Trading Participant definition
Examples of Trading Participant in a sentence
The Company has read, has full knowledge of and understands the provisions of the Relevant Rules and Issuances and it understands that it must remain to be compliant with its obligations as a registered WESM Member and Trading Participant in order to maintain registration.
Section 1.02 The Company has read, has full knowledge of and understands the provisions of the Relevant Rules and Issuances and it understands that it must remain to be compliant with its obligations as a registered WESM Member and Trading Participant in order to maintain registration.
Offset Amount An amount payable by or to a defaulting Trading Participant in respect of an Offset Quantity in respect of a Gas Day, calculated in accordance with the Rules Methodology.
The National Gas Rules provide for the determination of amounts payable in respect of Delivery Variance Quantities, which are payable as part of the Settlement Amount for a Trading Participant.
For the avoidance of doubt, the rights of a Trading Participant with respect to the Operator or the other party to a Transaction in respect of a Transaction are governed by the terms of this agreement.