NERC Holiday definition

NERC Holiday has the meaning set forth in Section 4.2.
NERC Holiday means any of the following holidays: New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. Three of these days, Memorial Day, Labor Day, and Thanksgiving Day, occur on the same day each year. Memorial Day is the last Monday in May; Labor Day is the first Monday in September; and Thanksgiving Day is the fourth (4th) Thursday in November. New Year’s Day, Independence Day, and Christmas Day occur on the same date each year, but in the event any of these holidays occur on a Sunday, the “NERC Holiday” is celebrated on the Monday immediately following that Sunday; and if any of these holidays occur on a Saturday, the “NERC Holiday” remains on that Saturday.
NERC Holiday means New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day, and any other day declared a holiday by NERC.

Examples of NERC Holiday in a sentence

  • NERC Holiday Galas NERC incurred considerable expense for employee holiday parties held in December 2010 (2010 Gala) and December 2011 (2011 Gala) (collectively referred to as the Holiday Galas28).

  • SCS explained that on Friday, 12/20/2013,was under the mistaken impression that 12/24/2013 was a NERC Holiday.

  • Buyer shall provide to Seller in writing by 0800 EST each Business Day a Contract Energy schedule for the next Business Day (and any intervening Saturday, Sunday, or NERC Holiday) (the "Day Ahead Schedule") that shall state for each Hour of the applicable Day the amounts of Contract Energy that Buyer will purchase from Seller at each Delivery Point.

  • However, in the event they occur on a Sunday, the "NERC Holiday" is celebrated on the Monday immediately following that Sunday.

  • Winter Off-Peak = Nov 1 - Jun 30 (2874 Hours), all weekend hours, NERC Holiday hours, and weekday hours not already considered Winter On-Peak or Winter Semi-Peak.


More Definitions of NERC Holiday

NERC Holiday means any day designated as a holiday by NERC.
NERC Holiday means every day other than a Saturday or Sunday that the NERC declares to be a holiday for power scheduling purposes.
NERC Holiday means such additional off-peak days as published by NERC on its internet website in a table called "“Additional Off-peak Days (aka holidays) for Eastern and Western Interconnections"”;
NERC Holiday means any day that is a holiday as defined by the North American Electric Reliability Council or any successor organization thereto.
NERC Holiday means a holiday defined by NERC.
NERC Holiday means New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day, and any other day declared a holiday by NERC. "New PPA Amendments" shall mean any amendments to the Amended and Restated Power Purchase Agreements which are entered into after the Contract Date and before the Closing Date, which such amendments shall not impair the validity or effectiveness of the Final Decision. "NJEA" shall have the meaning set forth in the Recitals. "NSTAR" shall mean NSTAR Electric & Gas Corporation. "NSTAR Documents" shall have the meaning set forth in the Recitals. "NYMEX" shall mean the New York Mercantile Exchange. "Off-Peak Hours" shall mean all hours that are not On-Peak Hours. "On-Peak Hours" shall mean, on any Business Day, the sixteen (16)-hour period beginning at the hour ending 0800 EPT and ending with the end of the hour ending 2300 EPT. "Petition" shall have the meaning set forth in Section 5.2(a). "Power Purchase Agreements" shall have the meaning set forth in the Recitals. "Real-Time Energy Market" or "RTM" shall have the meaning as set forth in that certain Manual for Definitions and Abbreviations prepared by ISO, as may be amended from time to time. "RTM LMP Prices" in any hour for any node in NEPOOL shall mean the LMP prices resulting from the Real-Time Energy Market. "Required Finding" shall have the meaning set forth in the Recitals. "Sayreville Facility" shall have the meaning set forth in the Recitals. "Senior Indenture" shall have the meaning set forth in the Recitals. "Senior Note Holders" shall have the meaning set forth in the Recitals. "Senior Secured Notes" shall have the meaning set forth in the Recitals. "Senior Trustee" shall have the meaning set forth in the Recitals. "Term" shall mean the period from and including the first day of the month immediately following the month in which the Closing Date occurs through and including September 30, 2016. "Transactions" shall have the meaning set forth in the Recitals. ARTICLE 2 TRANSACTION DELIVERABLES 2.1.
NERC Holiday means any day that is New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. Three of these days, Memorial Day, Labor Day, and Thanksgiving Day occur on the same day each year. Memorial Day is the last Monday in May; Labor Day is the first Monday in September; and Thanksgiving Day is the fourth Thursday in November. New Year's Day, Independence Day, and Christmas Day, by definition, are predetermined dates each year. However, in the event they occur on a Sunday, the "NERC Holiday" is celebrated on the Monday immediately following that Sunday. However, if any of these days occur on a Saturday, the "NERC Holiday" remains on that Saturday. Notice has the meaning ascribed to such term in Section 12.2. Off Peak means all hours that are not On-Peak, including NERC Holidays. On-Peak means the hours beginning at 6:00 A.M. Central Prevailing Time and ending at 10:00 P.M. Central Prevailing Time for the days Monday through Friday, excluding NERC Holidays. Party has the meaning ascribed to such term in the preface hereto.