path definition

Contract Path means the continuous transmission path for the flow of Non-Firm Energy between the Participants reserved for an Energy Exchange using the transaction matching, reservation and tagging functions of the Southeast EEM System.
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Contract Path means the firm transportation path defined by the daily contract capacity rights from the Primary Point of Receipt to the Primary Point of Delivery.
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Contract Path means an agreed upon electrical path with established rights for the continuous flow of electrical power between the parties exchanging energy.
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Examples of Contract Path in a sentence

  • Section 6.1(c) states:Pro rata among firm service Customers utilizing a Secondary Point or Points with at least one of such points being outside the Contract Path or the nominated quantity being in excess of the firm contractual entitlement(s) for any pipeline segment as described in subsection (g) below.

  • The benefit associated with each Energy Exchange will be calculated by taking the difference between the Bid Price and Offer Price and multiplying it by the MW amount of Non-Firm Energy identified in the Energy Exchange, less the costs of transmission services (Losses) provided along the Contract Path.

  • When the constraint is off the Contract Path, the Interchange Transaction takes on the lowest priority reserved on the Contract Path (Principle 3).

  • It is important to note that an Interchange Transaction using Firm Point-to-Point Transmission Service on all Contract Path links is considered a “firm” Interchange Transaction even if the Constrained Facility is off the Contract Path.

  • There are further considerations that depend on whether the Constrained Facility is on or off the Contract Path.

  • That is, it takes on the priority of the link with the Constrained Facility along the Contract Path (Principle 1).

  • In matching Bids and Offers, the Southeast EEM Algorithm shall not make any Energy Exchanges that would cause the available capacity for NFEETS on any given Contract Path to be exceeded.

  • This is accomplished by calculating Remaining Contract Path Capability (RCPC) for import and export paths in parallel with the AFC process.

  • The Various methods of Transmission pricing are -● The Contract Path Method● Incremental Postage Stamp Method The Focus of Development has changed from regional to national.

  • In addition, for any movement of gas that traverses a segment(s) in which the total nominated quantity for that contract exceeds the firm contractual entitlement, the nominated quantity in excess of the firm contractual entitlement shall be deemed to be outside of the Shipper's Contract Path for that portion of the nominated quantity that exceeds the firm contractual commitment.


More Definitions of Contract Path

Contract Path means a transmission path that can be designated to form a single continuous electrical path between the parties to an agreement.
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Contract Path means the shortest route formed by a series of transmission lines capable of carrying contracted power between the point of receipt to point of delivery in the wheeling system.
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Related to Contract Path

  • Contract Player means any Player (other than a Player on a Scholarship) who is eligible to play under a written contract of employment with a Club.

  • Individual contract plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror’s planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint purposes may be allocated on a prorated basis to the contract.

  • Responsible Contractor means a Contractor that has the capability in all material respects to perform the specifications of the Contract. In determining whether a Contractor is a Responsible Contractor, the Agency may consider various factors including, but not limited to, the Contractor’s competence and qualifications to provide the goods or services requested, the Contractor’s integrity and reliability, the past performance of the Contractor and the best interest of the Agency and the State.

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • public works contract means any agreement between any individual, firm or corporation and the State or any political subdivision of the State other than a municipality for construction, rehabilitation, conversion, extension, demolition or repair of a public building, highway or other changes or improvements in real property, or which is financed in whole or in part by the State, including, but not limited to, matching expenditures, grants, loans, insurance or guarantees.

  • Export Controls Software available on the Services is further subject to United States Export Controls. No software available on the Services may be downloaded or exported (i) into (or to a national or resident of) any country to which the United States has embargoed goods; or (ii) to anyone on the United States Treasury Department's list of Specially Designated Nationals or using the Commerce Department's Table of Deny Orders. By downloading any Software, you represent and warrant that you are not located in, or under the control of, or a national or resident of any such country or on any such list.

  • Contractor / Vendor means the Tenderer whose bid has been accepted and awarded Letter of Acceptance for a specific item followed by the signing of Contract.

  • Essential functions means the fundamental job duties of the employment position the individual with a disability holds or desires. "Essential functions" does not include the marginal functions of the position.

  • CEA means the Commodities Exchange Act, as amended.

  • Services Contract means an agreement for the provision of Services entered into with a Provider by one or more of the Partners in accordance with the relevant Individual Scheme. Service Users means those individual for whom the Partners have a responsibility to commission the Services. SOSH means the Secretary of State for Health.

  • Sub-Contractor means the person named in the Contract for any part of the works or any person to whom any part of the contract has been sublet by the contractor with the consent in writing of the Engineer-in-charge and will include the legal representatives, successors and permitted assigns of such persons.