NTC definition

NTC shall have the meaning set forth in the preamble to this Agreement.

NTC means the National Terms of Connection conferred by DCUSA Limited;

NTC means the Net Transmission Capacity which is the maximum energy exchange for commercial purposes between adjacent bidding zones for each market time unit in a specific direction;

Examples of NTC in a sentence

• For the purposes of this Section, “Notices” shall refer to any notices or communications required to be delivered by NTC in writing pursuant to the terms of this Agreement.

• In the event NTC anticipates or learns of the occurrence of an Act of Insolvency with respect to the Borrower, NTC shall promptly recall all outstanding loans of Clients’ Securities on behalf of such Clients, so that the Borrower is obligated to deliver Equivalent Securities with respect to all such loans within the standard settlement cycle for securities of that kind.

• Nothing in this Agreement shall be understood to imply that in performing the functions described herein, NTC is acting in the capacity of portfolio manager or is providing advice as to the value of securities or as to the advisability of investing in, purchasing, selling or lending securities.

• Each Client shall be bound by the terms of this SLAA and the GMSLA as of its execution of the Client Documentation and until such Client terminates its participation in the Program upon delivery of fifteen (15) Business Days’ prior written notice to NTC via its Manager’s Written Instructions in accordance with Section 24(b) of this Agreement.

• The Manager must notify NTC promptly upon a client becoming a Client under the Program by delivering to NTC a copy of such Client’s executed Client Documentation.

More Definitions of NTC

NTC has the meaning given to it in the PPA;

NTC number translation code;

NTC means National Tobacco Company, L.P., a Delaware limited partnership.

NTC means the net transfer capacity that amounts to the maximum total exchange program (MW) for commercial purposes between adjacent bidding zones for each market time unit in a specific direction. NTC is obtained by subtracting the reliability margin from the TTC;

NTC means Eskom Holdings SOC LTD acting through its Transmission Division;

NTC. Means the National Telecommunications Commission.

NTC means new Cardholders who do not hold any existing credit card issued by the Bank (including Mach);