Matching Process definition

Matching Process means the process of comparing and aligning Processed Quantities of Natural Gas for Network Users at both sides of a specific Interconnection Point and other relevant Connection Points, which results in Confirmed Quantities for the Network Users.
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Matching Process means the process of comparing nominations and renominations submitted by SHIPPERS at both sides of the VIP Brandov-GASPOOL, which results in Matched Daily Quantity for the respective Shipper Code Pairs.
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Matching Process is the process of comparing and aligning the Processed Quantities of Gas for Shippers at both sides of the Entry Point, which results in Confirmed Quantities for the Shippers in accordance with Article 3.
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Examples of Matching Process in a sentence

  • In respect of a Physical Delivery Contract which is Physically Settled Metal Futures Contract, any outstanding open position in the relevant spot month Physically Settled Metal Futures Contract held by any HKCC Participant will be included in the Matching Process pursuant to section 2A.3.2.1(c) of the Clearing House Procedures.

  • Each Physical Delivery Participant acknowledges and accepts that they may be matched, through the Matching Process, with a Non-delivery HKCC Participant.

  • The applicable provisions outlined in Common Business Practice 2003-002/02 CBP "Harmonisation of the Nomination and Matching Process" in its current version apply re- garding nominations and renominations, posted on the transmission system operator's website.

  • By noon on the first Hong Kong Business Day after the last trading day the selling HKCC Participant or its Delivery Agent shall ensure that the required quantity of Deliverable Metal is in the Approved Depository as specified in the Matching Process and notified to it by the Clearing House under section 2A.3.2.1(c)(vii) above.

  • If in any nomination or renomination cycle either Party is unable to meet any of the deadline for the exchange of information relating to the Matching Process described above, it will inform the other Party before the deadline, and will send the relevant data as soon as it is able to.

  • Single sided nominations according to the EASEE-gas Common Business Practice 2014-001/01 Harmonisation of the Nomination and Matching Process for Double-Sided and Single-Sided Nominations is implemented in the matching process between FLX and GTS.

  • With respect to each transaction to which a Buyer and Seller are matched pursuant to Clause 3.6 (Matching Process), a Sales and Purchase Contract shall be deemed to have arisen between such Buyer and Seller which is collateral to a Contract, governed by and construed in accordance with Singapore law and subject to the Rules.

  • The deadline for sending Confirmed Quantities to Shippers following a renomination Matching Process is two hours after the end of the relevant renomination cycle.

  • Since performance is not influenced by these inconsistencies, a map-like representation can not be the major basis of human navigation.

  • The nomination deadline is defined in the table in [Matching Process Section 2].


More Definitions of Matching Process

Matching Process means the process of comparing and aligning Processed Quantities of gas for Shippers at both sides of IP Santaka, which results in Confirmed Quantities for the Shippers.
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Matching Process means the matching and confirmation processes to be carried out between the Transporter and an AFO in which the Confirmed Quantities of each User at that Interconnection Point are calculated from the Nominated Quantities of that User and the quantities nominated to the AFO;
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Matching Process means the procedure of verification of all data from User` Nominations, carried out by the Transporter and AFO at Interconnection Points for determining Confirmed Quantities;
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Matching Process means the process of comparing and aligning Processed Quantities of gas for Shippers at both sides of the IP Faxe, which results in Confirmed Quantities for the Shippers.
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Related to Matching Process

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Service Switching Point (SSP) is a telephone central office switch equipped with a Signaling System 7 (SS7) interface.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Salary reduction plan means a benefit plan whereby state and

  • Self-service display means the open display or storage of Tobacco Products or Tobacco Paraphernalia in a manner that is physically accessible in any way to the general public without the assistance of the retailer or employee of the retailer and a direct person-to-person transfer between the purchaser and the retailer or employee of the retailer. A vending machine is a form of Self-Service Display.

  • Process unit means equipment assembled for the extraction of natural gas liquids from field gas, the fractionation of the liquids into natural gas products, or other operations associated with processing natural gas products. A process unit can operate independently if supplied with sufficient feed or raw materials and sufficient storage facilities for the products.

  • Service Animal means an animal that is required by a person with a disability for assistance and is certified, in writing, as having been trained by a professional service animal institution to assist a person with a disability and which is properly harnessed in accordance with standards established by a professional service animal institution.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Non-Administrator Substance Use Disorder Treatment Facility means a Substance Use Disorder Treatment Facility that does not meet the definition of an Administrator Substance Use Disorder Treatment Facility.