Rules and Procedures means a recognised organisation’s requirements for the design, construction, equipment, maintenance and survey of ships;
Rules and Procedures means a recognised organisation’s requirements for the design, construction, equipment, main tenance and survey of ships;
Rules and Procedures has the meaning set forth in Section 7.1(c).
More Definitions of Rules and Procedures
Rules and Procedures means standards adopted by the Bank from time to time, which govern the operation of the KEPSS and the conduct of inter-bank Settlement.
Rules and Procedures means these Rules and Procedures and standards adopted by the Bank from time to time, which govern the operation of the UNISS and the conduct of inter-bank Settlement.
Rules and Procedures means a recognised organisation’s requirements for the design, con- struction, equipment, maintenance and survey of ships;
Rules and Procedures means this Rules and Procedures established in accordance with subsection 37 of the Act;
Rules and Procedures. Consistent with this Schedule 13, the implementation of its provisions shall further be detailed, defined and carried out pursuant to the Agreement and Market Rules. SCHEDULE 14 Financial Congestion Rights ("FCRs") The System Operator shall implement and administer a system of Financial Congestion Rights ("FCRs") as provided for below.
A. FCR Holder Status and Transfer of FCRs: FCRs shall be awarded to winning bidders in the mandatory FCR Auctions pursuant to Section F below and may be acquired in the subsequent bilateral market from FCR Holders. An entity that acquires an FCR through the FCR Auction shall automatically be recognized by the System Operator as the registered FCR Holder of that FCR, subject to having already met the eligibility criteria for bidding in the FCR Auction. The registered FCR Holder shall be entitled to receive or be obligated to make FCR Payments arising from such FCR in accordance with Section C. An entity that acquires an FCR through the FCR Auction or through a subsequent bilateral transaction may elect to hold it, sell it in the FCR Auction or sell it bilaterally. The registered FCR Holder of an FCR sold in a bilateral transaction will continue to be the FCR Holder for that FCR unless it submits a confirmation of the sale to the System Operator in accordance with the Market Rules. The System Operator upon receipt of such a confirmation will transfer record ownership on its register. The purchaser of an FCR in a bilateral transaction that is not recorded on the System Operator's register receives only a contractual right against the seller of the FCR and has no rights or obligations in settlement or in the Energy market. An entity who subsequently acquires an FCR from an FCR Holder through a bilateral transaction must meet applicable criteria established by the Participants Committee, including creditworthiness criteria, to be the FCR Holder of that FCR and secure the associated rights and obligations. The System Operator shall settle FCRs only with the registered FCR Holders. At any given time, each FCR shall have only one registered FCR Holder.
Rules and Procedures. Consistent with this Schedule 14, the implementation of its provisions shall further be detailed, defined and carried out pursuant to the Market Rules. SCHEDULE 15 Auction Revenue Rights Auction Revenue Rights ("ARRs") are rights to receive FCR Auction Revenues from the sale of FCRs other than FCRs sold by FCR Holders. ARRs shall be determined and allocated to Congestion Paying Entities, Transmission Customers and NEMA LSEs (including any of the foregoing that are parties to Excepted Transactions that are included in the list of transactions in Attachments G and G-2 of the Tariff), using a four-stage process as described below (the "ARR Allocation").
A. First Stage of ARR Allocation
Rules and Procedures means those rules and procedures adopted by the Housing and Residential Rent and Relocation Board for implementation of this chapter.