Gas undertaking definition

Gas undertaking means any natural or legal person carrying out at least one of the following activities: production, delivery and sale of gas from own production, transmission of gas, distribution of gas, gas supply, purchase or storage of gas, which is responsible for the commercial and technical tasks, as well as maintenance of gas system, except for the final gas customers;
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Gas undertaking means the whole undertaking and
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Gas undertaking means any individual or legal entity which, based on licence granted on the basis hereof, pursues gas generation, gas recovery, transmission system operation, distribution system operation or underground gas storage operation.
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Examples of Gas undertaking in a sentence

  • Gas undertaking in dominant position on the market(1) The gas undertaking in a dominant position on the market (hereinafter, ‘the gas undertaking in a dominant position’) within the meaning of the Competition Act publishes the terms and conditions of the sale of gas and the principles of formation of the selling price.

  • Gas undertaking in dominant position on the market(1) The gas undertaking in a dominant position on the market (hereinafter, ‘the gas undertaking in a dominant position’) within the meaning of the Competition Act shall publish the terms and conditions of the sale of gas and the principles of formation of the selling price.

  • In addition, the Council manages a Gas Pension Fund on behalf of the former Gas undertaking.

  • Gas undertaking in dominant position on the market[Repealed – RT I, 09.10.2020, 2 – entry into force 19.10.2020]§ 10.

  • The current Balancing SOP, dated 15 September 2015, is available on OATIS Line Pack managementOperation of the non-Maui pipelines is often more about providing sufficient pressure in those pipelines to deliver the expected load rather than First Gas undertaking active secondary balancing.

  • Those cash-outs were passed to VTC Shippers (and Vector in respect of its running imbalance as pipeline operator (VRI)).Line Pack managementOperation of the non-Maui pipelines is often more about providing sufficient pressure in those pipelines to deliver the expected load rather than First Gas undertaking active secondary balancing.

  • Gas undertaking in dominant position on market (1) The gas undertaking in a dominant position on the market (hereinafter gas undertaking in a dominant position on the market) within the meaning of the Competition Act shall publish the conditions of sale for gas and the principles of formation of the selling price.

  • Funds provided through Section 514 and 515 and other sources will also work to ensure the continued financial viability of these vital projects.

  • Caution! Only original spare parts must be used.Safety 2.3 Regulations and standards‌ The installation should comply with relevant British Standard Specifications, Co- des of Practice and current Building Regulations, together with any special region- al requirements of the Local Authorities, Gas undertaking and Insurance I.E.E. Reg- ulations for the Electrical Equipment of Buildings.

  • Transactions in currencies other than the functional currency of the National Grid Gas undertaking concerned are recorded at the rates of exchange prevailing on the dates of the transactions.


More Definitions of Gas undertaking

Gas undertaking means any natural or legal person carrying out at least one of the following energy-related activities: gas production, supply and sale of natural gas from one’s own production, gas transmission, gas distribution, gas storage, LNG facility operation, gas procurement, gas supply of tariff customers, gas supply of eligible customers, mediation on the gas market and representation on the gas market, and which is responsible for commercial and technical issues and maintenance of the systems related to those functions, but not including final gas customers;
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Gas undertaking means a person which pursues at least one of the activities: production of gas, transit of gas, distribution of gas, purchase of gas for its resale of for storing of gas including permanent storing of LNG and which is in connection with such activities responsible for commercial tasks, technical tasks or maintenance; end gas consumer is not a gas undertaking,
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Gas undertaking means an undertaking for the extraction, production, processing or distribution of gas.”
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Related to Gas undertaking

  • Manager’s Undertaking means, in relation to a Ship, the letter of undertaking from its Approved Technical Manager and the letter of undertaking from its Approved Commercial Manager subordinating the rights of such Approved Technical Manager and such Approved Commercial Manager respectively against that Ship and the relevant Borrower to the rights of the Finance Parties in agreed form.

  • Approved Manager’s Undertaking means, in relation to each Ship, a letter of undertaking executed by the Approved Manager in favour of the Security Trustee in the Agreed Form agreeing certain matters in relation to the Approved Manager serving as the manager of that Ship and subordinating the rights of the Approved Manager against such Ship and the relevant Borrower to the rights of the Security Trustee under the Finance Documents;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Manager’s Undertakings means any or all of them;

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • group undertaking means the Company or another undertaking in the group;

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • public undertaking means any undertaking over which the public sector bodies may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it; for the purpose of this definition, a dominant influence on the part of the public sector bodies shall be presumed in any of the following cases in which those bodies, directly or indirectly:

  • ancillary services undertaking means an undertaking the principal activity of which consists in owning or managing property, managing data-processing services, or any other similar activity which is ancillary to the principal activity of one or more credit institutions;

  • financial undertaking means any of the following entities:

  • Disclosure Undertaking means the Issuer’s master undertaking to provide ongoing disclosure relating to certain obligations contained in the SEC Rule in connection with the general obligation notes of the Issuer issued after February 27, 2019, as implemented by Ordinance Number 50-933 of the Issuer.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;

  • Undertaking means any natural or legal person, whether profit-making or not, or any official body whether having its own legal personality or not;

  • Standard Receivables Undertakings means representations, warranties, covenants and indemnities entered into by the Company or any Subsidiary of the Company which are customary in a Qualified Receivables Transaction, including, without limitation, those relating to the servicing of the assets of a Receivables Entity, it being understood that any Receivables Repurchase Obligation shall be deemed to be a Standard Receivables Undertaking.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

  • Demerged Undertaking means the Premium Brands Business of the Demerged Company and includes related assets, liabilities, rights and powers, on a going concern basis, representing an undertaking in compliance with Sec. 2(19AA) of the Income Tax Act, as on the Appointed Date, which shall be transferred and vested with the Resulting Company upon Demerger by the Demerged Company in terms of this Scheme. Without prejudice and limitation to the generality of the above, the Demerged Undertaking means and includes,:

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • electricity undertaking means any person engaged in the generation,transmission, distribution or supply of electricity including any holder of a licence or authorisation or a person who has been granted a permit under Section 37 of the Principal Act and any person transferring electricity to or from Ireland across an interconnector or who has made an application for use of an interconnector which has not been refused;

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or a Subsidiary thereof that are reasonably customary in non-recourse securitization transactions.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • collective investment undertaking or ‘CIU’ means a UCITS as defined in Article 1(2) of Directive 2009/65/EC of the European Parliament and of the Council (2) or an alternative investment fund (AIF) as defined in point (a) of Article 4(1) of Directive 2011/61/EU of the European Parliament and of the Council (3);‌

  • Performance Undertaking means that certain Performance Undertaking, dated as of the Closing Date, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.