Product Period definition

Product Period means the time and date on which the right to use the Long Term Transmission Right commences and the time and date on which the right to use the Long Term Transmission Right ends;
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Product Period means the period of time beginning on the first Contract Day in respect of a specific Auction and ending at the end of the last Contract Day in respect of such Auction.
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Product Period means the total number of days in the period commencing from (and including) the Initial Date and ending on (but excluding) the Expiry Date.
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Examples of Product Period in a sentence

  • If the fallback procedure described in paragraph 1 and 2 of this Article cannot be implemented for the same Product Period, the respective Cross Zonal Capacities shall be offered in subsequent Capacity Allocation process.

  • Collaterals in the form of a Bank Guarantee shall be valid for the minimum period until at least thirty (30) days after the end of calendar month of the Product Period.

  • In an Auction Physical Transmission Rights are allocated separately for each individual hour of the Product Period therefore different amounts of MW per hour may be offered and separate Bids may be placed and different amounts of MW per hour may be allocated.

  • Payments shall be settled before the start of the Product Period if the Auction timeline allows so.

  • The Allocation Platform shall make the volumes of returned Long Term Transmission Rights available at the subsequent long term Auction, increasing the Offered Capacity announced in the provisional Auction Specification accordingly and equally for each hour of the Product Period.

  • If the settlement of an amount due for allocated Long Term Transmission Rights is not possible before the start of the Product Period then the payment will be settled at the next fixed invoice date.

  • If the first payment date of the Cross Zonal Capacity product with a duration of more than one (1) month occurs after the start of the Product Period, then the first payment shall include two (2) monthly instalments.

  • Collaterals in the form of a Bank Guarantee shall be valid for the minimum period until at least thirty (30) calendar days after the end of calendar month of the Product Period.

  • If the fallback procedure described in paragraph 1 and 2 of this Article cannot be implemented for the same Product Period, the respective Cross Zonal Capacities shall be offered in subsequent capacity allocation process (i.e. intraday allocation where applicable).

  • If the fallback procedure described in paragraph 1 and 2 of this Article cannot be implemented for the same Product Period, the Allocation Platform shall offer the respective Cross Zonal Capacities in subsequent Capacity Allocation process.


More Definitions of Product Period

Product Period means Auction Product. Auction Results means Auction Statistics. Cash Deposit means Cash on Deposit.
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Product Period means a continuous twelve month period, the first such period ending on June 30, 2000.
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Product Period means the period of time beginning on the first Contract
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Product Period means the period of time that Damex provides you with a licence to use and access the Damex Direct (OTC) services offered under these terms.
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Product Period means the period, usually between one and five years, during which the initial rates in respect of the Fixed Rate Loans are offered;
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Product Period means the time and date on which the right to use the intraday transmission right commences and the time and date on which the right to use the intraday transmission right ends;
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Related to Product Period

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Contract Period means the period from the Commencement Date to:

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Discount Period means, with respect to any Settlement Date or the Liquidity Termination Date, the period from and including the preceding Settlement Date (or if none, the date that the first Incremental Purchase is made hereunder) to but not including such Settlement Date or Liquidity Termination Date, as applicable.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Marketing Period means the first period of 15 consecutive Business Days throughout and at the end of which Purchaser shall have the Required Financial Information and such Required Financial Information shall be Compliant; provided that (i) such period shall commence no earlier than the earlier of (x) January 23, 2017 (which day shall be automatically extended on a day-by-day basis for each day (without duplication) after January 20, 2017 that either (A) the Audited Interim Financial Statements (or the 2016 Audited Financial Statements) have not been delivered to Purchaser or (B) the Restructuring Phase I Completion Date has not occurred, and (y) the first date that the conditions set forth in Section 8.1 shall be satisfied and nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 8.2 (other than conditions that by their nature cannot be satisfied until the Closing) to fail to be satisfied assuming the Closing Date were to be scheduled for any time during such 15 consecutive Business Day period, (ii) neither November 25, 2016 nor July 3, 2017 shall be deemed a Business Day for purposes of calculating such period (it being understood that if such day occurs after the commencement of such period, it shall be disregarded for purposes of calculating the consecutive Business Days constituting such period), (iii) if such period has not ended prior to December 19, 2016, then it will not commence until January 3, 2017 and (iv) if such period has not ended prior to August 19, 2017, then it will not commence until September 5, 2017. Notwithstanding anything in this definition to the contrary, the Marketing Period shall not commence or be deemed to have commenced if, following the delivery of the Required Financial Information but prior to the completion of such 15 consecutive Business Day period: (A) Seller has publicly announced its intention to, or determines that it must, restate any historical financial statements or other financial information included in the Required Financial Information, in which case, the Marketing Period shall not commence unless and until such restatement has been completed and the applicable Required Financial Information has been amended and updated; (B) the Transferred Company’s independent accountants shall have withdrawn any audit opinion with respect to any financial statements contained in the Required Financial Information, in which case the Marketing Period shall not be deemed to commence unless and until a new unqualified audit opinion is issued with respect to such financial statements for the applicable periods by the Transferred Company’s independent accountants or another independent accounting firm of national reputation; or (C) any such Required Financial Information would not be Compliant at any time during such 15 consecutive Business Day period (it being understood that if any Required Financial Information provided at the commencement of the Marketing Period ceases to be Compliant during such 15 consecutive Business Day period, then the Marketing Period shall be deemed not to have commenced until such Required Financial Information is Compliant); provided, further that if Seller shall in good faith reasonably believe it has provided the Required Financial Information, it may deliver to Buyer a written notice to that effect (stating when it believes it completed such delivery), in which case Seller shall be deemed to have complied with the foregoing requirements and the Marketing Period shall be deemed to have commenced on the date of delivery of such notice unless Buyer in good faith reasonably believes Seller has not completed the delivery of the Required Financial Information and that the Marketing Period has not commenced and, within three (3) Business Days after the delivery of such notice by Seller, delivers a written notice to Seller to that effect (stating with reasonable specificity which Required Financial Information Seller has not delivered).

  • Payment Period means the three months following each Collection Quarter.

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Qualified Project Period means Qualified Project Period as defined in Section 142(d) of the Internal Revenue Code.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Agreement Period means the period between the Agreement Date and the Expiry Date, unless terminated earlier on the Termination Date;