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;
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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..
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Market Operation Activity means the business of the Licensee as provided for in this Licence;
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Examples of Market Operation Activity in a sentence

  • These modifications provided for the provision of accounts with respect to the NEMO Activity separately from those of the Market Operation Activity and to include prohibition of subsidies or cross-subsidies between the Market Operation Activity and NEMO Activity.Based on the evidence reviewed and the modification applied to the respective licences as part of the implementation of the new market, the UR is satisfied that SEMOpx is compliant with the requirement under Article 6.1(d).

  • These modifications provided for the provision of accounts with respect to the NEMO Activity separately from those of the Market Operation Activity and to include prohibition of subsidies or cross subsidies between the Market OperationActivity and NEMO Activity.

  • These modifications provided for the provision of accounts with respect to the NEMO Activity separately from those of the Market Operation Activity and to include prohibition of subsidies or cross subsidies between the Market Operation Activity and NEMO Activity.

  • The following compliance plan is submitted pursuant to Condition 10 of SONI’s licence to act as SEM Operator (the “Licence”) and which requires SONI to establish, and at all times maintain, the full managerial and operational independence of the Market Operation Activity from any Associated Business.


More Definitions of Market Operation Activity

Market Operation Activity in respect of a Party, shall have the meaning set out in its Market Operator Licence;
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Market Operation Activity means the business of the Licensee as provided for in this Licence and in Regulation [●] of the [Single Market Regulations];
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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;
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Market Operation Activity means the business of the Licensee (or any affiliate
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Market Operation Activity means the business of the Licensee (or any affiliate
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Related to Market Operation Activity

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • Business operations means engaging in commerce in any form, including by acquiring, developing, maintaining, owning, selling, possessing, leasing, or operating equipment, facilities, personnel, products, services, personal property, real property, or any other apparatus of business or commerce.

  • Active business operations means all business operations that are not inactive business operations.

  • Mining operation means any operations undertaken for the purpose of winning any mineral as defined in section 3 (d) of Mines and Minerals (Development and Regulation) Act, 1957.

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.