NTS operator definition

NTS operator means a licence holder who is obliged to comply with one or more conditions in Part B: Standard Special Conditions applicable to all NTS licensees (as a whole or in part) as a result of any direction issued pursuant to Standard Special Condition B1(Application/Disapplication of standard conditions in Section A (Interpretation, Application and Payments) and Section B (General) and Application/Disapplication of Standard Special Conditions applicable to NTSlicensees);“NTS shrinkage”means the sum of NTS own use gas and NTS unaccounted for gas (both having the meanings given to thoseterms in the network code);“owned”in relation to a gas meter or other property, includes leased and cognate expressions shall be construedaccordingly;“participating interest”has the meaning given in regulations made under Part 15 of the CompaniesAct 2006;“permitted purpose”means the purpose of all or any of the following:(a) the transportation business; (b) the metering business;
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NTS operator means the holder of a licence granted or
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NTS operator means a licence holder who is obliged to comply with one or more conditions
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Examples of NTS operator in a sentence

  • Explanation.—“Offence”, as used in this section, includes the abetment of, or attempt to commit, the offence.

  • Translating this high level intent into a structure for codes suggests a need for the following; • A Transmission Code (TC) covering system wide activity (e.g. energy balancing and settlement) and specific NTS requirements (e.g. entry capacity), between Transco as NTS operator and shippers.


More Definitions of NTS operator

NTS operator means the holder of a licence granted or treated as granted under section 7 of the Gas Act 1986 in relation to the NTS who is obliged to comply with one or more conditions in Standard SpecialConditions Part B; “NTS shrinkage” means the sum of NTS own use gas and NTS unaccounted for gas (both having the meanings given to thoseterms in the network code); “owned” in relation to a gas meter or other property, includes leased and cognate expressions shall be construedaccordingly; “participating interest” has the meaning given in regulations made under Part 15 of the CompaniesAct 2006; “permitted purpose” means the purpose of all or any of the following:
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NTS operator means the holder of a licence granted or treated as granted under section 7 of the Gas Act 1986 in relation to the NTS who is obliged to comply with one or more conditions in Standard SpecialConditions Part B;“NTS shrinkage”means the sum of NTS own use gas and NTS unaccounted for gas (both having the meanings given to thoseterms in the network code);“owned”in relation to a gas meter or other property, includes leased and cognate expressions shall be construedaccordingly;“participating interest”has the meaning given in regulations made under Part 15 of the CompaniesAct 2006;“permitted purpose”means the purpose of all or any of the following: (a) the transportation business; (b) the metering business; (c) the meter reading business; (d) any other business or activity within the limits of paragraph 4of Standard Special Condition
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Related to NTS operator

  • train operator means any person who is authorised to act as the operator of a train by a licence under section 8 of the Railways Act 1993.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Network Operator means the provider of the Network.

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • tour operator means, with the exception of an air carrier, an organiser within the meaning of Article 2, point 2, of Council Directive 90/314/EEC of 13 June 1990 on package travel, package holidays and package tours (2);

  • the Operator means a person holding a Licence to operate Private Hire Vehicles issued pursuant to Section 55 of the Local Government (Miscellaneous Provisions) Act 1976.

  • Non-Operator means a party other than the operator;

  • Storage operator means a person holding or applying for a permit.

  • Terminal operator means a person who owns, operates, or otherwise controls a terminal.

  • Producer means the owner of a well or wells capable of producing oil or gas or both.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Account Operator means a bank or other party duly authorised to operate as an account operator pursuant to the Financial Instruments Accounts Act and through which a Bondholder has opened a Securities Account in respect of its Bonds.

  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • DRIVER / OPERATOR means an individual possessing sound mental and physical health who must be in possession of an appropriate professional Driving License and

  • Warehouse operator means a person engaged in the business of operating or controlling a warehouse for the storing, shipping, handling or processing of agricultural products, but does not include an incidental warehouse operator.

  • Amateur radio operator means a person licensed by the Federal Communications Commission to engage in private and experimental two-way radio operation on the amateur band radio frequencies.

  • Gatherer As defined in the preamble of this Agreement.

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Franchisor means Marriott International, Inc.

  • AER means annual equivalent rate;

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Licensed Operator means a person licensed, or deemed to be licensed, to provide a port service or operate a port facility;

  • Developer means the legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.

  • Lead contractor means a person who has met the Board's requirements and has been issued a