Lesser Rule definition

Lesser Rule means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities.
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Lesser Rule. Means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities.
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Lesser Rule means that, in case of different Processed Quantities at either side of the Entry Point, the Confirmed Quantity will be equal to the lower of the two Processed Quantities.
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More Definitions of Lesser Rule

Lesser Rule means that in case of different processed quantities at either side of the interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities. Limitation range (LR) shall mean the allowed range of values of the Total Balance Position (TBP). Matching process shall mean the process of comparing and aligning processed quantities of network users at both sides of the IP, which will result in confirmed quantities for the network users. Nominations given by the Network Users are expressed in kWh/day during the matching process.
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Lesser Rule. Means that, in case of different processed quantities at either side of an interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities. Matching process: The process of comparing and aligning processed quantities of gas for network users at both sides of a specific interconnection point, which results in confirmed quantities for the network users. Matching TSO: Means the transmission system operator performing the matching process and sending the result of the matching process to the initiating transmission system operator.
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Lesser Rule. : the ‘lesser rule’ principle means that in case of different Processed Quantities at both sides of the IP for a Network User and its counterparty, the Confirmed Quantity will be the lower of the two Processed Quantities.
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Lesser Rule means that in case of different processed quantities at either side of the interconnection point, the confirmed quantity will be equal to the lower of the two processed quantities. Matching process shall mean the process of comparing and Aligning processed quantities of network users at both sides of the interconnection points, which will result in confirmed quantities for the network users. Nominations given by the Network Users are expressed in kWh/d during the matching process.
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Related to Lesser Rule

  • ▇▇▇▇▇▇▇ Rule means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder.

  • Volcker Rule means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder.

  • Regulation RR means Regulation RR (Credit Risk Retention) promulgated by the Securities and Exchange Commission to implement the credit risk retention requirements of Section 15G of the Securities Exchange Act.

  • Safe Harbor Amount means 2.99 times the Executive’s “base amount,” within the meaning of Section 280G(b)(3) of the Code.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.