Short Term Capacity Rights definition

Short Term Capacity Rights means Firm Capacity Rights (including SBUs) which are booked with EKB for less than twelve (12) months and the term "Short Term" shall be construed accordingly. Capacity Rights shall not be regarded as Short Term Capacity Rights:
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Examples of Short Term Capacity Rights in a sentence

  • Examples of when EKB's credit risk may increase include, with- out limitation, if (a) the Storage User acquires additional Booked Capacity Rights (including Short Term Capacity Rights) or (b) in EKB's reasonable opinion the Storage User's or Credit Support Provider's creditworthiness has deteriorated.

  • EKB shall offer Storage Users Short Term Capacity Rights in the quantities and at the Unit Tariffs set out on the Storage Website from time to time.

  • Such demand may be made at any time during the term of the Storage Service Agreement including, in particular, upon signature or assignment of a Storage Service Agreement and upon booking of additional Capacity Rights (including the acquisition of Booked Capacity Rights by means of a Capacity Assignment or booking of Capacity Rights in accordance with‌ § 15.12 or the booking of Short Term Capacity Rights).

  • Short Term Capacity Rights booked by a Storage User shall be recorded by an update of the Storage User's Capacity Rights Account (and confirmed in writing by EKB if so requested by the Storage User) but shall not require an amendment to the relevant Storage Service Agreement.

  • Any Short Term Capacity Rights booked by a Storage User shall form part of its Booked SBUs or Booked Unbun- dled Capacity Rights for the period of the booking.

  • A Storage User who books any Short Term Capacity Rights shall pay the Unit Tariff for such Short Term Capacity Rights that was agreed with EKB at the time of booking.

  • The Unit Tariffs payable by the Storage User for Short Term Capacity Rights shall be as published on the Storage Website or agreed with EKB from time to time.

  • Such demand may be made at any time during the term of the Storage Service Agreement including, in particular, upon signature or assignment of a Storage Service Agreement and upon booking of additional Capacity Rights (including the acquisition of Booked Capacity Rights by means of a Capacity Assignment or booking of Capacity Rights in accordance with § 15.12 or the booking of Short Term Capacity Rights).

Related to Short Term Capacity Rights

  • Short-term suspension means any disciplinary action whereby a student is not permitted to attend school for a period not to exceed ten school days.

  • Short Term Loan means a loan transfer for a period of no fewer than 28 days in any one season.

  • short-term debt means debt repayable over a period not exceeding one year;

  • Local Capacity Area has the meaning set forth in the CAISO Tariff.

  • Short-term acute care facility means a facility or Hospital that provides care to people with medical needs requiring short-term Hospital stay in an acute or critical setting such as for recovery following a surgery, care following sudden Sickness, Injury, or flare-up of a chronic Sickness.

  • Short Term means a period of one or less than one (1) year;

  • Short-Term Rating has the meaning specified in the Intercreditor Agreement.

  • High Quality Short-Term Debt Instrument means any instrument having a maturity at issuance of less than 366 days and which is rated in one of the highest two rating categories by a Nationally Recognized Statistical Rating Agency (Moody’s and S&P).

  • Short-Term Payout means the payout set forth in Section 4.1.

  • Short-Term Deferral Period means the period ending on the later of the 15th day of the third month following the end of the Executive’s tax year in which the separation from service occurs and the 15th day of the third month following the end of the Company’s tax year in which the separation from service occurs; and

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Short-Term Disability means short-term disability as defined in the Corporation’s short-term disability plan.

  • High Quality Short-Term Debt Instruments means any instrument that has a maturity at issuance of less that 366 days and that is rated in one of the two highest rating categories by a Nationally Recognized Statistical Rating Organization.

  • Short-term employee A person who is employed to perform a service for the District, upon the completion of which the service required or similar services will not be extended or needed on a continuing basis. (Short-term employees include: hourly, casual and temporary classified employees.)

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • Short-Term Investments means short-term investments as defined by GAAP.

  • Short-term rental means the provision of a room or space that is suitable or intended for occupancy for dwelling, sleeping, or lodging purposes, for a period of fewer than 30 consecutive days, in exchange for a charge for the occupancy.

  • High voltage bus means the electrical circuit, including the coupling system for charging the REESS that operates on a high voltage.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Support Terms means the detailed description of the applicable Support Services as specified at xxxxx://xxx.xxx.xxx/corp/legal/.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Final RTO Unforced Capacity Obligation means the capacity obligation for the PJM Region, determined in accordance with RAA, Schedule 8. Financial Close: