Passive TSO definition

Passive TSO. Means the transmission system operator who is adjacent to the Active TSO and receives the single sided nominations forwarded by the Active TSO.
Passive TSO means, for the purposes of Single-Sided Nominations, the transmission system operator on the other side of the Interconnection Point from the Active TSO;
Passive TSO means, in respect of Single-Sided Nominations, the TSO that is not the Active TSO pursuant to the Article 12.12 of this Network Code;

Examples of Passive TSO in a sentence

  • It should be noted that within this process, the Passive TSO has to process all single sided (re-)nominations that have been received from the Active TSO as if it would be a (re-)nomination sent by his own Network User, to ensure that the validation rules are respected.


More Definitions of Passive TSO

Passive TSO. Means the transmission system operator who is adjacent to the Active TSO and receives the single sided nominations forwarded by the Active TSO. Physical Delivered Quantity: Means the Gas Quantity delivered in VIP IBERICO. Processed Quantity or Processed Quantities: Means the quantity of gas determined by the initiating TSO and by the matching TSO, which takes into account the Shippers’ nomination or re-nomination and contractual provisions as defined under the relevant transport contract and which is used as the basis for the matching process. Means the subsequent reporting of a corrected nomination. Re-nomination Cycle: Means the process carried out by the transmission system operator in order to provide a Shipper with the message regarding the Confirmed Quantities following the receipt of a re-nomination.
Passive TSO means the TSO at the other side of the Interconnection Point than the Active TSO and at the same side of the Interconnection Point as the Passive Shipper.
Passive TSO means, in respect of Single-Sided Nominations, the TSO that is not the Active TSO in accordance with the Article 14.1 of this Network Code;

Related to Passive TSO

  • Passive NFE Under the CRS a “Passive NFE” means any NFE that is not an Active NFE. An Investment Entity located in a Non-Participating Jurisdiction and managed by another Financial Institution is also treated as a Passive NFE for purposes of the CRS.

  • Passive RFID tag means a tag that reflects energy from the reader/interrogator or that receives and temporarily stores a small amount of energy from the reader/interrogator signal in order to generate the tag response. The only acceptable tags are EPC Class 1 passive RFID tags that meet the EPCglobal\TM\ Class 1 Generation 2 standard.

  • Passive NFFE means any NFFE that is not (i) an Active NFFE, or (ii) a withholding foreign partnership or withholding foreign trust pursuant to relevant U.S. Treasury Regulations.

  • Progressive discipline means a process of applying and documenting disciplinary actions progressing from less to more serious depending on the employee’s history and the nature of the offense.

  • Passive investor means a person that: