Market Operator Licence definition

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;
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Market Operator Licence means the licence granted to the Market Operator Licensee pursuant to Section 14(1)(i) of the Act;
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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.
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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.

  • 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.

  • Further, extreme conditions issues such as frost heave and subsequent settlement upon melting may occur if heat exchanger fluid temperatures are reduced below freezing for extended periods of time.

  • Many were no longer receiving any ADES-administered services; some had not received any such services since the time of their food stamp exit, a period of more than two years for those in the earliest exit cohorts.

  • 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 SONI’s Market Operator Licence.

  • Market Operator means the person authorised, from time to time, underthe Northern Ireland Market Operator Licence in itscapacity as the holder of that 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.

  • SEMO states that this is consistent with the framework for the EirGrid and SONI TSOs.In addition, SEMO receives provision for the cost of EirGrid providing SONI with a Parent Company Guarantee as required under the SONI Market Operator Licence.

  • This Trading and Settlement Code will be implemented in Ireland via a Statutory Instrument and a change to the EirGrid Market Operator Licence (condition 3) and in Northern Ireland by virtue of a change to the SONI Market Operator licence (condition 15) in Northern Ireland.

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;

  • Generator Operator means the Person that Operates the Generating Facility and performs the functions of supplying electric energy and interconnected operations services within the meaning of the NERC Reliability Standards.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • operating licence means an authorisation granted by the competent licensing authority to an undertaking, permitting it to provide air services as stated in the operating licence;

  • airport operator A natural or legal person authorized to manage or operate an airport. “Airport Tax” It is the amount charged to a Passenger for the use of the airport facilities that can be collected by THE CARRIER with prior authorization, either on the ticket or at each airport, and must be paid by the Passenger. “Airway Ticket or Ticket” (GENERAL DEFINITION). It is the document issued by THE CARRIER or its Authorized Agent as written proof of the transportation agreement. The term that will be used in this Agreement is ticket.

  • 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.

  • exploration licence means an exploration licence under Part 2 of the Mineral Resources Development Act 1990; S. 3(1) def. of "fish" inserted by No. 40/2002 s. 3(a).

  • Licensed Operator : means any person who holds a licence granted and in force under the Law;

  • multi-system operator or “MSO” means a cable operator who has been granted registration under rule 11 of the Cable Television Networks Rules, 1994 and who receives a programming service from a broadcaster and re-transmits the same or transmits his own programming service for simultaneous reception either by multiple subscribers directly or through one or more local cable operators;

  • 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;

  • Liquor License means any license, permit, registration, qualification or other approval required to sell, dispense or distribute alcoholic beverages under the Liquor Laws.

  • 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.

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.

  • Reasonable and Prudent Operator means a person seeking in good faith to perform its contractual obligations and, in the process of doing so and in the overall conduct of its whole undertaking exercising that degree of diligence, skill, prudence and foresight which can reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances complying with all applicable Laws, and any reference to the standard of a Reasonable and Prudent Operator means such degree of diligence, skill, prudence and foresight as aforesaid.

  • Storage operator means a person holding or applying for a permit.

  • licence means a licence granted under this Act;

  • Registry Operator Approval means the receipt of each of the following: (A) the affirmative approval of the Applicable Registry Operators whose payments to ICANN accounted for two-­‐thirds of the total amount of fees (converted to U.S. dollars, if applicable, at the prevailing exchange rate published the prior day in the U.S. Edition of the Wall Street Journal for the date such calculation is made by ICANN) paid to ICANN by all the Applicable Registry Operators during the immediately previous calendar year pursuant to the Applicable Registry Agreements, and (B) the affirmative approval of a majority of the Applicable Registry Operators at the time such approval is obtained. For the avoidance of doubt, with respect to clause (B), each Applicable Registry Operator shall have one vote for each top-­‐level domain operated by such Registry Operator pursuant to an Applicable Registry Agreement.

  • Distillery manufacturing license means a license issued in accordance with

  • Operators means the Access Provider and the Access Seeker collectively.

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

  • Network Operator means the network operator who operates the wireless network of networks to which the SIM Cards are connected.

  • Multimodal transport operator means the person on whose behalf the bill of lading/multimodal transport document, or any other document evidencing a contract of multimodal carriage of goods, is issued and who is responsible for the carriage of goods pursuant to the contract of carriage.

  • Independent System Operator means a person that may receive or has received, by transfer pursuant

  • aircraft operator means a person that operated at least 729 commercial air transport flights departing from Union airports in the reporting period or, where that person may not be identified, the owner of the aircraft;

  • Supplier of water means any person who owns or operates a public water system.

  • Joint Operating Agreement (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,