NERC Holidays definition
NERC Holidays means a holiday as defined by the North American Electric Reliability Corporation or any successor thereto.
NERC Holidays mean 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 4th 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.
NERC Holidays mean 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. Notwithstanding anything to the contrary in this Section 4.2, NERC Holidays shall be calculated as “Shoulder” hours for all non-“Night” hours and any remaining hours shall be calculated as “Night” hours.
Examples of NERC Holidays in a sentence
The On-Peak Term(s) specified above includes the Hour Ending (“HE”) 0700 through HE 2200 Eastern Standard Time (“EST”) Monday through Friday excluding NERC Holidays.
All Days: For purposes of all transactions under this Confirmation Agreement, "All Days" shall mean all calendar days within the relevant Period of Delivery including NERC Holidays.
Notwithstanding anything to the contrary in this Section 4.2, NERC Holidays shall be calculated as “Shoulder” hours for all non-“Night” hours and any remaining hours shall be calculated as “Night” hours.
Shoulder = hours ending 7 – 12, 21 and 22 PPT Monday – Friday (except NERC Holidays); and hours ending 7 – 22 PPT Saturday, Sunday and all NERC Holidays in the applicable Monthly Period.
Super-Peak (5x8) = hours ending 13 – 20 (Pacific Prevailing Time (PPT)) Monday – Friday (except NERC Holidays) in the applicable Monthly Period.
More Definitions of NERC Holidays
NERC Holidays means “Additional Off-peak Days” as defined by NERC on the NERC website at ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇.
NERC Holidays has the meaning set forth in Section 4.2.
NERC Holidays as defined in Exhibit B, Section 5. “Time of Delivery Periods and Allocation Factors.”
NERC Holidays means New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day, and other holidays observed by NERC.
NERC Holidays means those days defined as “Holidays” by the North American Electric Reliability Corporation, and specifically includes each Monday after New Year’s Day, Independence Day and Christmas if such holidays fall on a Sunday.
NERC Holidays mean 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. Notwithstanding anything to the contrary in this Section 4.2, NERC Holidays shall be calculated as “Shoulder” hours for all non-”Night” hours and any remaining hours shall be calculated as “Night” hours. Period 1. Super-Peak 2. Shoulder 3. Night
NERC Holidays means additional Off-Peak Days (aka “Holidays”) as determined by the North American Electric Reliability Council.”