Independent Market Monitor definition

Independent Market Monitor. (“IMM”) shall mean the person or persons, or consulting or professional services firm, retained by the Board for the general purpose of advising the MMU and overseeing its implementation of SPP’s Market Monitoring Plan.
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Independent Market Monitor means the independent market monitor for the PJM market.
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Examples of Independent Market Monitor in a sentence

  • Attachment A to the Complaint of the Independent Market Monitor for PJM, Docket No. EL19- 47-000 (February 21, 2019).

  • As the Independent Market Monitor (IMM) for MISO, we evaluate the competitive performance and operation of MISO’s electricity markets.

  • All specified Resource limits, ramp rates and other physical operating parameters are subject to investigation by the Independent Market Monitor pursuant to provisions set forth in Module D.

  • If an owner rescinds an Attachment Y-2 study request, then such owner shall not receive the results of the study and the owner shall pay the Transmission Provider all of the costs incurred in conducting the study up until the date of such rescission.Once a response is provided by the Transmission Provider to the owner, the Transmission Provider shall promptly notify the Independent Market Monitor of any Resource that may qualify as an SSR Unit.

  • After the conclusion of the auction and provision of the auction results to the Commission by the Independent Market Monitor, the Commission will approve or reject the auction results.

  • A prospective bidder is obligated to inform the Independent Market Monitor of any change in its status related to the information the prospective bidder previously provided in its Part 1 Application or its Part 2 Application.

  • The Independent Market Monitor retains the option of pausing a round, delaying the start or end of a round, or otherwise adjusting the round times.

  • In cases where there is an apparent relationship among applicants, the Independent Market Monitor will initiate a request for additional information regarding the relationship among the potentially associated parties, the structure of their organization, and the independence of the respective bidding teams.

  • To decide on this course of action, the Independent Market Monitor may make additional inquiries and information requests to understand the reason for the inability of the bidder to make the certification.

  • The Independent Market Monitor will take no action related to potential associations until each party submits their completed Part 1 Application.

Related to Independent Market Monitor

  • Market Monitor means the head of the Market Monitoring Unit.

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Independent Manager Fee is defined in Section 4.01(a) of the LLC Agreement.

  • Market Monitoring Unit means the consulting or other professional services firm, or other similar entity, retained by the Board, as specified in Section 30.4.2 of Attachment O, that is responsible for carrying out the Core Market Monitoring Functions and the other functions that are assigned to it in Attachment O. The Market Monitoring Unit shall recommend Tariff and market rule changes, but shall not participate in the administration of the ISO’s Tariffs, except as specifically authorized in Attachment O.

  • External Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for consumption by end-users outside the PJM Region, or for load in the PJM Region that is not served by Network Transmission Service.

  • Independent Evaluator A person empowered, pursuant to Section 23.5 (Failure to Reach Agreement) and Section 23.10 (Dispute) of this Agreement, to resolve disputes due to failure of the Parties to agree on a Performance Standards Revision Document.

  • Independent Distributor means a person, business, or firm that is neither authorized nor franchised by an Original Component Manufacturer (“OCM”) to sell or distribute the OCM’s products but which purports to sell, broker, and/or distribute such OCM products. Independent Distributors are also referred to as unfranchised distributors, unauthorized distributors, and/or brokers.

  • Independent Advisor means a reputable accounting, appraisal or nationally recognized investment banking, engineering or consulting firm (a) which does not, and whose directors, officers and employees or Affiliates do not, have a direct or indirect material financial interest in the Company and (b) which, in the judgment of the Board of Directors of the Company, is otherwise disinterested, independent and qualified to perform the task for which it is to be engaged.

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Independent System Operator means a person that may receive or has received, by transfer pursuant

  • Independent representative means a person who:

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • External Manager means either of the following: (1) A person who is seeking to be, or is, retained by a board or an investment vehicle to manage a portfolio of securities or other assets for compensation, or (2) A person who manages an investment fund and who offers or sells, or has offered or sold, an ownership interest in the investment fund to a board or an investment vehicle.

  • Independent Person means a person appointed under section 28(7) of the 2011 Act;

  • Independent living services means services and activities provided to a child in foster care 14 years

  • Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Issuer at its own expense.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Independent Valuation Provider means any of Xxxxxxx & Marsal, Xxxxxxxx Xxxxx Xxxxxx & Xxxxx Capital, Inc., Duff & Xxxxxx LLC, Xxxxxx, Xxxxxx and Company, Lincoln Partners Advisors, LLC, Xxxxx Xxxxxx Xxxx, LLC and Valuation Research Corporation and Xxxxx, or any other Independent nationally recognized third-party appraisal firm selected by the Administrative Agent, and reasonably acceptable to the Borrower.

  • Independent Custodian means Deutsche Bank AG, London Branch.

  • Independent Software Vendor or “ISV” means a Person that makes available to Participants and Authorized Traders a system or platform offering smart order routing, front-end trading applications, an aggregation platform or a combination of the foregoing but that does not provide Participants or Authorized Traders with the ability to effect transactions other than through the Trading System.

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant of nationally recognized standing that is, in the good faith judgment of the Borrower, qualified to perform the task for which it has been engaged and that is independent of the Borrower and its Affiliates.

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

  • Independent foster home means a private family home in which any child, other than a child by