Market Suspension definition

Market Suspension means the inability of the Office of the Interconnection to clear the Day-ahead Energy Market prior to 11:59 p.m. on the day before the affected Operating Day due to extraordinary circumstances, as further described in Operating Agreement, Schedule 1, section 1.10.8(d) and the parallel provisions of Tariff, Attachment K-Appendix, section 1.10.8(d), or the inability of the Office of the Interconnection to produce Zonal Dispatch Rates for a total of seven
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Market Suspension means the inability of the Office of the Interconnection to clear the Day-ahead Energy Market prior to 11:59 p.m. on the day before the affected Operating Day due to extraordinary circumstances, as further described in Operating Agreement, Schedule 1, section 1.10.8(d), or the inability of the Office of the Interconnection to produce economic zonal dispatch solutions during the Operating Day due to operational or technical issues, as further described in Operating Agreement, Schedule 1, section 1.11.6.
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Market Suspension means the suspension of the Imbalance Energy
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Examples of Market Suspension in a sentence

  • See Market Manual 4.5: Market Suspension and Resumption for more information on the processes to be followed in this situation.The overview information in Section 1.3, below, is provided for context purposes only, highlighting the main actions that comprise the procedure as set out in Section 2.Transmission system information to be provided by transmitters, as per Market Rule Chapter 7, Sections 3.4.2 and 3.9 (MR Ch. 7 Sec.

  • Issues to considerA fund manager should critically assess the potential impact of Market Suspension on SFC-authorized funds under its management and the investors of the funds, and should ensure that it has in place appropriate policies and procedures (including contingency plans) to address such impact in the event of Market Suspension.

  • Normal BSC market operations will be suspended for the duration of the Market Suspension Period.

  • Provide a timetable by which the Market Suspension Triggers shall be defined, by which time the NRAs shall approve or by which time the Triggers shall be implemented.2. Defining a set of Market Activities Suspension Triggers, not in consultation with, but taking account of stakeholder views expressed via public consultation.3. Suggested to introduce also Market Restoration Triggers in the Netcode.

  • In particular, the issues that a fund manager should consider if a Market Suspension is triggered include, without limitation:  how the net asset value of the fund(s) should be calculated; if/how any fair valuation adjustments should be made1; how to ensure:a.

  • Market Suspension Event means the event of any suspension of trading by the NSE on any official trading day, on account of circuit breaker system being triggered at 20% or such other % movement, as may be prescribed by NSE / regulatoryauthorities in this regard, of the CNX Nifty index, whereby trading shall be halted for the remainder of the trading day in all equity and equity derivatives market nationwide.

  • Suspension of Market Operations 9713.1 Introduction 9713.2 Market Suspension Events 9713.3 Insufficient Reasons for Market Suspension 9813.4 IESO Declaration of Market Suspension 9813.5 IESO Responsibilities During Market Suspension 9813.6 Participant Responsibilities and Compensation 9913.7 Ending and Reporting on Market Suspension 10014.

  • The Market Suspension Period and the Black Start Period will both end, and normal BSC market operations will resume, at a point determined by the BSC Panel after consultation with the Transmission CompanyNETSO (this will be some time after the restoration of the Total System under the Grid Code, so that participants can prepare for a return to normal BSC market operations).

  • They cover both the process to restore the Total System under the Grid Code and the process to resume normal BSC market operations under the BSC.A Total Shutdown will always result in a Market Suspension Period under the BSC, the start and end points of which will be the same as the Black Start Period.

  • The provision of professional police service requires that personnel receive current information and consistent direction.

Related to Market Suspension

  • Summary suspension means a suspension imposed without a formal hearing to ensure the safety and well-being of members of the college community.

  • Suspension means a suspension pursuant to Education Law § 3214.

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • In-school suspension means an exclusion from regular classroom activity for no more than ten (10) consecutive school days, but not exclusion from school, provided such exclusion shall not extend beyond the end of the school year in which such in-school suspension was imposed. No student shall be placed on in-school suspension more than fifteen (15) times or a total of fifty (50) days in one (1) school year, whichever results in fewer days of exclusion.

  • Regulatory Event means, following the occurrence of a Change in Law (as defined below) with respect to the Issuer and/or Société Générale as Guarantor or in any other capacity (including without limitation as hedging counterparty of the Issuer, market maker of the Certificates or direct or indirect shareholder or sponsor of the Issuer) or any of its affiliates involved in the issuer of the Certificates (hereafter the “Relevant Affiliates” and each of the Issuer, Société Générale and the Relevant Affiliates, a “Relevant Entity”) that, after the Certificates have been issued, (i) any Relevant Entity would incur a materially increased (as compared with circumstances existing prior to such event) amount of tax, duty, liability, penalty, expense, fee, cost or regulatory capital charge however defined or collateral requirements for performing its obligations under the Certificates or hedging the Issuer’s obligations under the Certificates, including, without limitation, due to clearing requirements of, or the absence of, clearing of the transactions entered into in connection with the issue of, or hedging the Issuer’s obligation under, the Certificates, (ii) it is or will become for any Relevant Entity impracticable, impossible (in each case, after using commercially reasonable efforts), unlawful, illegal or otherwise prohibited or contrary, in whole or in part, under any law, regulation, rule, judgement, order or directive of any governmental, administrative or judicial authority, or power, applicable to such Relevant Entity (a) to hold, acquire, issue, reissue, substitute, maintain, settle, or as the case may be, guarantee, the Certificates, (b) to acquire, hold, sponsor or dispose of any asset(s) (or any interest thereof) of any other transaction(s) such Relevant Entity may use in connection with the issue of the Certificates or to hedge the Issuer’s obligations under the Certificates,(c) to perform obligations in connection with, the Certificates or any contractual arrangement entered into between the Issuer and Société Générale or any Relevant Affiliate (including without limitation to hedge the Issuer’s obligations under the Certificates) or (d) to hold, acquire, maintain, increase, substitute or redeem all or a substantial part of its direct or indirect shareholding in the Issuer’s capital or the capital of any Relevant Affiliate or to directly or indirectly sponsor the Issuer or any Relevant Affiliate, or (iii) there is or may be a material adverse effect on a Relevant Entity in connection with the issue of the Certificates.

  • Discontinuance Notice means the written Notice sent by the Billing Party to the other Party that notifies the Non- Paying Party that in order to avoid disruption or disconnection of the Interconnection Services, furnished under this Agreement, the Non-Paying Party must remit all Unpaid Charges to the Billing Party within fifteen (15) calendar days following receipt of the Billing Party’s Notice of Unpaid Charges.

  • Lookback Period means the three completed fiscal years immediately preceding the Accounting Restatement Date, as well as any transition period (resulting from a change in the Company’s fiscal year) within or immediately following those three completed fiscal years (except that a transition period of at least nine months shall count as a completed fiscal year). Notwithstanding the foregoing, the Lookback Period shall not include fiscal years completed prior to the Effective Date.

  • Blackout Period has the meaning set forth in Section 2.01(d).

  • disclosure period means the period commencing on 16 July 2012 (being the date 12 months prior to the commencement of the Offer Period) and ending on the disclosure date;

  • Suspension Event As defined in Section 5(b) hereof.