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

  • STOGIT proceeds with the simulations for the following Thermal Year so as to allow all the necessary elements to be published no later than 1 February prior to the start of that Thermal Year.

  • The automatic renewal is understood as having been executed if no communication of termination is received from the Banking Institution that has issued the guarantee according to the procedures detailed in the text of the same by the end of the fifth month prior to the end of the Thermal Year to which the Guarantee refers, or of each Thermal Year for which the Guarantee has been renewed.

  • With regard to the capacity commitments for the multi- annual transport service, the Shipper may present a guarantee lasting one year that indicates automatic renewal at the end of each subsequent Thermal Year up to the expiry of the sixth month after the deadline of the last Thermal Year that is the object of the Transportation Contract.

  • The resolution 49/2015/R/gas of 12 February 2015 defines the provisions relating to the booking of storage capacity for the 2015/2016 Thermal Year and defines the tariffs that apply to the storage service.

  • During the Thermal Year planning the use of the fields, as in the previous clause, is updated on the basis of effectively recorded final balances and SHIPPERS’ programmes.

  • On the first (1st) of June of each Thermal Year, or the following Business Day if the 1st (first) of June is not a Business Day, the Operating Company shall reclassify all Unsubscribed Foundation Capacity and all Released Foundation Capacity for the immediately following Thermal Year as Unsubscribed Non-Foundation Capacity and Released Non-Foundation Capacity, respectively.

  • The Injection Capacity for the Flat Modulation service changes during the Thermal Year depending on the adjustment factors as per the following paragraph 6.2.3. The benefits associated with the Injection Capacity assigned to each SHIPPER for the Flat Modulation Service are defined on the basis of the ratio Ru referred to in paragraph 6.2.3.1 and as provided for therein.

  • The Withdrawal Capacity for the Flat service is assigned in an amount equal to the space divided by 150 days and changes during the Thermal Year depending on the adjustment factors as per the following paragraph 6.2.4. It is understood that, if the stock of the SHIPPER is lower than the available Withdrawal Capacity, the Withdrawal Capacity is equal to the stock itself.

  • The Storage Capacities as per this paragraph are assigned on an annual basis and in the course of the Thermal Year in accordance with the methods set out in the following chapter 5.

  • If, after applying the formula above, SQ is a positive number but is less than the largest quantity of Net Unloaded LNG from any LNG Tanker of such User in such Thermal Year, then SQ shall be considered as round-up (in accordance with the formula above) and carried forward to the Reconciliation Statement for the following Thermal Year or period.

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 September 30th 06:00 hours (Belgian time) of the next year.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • 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;

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31.

  • Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • relevant year means a year commencing at 00:00 hours on 1 April and ending at 23:59 hours on the following 31 March;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Half Year means the period of six months commencing on the first day of April or October of a financial year;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Calendar Week means any period of seven days starting with the same day as the first day of the First Assignment;