Metering Business definition

Metering Business means the activities of the licensee in connection with the provision of Metering Services;
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Metering Business means the range of metering services, including the provision and maintenance of supply meter installations and devices for suppliers and/or consumers in the competitive metering market in Great Britain, principally but not exclusively undertaken by the Existing XxxX Subsidiaries through NGM; “Minority Owner Shares” means 20,000 Ordinary Shares to be issued and allotted by XxxX TopCo to the Seller pursuant to this Agreement; “New XxxX Subsidiaries” means XxxX TopCo, XxxX PledgeCo and XxxX MidCo, details of which are set out in Part D of Schedule 1 and “New XxxX Subsidiary” shall mean any one of them; “New NGH1 Indemnity” has the meaning given in Clause 4.2.8(ii)(c); “NG” means National Grid plc, a company incorporated in England and Wales with registered number 04031152 and whose registered office is at 0-0 Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; “NG Loan Agreement” means the uncommitted loan agreement between NGG (as borrower/lender) and NG (as lender/borrower), under which each of NGG and NG make available to the other party an uncommitted loan facility; “NGESO” means National Grid Electricity System Operator Limited, a company incorporated in England and Wales with registered number 11014226 and whose registered office is at 1- 0 Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; “NGET” means National Grid Electricity Transmission plc, a company incorporated in England and Wales with registered number 02366977 and whose registered office is at 0-0 Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; “NGG” means National Grid Gas plc, a company incorporated in England and Wales with registered number 2006000 and whose registered office is at 0-0 Xxxxxx, Xxxxxx XX0X 0XX, Xxxxxx Xxxxxxx; “NGG Accounts” means the audited consolidated accounts of the Existing XxxX Subsidiaries listed in Part B of Schedule 1 (including the balance sheet, profit and loss
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Metering Business means, collectively, the business of all of the Companies and all of the Subsidiaries on a consolidated basis, taken as a single entity.
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Examples of Metering Business in a sentence

  • It specifies the requirements for both the Metering Business and field staff as appropriate.

  • California Department of Transportation and IBM, “TMS Ramp Metering Business Plan.” Sacramento, CA, December 2002.

  • We have also started the rollout of advanced gas meters Vector’s Metering Business – Australia • Vector Metering entered the Australian market in 2016.

  • To the Knowledge of Sellers, there is no reasonable basis for the issuance of any such notice or the taking of any action for such violations with such exceptions as are not material to the Metering Business.

  • Where the Company initiates the discontinuance, all waivers shall be discontinued simultaneously and the Company will pay any premiums that may result from the discontinuance.

  • The Scheduling Coordinator for a Generator electing to be a Scheduling Coordinator Metered Entity must submit Generation values according to current submittal formats and time periods discussed in the CAISO Metering Business Practice Manual.

  • On July 1, 2004, we completed the acquisition of Schlumberger's Electricity Metering Business (SEM).

  • If Purchaser elects to terminate any arrangement pursuant to Section 8.10(b), Sellers will then be entitled to retain such Delayed Shares and (notwithstanding anything to the contrary contained in the Non-Competition Agreement) to operate the Metering Business conducted by the relevant Companies and Subsidiaries.

  • Set forth on Schedule 4.17 are the names of the twenty (20) largest suppliers of the Metering Business (as measured by expenditures) for the twelve (12) month periods ending March 31, 2001, 2002 and 2003.

  • Prior to the Closing, Invensys and Sellers shall deliver to Purchaser financial statements of the Metering Business for each fiscal month ending after June 28, 2003, consisting of a balance sheet as of the end of such month and statements of operations and cash flow for that month and for the portion of the year then ended (the “Monthly Financial Statements”) within fifteen (15) business days after the end of such fiscal month.


More Definitions of Metering Business

Metering Business means the activities of the licensee in connection with the provision ofmetering services; "metering equipment" means the whole or part of the Supply Meter Installation as defined in Section M, paragraph 1.2 of Transco plc’s Network Code as at 1 April 1997 as defined within Amended Standard Condition 9 (Network Code) of Transco plc's gas transporter licence onthat date; "metering services" means the provision, installation, commissioning, inspection, repairing, alteration, repositioning, removal, renewal and maintenance of meteringequipment; "meter reading business" means the activities of the licensee in connection with the provision of meterreading services; "meter reading services" means the retrieval and verification of meter reading data from gas meters, the inspection of the meter from which data is retrieved and the delivery of such data to any relevant person for the purpose of data processing, other than in relation to meter readings that the licensee obtains on its own behalf for the purpose of securing the efficient andeconomical physical operation of the
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Related to Metering Business

  • Doing business means engaging in any activity, whether legal or illegal, that is conducted

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • Qualifying business means a business which establishes a qualifying project in this state and which is certified by the Department of Economic Opportunity to receive tax credits pursuant to this section.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Metering Equipment means all metering equipment installed at the metering points designated in the appropriate appendix to an Interconnection Service Agreement.

  • Generation Business means the licensed business (if any) of the Licenseeand any affiliate or related undertaking of the Licensee in the generation of electricity or the provision of Ancillary Services;

  • Active business operations means all business operations that are not inactive business operations.

  • Supply Business means the licensed business of the Licensee and anyaffiliate or related undertaking of the Licensee as a Supplier but shall not include the business carried out by the Board in its capacity as public electricity supplier;

  • Micro Business means a company which either:

  • Company Business means the business of the Company as presently conducted.

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Generation Interconnection Customer means an entity that submits an Interconnection Request to interconnect a new generation facility or to increase the capacity of an existing generation facility interconnected with the Transmission System in the PJM Region.

  • Power production activities means any business operation that involves a project commissioned by the government of Iran whose purpose is to facilitate power generation and delivery, including, but not limited to, establishing power-generating plants or hydroelectric dams, selling or installing components for the project, providing service contracts related to the installation or maintenance of the project, as well as facilitating such activities, including by providing supplies or services in support of such activities.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Metering System means all meters and metering devices (including current transformers and potential transformers) installed by the Company and uses to measure Electricity and delivery by the Company and receipt by the BPDB of Net Energy Output. The Metering System shall be owned and maintained by the Company.

  • Interconnected Entity means either the Interconnection Customer or the Interconnected Transmission Owner; Interconnected Entities shall mean both of them.