ISTS Licensee definition

ISTS Licensee shall be the TSP under this Agreement, consequent to having been awarded a Transmission License by the CERC and shall be referred to as the TSP or the ISTS Licensee, as the context may require in this Agreement;
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ISTS Licensee which expression shall unless repugnant to the context or meaning thereof include its successors, and permitted assigns) as Party of the other part;
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ISTS Licensee means Power Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Act, 2003.
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Examples of ISTS Licensee in a sentence

  • After attending the fault, when SLDC/POWERGRID/Other ISTS Licensee is conveying its readiness, real time code may be issued to take the line into service without delay.

  • The ISTS Licensee shall abide by the Safety Rules and Procedures as mentioned in Schedule 5 of this Agreement The ISTS Licensee shall retain at the Site and make available for inspection to the CEA at all reasonable times copies of the Consents, Clearances and Permits, construction drawings and other documents related to construction.

  • The ISTS Licensee shall ensure that design, construction and testing of all equipment, facilities, components and systems of the ISTS Scheme shall be in accordance with Indian Standards and Codes issued by Bureau of Indian Standards and only in case they are not applicable under certain conditions, the other equivalent internationally recognized Standards and Codes shall be followed.

  • NRLDC has requested the Commission to direct the Petitioner to the signing of a Connectivity Agreement as ISTS Licensee with CTUIL in terms of extant Regulations.

  • Further, where Terminal Bay at ISTS end is being implemented by ISTS Licensee at a date (SCOD) earlier than start date of Connectivity under GNA at the request of applicant, the liability for payment of applicable transmission charges for terminal bay at ISTS for such mismatch period (from commissioning of bay on or after its SCOD upto COD of the Generation project) shall also be incident on the applicant.

  • As per the above, any element that has been identified by CEA and CTUIL, in consultation with stakeholders and is declared for commercial operation by the concerned ISTS Licensee will be intimated to the DICs by the ISTS Licensee as and when these are declared under commercial operation and such addition shall form a part of Schedule – II of the TSA and shall be governed by the terms and conditions as contained herein.

  • The CTU shall then compare the amount payable with the amount paid to the each ISTS Licensee for each month during the preceding Financial Year.On or before 15th June of each Financial Year, the CTU shall prepare a statement of reconciliation with regards to each ISTS Licensee.

  • The CTU shall then compare the RSA Amount Payable with the amount paid to the each ISTS Licensee for each month during the preceding Financial Year (“RSA Amount Paid”).

  • The ISTS Licensee shall take all necessary actions for remedying the shortfall in achievement of timely progress in execution of the ISTS Scheme, if any, as intimated by the Independent Engineer/CEA.

  • For the Demand Customers, it shall be in proportion of its average Approved Withdrawal over the previous six monthsIn case, for any ISTS Licensee, the third invoice to be raised becomes negative, the amount along with the interest thereon shall be adjusted in the Yearly Transmission Charge (to be used for the computation of Point of Connection charges) of the respective ISTS Licensee for the next Application Period.


More Definitions of ISTS Licensee

ISTS Licensee means Power Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Xxx, 0000.
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ISTS Licensee shall be the entity who have been awarded a Transmission License by the CERC;
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ISTS Licensee means the company to whom the Transmission License has been granted by CERC;
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ISTS Licensee meansPower Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Act, 2003.
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ISTS Licensee shall have the meaning, as defined in the Transmission Service Agreement;
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Related to ISTS Licensee

  • Licensee has the meaning set forth in the preamble.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Software License Agreement means the Motorola Software License Agreement (Exhibit A).

  • Licensor means the copyright owner or entity authorized by the copyright owner that is granting the License.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • the Licensee means the person(s) named in the licence.

  • Software License means a license for the Software granted under this XXXX to the Licensee;

  • Licensed Patents means (a) all United States patents and patent applications listed in Exhibit A, as modified pursuant to Section 2.6.1, including patents arising from such patent applications; and (b) any re-examination certificates thereof, and their foreign counterparts and extensions, continuations, divisionals, and re-issue applications; provided that “Licensed Patents” will not include any claim of a patent or patent application covering any Manufacturing Technology.

  • Licensed User means an employee, contractor or agent of Client who is authorized by Client to access and use the Licensed Software, to whom a password and user ID has been issued by Client and whose access to the Licensed Software has not been terminated, suspended or surrendered.

  • Software licensing agreement means any agreement, regardless of how designated, that defines the intellectual property rights for, or the rights to use, any software product. A software licensing agreement must address only terms directly associated with licensing the right to use the software and must not address any of the work governed by the contract or any services (other than warranty services regarding the software code or associated documentation).

  • Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.

  • Patent License Agreement means the Patent License Agreement substantially in the form of Exhibit C.

  • Licensor Technology means the Licensor Patents, the Licensor Know-How, Licensor Materials, and Non-Patent Rights Controlled by Licensor or its Affiliates embodied in Licensor Know-How or Licensor Materials.

  • Manufactured end product means any end product in product and service codes (PSCs) 1000-9999, except—

  • Licensed Patent Rights means: (a) Patent applications (including provisional patent applications and PCT patent applications) or patents listed in Appendix A, all divisions and continuations of these applications, all patents issuing from these applications, divisions, and continuations, and any reissues, reexaminations, and extensions of these patents; (b) to the extent that the following contain one or more claims directed to the invention or inventions disclosed in 2.9(a): (i) continuations-in-part of 2.9(a); (ii) all divisions and continuations of these continuations-in-part; (iii) all patents issuing from these continuations-in-part, divisions, and continuations; (iv) priority patent application(s) of 2.9(a); and (v) any reissues, reexaminations, and extensions of these patents; (c) to the extent that the following contain one or more claims directed to the invention or inventions disclosed in 2.9(a): all counterpart foreign and U.S. patent applications and patents to 2.9(a) and 2.9(b), including those listed in Appendix A; and (d) Licensed Patent Rights shall not include 2.9(b) or 2.9(c) to the extent that they contain one or more claims directed to new matter which is not the subject matter disclosed in 2.9(a).

  • End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence: