Transmission Credits definition

Transmission Credits means the credits against transmission charges payable under a Transmission Agreement which are to be received by the Participants pursuant to Section 7.01. Transmission Project or Project
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Examples of Transmission Credits in a sentence

  • Any Transmission Credits which are available for use but are not used in a given Credit Installment Year may be carried forward and used in later Credit Installment Years, provided that any Transmission Credits not applied against charges or fees due and payable under a Transmission Agreement within fifteen (15) years after the beginning of the Credit Installment Period shall expire and be of no further force or effect.

  • In return for such payment, IID shall transfer unused Transmission Credits on its books from the preempted Participant to the Additional Participant in an amount equal to the dollar amount so paid by the Additional Participant.

  • No assignment of Transmission Credits (except an assignment for security purposes) shall be effective unless and until the assignor gives IID a written notice thereof.

  • The dollar value of Transmission Credits received by the Additional Participant shall be equal to the amount of its payment to IID pursuant to Section 8.02.

  • Following the Credit Installment Period, the Transmission Credits shall be assignable to any person for application against any charges or fees payable to IID for the transmission of electric power to Edison's Electric System.

  • No assignment of Transmission Credits shall change the Credit Installment Year in which they become available for use pursuant to Section 7.03.

  • Under Section 8.05, $1.25M is distributed to B and C each, assuming that each of them has $1.25M in Transmission Credits left.

  • The Transmission Credits received by each Participant shall be divided into ten (10) equal installments, and a single such installment shall become available for use during each successive Credit Installment Year.

  • IID shall be responsible for keeping a record on its books of the amount of Transmission Credits used and remaining for use, as well as the dates of availability, for each holder of Transmission Credits.

  • In summary, as a result of this cost reallocation A, B and C have received the following amounts: A B C $833,333,33* $ 833,333.33* $ 833,333.33* 125,000.00 125,000.00 125,000.00 1,250,000.00 1,250,000.00 187,500.00 187,500.00 ----------- ------------- ------------- $958,333.33 $2,395,833.33 $2,395,833.33 for a total of $5,750,000; and they have transferred to D $5,000,000 in Transmission Credits.

Related to Transmission Credits

  • Transmission Service means Point-To-Point Transmission Service provided under Tariff, Part II on a firm and non-firm basis.

  • Transmission Loading Relief means NERC’s procedures for preventing operating security limit violations, as implemented by PJM as the security coordinator responsible for maintaining transmission security for the PJM Region.

  • Transmission Charges means the charges payable to TSP by Long Term Transmission Customer(s) pursuant to the TSA, as adopted by the Appropriate Commission;

  • Transmission Customer means any eligible customer, shipper or designated agent that can or does execute a transmission service agreement or can or does receive transmission service, including all persons who have pending requests for transmission service or for information regarding transmission.

  • Network Transmission Service means transmission service provided pursuant to the rates, terms and conditions set forth in Tariff, Part III, or transmission service comparable to such service that is provided to a Load Serving Entity that is also a Transmission Owner.

  • Transmission pipeline means any high pressure transmission pipeline connected to, but excluding the Maui Pipeline, that is used for the open access transportation of Gas, and includes all items of plant, equipment, fixtures and fittings directly appurtenanced to that pipeline, but excluding any item which is controlled by a party other than that pipeline’s TP Welded Party and any low pressure distribution system.

  • Transmission Services the services provided by the Transmission Provider(s) to the Distributor;

  • Transmission line means any single or multiphase electric power line operating at nominal voltages at or in excess of either 69,000 volts between ungrounded conductors or 40,000 volts between grounded and ungrounded conductors, regardless of the functional service provided by the line.

  • Transmission Service Provider means the entity that administers the transmission tariff and provides transmission service to transmission customers under applicable transmission service agreements.

  • Transmission Owner means an entity that owns Transmission Facilities.

  • Transmission Provider means any entity or entities transmitting or transporting the Product on behalf of Seller or Buyer to or from the Delivery Point.

  • Transmission Operator means the entity responsible for the reliability of its “local” Transmission System, and that operates or directs the operations of the Transmission Facilities.

  • Transmission Facility means a facility for transmitting electricity, and includes any structures, equipment or other facilities used for that purpose as defined in the Parties respective XXXXx.

  • Transmission means transmission by operation of law, devolution on the personal representative of a deceased person and any other mode of transfer, not being assignment;

  • Transmission System means the facilities controlled or operated by the Transmission Provider within the PJM Region that are used to provide transmission service under Tariff, Part II and Part III. Transmission Withdrawal Rights:

  • Transmission equipment means equipment that facilitates transmission for any FCC-licensed or authorized wireless communication service, including, but not limited to, radio transceivers, antennas, coaxial or fiber-optic cable, and regular and backup power supply. The term includes equipment associated with wireless communications services including, but not limited to, private, broadcast, and public safety services, as well as unlicensed wireless services and fixed wireless services such as microwave backhaul.

  • Network Integration Transmission Service means the transmission service provided under Tariff, Part III.

  • Transmission Facilities shall have the meaning set forth in the Operating Agreement. Transmission Injection Rights:

  • P.01 Transmission Grade of Service (“GOS”) means a trunk facility provisioning standard with the statistical probability of no more than one call in 100 blocked on initial attempt during the average busy hour.

  • Transmission Service Agreement or “TSA” shall mean the agreement entered into between Long Term Transmission Customer(s) and the TSP pursuant to which TSP shall build, own, operate and maintain the Project and make available the assets of the Project to Long Term Transmission Customer(s) on a commercial basis;