MEPCO Transmission Rights definition

MEPCO Transmission Rights has the meaning set forth in the MEPCO TRA;
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MEPCO Transmission Rights has the meaning set forth in the MEPCO Transmission Rights Agreement;
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MEPCO Transmission Rights means the Transmission Rights associated with the MEPCO Grandfathered Transmission Service Agreements, including any renewal rights, roll-over rights and subsequent extensions thereof;
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Examples of MEPCO Transmission Rights in a sentence

  • Any damages due to Transmission Customer under this Agreement shall be calculated so as to not allow double recovery of damages with respect to the failure to transmit, schedule or dispatch the same Energy of Transmission Customer under the NS Transmission Utilization Agreement, the New Brunswick Transmission Utilization Agreement or the MEPCO Transmission Rights Agreement.

  • Provided that all of the MEPCO Transmission Rights have not been assigned absolutely to Nalcor pursuant to Section 2.4, Emera shall exercise its renewal or roll-over rights in respect of each then-current term of the MEPCO Transmission Rights and the MEPCO Grandfathered Transmission Service Agreements, including by exercising any related rights of first refusal, and shall thereby prevent the expiry of the MEPCO Transmission Rights and the MEPCO Grandfathered Transmission Service Agreements.

  • Subject to Section 2.8, at any time during the Rights Term, Nalcor may require Emera to purchase from it at the NB-Maine Border (or at such other point on the transmission path between the Delivery Point and the NB-Maine Border as the Parties may mutually agree) an amount of Energy and/or Capacity not to exceed 300 MW, in any scheduling interval, less any portion of the MEPCO Transmission Rights, expressed in MWs, that has been absolutely assigned to Nalcor or is otherwise then being utilized by Nalcor.

  • Any damages due to Nalcor under this Agreement shall be calculated so as to not allow double recovery of damages with respect to the failure to transmit, schedule or dispatch the same Energy of Nalcor under the NS Transmission Utilization Agreement, the MEPCO Transmission Rights Agreement or the Maritime Link (Nalcor) Transmission Service Agreement.

  • Except for the Assignment of MEPCO Transmission Rights Agreement dated January 28, 2013 among Emera, Bayside Power L.P. and Nalcor, this Agreement supersedes all prior communications, understandings, negotiations and agreements between the Parties, whether oral or written, express or implied with respect to the subject matter hereof (including the Term Sheet, the Sanction Agreement and, subject to Section 1.6, the Original MEPCO TRA).

  • Any damages due to Nalcor under this Agreement shall be calculated so as to not allow double recovery of damages with respect to the failure to transmit, schedule or dispatch the same Energy of Nalcor under the Maritime Link (Nalcor) Transmission Service Agreement, the New Brunswick Transmission Utilization Agreement or the MEPCO Transmission Rights Agreement.

  • Emera shall deliver to Nalcor in a timely manner all notices and other communications received by Emera that pertain to (i) the standing of the MEPCO Transmission Rights; or (ii) Nalcor’s interest in and use of the MEPCO Transmission Rights pursuant to this Agreement, except where all of the information contained in such notices and communications is otherwise generally available to ISO-NE transmission customers.

  • Unless otherwise provided for in this Agreement, Nalcor agrees that it shall not take steps or actions in its use of the MEPCO Transmission Rights that would prevent Emera from complying with terms of the ISO-NE Tariff.

  • The Agreement commenced on January 28, 2013 and, unless otherwise terminated by agreement of the parties, terminates on the later of the termination of the New Brunswick Transmission Utilization Agreement (NBTUA) and MEPCO Transmission Rights Agreement (MEPCO TRA).

  • If (i) there is an Emera Default as set forth in Section 11.1(h), (ii) there are damages due to Nalcor or an Affiliate of Nalcor under the New Brunswick Transmission Utilization Agreement or the MEPCO Transmission Rights Agreement, and (iii) Nalcor or Nalcor LP exercises an option to purchase Emera NL’s Partnership Interest as set forth in this Agreement, the purchase price payable pursuant to such option shall be reduced by the amount of such damages due.

Related to MEPCO Transmission Rights

  • Financial Transmission Right Option means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(c), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(c).

  • Financial Transmission Right or “FTR” shall mean a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2 and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2.

  • Transmission Injection Rights means Capacity Transmission Injection Rights and Energy Transmission Injection Rights.

  • Capacity Transmission Injection Rights means the rights to schedule energy and capacity deliveries at a Point of Interconnection of a Merchant Transmission Facility with the Transmission System. Capacity Transmission Injection Rights may be awarded only to a Merchant D.C. Transmission Facility and/or Controllable A.C. Merchant Transmission Facilities that connects the Transmission System to another control area. Deliveries scheduled using Capacity Transmission Injection Rights have rights similar to those under Firm Point-to-Point Transmission Service or, if coupled with a generating unit external to the PJM Region that satisfies all applicable criteria specified in the PJM Manuals, similar to Capacity Interconnection Rights.

  • Energy Transmission Injection Rights means the rights to schedule energy deliveries at a specified point on the Transmission System. Energy Transmission Injection Rights may be awarded only to a Merchant D.C. Transmission Facility that connects the Transmission System to another control area. Deliveries scheduled using Energy Transmission Injection Rights have rights similar to those under Non-Firm Point-to-Point Transmission Service.

  • Financial Transmission Right Obligation means a right to receive Transmission Congestion Credits as specified in Operating Agreement, Schedule 1, section 5.2.2(b), and the parallel provisions of Tariff, Attachment K-Appendix, section 5.2.2(b).

  • Transmission pipeline means any high pressure transmission pipeline connected to, but excluding the Maui Pipeline, that is used for the open access transportation of Gas, and includes all items of plant, equipment, fixtures and fittings directly appurtenanced to that pipeline, but excluding any item which is controlled by a party other than that pipeline’s TP Welded Party and any low pressure distribution system.

  • Capacity Interconnection Rights means the rights to input generation as a Generation Capacity Resource into the Transmission System at the Point of Interconnection where the generating facilities connect to the Transmission System.

  • Merchant Transmission Facilities means A.C. or D.C. transmission facilities that are interconnected with or added to the Transmission System pursuant to Tariff, Part IV and Tariff, Part VI and that are so identified in Tariff, Attachment T, provided, however, that Merchant Transmission Facilities shall not include (i) any Customer Interconnection Facilities, (ii) any physical facilities of the Transmission System that were in existence on or before March 20, 2003 ; (iii) any expansions or enhancements of the Transmission System that are not identified as Merchant Transmission Facilities in the Regional Transmission Expansion Plan and Tariff, Attachment T, or (iv) any transmission facilities that are included in the rate base of a public utility and on which a regulated return is earned.

  • Transmission License means the license granted by the Appropriate Commission in terms of the relevant regulations for grant of such license issued under The Electricity Act, 2003;

  • Transmission links are the means used for inter-connecting distributed units for the purpose of conveying signals, operating data or an energy supply. This equipment is generally electrical but may, in some part, be mechanical, pneumatic or hydraulic.

  • Central Transmission Utility means the Government Company notified by the Central Government under Sub-Section (1) of Section 38 of the Electricity Act, 2003.

  • Transmission line means any single or multiphase electric power line operating at nominal voltages at or in excess of either 69,000 volts between ungrounded conductors or 40,000 volts between grounded and ungrounded conductors, regardless of the functional service provided by the line.

  • Transmission Licensee means a licensee authorised to establish or operate transmission lines;

  • Money transmission means any of the following:

  • Transmission Licence means a licence granted under section 6(1)(b) of the Act;

  • CTU or Central Transmission Utility means the Central Transmission Utility as defined in sub-section (10) of Section 2 of the Electricity Act 2003;

  • Transmission Facilities shall have the meaning set forth in the Operating Agreement.

  • Transmission Service Provider means the entity that administers the transmission tariff and provides transmission service to transmission customers under applicable transmission service agreements.

  • Transmission Service means Point-To-Point Transmission Service provided under Tariff, Part II on a firm and non-firm basis.

  • Transmission Facility means a facility for transmitting electricity, and includes any structures, equipment or other facilities used for that purpose as defined in the Parties respective XXXXx.

  • Transmission Service Agreement or “TSA” shall mean the agreement entered into between Long Term Transmission Customer(s) and the TSP pursuant to which TSP shall build, own, operate and maintain the Project and make available the assets of the Project to Long Term Transmission Customer(s) on a commercial basis;

  • State Transmission Utility or “STU” shall mean the Board or the Government company notified by the respective State Government under Sub-section (1) of Section 39 of the Act;

  • Local Loop Transmission “Unbundled Local Loop”, “Loop” means the transmission path which extends from the Network Interface Device or demarcation point at an End User’s premise to the Main Distribution Frame or other designated frame or panel in the SBC-AMERITECH Serving Wire Center.

  • Transmission Services the services provided by the Transmission Provider(s) to the Distributor;

  • Transmission Operator means the entity responsible for the reliability of its “local” Transmission System, and that operates or directs the operations of the Transmission Facilities.