TPAL Party definition

TPAL Party means a Shipper that is a party to a TPAL Agreement.
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Examples of TPAL Party in a sentence

  • In the event that a TPAL Party fails to conduct the required transactions regarding any curtailment of Park or Loan or recall of a TPAL Balance in accordance with Article3.1 hereof, the Transporter will effect such transaction by transferring such positive or negative quantities of energy to TPAL Party's Alliance Trading Pool account and the TPAL Party shall be required to manage any resulting Alliance Trading Pool Imbalance in accordance with Article 18 of the General Terms and Conditions.

  • Transporter shall provide a TPAL Party with Notice regarding any such curtailment of Parks or Loans or recall of a TPAL Balance hereunder.

  • In the event that a TPAL Party fails to conduct the required transactions regarding any curtailment of Park or Loan or recall of a TPAL Balance in accordance with Article 3.1 hereof, the Transporter will effect such transaction by transferring such positive or negative quantities of energy to TPAL Party's Alliance Trading Pool account and the TPAL Party shall be required to manage any resulting Alliance Trading Pool Imbalance in accordance with Article 18 of the General Terms and Conditions.

  • A TPAL Party involved in a Loan shall repay the specified quantity of energy from its Alliance Trading Pool account into its TPAL Balance.

  • A TPAL Party involved in a Park shall repay the specified quantity of energy from its TPAL Balance into its Alliance Trading Pool account.

  • The TPAL Party is responsible for arranging such transactions in accordance with the Tariff.

  • If a TPAL Party nominates for Park or Loan in excess of its Total TPAL Quantity, such Park or Loan will only be confirmed up to the Total TPAL Quantity and the TPAL Party will be required to enter into a new TPAL Agreement in respect of any additional quantities for Park or Loan.

  • In all cases, TPAL Party shall be required to manage any resulting Alliance Trading Pool Imbalance in accordance with Article 18 of the General Terms and Conditions.

  • If a TPAL Party wishes to repay its TPAL Balance at any time during the term of the TPAL Agreement, it must nominate the repayment quantities of energy in accordance with Article 12 of the General Terms and Conditions and, upon confirmation by Transporter, conduct the appropriate transactions in the Alliance Trading Pool to do so.

Related to TPAL Party

  • Principal Party means:

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Support Person means a person, who accompanies an Accused Student, a Reporting Party or a victim to a hearing for the limited purpose of providing support and guidance. A support person may not directly address the Hearing Body, question witnesses, or otherwise actively participate in the hearing process.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Screened Affiliate means any Affiliate of a Holder (i) that makes investment decisions independently from such Holder and any other Affiliate of such Holder that is not a Screened Affiliate, (ii) that has in place customary information screens between it and such Holder and any other Affiliate of such Holder that is not a Screened Affiliate and such screens prohibit the sharing of information with respect to the Issuer or its Subsidiaries, (iii) whose investment policies are not directed by such Holder or any other Affiliate of such Holder that is acting in concert with such Holder in connection with its investment in the Notes, and (iv) whose investment decisions are not influenced by the investment decisions of such Holder or any other Affiliate of such Holder that is acting in concert with such Holders in connection with its investment in the Notes.

  • Sub-Agent means Citibank International plc.

  • Permitted Holder means (a) Xxxxxxx X. Xxxxxxx, (b) any of his immediate family members or his or their respective heirs by operation of law, will or intestacy or (c) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding a 50.1% or more controlling interest of which consist of Xxxxxxx X. Xxxxxxx and/or his immediate family members.

  • Excluded Holder means (a) any Person who at the time this Plan was adopted was the beneficial owner of 20% or more of the outstanding Common Stock; or (b) the Company, a Subsidiary or any Employee Benefit Plan of the Company or a Subsidiary or any trust holding Common Stock or other securities pursuant to the terms of an Employee Benefit Plan.

  • Note Party means the Issuer and each Guarantor.

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.

  • Principal Participant means any of the following entities:

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer:

  • Assisting Party means a party that provides assistance pursuant to this Agreement during an emergency or disaster.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.