Market System Development Plan definition

Market System Development Plan means the plan required to be prepared by the Licensee in accordance with Condition 4 of this Licence;
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Market System Development Plan. " means the plan required to be prepared by the Licensee pursuant to Regulation [●] (functions of the market operator) of the [Single Market Regulations]in accordance with Condition 4 of this Licence;
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Market System Development Plan means the plan of that name prepared by the Parties in accordance with Condition 16 of the Market Operator Licence granted to SONI and Condition 4 of the Market Operator Licence granted to EirGrid;
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Examples of Market System Development Plan in a sentence

  • The Licensee shall in conjunction with the Northern Ireland Market Operator Licensee, revise the Market System Development Plan at least annually in order that the information set out in the Market System Development Plan continues to be accurate in all material respects and shall submit all revisions to the Commission for approval.

  • Where, and to the extent, required by the Commission, the Licensee shall amend the Market System Development Plan and shall submit such amended plan to the Commission for approval.

  • Where required by the Commission, and within such timeframe as the Commission may reasonably request, the Licensee shall in conjunction with the Northern Ireland Market Operator Licensee, prepare and submit to the Commission for approval a plan, to be known and referred to as the Market System Development Plan, for the development of the Single Electricity Market Trading and Settlement System over the following two calendar years.

  • Where, and to the extent, required by the Commission, the Licensee shall publish and make available the Market System Development Plan on the web-site for the Single Market Operation Business.

  • Where, and to the extent, required by the Authority, the Licensee shall publish the Market System Development Plan on the web-site for the Single Market Operation Business.

  • The Licensee shall, in conjunction with the Republic of Ireland Market Operator Licensee, revise the Market System Development Plan at least annually in order that the information set out in the Market System Development Plan continues to be accurate in all material respects and shall submit all revisions it to the Authority for approval.

  • Where (and to the extent) required by the Authority, the Licensee shall amend the Market System Development Plan and shall submit such amended plan to the Authority for approval.

  • This includes a requirement to prepare and maintain a Market System Development Plan (MSDP) which details the system development requirements for the following two years.

  • The construction, operation and maintenance of the alternative facilities will follow internationally accepted guidelines, and will be implemented pursuant to the preparation of EIAs. 11.

  • More information on this project has been published by SEMO in their recent Market System Development Plan (MSDP) 2019 – 2021 consultation19.

Related to Market System Development Plan

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Program means the implementation of the development plan.

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Procurement Plan means the Recipient’s procurement plan for the Project, dated April 2, 2010, and referred to in paragraph 1.16 of the Procurement Guidelines and paragraph 1.24 of the Consultant Guidelines, as the same shall be updated from time to time in accordance with the provisions of said paragraphs.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.