Market Procedures definition

Market Procedures a set of norms of conveyance and functioning for the implementation of Market Rules (as defined below), ratified by ANEEL, its further alterations or any other text that may come to replace it;
Market Procedures means the document of that name detailing how the Trial and market tenders will run as published from time to time by UKPN and the System Operator;
Market Procedures means detailed procedures established by the Market Operator from time to time for the day-to-day operation of the Market Rules.

Examples of Market Procedures in a sentence

  • This document is provided to assist users of the Retail Electricity Market Procedures in understanding the overall framework within which they operate and also contains a dictionary of terms used in the Retail Electricity Market Procedures.This document forms part of each of the Retail Electricity Market Procedures and will be amended when another Retail Electricity Market Procedure requires amendment.

  • In addition to the Retail Electricity Market Procedures, AEMO has published a number of documents that explain, or provide additional information to enable Participants to fulfil their obligations under the NER and procedures under the NER.

  • The Retail Electricity Market Procedures often use common terminology.

  • At all times, the times and time limits mentioned in these Market Rules refer to Western Standard Time.1.5. Subservient Documents 1.5.1. The following documents are subservient to the Market Rules:(a) Market Procedures; and(b) any other document or instrument issued, made or given by the Rule Change Panel, AEMO or the Economic Regulation Authority under the Market Rules.

  • In this document, ‘Retail Electricity Market Procedures’ refers to a number of procedures thatgovern the operation of the retail market.Figure 2 depicts how the Retail Electricity Market Procedures fit together.

  • Although the Role of RP, or ‘responsible person’, has been replaced with the Metering Coordinator, the code used in MSATS will remain as ‘RP’.The term ‘MC’ is used in the Retail Electricity Market Procedures to identify the Metering Coordinator; where reference is made to the code used in MSATS, ‘RP’ will be used, instead.

  • The acronym ‘LNSP’ is used as defined in section 4 and as a code in MSATS to refer to the defined term.In most cases where the MSATS code ‘LNSP’ is used it means the LNSP as defined in section 4, however, where it is used in the context of an embedded network, the same code will be used to refer to relevant ENM.The term ‘ENM’ is used in the Retail Electricity Market Procedures to identify the Embedded Network Manager.

  • The Delivery Points on the Network are distribution supply points for the purposes of the Victorian Retail Market Procedures.

  • Where the level of UAFG is less than, or greater than, the benchmark set under the Victorian Gas Distribution System Code, AGN and Network Users make payments to one another of reconciliation amounts, as directed by Australian Energy Market Operator (AEMO), pursuant to the Retail Market Procedures.

  • Chapter 4 of the Victorian Retail Market Procedures provides for the transfer of Delivery Points.


More Definitions of Market Procedures

Market Procedures. The process detailing how the Power Potential trial and market auctions will run
Market Procedures means the details of data exchange, methodologies and procedures for market administration, to implement the Market Rules;
Market Procedures means the processes, methodologies and procedures

Related to Market Procedures

  • AML/KYC Procedures means the customer due diligence procedures of a Reporting Finnish Financial Institution pursuant to the anti-money laundering or similar requirements of Finland to which such Reporting Finnish Financial Institution is subject.

  • Settlement Procedures means the Settlement Procedures attached hereto as Exhibit A.

  • Ordering Procedures means the ordering and award procedures specified in Clause 6 (Ordering Procedures) and Framework Schedule 5 (Ordering Procedure);

  • Sale Procedures Unless otherwise specified in the Supplement, shall mean that, with respect to any sale of one or more Underlying Securities or Related Assets, the Market Agent, on behalf of the Trust, shall sell such Underlying Securities or Related Assets to the highest bidders among not less than two solicited bidders for such Underlying Securities or Related Assets (one of which bidders may include Merrill Lynch & Co. or any Affiliate thereof; provided, however, that xxxxxxr Xxxxill Lynch & Co. nor any of its Affiliates will be under any obligxxxxx xo xxx, and which bidders need not be limited to recognized broker dealers). In the sole judgment of the Market Agent, bids may be evaluated on the basis of bids for a single Underlying Security or Related Asset, a portion of the Underlying Securities or Related Assets, or all of the Underlying Securities or Related Assets being sold or any other basis selected in good faith by the Market Agent.

  • Remarketing Procedures means the procedures for conducting Remarketings set forth in Part II of these Articles Supplementary.

  • customs procedures means the treatment applied by the customs administration of each Party to goods which are subject to customs control.

  • Associated Procedures means those procedures and/or statements that have been adopted by the Underwriter, the Adviser, a Fund or the Compliance Department, and which are designed to supplement this Code and its provisions.

  • Auction Procedures means the auction procedures constituting Part II of the form of Statement as of the filing thereof.

  • Internal Procedures means in respect of the making of any one or more entries to, changes in or deletions of any one or more entries in the register at any time (including without limitation, original issuance or registration of transfer of ownership) the minimum number of the Warrant Agent’s internal procedures customary at such time for the entry, change or deletion made to be complete under the operating procedures followed at the time by the Warrant Agent, it being understood that neither preparation and issuance shall constitute part of such procedures for any purpose of this definition;

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Bidding Procedures means the procedures governing the Auction and sale of all or substantially all of the Debtors’ assets, as approved by the Bankruptcy Court and as may be amended from time to time in accordance with their terms.

  • Rights Offering Procedures means the procedures governing the Rights Offering, which procedures are attached as an exhibit to the Disclosure Statement, and shall be Acceptable to the Debtors and each of the Required Parties.

  • Procedures shall collectively mean DST’s transfer agency procedures manual, third party check procedures, checkwriting draft procedures, Compliance + and identity theft programs and signature guarantee procedures;

  • Staff Vetting Procedures means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Settlement Procedures Timetable For offers to purchase Certificated Notes accepted by the Company, Settlement Procedures A through F set forth above shall be completed as soon as possible following the trade but not later than the respective times (New York City time) set forth below: Settlement Procedure Time ---------- ----

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Standard Operating Procedures or “SOP” means the procedures as specified in the Annexes or Attachments to the relevant Schedules;

  • Restrictive procedures means the use of physical holding or seclusion of children with disabilities in an emergency. Because the special education director reported the district intends to continue the use of physically holding children with disabilities in an emergency, the district is required to maintain and make publicly accessible a restrictive procedures plan (RPP) for children with disabilities. Minnesota Statute requires that the plan must, at least, list the restrictive procedures the school intends to use; describe how the school will monitor and review the use of restrictive procedures; and include a written description and documentation of the training school personnel completed.

  • Change Control Procedures Has the meaning given in Section 9.6(a) of the Agreement. Change Management or Change Management Process Means the processes relating to planning and performing all changes in DIR Customer's IT environment pertaining to the Services, including changes to individual components and coordination of changes across all components. The Change Management processes will support and include checkpoints to determine any potential or required Change Control Procedures. Chargeback Has the meaning given in Exhibit 4 of the Agreement.

  • Operating Procedures means the standard internal operating procedures and compliance policies established by the Company to implement the Compliance Plan.

  • Direct Ordering Procedure means the ordering procedure set out in paragraph 2 of Schedule 5 (Ordering Procedure) of this Framework Agreement;

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • Market Rules means the rules, regulations, customs and practices from time to time of any exchange, clearing house or other organization or market involved in the conclusion, execution or settlement of a Contract any exercise by any such exchange, clearing house or other organization or market of any power or authority conferred on it.

  • Depositary Procedures means, with respect to any conversion, transfer, exchange or transaction involving a Global Note or any beneficial interest therein, the rules and procedures of the Depositary applicable to such conversion, transfer, exchange or transaction.

  • Dissent Procedures has the meaning set out in Section 3.1;

  • railway operational procedures means procedures specified under any access agreement (as defined in the Railways Act 1993) or station lease;