Imbalance Trade definition

Imbalance Trade means an agreement between the Shipper and an Other Shipper for the transfer of an Imbalance of Natural Gas, which is situated in the TGP on account of a Shipper or Other Shipper (as applicable) in accordance with a Service and this agreement.
Sample 1
Imbalance Trade. – shall mean the reallocation of imbalances from one Customer to another Customer in order to reduce the imbalance of both Customers pursuant to Section 10.3(b) of the GT&C.
Sample 1Sample 2
Imbalance Trade. – shall mean the reallocation of imbalances from one Shipper to another Shipper in order to reduce the imbalance of both Shippers pursuant to Section 22.2 of the GT&C.
Sample 1

Examples of Imbalance Trade in a sentence

  • Quantity Dth Imbalance Trade Date Interruptible Imbalance Trading Charge: This Transaction Confirmation as of the date hereof, shall supersede and cancel Exhibit “E” No. dated to Hub Services Agreement No. dated , .

  • Rates and Charges payable by the Shipper to the Transporter that apply under this agreement are the Service Charges specified in the following table: Service Charges Rate or Charge Park Minimum Service Charge Imbalance Trade Charge * As at 1 January 2021, and escalated in accordance with the Standard Terms and Conditions of Service.

Related to Imbalance Trade

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Imbalance Energy means the amount of energy in MWh, in any given Settlement Period or Settlement Interval, by which the amount of Facility Energy deviates from the amount of Scheduled Energy.

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Distributed generation facility means a facility owned and operated by a member of the Cooperative for the production of electrical energy that:

  • Distributed Generation means generating plant equipment collectively used for generating electricity that is connected, or proposed to be connected, to the Network or a Customer's Installation, but does not include:

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Subject Company shall have the meaning set forth in Section 6.10(a).

  • distributed ledger technology means a database system in which—