Metering System definition

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.

Metering System bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement; “Month” means a calendar month according to the Gregorian calendar;

Metering System. All meters and metering devices used to measure the delivery and receipt of Net Energy Output and Dependable Capacity in accordance with this Agreement.

Examples of Metering System in a sentence

• Seller shall ensure the Metering System is designed, located, constructed, installed, owned, operated, tested, calibrated and maintained in accordance with the Interconnection Agreement and Prudent Operating Practices in order to measure and record the amount of Energy delivered from the Project to the Delivery Point.

• Buyer, may, at its own cost, install additional meters or other such facilities, equipment or devices on Buyer's side of the Delivery Point as Buyer deems necessary or appropriate to monitor the measurements of the Metering System; provided, however, that in all cases Seller will be entitled to base its invoiced amounts for Product solely by reference to its own Metering System.

• None of Buyer, Xxxxx's Affiliates or the employees, subcontractors or contractors of any of them shall make adjustments to the Metering System without the written consent of Seller, which consent shall not be unreasonably withheld, conditioned or delayed.

More Definitions of Metering System

Metering System means a complete set of commissioned Metering Equipment installed to measure the volumes of input and output electricity at a particular location for the purposes of the CfD Settlement Activities;

Metering System. “MSID”, “Registrant”, “Residual Cashflow Reallocation Cashflow”, “Settlement Run”, “Trading Dispute” and “Trading Unit” have the meanings given to such terms in the BSC, save that references to Metering Equipment within the definition of “Material Change” shall be replaced by references to Facility Metering Equipment.

Metering System. All meters and metering devices (including, if applicable, any remote terminal units and electronic data-recording and telemetry system) to be procured, installed and tested by the Seller and transferred to the Purchaser, and thereafter owned and maintained by the Purchaser and used to measure the Net Delivered Energy.

Metering System means all meters, metering devices and related instruments used to measure and record Energy and to determine the amount of Delivered Energy.

Metering System means:- (i) in the case of a metering system at a Bulk Supply Point, Power Station, or Composite Site (but always excluding metering systems at a Composite Site which comprise an Import Register and no Export Register), physically distinct and related Commissioned Metering Equipment at or relating to a Site which measures a trade in Active and/or Reactive Energy where the Active Energy is allocated in accordance with the Rules; or (ii) in the case of any other metering system and, where the context requires, metering systems at Composite Sites comprising a Settlement Register, a Metering Point;

Metering System means all mechanical, instrumental and computer parts of the system for the measurement of Petroleum as well as the applicable documentation and procedures;

Metering System means the totality of all apparatus, data, procedures and activities which the Licensee employs to determine the extent of any telecommunication services provided by means of the Applicable Systems;