Reciprocal Entity definition

Reciprocal Entity means any entity that coordinates the future-looking management of Flowgate capability in accordance with a reciprocal agreement as described in the Congestion Management Process.
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Reciprocal Entity means a Party that coordinates the future-looking management of flowgate capacity in accordance with a reciprocal agreement as described in the Congestion Management Process.
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Reciprocal Entity means an Operating Entity that coordinates the future- looking management of Flowgate capability in accordance with a Reciprocal Coordination Agreement.
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Examples of Reciprocal Entity in a sentence

  • No such payment or expenditure by Licensor shall be construed as a waive of Licensee's default or of Licensee's obligation to perform any term, covenant or condition of this License Agreement nor shall it affect any other right or remedy of Licensor under this License Agreement.

  • The other Reciprocal Entity will review the studies and determine if they appear to support the request of the Reciprocal Entity conducting the study.

  • If a Reciprocal Entity believes that another Reciprocal Entity implementing the congestion management portion of this process has a significant impact on one of their Flowgates, but that Flowgate was not included in the Coordinated Flowgate list, the involved Reciprocal Entities will use the following process.

  • The ORS will review the studies of both the requesting Reciprocal Entity and the other Reciprocal Entity, and direct the participating Reciprocal Entities to take appropriate action.

  • When a Reciprocal Entity does not have sufficient Allocation on a Flowgate to approve a firm point-to-point or network service request made on OASIS and evaluated via automated request evaluation tools and the other Reciprocal Entity has a remaining Allocation, the deficient Reciprocal Entity will be able to acquire an Allocation from the Reciprocal Entity with the remaining Allocation.

  • Determine whether procedure(s) for managing congestion will differ based on where the Flowgate is located (i.e., inside Reciprocal Entity A, inside Reciprocal Entity B, or outside both Reciprocal Entity A and Reciprocal Entity B).

  • Nothing in this Agreement, whether express or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any person or entity that is not a Party or a permitted successor or assign; provided, that nothing in this Section shall affect the rights or obligations of any Reciprocal Entity under a Reciprocal Coordination Agreement.

  • Nothing in this section precludes an Operating Entity or Reciprocal Entity from calculating AFCs for any Flowgates.

  • Each Party and Reciprocal Entity shall bear its own costs, if any, of compliance with the Congestion Management Process and this Article.

  • Any new Control Areas that are added to the Firm Flow calculation process for any Reciprocal Entity, or another Operating Entity, will use Firm Transmission Service reservations from the initial Historic Firm Flow calculation date to establish their Firm Transmission Service component of the Historic Firm Flow.

Related to Reciprocal Entity

  • Local entity means any city, county, city and county, or joint powers authority within the state within whose jurisdiction a State Video Franchise Holder may provide Video Service.6

  • Tribal Entity means a federally-recognized tribal entity performing tribal governmental functions and eligible for funding and services from the U.S. Department of Interior by virtue of its status as an Indian tribe.

  • Reciprocal or "interinsurance exchange" means an unincorporated association of persons:

  • Non-federal entity means a state, local government, Indian tribe, institution of higher education, or nonprofit organization that carries out a federal award as a recipient or subrecipient.

  • Special Entity means any joint venture, limited liability company or partnership, general or limited partnership or any other type of partnership or company other than a corporation in which the Borrower or one or more of its other Subsidiaries is a member, owner, partner or joint venturer and owns, directly or indirectly, at least a majority of the equity of such entity or controls such entity, but excluding any tax partnerships that are not classified as partnerships under state law. For purposes of this definition, any Person which owns directly or indirectly an equity investment in another Person which allows the first Person to manage or elect managers who manage the normal activities of such second Person will be deemed to "control" such second Person (e.g. a sole general partner controls a limited partnership).

  • Reciprocal agreement means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act.

  • Municipal entity means an entity as defined in the Systems Act.

  • Local governmental entity means a county, municipality, school district, junior college district, or other political subdivision of this state or a local government corporation, board, commission, district, or authority to which a member is appointed by the commissioners court of a county, the mayor of a municipality, or the governing body of a municipality. The term does not include an association, corporation, or organization of governmental entities organized to provide to its members education, assistance, products, or services or to represent its members before the legislative, administrative, or judicial branches of the state or federal government.

  • Group Member Agreement means the partnership agreement of any Group Member, other than the Partnership, that is a limited or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership, limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time.

  • Regional Entity shall have the same meaning specified in the Operating Agreement.

  • School entity means a school district, intermediate

  • Reciprocity means the reciprocal grant by one jurisdiction of operating rights or privileges in properly registered vehicles registered by another jurisdiction, especially but not exclusively including privileges generally conferred by vehicle registration.

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • financial entity means the following entities which meet such criteria or conditions as the Central Government may, in consultation with the financial sector regulator, notify in this behalf, namely:

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Joint Venture Agreements means the Organization Documents of any Joint Venture existing from time to time.

  • Educational entity means a public school district,

  • Joint Venture Agreement has the meaning set forth in the Recitals.

  • PILOT Agreement means the Agreement for Payments in Lieu of Ad Valorem Taxes entered into by and among the Board, the Company, the City and the County.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Operating Agreements means the management agreements, service contracts, supply contracts, leases (other than the Leases) and other agreements, if any, in effect with respect to the construction, ownership, operation, occupancy or maintenance of the Property. All of the Operating Agreements in force and effect as of the date hereof are listed on Exhibit E attached hereto.

  • Interconnection Agreements means, collectively, (a) an agreement by and among Owner, TransÉnergie and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the U.S. Border of the NECEC Transmission Line with the Québec Line and (b) an agreement by and between Owner and ISO-NE that sets forth such parties’ respective rights and obligations following the interconnection at the Delivery Point of the NECEC Transmission Line with certain transmission facilities operated by ISO-NE. The Interconnection Agreements shall address cost responsibilities among entities other than the Distribution Company and the other RFP Sponsors and shall include provisions, both technical and otherwise, for safe and reliable interconnected operations of the HVDC Transmission Project following Commercial Operation (including use of the HVDC Transmission Project for the delivery of electric power in emergency circumstances).

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Company Joint Venture means, with respect to the Company, any corporation or other entity (including partnerships, limited liability companies and other business associations and joint ventures) in which the Company, directly or indirectly, owns an equity interest that does not have voting power under ordinary circumstances to elect a majority of the board of directors or other person performing similar functions but in which the Company has rights with respect to the management of such Person.