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

  • Nothing in this Market Arrangements Code shall affect, prejudice or vary the Authority’s right to revise the Wholesale-Retail Code and issue a revised Wholesale-Retail Code pursuant to Sections 66DA, s66DC or 117F or 117G of the Water Industry Act 1991.

  • The Market Operator shall appoint a secretary to the Panel and any Panel committees and provide support services to the Contracting Wholesaler and the Contracting Retailer, the Panel and Panel committees in accordance with the Market Arrangements Code.

  • The Compensation Committee (the “Committee”) of the Board of Directors of Vital Human Capital, Inc., a Delaware corporation (the “Company”), shall have responsibility for the compensation of the Company’s executive officers, including the Company’s Chief Executive Officer (the “CEO”), and for incentive compensation, equity-based and pension plans as further provided in this Charter.

  • Efficiency 1.1.1 To ensure the efficient discharge by each Retailer of its Licence obligations and by each Wholesaler of its obligations under its Appointment and their respective statutory duties to the extent impacted by the Market Arrangements Code; 1.1.2 To promote the efficient, economic and coordinated operation of the water and wastewater sector to the extent impacted by the Market Arrangements Code; and 1.1.3 To promote the efficient delivery of the role of the Market Operator.

  • Seamless markets 1.1.9 The Market Arrangements Code should be developed in a manner that delivers a seamless customer experience in the Areas of Wholesalers and in Scotland.

  • Customer participation 1.1.8 The Market Arrangements Code and arrangements established by or under the Wholesale Contract should promote customer participation.

  • No Party has relied on any representation, arrangement, understanding or agreement (whether written or oral) not expressly set out or referred to in this Market Arrangements Code, the Framework Agreement and each Accession Agreement.

  • Code being or becoming void, illegal or unenforceable in any respect under the Law of any jurisdiction in which this Market Arrangements Code is effective, the validity, legality and enforceability in that jurisdiction of the remainder of that provision (where appropriate) and of all other provisions of this Market Arrangements Code shall not be in any way affected or impaired thereby.

  • All disputes and differences arising out of, or in connection with the wholesale services provided to retailers shall be dealt with and resolved in accordance with Section 17, 18 and 19 of the Business Terms and Schedule 9 of the Market Arrangements Code.

  • Nothing in this Market Arrangements Code shall affect, prejudice or vary the Authority’s right to revise the Wholesale-Retail Code and issue a revisedWholesale-Retail Code pursuant to Sections 66DA, s66DC or 117F or 117G of the Water Industry Act 1991.

Related to Market Arrangements Code

  • 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.

  • General Arrangement Drawings shall have the meaning set forth in Clause 3.1 (iii) (b);

  • MARPOL 73/78 means the International Convention for the Prevention of Pollution from Ships (1973) as modified by the Protocol of 1978 relating thereto;

  • 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;