Standard Service Requirements definition

Standard Service Requirements means the wholesale power that is supplied at all times and in quantities reflecting the full requirements for power of Retail Customers purchasing Standard Service from CL&P at the percentage of the Standard Service Load stated in the applicable Service Attachment(s), and includes all the Power Services that are required during the applicable Service Term(s). Standard Service Requirements shall be fixed in percentage but vary in quantity based on the actual consumption of Retail Customers taking Standard Service.
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Examples of Standard Service Requirements in a sentence

  • Nothing in this Agreement shall be construed as creating any relationship between the Parties other than that of independent contractor for the sale and purchase of CL&P Standard Service Requirements and/or LRS Requirements.

  • Charge Provisions For and in consideration of the sale by Seller to Buyer of Standard Service Requirements and/or LRS Requirements, Buyer shall pay the per unit charges set forth in the applicable Service Attachment(s) for the On-Peak SBA(s) and Off-Peak SBA(s) calculated in accordance with Article 5..

  • Seller’s provision and sale of Standard Service Requirements and/or LRS Requirements shall be pursuant to its Electric Rate Schedule No. [To be completed – See RFP Appendix 1, Form II] on file with FERC (“Seller’s Tariff”); provided, however, that in the event of any inconsistency between the provisions of this Agreement and the provisions of Seller’s Tariff, the provisions of this Agreement shall apply to the extent permissible by law.

  • Billing Determinants, Metering and New England Markets Implementation On-Peak SBA(s) and Off-Peak SBA(s) shall be determined on a monthly basis for the percentages of the Standard Service Requirements and/or LRS Requirements set forth in any Service Attachment(s), by Standard Service Customer Class or by LRS Group, as appropriate.

  • Seller and Buyer shall each comply with the procedures, rules and regulations of ISO and NEPOOL and the requirements of the ISO Documents as they may apply to the purchase, sale and delivery of Standard Service Requirements and/or LRS Requirements and the satisfaction of their respective obligations under this Agreement.

  • Following execution of each Service Attachment through the end of the last Service Term, Buyer will use reasonable efforts to supply Seller with preliminary hourly load obligations and daily UCAP Peak Contribution Value (ICAP tags) for Standard Service Requirements and/or LRS Requirements, as applicable pursuant to any Service Attachment(s), after approximately thirty-seven (37) hours on Business Days after the close of the day.

  • Title and Risk of Loss Title to and risk of loss related to the Standard Service Requirements and/or LRS Requirements shall transfer from Seller to Buyer at the Delivery Point.

  • Seller shall be responsible for all transmission and distribution delivery costs, if any, required to deliver Standard Service Requirements and/or LRS Requirements to the PTF from Seller’s generation or power source(s) that are not interconnected to the PTF.

  • Sale and Purchase of Standard Service Requirements and/or LRS Requirements Seller shall supply the percentage of Standard Service Requirements and/or LRS Requirements in accordance with this Agreement and pursuant to the provisions of any applicable Service Attachment(s).

  • Buyer shall purchase the Standard Service Requirements and/or LRS Requirements in accordance with this Agreement and pursuant to any applicable Service Attachment(s).

Related to Standard Service Requirements

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • performance requirement means a requirement that:

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Debt Service Requirement means, as of any date of calculation with respect to the Bonds, the sum of (i) all interest due or to become due on such date on all Outstanding Bonds plus (ii) all Principal Installments due or to become due on such date on all Outstanding Bonds or, if no Principal Installment is due and payable on such date on any Outstanding Bonds, one- half of the Principal Installments, if any, due and payable on all Outstanding Bonds on the next succeeding Interest Payment Date.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Standard Service means Facilities which meet good economic electric industry practice including safety, reliability and operating criteria and standards consistent with the particular characteristics of service as determined by FortisAlberta acting reasonably;

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • End Client Requirements means the specific requirements of the End Client, as notified to the Supplier in writing;

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Monitoring Requirements Schedule means the Schedule containing details of the monitoring arrangements.

  • Service Levels means the service levels to be met by the Services as referenced in the Contract Letter and set out in the Specification Schedule.

  • JSE Listings Requirements means the Listings Requirements of the JSE applicable from time to time;

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Web Site Accessibility Standards/Specifications means standards contained in Title 1 Texas Administrative Code Chapter 206.

  • Technical Requirements means the Technical Requirements in Section VII of the tendering documents.

  • Standard Listing Conditions has the meaning ascribed thereto in subsection 4(a)(iv);