Downstream Party definition

Downstream Party means the entity (name or identifying number) receiving Gas at a designated location as identified by a Shipper's Nomination.
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Downstream Party means a third party receiving gas from shipper at the exit point.
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Downstream Party means a third party receiving Gas from Shipper at TTF or the Exit Point.
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Examples of Downstream Party in a sentence

  • Upon identification of a Fault, the Downstream Party is required to correct the Fault and notify the Upstream Party.These Guidelines only require the notification of Faults which are likely to result in a systematic bias to the measured quantity.

  • The Downstream Party is required to supply the Validation Report to the Upstream Party within fourteen (14) days for a Routine Validation and within twelve (12) hours for an Exceptional Validation.

  • When required to maintain the Requesting Party’s(ies’) FELCC, the Party shall deliver and return In Lieu Energy, deliver replacement energy under subparagraph 9(l)(1)(C), Production of Provisional Energy/Options to Retain Energy or Produce Energy for Return, and deliver energy under the refusal option pursuant to paragraphs 13(c)(2), Return by Downstream Party Upon Release of Storage, and 13(c)(3), Return by Reservoir Party Upon Storage.

  • Following the completion of a Routine or Exceptional Validation the Downstream Party is required to compile a “Validation Report” (OAD D3.4).

  • The Party shall deliver and return In Lieu Energy, deliver replacement energy under subparagraph 9(l)(1)(C), Production of Provisional Energy/Options to Retain Energy or Produce Energy for Return, and deliver energy under the refusal option pursuant to paragraphs 13(c)(2), Return by Downstream Party Upon Release of Storage, and 13(c)(3), Return by Reservoir Party Upon Storage, to allow the Requesting Party(ies) to use it for any other purpose.

  • This set of twenty four (24) Nominations is defined as a Daily Nomination (twenty three (23) & twenty five (25) during the switches to respectively from the daylight saving periods).Any Nomination or, with respect to each Hour for which a (Re)Nomination is issued, (Re)Nomination shall contain for each Hour the Shipper Codes of the relevant Downstream Parties and the Quantities of Gas to be made available by Shipper to each Downstream Party.

  • These corrected readings are supplied as part of the “Measurement Error Report (MER)” or “Significant Measurement Error Report (SMER)” described in these Guidelines.For the purpose of these Guidelines, a “Measurement Error” is deemed to be where:• A Fault is discovered in the Measurement Equipment which results in a systematic bias.The Downstream Party will inform the Joint Office of Gas Transporters whenever a Measurement Error is identified.

  • Following a brief discussion of the recommendation made by the Offtake Arrangements Workgroup, JM agreed to approach the preferred nominee with a view to seeking confirmation before his appointment that he would be willing to agree appropriate terms and does not hold any interest or duty which would, or potentially would, conflict with the performance of his duties under his contract with the Downstream Party.

  • Any Nomination or, with respect to each Hour for which a (Re)Nomination is issued, (Re)Nomination shall contain for each Hour the Shipper Codes of the relevant Upstream Parties and Downstream Parties, the Quantities of Gas to be offtaken by Shipper from each Upstream Party and Quantities of Gas to be made available by Shipper to each Downstream Party.

  • As the corrected readings provided within the SMER have been derived by an Appointed Independent Technical Expert in consultation with the Downstream Party, the Upstream Party and Users, they represent a final binding technical evaluation of the magnitude of Measurement Error.


More Definitions of Downstream Party

Downstream Party means a third party receiving Gas from Shipper at the Entry Point or the Exit Point.
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Related to Downstream Party

  • Downstream Affiliate means an entity whose outstanding Voting Shares were, at the date of issuance of the Qualifying Guarantee, more than 50 per cent. owned, directly or indirectly, by the Reference Entity.

  • Upstream Payment a Distribution by a Subsidiary of a Borrower to such Borrower.

  • Downstream means carrying a transmission from the Headend to remote points on the Cable System or to Interconnection points on the Cable System.

  • Upstream means carrying a transmission to the Headend from remote points on the Cable System or from Interconnection points on the Cable System.

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • Third-party logistics provider means an entity that provides

  • Unlicensed person means any person who is not a licensed dealer under this chapter.

  • Interconnection Party means a Transmission Provider, Interconnection Customer, or the Interconnected Transmission Owner. Interconnection Parties shall mean all of them.

  • Platform Services means the products and services that Platform Users receive from a Stripe Connect Platform, regardless of whether fees are charged (e.g., web development, customer support or hosting services).

  • Third Person has the meaning set forth in Section 11.3.

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.

  • APC means the Ambulatory Payment Classification system under 42 CFR 419.31 used by Medicare for grouping clinically and resource-similar procedures and services.

  • Spectrum means frequencies of electromagnetic spectrum used to provide fixed or mobile communications services as licensed or authorized by the FCC.

  • Micro wireless facility means a small cell facility that is not larger in dimension than 24 inches in length, 15 inches in width, and 12 inches in height and that has an exterior antenna, if any, not longer than 11 inches.

  • Pipelines has the meaning set forth in the Recitals.

  • Power production activities means any business operation that involves a project commissioned by the government of Iran whose purpose is to facilitate power generation and delivery, including, but not limited to, establishing power-generating plants or hydroelectric dams, selling or installing components for the project, providing service contracts related to the installation or maintenance of the project, as well as facilitating such activities, including by providing supplies or services in support of such activities.

  • Interconnected Entity means either the Interconnection Customer or the Interconnected Transmission Owner; Interconnected Entities shall mean both of them.

  • Third Party means a provider of digital educational software or services, including cloud- based services, for the digital storage, management, and retrieval of Education Records and/or Student Data, as that term is used in some state statutes. However, for the purpose of this DPA, the term “Third Party” when used to indicate the provider of digital educational software or services is replaced by the term “Provider.”

  • Licensee Parties has the meaning ascribed to such term in Section 5.1.

  • CTI means CTI Logistics Limited (ABN 69 008 778 925) and/or any Affiliate of CTI Logistics Limited as the case may be, which performs all or any of the Services.

  • Customer Group means Customer and any of its Affiliates established and/or doing business in the EEA, or United Kingdom;

  • Valid Third Party Entity In respect of any transaction, any third party that the Calculation Agent determines has a bona fide intent to enter into or consummate such transaction (it being understood and agreed that in determining whether such third party has such a bona fide intent, the Calculation Agent shall take into consideration the effect of the relevant announcement by such third party on the Shares and/or options relating to the Shares and, if such effect is material, may deem such third party to have a bona fide intent). Nationalization, Insolvency or Delisting: Cancellation and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it will also constitute a Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors), such exchange or quotation system shall thereafter be deemed to be the Exchange. Additional Disruption Events: Change in Law: Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by (i) replacing the phrase “the interpretation” in the third line thereof with the phrase “, or public announcement of, the formal or informal interpretation,” (ii) replacing the word “Shares” with the phrase “Hedge Positions” in clause (X) thereof and (iii) inserting the parenthetical “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption, effectiveness or promulgation of new regulations authorized or mandated by existing statute)” at the end of clause (A) thereof. Failure to Deliver: Applicable Hedging Disruption: Applicable; provided that:

  • AMI means Area Median Income as defined by HUD.

  • Customer Affiliate means an entity that owns or controls, is owned or controlled by or is or under common control or ownership with Customer, where control is defined as the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through ownership of voting securities, by contract or otherwise;

  • SDS means safety data sheets;