Examples of Other Market in a sentence
Except not explicitly defined in the Other Market Rules Chapter 1 the capitalised and uppercase terms defined in this Capacity Contract shall be taken as reference.
The offered Balance Group Management service has been implemented pursuant to the provisions of the Austrian Natural Gas Xxx 0000, the Other Market Rules (Sonstige Marktregeln, SoMa), the General Terms and Conditions for Transmission Network Access of TAG GmbH and the Capacity Contract stipulated between the System User and TAG GmbH.
The definitions shall be those given in Chapter 1 of the Other Market Rules (Sonstige Marktregeln, SoMa).
All settlement revenues, costs, penalties, and ERCOT or Other Market fees (as determined consistent with the provisions of Sections 2.6, 2.7 and 2.8) would be passed through to Customer based on the schedules communicated to EPMI.
In each such Other Market, the services provided and terms of such service shall be consistent with the requirements established by the pertinent regulatory authority therein and as generally provided in agreement(s) for such services offered by EPMI to third parties in such Other Market, if any, and Tthis Agreement shall be amended to reflect such new or modified terms of any agreements regarding Services in Other Markets..
If EPMI’s initial capital and labor expenses to provide Other Market Services (“Investment”) is less than $5 million in any Other Market, Customer shall pay EPMI a fee equal to the higher of (i) $2,000 per month or (ii) $0.10 per MWh scheduled for scheduling services only, or $0.15 per MWh scheduled for both scheduling and settlement services, for each Other Market where EPMI provides Other Market Services (as determined consistent with the provisions of Section 2.4).
Additionally, in the event EPMI desires to provide such services to Customer following completion of the pertinent qualification in an Other Market but prior to satisfaction of the preconditon stated in Section 2.4(a)(ii), EPMI may give notice thereof to Customer and the Parties shall mutually agree to a commercially reasonable start date for such services to begin hereunder.
Immediately upon an agreement being reached in such Other Market, the referenced preconditions in Section 2.4(a) being satisfied or at such time as the satisfaction thereof is imminment, EPMI shall provide written notice thereof to Customer, and EPMI and Customer shall mutually agree to a commercially reasonable start date for such services to begin hereunder.
If such agreement cannot be attained, both Parties are excused from their obligations under this Agreement for that particular Other Market.
The offered Balance Group Management service has been implemented pursuant to the provisions of the Austrian Natural Gas Act 2011, the Other Market Rules (Sonstige Marktregeln, SoMa), the General Terms and Conditions for Transmission Network Access of TAG GmbH and the Capacity Contract stipulated between the System User and TAG GmbH.