Examples of Load Assets in a sentence
National Grid will implement the transfer of these responsibilities to the Supplier(s) by updating the asset registration for each of the above Load Assets.
The Buyer will normally notify the ISO of any resulting adjustment (debit or credit) to Seller’s account for the Load Assets (set forth in a specific Confirmation) no later than the last day of the third month following the billing month.
This quantity shall be the sum of the quantity of energy reported to the ISO by the Buyer for each of the Load Assets identified in a specific Transaction, with such quantity determined by the Buyer in accordance with Section 6.3 of this Master Power Agreement.
Liberty Utilities will implement the transfer of these responsibilities to the Supplier by updating the asset registration for each of the above Load Assets.
Once Seller’s provision of Default Service terminates (at the end of a Delivery Term or otherwise), the Buyer and Seller will terminate Seller’s Ownership Shares of the aforementioned Load Assets.
If the Agreement and any Transactions have not been terminated, the Buyer, in its sole discretion with five (5) Business Days prior notice to Seller, may elect to assign the Ownership Share of the Load Asset(s) set forth in the associated Confirmation(s) to the account of Seller and Seller shall accept such assignment, consistent with the actions required by Section 6.4 of this Master Power Agreement.
This quantity shall be the sum of energy reported to the ISO by the Buyer for each of the Load Assets identified in Section 6.4, with such quantity determined by the Buyer in accordance with Section 6.3 of this Agreement.
Once Seller’s provision of Last Resort Service terminates (effective as of the minute after the Conclusion Date or, if earlier, the termination date established in accordance with 7.2(a)), the Buyer will terminate Seller’s Ownership Shares of the aforementioned Load Assets The Buyer shall have the right to change the Load Asset designations from time to time, consistent with the definition and provision of Last Resort Service.
Liberty will implement the transfer of these responsibilities to the Supplier by updating the asset registration for each of the above Load Assets.
This is a Yes or No answer indicating whether or not the Asset Owner is a Load Serving Entity and will be registering Load Assets to be supplied in the Energy and Operating Reserves Market.