Oversubscription Capacity definition

Oversubscription Capacity means firm capacity offered in addition to the technical capacity of an interconnection point;
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Oversubscription Capacity or “OS Capacity” means in respect of a given time, an amount of additional capacity (in kWh/day) (not exceeding the Entry Point Additional Capacity) which is available for allocation on a firm basis or is allocated on a firm basis at an Entry Point, for a duration of one Day as a result of the availability of Entry Point Additional Capacity and as determined in accordance with the OS Scheme and the Network Code; “OS Charging Statement” has the meaning given in the OS Conditions; “OS Conditions” means Condition 2A.2.1.11 to Condition 2A.2.1.21; “OS Procedure” has the meaning given to it in the OS Conditions; “OS Scheme” has the meaning given to it in the OS Conditions; “OS Services” has the meaning given in the OS Conditions; “Postalised Charges” means the Forecast Postalised Charges and/or the Year-End Postalised Charges as the case may be; “Postalisation Conditions” means the Conditions in Part 2A and the OS Conditions; “Postalised System” or “PS” means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force at such time; “PoT Account” shall have the meaning ascribed to that term in Condition 2A.5.3.1(a); “Primary DPO” means the Designated Pipe-line Operator holding a licence to convey gas in respect of a part of the Postalised System on which the PS Gas Supplier is entitled to exit gas; “PSA” shall have the meaning ascribed to that term in Condition 2A.4.1.1;
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Oversubscription Capacity means additional firm capacity made available for allocation as Daily Capacity as a result of the OS Scheme.
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Examples of Oversubscription Capacity in a sentence

  • Under Section 12, Moffat Non-IP Entry Capacity may be permanently withdrawn from the Stranraer Shipper under LTUIOLI rules and/or may be offered as Oversubscription Capacity at the Moffat Interconnection Point.

  • Oversubscription Capacity is IP Entry Capacity which is to be offered to Shippers as part of Allocable IP Entry Capacity in an Auction.

  • Team’s findingsThe home meets this expected outcome The home has processes to ensure the management of residents’ continence needs in an effective and dignified manner.

  • All solar energy produced by your Oversubscription Capacity will become your Solar Energy for purposes of this Agreement.

  • Section 7 is the OS Charging Statement and describes how Oversubscription Capacity is to be charged for.Sections 8 and 9 set out how the revenue obtained from any sale of Oversubscription Capacity, and/or required to buy back capacity, is treated under the incentive scheme.

  • Oversubscription Capacity is firm capacity which is offered as a result of the availability of Entry Point Additional Capacity1 and is intended to release to the market capacity which has been sold but is not being used.

  • The intended purpose of Oversubscription Capacity is to release (to the market) IP Entry Capacity which has been sold but is not being used.On any day where Oversubscription Capacity has been sold to Shippers, the Transporter may also buy back capacity, if need be.

  • For the purposes of this Code, “Additional IP Entry Capacity” comprises any of: (a) IP Entry Capacity made available from time to time as a result of Surrender Offers in accordance with Section 1A.17; (b) IP Entry Capacity made available from time to time as a result of the application of the LTUIOLI Procedures in accordance with Section 1A.18; and (c) Oversubscription Capacity made available from time to time as a result of the implementation of the OS Scheme and CMP Methodology Statement.

  • We will give you fifteen (15) days written notice if we accept all or a portion of your request for Oversubscription Capacity.

  • The amount of your request for Oversubscription Capacity, if any, is shown on the cover page of this Agreement.


More Definitions of Oversubscription Capacity

Oversubscription Capacity means additional firm capacity made available for allocation as Daily Capacity as a result ofin accordance with the OS Scheme.
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Related to Oversubscription Capacity

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • basic subscription privilege means a privilege to subscribe for the number or amount of securities set out in a rights certificate held by the holder of the rights certificate;