Market Participant Sample Clauses

Market Participant. (a) Subject to Section 7.2(b): (i) Throughout the term of this Agreement, Seller shall (or shall cause a designee to) act as the Market Participant (or similar representative) for the Facility before the Balancing Authority applicable to the Injection Portion (including any applicable RTO or ISO), to the extent the concept of a Market Participant (or similar representative) for the Facility is applicable in such Balancing Authority. Without limiting the foregoing, Seller shall cause such Balancing Authority to qualify and recognize Seller as the Market Participant or other representative for the Facility before such Balancing Authority as of no later than the Delivery Term Commencement Date (or such later date as of which such concept is applicable) and maintain such qualification and recognition throughout the remainder of the Delivery Term (so long as such concept continues to be applicable). (ii) As Market Participant (or similar representative) for the Facility before such Balancing Authority, Seller shall (or shall cause its designee to) perform all functions with respect to the Facility before such Balancing Authority, including, to the extent applicable, (A) arranging and performing any Open Access Same Time Information Systems (OASIS) tagging and transmission scheduling, (B) completing and filing all reports required by such Balancing Authority from the Market Participant (or similar representative), (C) subject to Section 7.3(e), settlement with such Balancing Authority,

Market Participant. (a) Subject to Section 7.2(b): (i) Throughout the term of this Agreement, Seller shall (or shall cause a designee to) act as the Market Participant (or similar representative) for the Facility before [each of (A) the Balancing Authority applicable to the Electric Interconnection Point and (B)]129 the Balancing Authority applicable to the Injection Portion (including[, in each case,]130 any applicable RTO or ISO), to the extent the concept of a Market Participant (or similar representative) for the Facility is applicable in such Balancing Authority. Without limiting the foregoing, Seller shall cause such Balancing Authorit[y][(ies)] to qualify and recognize Seller as the Market Participant or other representative for the Facility before such Balancing Authorit[y][(ies)] as of no later than the Delivery Term Commencement Date (or such later date as of which such concept is applicable) and maintain such 129 NTD: Insert if the Facility is external to MISO. 130 NTD: Insert if the Facility is external to MISO. qualification and recognition throughout the remainder of the Delivery Term (so long as such concept continues to be applicable). (ii) As Market Participant (or similar representative) for the Facility before such Balancing Authorit[y][(ies)], Seller shall (or shall cause its designee to) perform all functions with respect to the Facility before such Balancing Authorit[y][(ies)], including, to the extent applicable, (A) arranging and performing any Open Access Same Time Information Systems (OASIS) tagging and transmission scheduling, (B) completing and filing all reports required by such Balancing Authorit[y][(ies)] from the Market Participant (or similar representative), (C) subject to Section 7.3(e), settlement with such Balancing Authorit[y][(ies)], (D) transmitting to such Balancing Authorit[y][(ies)] operational data and coordinating outages, (E) submitting Facility generation estimates, schedules, bids and offers and (F) performing all other activities required of the Market Participant (or similar representative) for the Facility. (iii) Without limiting Section 9.1(b), Seller shall perform its functions as the Market Participant (or similar representative) for the Facility before such Balancing Authorit[y][(ies)] according to the standards of performance set forth in Section 9.1(b). (b) Notwithstanding Section 7.2(a), Buyer may, at its sole discretion at any time and from time to time during the term of this Agreement (but not during the period of t...

Market Participant has full power and authority to execute and deliver the Bid or Offer Package and to perform its obligations hereunder. Each completed Bid or Offer Package constitutes a valid and legally binding obligation of Market Participant.

Market Participant. As defined in the SPP OATT.

Market Participant. The Company shall be the MP to MISO for those facilities operated by the Customer or aggregated by an ARC within the Company’s service territory. The Company shall bill Customer/ARC for administrative fees shown on Attachment C which may be amended from time to time with approval by the Commission utilizing the thirty (30) day Administrative Filing Procedures to the extent such amendment would otherwise qualify under said provisions.

Market Participant. The Company shall be the MP to Midwest ISO for those facilities operated by the Customer or aggregated by an ARC within the Company’s service territory. The Company shall bill Customer/ARC for administrative fees shown on Attachment C which may be amended from time to time with approval by the Commission utilizing the 30-day Administrative Filing Procedures to the extent such amendment would otherwise qualify under said provisions.

Market Participant. At the Closing, Buyer or its agent shall be a Market Participant in good standing with ISO New England.

Market Participant. An entity, including a Scheduling Coordinator, who participates in the Energy marketplace through the buying, selling, transmission, or distribution of Energy or Ancillary Services into, out of, or through the ISO Controlled Grid. Monthly Peak Load The maximum hourly Demand on a Participating TO’s transmission system for a calendar month, multiplied by the Operating Reserve Multiplier.

Market Participant. Market Participant shall have the meaning provided in the Operating Agreement. For these purposes, material is defined in §I.B.3, Material Changes. For the purposes herein, the use of the term "material" is not necessarily synonymous with use of the term by governmental agencies and regulatory bodies. Member shall have the meaning provided in the Operating Agreement. Net Obligation is the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under both Part II and Part III of the O.A.T.T.), and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation. Net Sell Position is the amount of Net Obligation when Net Obligation is negative.