Examples of Energy Contract Volume Notification in a sentence
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The term " ECVNA" or "Energy Contract Volume Notification Agent" means the person who is qualified to act as an ECVNA for the purposes of the BSC and who is appointed by the Clearing House and authorised by the Clearing House, the Seller and the Buyer (or their Transferor or Transferee respectively) to submit ECVNs and ECVNA Authorisations in accordance with the BSC, the ICE Futures Europe Rules and the Rules.
Energy Contract Volume Data and Metered Volume Reallocation Data may only be notified by an Energy Contract Volume Notification Agent and a Metered Volume Reallocation Notification Agent respectively in accordance with the provisions of this Section P and Section J.
Where an Energy Contract Volume Notification is to be in force for more than one Settlement Day, the Energy Contract Volume Data for a given Settlement Period (considered as a period in any day) shall be the same for that period in each Settlement Day for which it is in force.
The term "ECVN" or "Energy Contract Volume Notification" means the notification, including amongst other things of an energy contract volume, submitted by the ECVNA to the ECVAA for each Settlement Period of a Delivery Day in the manner required by the BSC and otherwise in accordance with the ICE Futures Europe Rules and the Rules.
Energy Contract Volume Data may be notified by way of an Energy Contract Volume Notification submitted by an Energy Contract Volume Notification Agent.
Where the same person is appointed as an Energy Contract Volume Notification Agent by each of the Relevant Contract Parties by an ECVNA Authorisation, the Energy Contract Volume Notification Agent so appointed shall submit Energy Contract Volume Notifications on behalf of each of the Relevant Contract Parties.
An Energy Contract Volume Notification may not be amended or varied other than pursuant to paragraph 2.3.5.
An Energy Contract Volume Notification may only amend a matched Settlement Period pursuant to paragraph 2.4.4.
The ECVAA will inform the Relevant Contract Parties and Energy Contract Volume Notification Agent if it does not validate the Energy Contract Volume Notification.