Long Term Units definition

Long Term Units means a Unit with a Product Period longer than one Contract Day, as specified in the relevant Auction Specification;
Long Term Units means a Unit with a Product Period longer than one Contract
Long Term Units means a Unit with a Product Period longer than one (1) Contract Day, as specified in the relevant Auction Specification;

Examples of Long Term Units in a sentence

  • The current basic interest rate is 0.5% and the current bonus interest rate is 1.0% for Long Term Units and 0.75% for Short Term Units.

  • The current bonus interest rate is 1.25% for Long Term Units and 1.0% for Short Term Units.

  • D2.1.2 Subject to Rule D2.8, the Operators will use the following procedures for Auctions: (a) Auctions for Long Term Units, using the procedure described in Rule D3; (b) Auctions for Daily Units (but only as a fall back when the Implicit Daily Auction is unavailable), using the procedure described in Rule D4; and (c) Auctions for Intraday Units, using the procedure described in Rule D5.

  • The Transmission System Operator shall allocate transfer usage in the full amount of each Nominated Trade Notification for a transfer using Long Term Units provided that in doing so the Net Transfer Capacity in the Dominant Direction is not exceeded.

  • By providing services pursuant to this Agreement, the CxA in no way assumes or abrogates the responsibilities or obligations of any contractors, or other parties providing services to perform such services for the School District in accordance with their respective contract documents, nor shall CxA be responsible for the acts or omissions of such other parties.

  • A Non-Participating User shall not be entitled to participate in Auctions or to exercise any other rights under these Rules.A2.4 Upon the exercise of all rights and the discharge in full of all obligations of a Non- Participating User in respect of its Long Term Units described in Rule A2.3, its Legacy BritNed Participant Agreement shall be of no further force or effect.A2.5 Not used.


More Definitions of Long Term Units

Long Term Units means a Unit with a Product Period longer than one Contract Day, as specified in the relevant Auction Specification; “Long Weekend” means a product with a delivery period of three calendar days either starting on a Saturday and ending on a Monday, or starting on a Friday and ending on a Sunday; “Loss Factor” means the 3% commercial loss factor applied to every Nomination due to physical losses on the Interconnector; “Marginal Price” means the price determined at a particular Auction to be paid by all the Participants for each Unit and MTU of acquired Transmission Rights; “Mid North Sea” means the primary reference point used for Auction and Nomination activities and is half way between the GB Reference Point and NL Reference Point; “Mid North Sea Nomination” OR “MNN” means a request by a Participant in the Allocation and Nomination Platform for an Energy Transmission at Mid North Sea; “Mid North Sea Netted Nomination” OR “MNNN” means, in relation to a particular hour on a particular Contract Day, the Mid North Sea Nomination which results from the Netting of a Participant’s total Mid North Sea Nominations across all Timescales for that hour in one direction and its total Mid North Sea Nominations across all Timescales for that hour in the other direction; “Monthly” means a product with a delivery period of one calendar month starting on the 1st day of the calendar month and ending on the last day of the same calendar month; “Multi-day” means a product with a delivery period of X consecutive full calendar days with the delivery period starting on Y and ending on Z; “MTU” means the Market Time Unit that is set on the Allocation and Nomination Platform; “Netting” means the superposition of MNNs in two opposite directions (the Netherlands-GB and GB-the Netherlands), in order to release some capacity in the more congested direction for the next allocation step, and “Netted” shall have corresponding meaning; “NGESO” means National Grid Electricity System Operator plc, a company incorporated in England and Wales; “NGET Transmission Licence” means the licence granted by the Secretary of State to NGET under Section 6(1)(b) of the Governing Act permitting, inter alia, the transmission of electricity in England and Wales, as amended from time to time; “NGET Transmission means the system comprising electric lines owned or operated by NGET for the transmission of electricity as defined in the

Related to Long Term Units

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Long-term care means those activities taken by a host state after a compact facility is permanently closed to ensure the protection of air, land, and water resources and the health and safety of all people who may be affected by the compact facility.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Long-term lease means a lease term of at least 27.5 years for a residential resource or at least 31.5 years for a nonresidential resource.

  • Long-term contract means a contract with a duration period exceeding one year;

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • Long-term suspension means the removal of a student from the school premises and regular classroom activities for more than ten (10) consecutive school days, or for more than ten (10) school days cumulatively for multiple disciplinary offenses in any school year. A Principal/Designee may, in his or her discretion, allow a student to serve a long-term suspension in school. Removal solely from participation in extracurricular activities or school-sponsored events, or both, shall not count as removal in calculating school days. Except for students who are charged with a disciplinary offense set forth in subsections (a) or (b) of G.L. c. 71, §37 H, or in section 37H ½ of G.L. c. 71, no student may be placed on long-term suspension for one or more disciplinary offenses for more than ninety (90) school days in a school year beginning with the first day that the student is removed from school. No long-term suspension shall extend beyond the end of the school year in which such suspension is imposed.

  • Long-Term Debt means debt repayable over a period exceeding one year;

  • Long Term Occasional Teacher means an Occasional Teacher who is employed for more than ten (10) consecutive instructional days as a replacement for one teacher.

  • Long-Term Rating has the meaning specified in the Intercreditor Agreement.

  • Incentive Distribution Rights has the meaning assigned to such term in the Partnership Agreement.

  • Incentive Distribution Right means a Limited Partner Interest having the rights and obligations specified with respect to Incentive Distribution Rights in this Agreement (and no other rights otherwise available to or other obligations of a holder of a Partnership Interest).

  • Long-term means that the effect of the impairment has lasted or is likely to last for at least twelve months (there are special rules covering recurring or fluctuating conditions)

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment; provided that if Adjusted Term SOFR as so determined shall ever be less than the Floor, then Adjusted Term SOFR shall be deemed to be the Floor.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Long-term inpatient care means inpatient services for

  • Long-term care services means services provided through the department of social and health services either in a hospital or skilled nursing facility, or in another setting under a home and community-based waiver authorized under 42 U.S.C. Sec. 1396n.

  • Long Term Supply Assignment means, in relation to an employee,

  • Qualified long-term care services means services that meet the requirements of Section 7702(c)(1) of the Internal Revenue Code of 1986, as amended, as follows: necessary diagnostic, preventive, therapeutic, curative, treatment, mitigation and rehabilitative services, and maintenance or personal care services which are required by a chronically ill individual, and are provided pursuant to a plan of care prescribed by a licensed health care practitioner.

  • long term specified asset means any bond, redeemable after three years and issued on or after the 1st day of April 2006:

  • Business Unit means the assets constituting the business or a division or operating unit thereof of any Person.

  • Long Term Dividend Period means a Special Dividend Period consisting of a specified period of one whole year or more but not greater than five years.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to: