Market Arrangements Code definition

Market Arrangements Code means the non-statutory code, established by conditions in Water Supply and Sewerage licenses and Instruments of Appointment, which establish how the market will operate, including the panel to help oversee the codes of practice and any changes to these;
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Market Arrangements Code means the document designated by the Authority as the Market Arrangements Code;
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Examples of Market Arrangements Code in a sentence

  • The Parties agree to use reasonable endeavours to mitigate any loss, damage or injury to which they might be subject as a result of a breach of the Market Arrangements Code by a Trading Party.

  • Any liability under the Market Arrangements Code on the part of any Trading Party shall be reduced to the extent that another Party has itself caused or contributed to the same and in the event of liability to any third party, the Trading Party who has caused or contributed to that liability shall indemnify the other Parties in respect of the same.

  • A Trading Party shall only be liable to any other Party in contract, tort (including negligence and breach of statutory duty) or otherwise howsoever arising in connection with this Market Arrangements Code for direct losses.

  • The secretary of the User Forum shall also convene a meeting of the User Forum before the next regular meeting if required in order to consider any Change Proposal or Market Arrangements Code Change Proposal which the User Forum has been consulted on by the Panel.

  • The User Forum shall be entitled to establish sub-groups to consider any matter put before the User Forum and in particular any Change Proposal, Charging Change Proposal or Market Arrangements Code Change Proposal which the User Forum is consulted on by the Panel.

  • The Panel Secretary shall also convene a meeting of the Panel before the next regular meeting if required in order to consider any Change Proposal, Charging Change Proposal or Market Arrangements Code Change Proposal.

  • The Panel Secretary will also send a copy of the Authority Timetabled Market Arrangements Code Change Proposal to the Market Operator, the Authority, each Panel Member, the Affiliated Members and all Trading Parties.

  • Assistance given by the Market Operator shall not be taken to signify any form of approval for the Market Arrangements Code Change Proposal.

  • The Panel Secretary will also send a copy of the Applicable Law Market Arrangements Code Change Proposal to the Market Operator, the Authority, each Panel Member, the Affiliated Members and all Trading Parties.

  • If it (or, in the case of a Market Arrangements Code Change Proposal which the Authority has decided is not an Applicable Law Market Arrangements Code Change Proposal, the Authority’s decision pursuant to (b) below) is received less than fifteen (15) Business Days prior to the next meeting of the Panel, the Panel Secretary, will place it on the agenda of the next succeeding Panel meeting.

Related to Market Arrangements Code

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Requirements contract means a contract:

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Travel Arrangements means: (a) transportation: (b) accommodations: and (c) other specified services arranged by the Travel Supplier for the covered trip.

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • legal arrangement means a trust or other similar arrangement;

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Separation Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;

  • Cash Management System shall have the meaning assigned to such term in Section 9.01.

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Foreign Government Scheme or Arrangement has the meaning specified in Section 5.12(d).

  • admission arrangements means the arrangements for a particular school or schools which govern the procedures and the decision making for the purposes of admitting pupils to the school.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Foreign Benefit Arrangement any employee benefit arrangement mandated by non-US law that is maintained or contributed to by any Group Member or any ERISA Affiliate.

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • EU Bail-In Legislation Schedule means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Parent 401(k) Plan has the meaning set forth in Section 6.6(e).

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.