Incentives Pool Trustee definition

Incentives Pool Trustee means the Commercial Operator in its role as trustee for the Incentives Pool.
Incentives Pool Trustee means either:
Incentives Pool Trustee means the person appointed by MDL as trustee for the Incentives Pool from time to time.

Examples of Incentives Pool Trustee in a sentence

  • Among other matters the COCR:• removes references to MDL; • provides that the new owner can carry out the Technical Operator, System Operator, Commercial Operator, Balancing Agent and Incentives Pool Trustee roles; and • adjusts the ring-fencing arrangements to be appropriate for the changed circumstances.

  • Among other matters the COCR: • removes references to MDL; • provides that the new owner can carry out the Technical Operator, System Operator, Commercial Operator, Balancing Agent and Incentives Pool Trustee roles; and • adjusts the ring-fencing arrangements to be appropriate for the changed circumstances.

  • So the only payments into the pool are in relation to peaking.This Incentives Pool is managed by an Incentives Pool Trustee who is currently the TSP.The last Incentives Pool profit and loss statement to be published on OATIS is for the 2013 calendar year shows Incentives Pool Charges of $91,477.77, and Incentives Pool Claims of$172,299.73.

  • Also, the critical Maui Pipeline operational roles of Technical Operator, System Operator and Commercial Operator were outsourced to facilitate this, including the Commercial Operator performing the Balancing Agent and Incentives Pool Trustee roles.

  • Some of these do not seem to be directly related to balancing improvements – for example the separation of the Incentives Pool Trustee from MDL, the removal of section 12.1, and the removal of Vector’s protection against gas being shipped with a compliant TSA and GTA.

  • In essence, the proposed changes involve: • replacing Maui Development Limited (‘MDL’) with Transmission Service Provider (‘TSP’); • providing that the TSP can carry out the Technical Operator, System Operator, Commercial Operator, Balancing Agent and Incentives Pool Trustee roles (at present these roles are variously carried out by Vector and Transact); and • adjusting the ring-fencing arrangements to be appropriate for the changed circumstances.

  • Peaking Cost), the BPP Trustee shall make a payment out of the BPP Account to Vector or, if Vector requests, to MDL or the Incentives Pool Trustee.


More Definitions of Incentives Pool Trustee

Incentives Pool Trustee means the Commercial Operator in its roleperson appointed by MDL as trustee for the Incentives Pool from time to time.
Incentives Pool Trustee means the person appointed by MDLCommercial Operator in its role as trustee for the Incentives Pool from time to time..

Related to Incentives Pool Trustee

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • Class C Trustee Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Bonus Pool means the pool of funds available for distribution to Participants. Subject to the terms of the Plan, the Committee establishes the Bonus Pool for each Performance Period.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • Senior Interest Holders means, collectively, the Lenders, the Administrative Agent, the Borrower Indemnified Parties, the Servicer Indemnified Parties and the Affected Persons.

  • Canadian Trustee means the Person named as the “Canadian Trustee” in the first paragraph of this Indenture until a successor Canadian Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Canadian Trustee” shall mean or include each Person who is then a Canadian Trustee hereunder; provided, however, that if at any time there is more than one such Person, “Canadian Trustee” as used with respect to the Securities of any series shall mean only the Canadian Trustee with respect to Securities of that series.

  • Fund/SERV Eligible Unit Servicing Agent means FTP Services LLC or any successor Fund/SERV Eligible Unit servicing agent appointed as hereinafter provided."

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Additional Trust Fund Expenses (i) Special Servicing Fees, Workout Fees and Liquidation Fees, (ii) interest in respect of unreimbursed Advances, (iii) the cost of various default-related or unanticipated Opinions of Counsel required or permitted to be obtained in connection with the servicing of the Mortgage Loans and the administration of the Trust Fund, (iv) unanticipated, non-Mortgage Loan specific expenses of the Trust Fund, including indemnities and expense reimbursements to the Trustee, the Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Depositor and federal, state and local taxes, and tax-related expenses, specifically payable out of the Trust Fund, (v) any fees or expenses that are expressly designated as an Additional Trust Fund Expense pursuant to any provision of this Agreement and (vi) any other default-related or unanticipated expense of the Trust Fund that is not covered by a Property Advance and for which there is no corresponding collection from a Mortgagor.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Class A Trustee means the trustee for the Class A Pass Through Trust.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • institutional trustee means the Trustee.

  • Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.

  • FTPS Unit Servicing Agent means FTP Services LLC or any successor FTPS Unit servicing agent appointed as hereinafter provided."

  • Collateral Administrator has the meaning set forth in the introductory section of this Agreement.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Note A-3 Trustee means the trustee under the Note A-3 PSA.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.