NATS account definition

NATS account means a compliance, overdraft, or general account in the NATS, established by the Administrator, for purposes of recording any allocation and holding, transferring, or deducting any NOx allowances.

Examples of NATS account in a sentence

  • If the Regional Authority allocates the Allowances for 2000, 2001 and 2002 at a later date(s), payment(s) for these allocations shall occur within ten (10) business days of transfer to the Buyer's NATS account.