Pooling and Settlement Agreement definition

Pooling and Settlement Agreement means the agreement of that title approved by the Secretary of State as from time to time amended.

Pooling and Settlement Agreement means the agreement dated 30th March, 1990 (as amended and restated as at 22nd April, 1994) made by Eastern Electricity plc with The National Grid Company plc and others setting out the rules and procedures for the operation of an electricity trading pool and of a settlement system and, while the same has effect, the Initial Settlement Agreement also dated 30th March, 1990 and made between the same parties, in each case as in force on the date of the Pricing Supplement.

Pooling and Settlement Agreement means the agreement of that title approved

Examples of Pooling and Settlement Agreement in a sentence

• BSC Section N ‘Clearing, Invoicing and Payment’ and Balancing and Settlement Code Procedure (BSCP) 301 were largely created from their equivalent predecessors under the Pooling and Settlement Agreement.

• The relationship between the Parties with respect to Energy Metering Equipment shall be regulated in accordance with the Pooling and Settlement Agreement.

• Notwithstanding the provisions of Sub-Clause 9.2, if any fact or matter set out in the Monthly Statement shall be inconsistent with any fact or matter set out in a final run of the Settlement calculation issued by the Settlement System Administrator under the Pooling and Settlement Agreement, the facts and matters set out in the Settlement calculation or which, following a dispute, it is found or agreed should be there set out shall be binding upon both Parties.

• Users of the system have some say in the allocation of losses at present, through participation in the Balancing and Settlement Code and previously through the Pooling and Settlement Agreement (P&SA).7 Given that withdrawing existing rights is a separate and conscious regulatory decision from the BSC Panel and ratified by Ofgem, any decision about losses needs to take into account the consequences for economic efficiency.

• Such access and copies shall be obtained from the Settlement System Administrator appointed under the Pooling and Settlement Agreement from time to time provided always that if the Settlement System Administrator fails to provide such access and copies at NGC's request the User shall supply any such meter readings in the possession of the User direct to NGC.

More Definitions of Pooling and Settlement Agreement

Pooling and Settlement Agreement means the pooling and settlement agreement dated 30 March 1990 made between REC and the National Grid Company Plc and others setting out the rules and procedures for the operation of an electricity trading pool and of a settlement system in England and Wales;

Pooling and Settlement Agreement means the agreement dated 30th March 1990 (as amended and restated as at 22nd April 1994) made by the Issuer and Manweb with The National Grid Company plc and others setting out the rules and procedures for the operation of an electricity trading pool and of a settlement system and, while the same has effect, the Initial Settlement Agreement also dated 30th March 1990 and made between the same parties, in each case as in force on the date of the relevant Pricing Supplement;

Pooling and Settlement Agreement means the Pooling and Settlement Agreement dated 30th March 1990;

Pooling and Settlement Agreement means the pooling and settlement agreement dated 30 March 1990 made between REC and the National Grid Company Plc and others setting out the rules and procedures for the operation of an electricity trading pool and of a settlement system in England and Wales and any agreement replacing such pooling and settlement agreement from time to time;

Pooling and Settlement Agreement means the agreement of that title approved by the Secretary of State as from time to time amended with the approval of the Director (where so required pursuant to its terms).

Pooling and Settlement Agreement means an agreement dated 30th March, 1990 made by TEG with the National Grid Company plc and others setting out the rules and procedures for the operation of an electricity trading pool and of a settlement system (and, while the same has effect, the "INITIAL SETTLEMENT AGREEMENT" also dated 30th March, 1990 and made between the same parties), as amended from time to time.

Pooling and Settlement Agreement means the agreement of that title approved by the Secretary of State as from time to time amended. "related undertaking" in relation to any person means any undertaking in which such person has a participating interest. “relevant documents” “relevant documents” for the purposes of standard condition 19B (BETTA run-off arrangements scheme) only, has the meaning given in that condition "relevant proportion" for the purposes of standard condition 4 (Payments by the Licensee to the Authority) only, has the meaning given in that condition. "relevant year" for the purposes of standard condition 4 (Payments by the Licensee to the Authority) only, has the meaning given in that condition. "remote transmission assets" means any electric lines, electrical plant or meters in England and Wales owned by a transmission licensee (the "owner transmission licensee") which