Market Operation Activity definition

Market Operation Activity means the business of the Market Operator Licensee as provided for in the licence granted to the Market Operator Licensee pursuant to Section 14(1)(j) of the Act;

Market Operation Activity means the business of the Licensee (or any affiliate or related undertaking of the Licensee) in undertaking the obligations imposed on the Licensee under, or as a consequence of, the Licence, and in exercising the rights conferred on the Licensee by virtue of the Licence (including any obligations imposed, or rights conferred, on the Licensee, in its capacity as the holder of a licence granted under Article 10(1)(d) of the Order, by the Single Electricity Market Trading and Settlement Code and any enactment), including the activity provided for in Condition 15B, but excluding the NEMO Activity..

Market Operation Activity means the business of the Licensee as provided for in this Licence;

Examples of Market Operation Activity in a sentence

• The Licensee shall procure that the Market Operation Activity shall not give any subsidy or cross-subsidy (direct or indirect) to any Separate Business of the Licensee and/or any affiliate or related undertaking of the Licensee.

• Most of these facilities from high cost schools 12(100.0%) were in excellent condition while majority from middle cost schools were in average condition 15(83.3%).

• The Licensee shall take all reasonable measures to prevent (so far as the Licensee can so require) any person who is or ceases to be employed by the Licensee, whether that person is or was employed part time or full time in the Market Operation Activity, from disclosing confidential information.

• If an employer qualifies for the Jobkeeper scheme and is entitled to JobKeeper payments for a particular employee, Divisions 4 and 5 of Part 6-4C also enable that employer and employee, despite any limitations in a designated employment provision, to agree to the employee: • working different days or at different times compared with the employee’s ordinary days or times of work (section 789GG), or • taking paid annual leave, including at half pay (section 789GJ).

• In respect of the Market Operation Activity and the NEMO Activity, the Licensee shall not discriminate unduly between persons or classes of persons, or between system users or classes of system users, particularly in favour of its subsidiaries, associated or affiliated undertakings, joint ventures or shareholders.

• The Licensee shall take all reasonable measures to prevent (so far as the Licensee can so require) any person who is or ceases to be employed by the Licensee, whether that person is or was employed part time or full time in the Market Operation Activity and / or in the NEMO Activity, from disclosing confidential information.

• The Licensee shall procure that the Market Operation Activity gives no cross-subsidy to, and receives no cross-subsidy from, any other business of the Licensee or of any affiliate or related undertaking of the Licensee.

• The Guarantee and Collateral Agreement, all other Collateral Documents, and all instruments, documents, certificates and agreements executed or delivered pursuant thereto (including, if applicable, Intellectual Property security agreements and pledged Collateral, with undated irrevocable transfer powers executed in blank).

• In respect of the Market Operation Activity, the Licensee shall not unduly discriminate as between any persons or class or classes of persons (including itself in undertaking any activity other than the Market Operation Activity).Condition 14.

• Without prejudice to paragraph 1, the Licensee shall, in its internal accounting, keep or cause to be kept accounts for the Market Operation Activity and separately accounts for the NEMO Activity which when requested from time to time by the Commission, must be delivered to the Commission in the form and at the times specified by the Commission.

More Definitions of Market Operation Activity

Market Operation Activity means the business of the Licensee as provided for in this Licence and in Regulation [●] of the [Single Market Regulations];

Market Operation Activity in respect of a Party, shall have the meaning set out in its Market Operator Licence;

Market Operation Activity means the business of the Licensee as provided for in this Licence, including the activity provided for in Condition 3B, but excluding the NEMO Activity; "Market Operator Agreement" has the meaning given to that expression in Condition 2; "Market System Development Plan" means the plan required to be prepared by the Licensee in accordance with Condition 4 of this Licence;