Thermal Year definition

Thermal Year means that period commencing at 06:00 hours on the 1st of October and ending on the immediately succeeding 1st of October at 06:00 hours. [“Anno Termico” in the Italian text]
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Examples of Thermal Year in a sentence

  • The access credentials for the Capacity Portal Service shall be valid until the end of the Thermal Year [20../20..], at the expiration of which the THIRD PARTY EXCHANGE shall expressly request the Transport, with suitable advance notice, to issue new credentials for accessing the Service.

  • The counterparties accept that the validity of the annexes is automatically extended to the following Thermal Year in case of Transportation Contract signing for the subsequent Thermal Years.

  • The access credentials for the Capacity Portal Service shall be valid until the end of the Thermal Year [2014/2015..], at the expiration of which the PSV TRADER shall expressly request the Transport, with suitable advance notice, to issue new credentials for accessing the Service.

  • The payment due for the service under this Contract is to be determined by applying, for each Thermal Year it is valid, the rates for the transport and dispatch of natural gas approved by Resolution of the Electricity and Gas Authority.

Related to Thermal Year

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at October 1st 06:00 hours (Belgian time) of the next year.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;