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

  • If all or part of a Counter-Party’s ACLC and/or ACLD cannot be computed due to an ERCOT computer system failure or Market Suspension, then ERCOT shall estimate ACLC and/or ACLD for that Counter-Party and provide the information used to determine such estimates to that Counter-Party.

  • Market RestartThe processes by which ERCOT market-related systems and activities are returned to normal operations during and/or following a Market Suspension.

  • MSBLTRAMTTOT d $ Market Suspension Block Load Transfer Amount Total – The total Market Suspension Block Load Transfer Amount for all QSEs for the Operating Day d.

  • MSEDCIMPAMTTOT d $ Market Suspension Emergency DC Import Amount Total – The total Market Suspension Emergency DC Import Amount charges for all QSEs for the Operating Day d.

  • MSMWAMTTOT d $ Market Suspension Make-Whole Payment Total – The total payment to all QSEs for Market Suspension Make-Whole Payments for the Operating Day.

  • For circumstance (i) above refer to Market Manual 4.5: Market Suspension and Resumption.In circumstances where administrative prices are required, the IESO shall establish administrative prices and corresponding market schedules that would, to the extent practical, reflect the market prices and corresponding market schedules that would have otherwise been produced by the real- time markets, but for the event causing market prices to be administered (MR Ch. 7, Sec.

  • The most recent 30 day LRS prior to the Market Suspension event, as described in paragraph (a) above, will continue to be used to allocate Startup Costs and standby payments for RMR Units and Black Start Resources.

  • MSMWAMTTOT d $ Market Suspension Make-Whole Payment Total – The total payment to all QSEs for Market Suspension Make-Whole Payment for the Operating Day.

  • MSMWAMT q, r, d $ Market Suspension Make-Whole Payment – The Market Suspension Make-Whole Payment to the QSE q, for Resource r, for the Operating Day d.

  • 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.

Related to Market Suspension

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

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

  • Total Suspended Solids means measure of all suspended solids in a liquid; typically expressed in mg/L.

  • 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.

  • Normal Market Size for CFD trading shall mean the maximum number of units of the Underlying Asset that are transmitted by the Company for execution.

  • Blackout Period shall have the meaning set forth in Section 3(n).