Electricity Assets definition

Electricity Assets any assets relating to the generation, transmission, distribution, supply and trading of electricity and for system management in the State of Israel and for the carrying on of all other activities related to electricity in the State of Israel, and any and all Licenses with respect thereto.
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Electricity Assets means all transmission capacity, congestion revenues rights, auction revenue rights, ISO load IDs and tags associated with MX Electric’s customer load that are held in the name of SET on or prior to the Closing Date.
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Examples of Electricity Assets in a sentence

  • Following the Closing Date and until such time as the applicable Electricity Assets or Gas Assets are transferred to CECG, SET shall be responsible for the scheduling, nominating and other operational obligations with respect to the delivery of Gas and Products as set forth in the A&R ISDAs. As the Electricity Assets and Gas Assets are transferred to CECG, SET shall be relieved of such responsibility with respect to the transferred Electricity Assets and/or Gas Assets.

  • At present, electronic data that details multiple substations, including their names with major transmission lines, may be considered very sensitive under the Homeland Security Act's designation of Critical Electricity Assets.

  • SET shall cease to be the financially responsible party or Qualified Scheduling Entity with respect to MX Electric’s customer load in an ISO upon the release of the Electricity Assets with respect to such ISO.