NTS System Point definition

NTS System Point means the NTS system point for the time being known as [insert name].
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NTS System Point means the NTS system point for the time being known as [insert name]. PARCA Application means the completed application form which is attached in Part 1 of Schedule 1 (PARCA Application and Phase 1 PARCA Works Report) to this Agreement.
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Examples of NTS System Point in a sentence

  • Force Majeure Rebate The FM Rebate will be based on the amount by which the Capacity at the affected NTS System Point is to be reduced, as outlined in the FM notification (the FM Amount), prorated between those Users Registered as holding Capacity (excluding any impacts of Capacity acquired/sold via Capacity Transfers*) at the NTS System Point.

  • The Proposal may also secure effective competition between Shippers by ensuring that Users at a single NTS System Point would not be inappropriately or disproportionately affected by Force Majeure.

  • The value of the FM Rebate will be the Weighted Average Price (p/kWh/day) of each specific User’s Registered Capacity Holdings (excluding any impacts of Capacity acquired/sold via Capacity Transfers) at the NTS System Point multiplied by the prorated Capacity quantity (kWh) for each day that the FM is in force.

  • The proration will be based on the Users Registered Capacity Holdings (for the purposes of this modification proposal Registered Capacity Holdings will mean NTS Entry Capacity acquired through the Annual and Rolling Monthly NTS Entry Capacity Auctions and/or Annual NTS Exit (Flat) Capacity) at that point in time divided by the total amount of Capacity held at the NTS System Point multiplied by an Adjusted Force Majeure Amount.

  • For clarification Users will continue to retain full liability for all Capacity that they are registered as holding (i.e. Capacity that Users have acquired from National Grid NTS) at the affected NTS System Point and will be invoiced accordingly irrespective of the FM notification.

  • Please note that for the purposes of this Modification Proposal:• Capacity will be used in proxy of Firm Quarterly NTS Entry Capacity, Monthly NTS Entry Capacity and Firm Annual NTS Exit (Flat) Capacity unless otherwise stated • NTS System Point will be used in proxy of both ASEP and NTS Exit Point unless otherwise stated National Grid NTS proposes that in these instances of FM that Users registered as holding Firm Capacity* at a NTS System Point will be issued with a FM Rebate.

  • The definition of a financial interest giving rise to a potential conflict of interest is included within the Rules of the Society.

Related to NTS System Point

  • Signaling System 7 (SS7) means a signaling protocol used by the CCS Network.

  • smart metering system means an electronic system that is capable of measuring electricity fed into the grid or electricity consumed from the grid, providing more information than a conventional meter, and that is capable of transmitting and receiving data for information, monitoring and control purposes, using a form of electronic communication;

  • Net metering system means a facility for the production of electrical energy that:

  • Combined sewer system means a system for conveying both sanitary sewage and storm water runoff.

  • Signaling System 7 (SS7 means a signaling protocol used by the CCS Network.

  • Weapons system supplier means any prime contractor or first tier subcontractor engaged in, or having a known prospective interest in the development, production or analysis of any of the weapon systems, as well as any major component or subassembly of such system.

  • Metering System means all meters and metering devices (including current transformers and potential transformers) owned by the Company and used to measure Dependable Capacity and the delivery by the Company and receipt by BPDB of Net Energy Output;

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • Waterworks System or “system” means a system of pipes and structures through which water is obtained and distributed, including but not limited to wells and well structures, intakes and cribs, pumping stations, treatment plants, storage tanks, pipelines and appurtenances, or a combination thereof, actually used or intended for use for the purpose of furnishing water for drinking or household purposes.

  • Supplier of water means any person who owns or operates a public water system.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Metering Point means, for meters that do not use instrument transformers, the point at which the billing meter is connected. For meters that use instrument transformers, the point at which the instrument transformers are connected.

  • system user means a natural or legal person supplying to, or being supplied by, a transmission or distribution system;

  • Operating System refers to the software that manages Hardware for Programs and other software.

  • Customer-generator means a user of a net metering system.

  • Custom Local Area Signaling Service Features (CLASS) means certain call-management service features that are currently available from SBC-13STATE’s local networks. These could include: Automatic Call Back; Automatic Recall; Call Trace; Caller Identification and related blocking features; Calling Number Delivery; Customer Originated Trace; Distinctive Ringing/Call Waiting; Selective Call Forward; and Selective Call Rejection.

  • Network Area means the 50 mile radius around the local school campus the Named Insured is attending.

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider.

  • Network Supply Point or "NSP" means any Point of Connection between:

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • The Works/Project means the works to be executed or done under this contract.

  • Digital Cross Connect System or "DCS" is a function which provides automated Cross Connection of Digital Signal Level 0 (DS0) or higher transmission bit rate digital channels within physical interface facilities. Types of DCS include but are not limited to DCS 1/0s, DCS 3/1s, and DCS 3/3s, where the nomenclature 1/0 denotes interfaces typically at the DS1 rate or greater with Cross Connection typically at the DS0 rate. This same nomenclature, at the appropriate rate substitution, extends to the other types of DCS specifically cited as 3/1 and 3/3. Types of DCS that cross connect Synchronous Transport Signal level 1 (STS-1 s) or other Synchronous Optical Network (SONET) signals (e.g., STS-3) are also DCS, although not denoted by this same type of nomenclature. DCS may provide the functionality of more than one of the aforementioned DCS types (e.g., DCS 3/3/1 which combines functionality of DCS 3/3 and DCS 3/1). For such DCS, the requirements will be, at least, the aggregation of requirements on the "component" DCS. In locations where automated Cross Connection capability does not exist, DCS will be defined as the combination of the functionality provided by a Digital Signal Cross Connect (DSX) or Light Guide Cross Connect (LGX) patch panels and D4 channel banks or other DS0 and above multiplexing equipment used to provide the function of a manual Cross Connection. Interconnection is between a DSX or LGX to a Switch, another Cross Connection, or other service platform device.

  • Interconnection Service(s) means any Interconnection, Resale Services, 251(c)(3) UNEs, Collocation, functions, facilities, products or services offered under this Agreement.