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 means Power Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Act, 2003.
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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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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.

  • After completion of all Elements of the ISTS Scheme, the ISTS Licensee shall clear away and remove all wreckage, rubbish and debris of any kind from the Site, and shall leave the Site clean and safe.

  • 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.

  • Each ISTS Licensee shall notify within fifteen (15) days of the Effective Date of this Agreement to the CTU of the details of its bank account to which the disbursement proceeds shall be credited..

  • 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 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 ISTS Licensee shall provide skilled personnel who are experienced in their respective fields.

  • In 2013, the North Carolina General Assembly amendedN.C.G.S. § 7A-228(b) to provide that for summary ejectment actions filed on or after September 1, 2013, an appeal to district court is to be dismissed if the appellant fails to pay the costs of court to appeal within ten days after entry of the magistrate’s judgment, decreasing the period to pay from twenty days to ten.

  • In four ministries (communications and transport, community development, women and children, energy and transport, and science, technology and higher education) real expenditure in 1995/96 was half or less than in 1990/91.

  • 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.


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 meansPower Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Act, 2003.
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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 shall have the meaning, as defined in the Transmission Service Agreement;
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Related to ISTS Licensee

  • Licensee means a person licensed under this chapter.

  • 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.

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

  • 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.

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.