Transmission and Distribution Business definition

Transmission and Distribution Business has the meaning set forth in Section 3.05(a).
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Transmission and Distribution Business means the transmission and distribution assets of the Company.
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Transmission and Distribution Business means the Transmission Owner Business and the Distribution Business taken together;“Transmission System Security and Planning Standards”means either the document designated as such by the Authority or, until the Authority designates such a document, that part of the document which relates to transmission system security and planning standards in the document entitled Transmission and Distribution System Security and Planning Standards and designated by the Authority on or before SEM Go-Live, as modified from time to time in accordance with Condition 20 of the Transmission System Operator Licence;“Transmission Connection Agreement”means an agreement between the Transmission System Operator and any person in respect of connection to the All-Island Transmission Networks at entry or exit points on the transmission system;“Transmission Interface Arrangements”means the transmission interface arrangements provided for in Condition 17;“Transmission Owner Business”means the business of the Licensee (or, as permitted under Condition 14 of the Licence, of the Relevant Subsidiary) in the development, construction, ownership and maintenance of the transmission system (to the extent authorised by the Licence, including making the transmission system available for use), and in any other activity ancillary to the ownership of the transmission system, but shall not include any other business of the Licensee or any affiliate or related undertaking of the Licensee;“transmission services”means those services outlined in Condition 18;“transmission system”means the system of electric lines owned by the Licensee and comprising high voltage lines and electrical plant and meters used for conveying electricity from a generating station to a substation, from one generating station to another, and from one substation to another within the Authorised Area (including such part of theNorth/South Circuits as is owned by the Licensee) (except any such lines which the Authority may approve as being part of the Distribution System) and any other electric lines which the Authority may specify as forming part of the transmission system, but shall not include any Interconnector;“Transmission System Operator”means the person authorised, from time to time, under the Transmission System Operator Licence in its capacity as the holder of that licence;“Transmission System Operator Licence”means the licence granted under Article 10(1)(b) of the Order to SONI Limited (a body corporate registered in No...
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Examples of Transmission and Distribution Business in a sentence

  • If the Executive is actively employed by the Company on the earlier to occur of (i) the date of the sale of the Transmission and Distribution Business Unit, or (ii) May 31, 2000, the Executive shall be entitled to receive a lump sum cash payment of one-half (1/2) of the Executive's annual base salary then in effect, which shall be paid within fifteen (15) working days after the applicable date specified in subsection (i) or (ii) above.

  • Furthermore, any transfer of any portion of the Company’s assets will not be subject to Section 4.05 or Article Ten of the Original Indenture if the Company retains all or substantially all of its Transmission and Distribution Business.

  • The tariff in respect of Company’s Mumbai Generation, Transmission and Distribution Business is subject to approval from Regulatory Authorities.

  • The Generation Business, Retail Business and TNB (which primarily comprises the Transmission and Distribution Business) have different risk-reward profiles and growth opportunities.

  • Not less than 4 months after the end of each relevant year the licensee shall submit to the Authority an annual report in a form to be approved by the Authority setting out the main elements comprising the network capital expenditure undertaken by the Transmission and Distribution Business in the year under review.

  • Incremental Power Transmission and Distribution Business Revenue generated from incremental power transmission and distribution business decreased by 5.2% from RMB516.2 million for the year ended 31 December 2020 to RMB489.1 million for the year ended 31 December 2021, primarily due to a decrease in electricity demands from our customers in 2021 compared to 2020.

  • Richard Rosenblum – Senior Vice President – Transmission and Distribution Business Unit (TDBU)2.

  • The transfer of all or substantially all of the Company's Transmission and Distribution Business shall not constitute a Default or an Event of Default with respect to the Series H Notes nor, for purposes of the Series H Notes, shall it be deemed a sale or transfer of all or substantially all of the Company's assets for purposes of the Indenture.

  • The transfer of all or substantially all of the Company's Transmission and Distribution Business shall not constitute a Default or an Event of Default with respect to the Series I Notes nor, for purposes of the Series I Notes, shall it be deemed a sale or transfer of all or substantially all of the Company's assets for purposes of the Indenture.

  • All full-time employees in the Transmission and Distribution Business Unit (TDBU), Customer Service Business Unit (CSBU), Generation, Shared Services, and IT business units are eligible to earn a cash bonus based on team (business unit or department) and SCE performance measured against stated goals.


More Definitions of Transmission and Distribution Business

Transmission and Distribution Business means the Transmission Business and the Distribution Business of the Licensee taken together.
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Transmission and Distribution Business means the electricity transmission and distribution assets of the Company.
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Transmission and Distribution Business shall have the meaning set forth in the Indenture.
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Transmission and Distribution Business means the Transmission Owner Business and the Distribution Business taken together;
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Transmission and Distribution Business means the assets of the Company used or held for use exclusively or primarily in connection with the transmission (i.e., the transfer of electric energy through an interconnected transmission grid from a generator to either a distributor or a retail customer) and distribution (i.e., the transfer of electric energy through a retail distribution system to retail customers) of electric energy, and related operations.
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Related to Transmission and Distribution Business

  • Transmission and distribution system means, with respect to an

  • Amplification, transmission and distribution equipment means, but is not limited to, production,

  • Distributed Generation means generating plant equipment collectively used for generating electricity that is connected, or proposed to be connected, to the Network or a Customer's Installation, but does not include:

  • Transmission Business means the authorised business of a transmission licensee to transmit electricity, whether for its own account or for that of any other person, through any system owned and/ or operated by such licensee;

  • Local Interconnection Trunks/Trunk Groups means the trunks that are used for the termination of Local Exchange Traffic, pursuant to iconectiv Technical Reference GR 317-CORE.

  • Intermediate Distribution Frame (IDF means a second frame that augments an existing Main Distribution Frame. Lines or outside cables that do not terminate on the IDF.

  • Distributed Generator means a person who owns or operates Distributed Generation;

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.