Balancing Code definition

Balancing Code means the document containing the operational balancing rules as approved or validated by XXXX for L-zone and by ILR and XXXX for H-zone and published by the Balancing Operator on its website.
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Balancing Code means Commission Regulation (EU) No 312/2014 of 26 March 2014 establishing a Network Code on Gas Balancing of Transmission Networks;
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Balancing Code means the document containing the operational balancing rules as approved by the Competent Regulator(s) and published by the Balancing Operator on its website.
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Examples of Balancing Code in a sentence

  • The Parties shall at all times provide each other all such information as may be necessary or useful to enable each Party to exercise its rights and to carry out its obligations under this Agreement and in accordance with the Balancing Code.

  • Balancing Operator will notify the TSOs of the BeLux Area of the signing, of any non-compliance by the Network User with the obligations assumed in this Agreement (including the Balancing Code), the rescission, the termination, the annulment, any Force Majeure event, or the resumption of performance of the Agreement as well as any event or circumstance it deems relevant in this respect.

  • The Agreement, the Balancing Code and the Balancing Programme may be changed from time to time.

  • The Agreement, the Balancing Code and the Balancing Program may be changed from time to time.

  • The Network User acknowledges that regulations regarding Balancing (including applicable legal provisions and the Balancing Code) are evolving.

  • The Grid UserNetwork User acknowledges that regulations regarding Balancing (including applicable legal provisions and the Balancing Code) are evolving.

  • The Grid User acknowledges that regulations regarding Balancing (including applicable legal provisions and the Balancing Code) are evolving.

  • Balancing Operator will notify the TSOs of the BeLux Area of the signing, of any non-compliance by the Grid UserNetwork User with the obligations assumed in this Agreement (including the Balancing Code), the rescission, the termination, the annulment, any Force Majeure event, or the resumption of performance of the Agreement as well as any event or circumstance it deems relevant in this respect.

  • Balancing Operator will notify the TSOs of the BeLux Area of the signing, of the non-compliance with the Agreement (including the Balancing Code) and notably with Article 7 or Article 4 of the General Conditions related to balancing system abuse and to creation of excessive imbalances, the rescission, the termination, the annulment, any Force Majeure event, or the resumption of performance of the Agreement as well as any event or circumstance it deems relevant in this respect.

  • Subject to the terms and conditions of this Agreement and of the Balancing Code, Balancing Operator shall provide Grid User with a Balancing Monthly Fee and a Balancing Monthly Self-billing Fee for the Balancing Services.


More Definitions of Balancing Code

Balancing Code means Commission Regulation (EU No. 312/2014 of 26 March 2014) establishing a network code on gas balancing of transmission networks; “Business Day” means a day (other than a Saturday or Sunday) on which banks are open for business in Dublin;
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Related to Balancing Code

  • STCW Code means the Seafarers’ Training, Certification and Watchkeeping Code as adopted by resolution 2 of the 1995 Conference of Parties to the STCW Convention, in its up-to-date version;

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power:

  • Disabling Code means any virus, back door, timer or other limiting routine, instruction or design, or other malicious, illicit or similar unrequested code that may have the consequence (whether by design or unintentionally) of disrupting, disabling, harming, circumventing security controls or otherwise impeding in any manner the normal operation or performance of (i) any software or service or (ii) any UNICEF information system or network.

  • Safety Management System means a systematic approach to managing safety, including the necessary organisational structures, accountabilities, policies and procedures;

  • IBC Code means the 1998 Edition of the International Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk published by the International Maritime Organization;

  • Interconnection arrangements means arrangements governing the physical connection of two or more networks to allow the use of another's network to hand off traffic where it is ultimately delivered (e.g., connection of a customer of telephone provider A to a customer of telephone company B) or sharing data and other information resources.

  • Network Code means the document now known as the Network Code and formerly known as the Railtrack Track Access Conditions 1995;