National Grid NTS definition

National Grid NTS means National Grid as licensee under the Transporter’s Licence authorising the conveyance of gas through the NTS;
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National Grid NTS means National Grid in its capacity as the owner and operator of the NTS and licensee under the Transporter's Licence authorising the conveyance of gas through the NTS;
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National Grid NTS means National Grid as licensee under the Transporter's Licence authorising the conveyance of gas through the NTS;"Amend paragraph 2.1.1(b) to read as follows:
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Examples of National Grid NTS in a sentence

  • Where these costs are greater than the Connection Application Fee paid by the Connection Applicant, National Grid NTS shall invoice the Connection Applicant for the difference.

  • Where these costs are less than the Connection Application Fee paid by the Connection Applicant, National Grid NTS shall refund such difference to the Connection Applicant.

  • Following receipt of such a request, National Grid NTS shall seek to agree the terms on which it will undertake any such study with the person submitting the request.

  • Failure by the Connection Applicant to accept the Connection Offer within such three (3) month period will cause the Connection Offer to lapse and any subsequent purported acceptance of the Connection Offer by the Connection Applicant may be treated as null and void by National Grid NTS.

  • In relation to the withdrawal of a Full Connection Application only, the Connection Application Fee shall be refunded to the Connection Applicant less a deduction for actual costs (including reasonable overheads) reasonably incurred by National Grid NTS in progressing the Connection Application up to the date of withdrawal.

  • The Connection Applicant shall provide the requested information or data as soon as reasonably practicable and in any case no more than five (5) Business Days after the date of receipt of the request from National Grid NTS.

  • National Grid NTS has been informed by the operator of an Interconnector currently connected to the NTS (an ‘Interconnector Operator’ or ‘IO’) that it intends to offer an additional storage service to Shipper Users whereby gas may be offtaken from the NTS, stored in its system and subsequently be delivered back to the NTS.

  • This document only includes maintenance activities on the NTS which are to be undertaken by National Grid NTS.

  • These benefits help better facilitate the GB market’s Security of Supply and have the potential to lower balancing costs.The solution takes effect in respect of any Interconnector SCP on the NTS where a Storage Connection Agreement is in place between National Grid NTS and the relevant IO.

  • National Grid NTS has been informed by the operator of an Interconnector currently connected to the NTS that it intends to offer an additional storage service to GB shippers (Users) whereby gas may be offtaken from the NTS, stored in its system and at a subsequent point in time be delivered back to the to the NTS.

Related to National Grid NTS

  • National Grid means National Grid Gas plc (Company No.2006000) whose registered office is at 1-3 Strand, London WC2N 5EH.

  • Long-term care means those activities taken by a host state after a compact facility is permanently closed to ensure the protection of air, land, and water resources and the health and safety of all people who may be affected by the compact facility.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Railway Group Standards means standards authorised pursuant to

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.