Market Participant means an entity that, for its own account, produces, transmits, sells, and/or purchases for its own consumption or resale capacity, energy, energy derivatives and ancillary services in the wholesale power markets. Market Participants include transmission service customers, power exchanges, Transmission Owners, load serving entities, loads, holders of energy derivatives, generators and other power suppliers and their designated agents.
Relevant Market means the market for overnight cash borrowing collateralised by US Government securities.
Relevant market area means as follows:
Clearing Participant means a person admitted as a participant under the Clearing Rules.
relevant Minister means the Secretary of State or the Minister for the Cabinet Office;
Reporting Participant means a Participant who is subject to the reporting requirements of Section 16 of the Exchange Act.
Relevant Stock Exchange for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent.
U.S. Participant means a Participant who is a citizen of the United States or a resident of the United States, as defined in section 7701(a)(30)(A) and section 7701(b)(1) of the Code and any other Participant who is subject to tax under the Code with respect to compensatory awards granted pursuant to the Plan;
Market Participant Energy Withdrawal means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Demand Bids, Decrement Bids, real-time load (net of Behind The Meter Generation expected to be operating, but not to be less than zero), internal bilateral transactions and Export Transactions, as further described in the PJM Manuals.
relevant day means any day other than a Saturday, Sunday or a day which is a public holiday at the Postal Address of the receiving party;
Auction Participant or “Bidder” means a Person or Persons who submitted a bid as per the E- Auction Process Memorandum; and shall include a Qualified Bidder or the Successful Bidder and as the context requires;
CDS Participant means a participant in CDS that holds security entitlements in Units on behalf of beneficial owners of those Units;
exempt market dealer means a person or company registered in the category of exempt market dealer;
Capacity Resource Clearing Price means the price calculated for a Capacity Resource that offered and cleared in a Base Residual Auction or Incremental Auction, in accordance with Tariff, Attachment DD, section 5.
Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.
Current Participant means a person who participated in the Plan during the Class Period and had an Active Account on May 11, 2018.
Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.
L/C Participant shall have the meaning provided in Section 3.3(a).
Relevant Clearing System means (i) Euroclear, (ii) Clearstream, Luxembourg, or (iii) any other recognised clearing system in which ETP Securities of a Series may be cleared.
the London Stock Exchange means London Stock Exchange plc;
FTR Participant means any Market Participant that provides or is required to provide Collateral in order to participate in PJM’s FTR auctions.
Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;
London Stock Exchange means London Stock Exchange plc;
Authorised Participant means the Initial Authorised Participant, the Second Authorised Participant and any Additional Authorised Participant.
Recognised Market means any stock exchange or market specified in the Prospectus provided that, with the exception of permitted investments in unlisted securities and off- exchange derivative instruments, investment in securities or financial derivative instruments will be made only in securities or financial derivative instruments listed or traded on an exchange or market (including derivative markets) which meets the regulatory criteria (regulated, operating regularly, recognised and open to the public) and which is listed in the Prospectus.
Spot Market Backup means the purchase of energy from, or the delivery of energy to, the PJM Interchange Energy Market in quantities sufficient to complete the delivery or receipt obligations of a bilateral contract that has been curtailed or interrupted for any reason.