PS Transmission Payments definition
PS Transmission Payments means any amount payable by a PS Gas Supplier in respect of the provision of gas conveyance services on the Postalised System under Condition 2A.2.1.7 (Entry Overrun Charges and Exit Ratchet Charges); Conditions 2A.2.5.5 (Monthly Postalised Payments); 2A.3.4 (Debt Payments); and 2A.2.6.4 (Reconciliation Payments); and 2A.2.5.2(c) (Auxiliary Payments) and 2A.2.6.6 (Supplemental Payments) under each Designated Pipe-Line Operator’s Respective Licence; “Quantity Figures” shall have the meaning ascribed to that term in Condition 2A.2.3.1(b); “Quarter” means each successive three calendar month period in a Gas Year, the first of which shall run from and including 05:00 hours 01 October until 05:00 hours 01 January in that Gas Year; and “Quarterly” shall be construed accordingly; “Quarterly Capacity Quantities” means for each Capacity Product the aggregate of Firm Annual Capacity or Firm Non Annual Capacity held by all Gas Suppliers in a Quarter; “Quarterly Exit Quantity” means the aggregate of Exit Quantities in a Quarter; “Reconciliation Payment” means the Capacity Reconciliation Payment and the Commodity Reconciliation Payment; “Reconciliation Payment Formulae” means the formulae contained in Conditions 2A.2.6.4(a) to (e) and 2A.2.6.5 in accordance with which Reconciliation Payments shall be calculated; “Recovery” means any amount (other than a Debt Payment) paid by or on behalf of a PS Gas Supplier either directly into the PoT Account or to a Designated Pipe-line Operator and subsequently paid by that Designated Pipe-line Operator into the PoT Account, in full or partial satisfaction of any PS Notified Debt attributable to that PS Gas Supplier;
PS Transmission Payments means any amount payable by a PS Gas Supplier in respect of the provision of gas conveyance services on the Postalised System under Condition 2A.2.1.7 (Overrun Charges); Conditions [2A.2.2.15.5] (Monthly Postalised Payments); 2A.2.2.23.4 (Debt Payments); and 2A.2.2.36.4 (Reconciliation Payments); 2A.2.5.12(c) (Auxiliary Payments) and 2A.2.6.46 (Supplemental Payments) under each Designated Pipe-Line Operator’s Respective Licence; “Quantity Figures” shall have the meaning ascribed to that term in Condition 2A.2.3.1(b); “Quarter” means each successive three calendar month period in a Gas Year, the first of which shall run from and including 0605:00 hours 01 October until 0605:00 hours 01 January in that Gas Year; and “Quarterly” shall be construed accordingly; “Quarterly Exit Quantity” means the aggregate of Exit Quantities in a Quarter; “Reconciliation Payment” means the Capacity Reconciliation Payment and the Commodity Reconciliation Payment; “Reconciliation Payment Formulae” means the formulae contained in ConditionConditions 2A.2.6.34(a) to (e) and 2A.2.6.5 in accordance with which Reconciliation Payments shall be calculated; “Recovery” means any amount (other than a Debt Payment) paid by or on behalf of a PS Gas Supplier either directly into the PoT Account or to a Designated Pipe-line Operator and subsequently paid by that Designated Pipe-line Operator into the PoT Account, in full or partial satisfaction of any PS Notified Debt attributable to that PS Gas Supplier; “Relevant Charge Date” shall have the meaning ascribed to that term in Condition 2A.2.5.47;
PS Transmission Payments means any amount payable by a PS Gas Supplier in respect of the provision of gas conveyance services on the Postalised System under Conditions 2A.2.2.1 (Monthly Postalised Payments); 2A.2.2.2 (Debt Payments); and 2A.2.2.3 (Reconciliation Payments); 2A.2.5.1(c) (Auxiliary Payments) and 2A.2.6.4 (Supplemental Payments) under each Designated Pipe-Line Operator’s Respective Licence;
More Definitions of PS Transmission Payments
PS Transmission Payments means any amount which a Primary DPO is obliged or entitled to
PS Transmission Payments means any amount which a Primary DPO is obliged or entitled to charge to the Licensee in respect of the provision of gas conveyance services on the Postalised System under such Primary DPO’s licence to convey gas; “Quarter” means each successive three calendar month period in a Gas Year, the first of which shall run from and including 05:00 hours 01 October until 05:00 hours 01 January in that Gas Year; and “Quarterly” shall be construed accordingly. “Terms of Reference” means the terms of that name appended to the Network Code which govern the operation of the Credit Committee; “Transit Point” means a point of interconnection between a Designated Network and another pipeline forming part of the Postalised System;