Market Operator Licence definition

Market Operator Licence means the licence granted to the Market Operator Licensee pursuant to Section 14(1)(i) of the Act;
Market Operator Licence means the licence granted to SONI under Article 10(1)(d) of the Electricity (Northern Ireland) Order 1992 and/or the licence granted to EirGrid under Section 14(1)(j) of the Electricity Regulation Xxx 0000 as applicable and “Market Operator Licences” shall be construed accordingly;
Market Operator Licence means a licence to act as the Single Electricity Market operator under the Electricity Regulation Xxx 0000 in Ireland or as the SEM operator under the Electricity (Northern Ireland) Order 1992 in Northern Ireland.

Examples of Market Operator Licence in a sentence

  • The Market Operator is required under the Market Operator Licence to [establish and maintain in force] the Code.

  • To facilitate this recovery of costs the Market Operator Licence (Annex 1) requires SEMO to submit proposals on its allowed revenue and the charges required to recover this revenue to the Regulatory Authorities.

  • Condition 9(3) of EirGrid’s Market Operator Licence (the Licence) requires the licensee to report to the Commission annually specifying the measures taken and the level of compliance to ensure that discriminatory conduct by it or its employees is prevented.

  • In addition, with respect to the independence of the independent representative, the SBS Entity would need to undertake some additional inquiry, such as review of the SBS Entity’s own books and records.

  • In procuring assets and services for the SMO Business and agreeing processes for this purpose the Parties shall follow a procurement strategy which is designed to facilitate to the extent within their control in undertaking the SMO Business facilitates achievement of the objectives set out in Condition 5(4) of EirGrid’s Market Operator Licence and Condition 19(4) of XXXX’s Market Operator Licence.

  • Q1 Respondents are asked to comment on the overall approach taken to modifying Annex 1 of the SONI Market Operator Licence to ensure it is fit for purpose.

  • In carrying on the SMO Business each of the Parties shall act in accordance with its Market Operator Licence, the Code and any applicable Legal Requirements and shall exercise the degree of care, skill, diligence and judgement which would reasonably be expected of a Prudent Industry Operator.

  • All amplified music and vocals to be controlled to the satisfaction of the Director of Place.3. The licence shall not come into effect until a final safety inspection has taken place to the satisfaction of the Director of Place and satisfactory Event Management Plan, Wind Management Plan and - Risk Assessment have been provided by the applicant.Item 6.1.14 –Application for Variation of Market Operator Licence - 125 Pitt Street - Pitt Events Ltd31 December 201622.00 hrs to 01.00 am1.

  • Operating experience led to the conclusion that the concerns which motivated the CFD modelling were not of crucial importance, and that the CFD work had not made a significant contribution to the investigation.

  • The Market Operator is required under the Market Operator Licence to enter into and at all times administer and maintain in force the Code (as defined below).

Related to Market Operator Licence

  • 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;

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Generation Licence means an electricity generation licence granted or treated as granted pursuant to section 6(1)(a) of the EA 1989 that authorises a person to generate electricity;

  • Nationwide Mortgage Licensing System and Registry means a mortgage licensing system developed and maintained by the conference of state bank supervisors and the American association of residential mortgage regulators for the licensing and registration of licensed mortgage loan originators.

  • licence means a licence granted under this Act;

  • Terminal operator means a person who owns, operates, or otherwise controls a terminal.

  • Network Operator means a person licensed to convey gas under Article