Market Participant Sample Clauses
Market Participant. An entity, excluding the ISO, that is a Transmission Customer under the ISO OATT, Customer under the ISO Services Tariff, Power Exchange, Transmission Owner, Primary Holder, LSE, Supplier, Distributed Generator, Demand Response Provider, and their designated agents. Market Participants also include entities buying or selling TCCs.
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) To the extent applicable in the Balancing Authority, 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. 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 according to the standards of performance set forth in Section 9.1(b), 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, (D) transmitting to such Balancing Authority operational data and coordinating outages, and (E) submitting Facility generation estimates, schedules, bids and offers.
(b) Notwithstanding Section 7.2(a), Buyer may, at its sole discretion and from time to time (but not during the period of time commencing one hundred and eighty (180) Days prior to the expected Delivery Term Commencement Date (which date Seller shall communicate to Buyer in writing at least two hundred and ten (210) Days prior to such date) and ending on the Delivery Term Commencement Date), elect to serve (or have its designee serve) as the Market Participant (or similar representative) for the Facility before the Balancing Authority applicable to the Injection Portion during all or part of the Delivery Term. In such event, the Parties, acting reasonably and in good faith and fully consistent with the rights and obligations of Buyer and Seller in this Agreement, shall agree upon the modifications and amendments of this Agreement required to reflect the case that Buyer is the Market Participant and set forth the same as a new Schedule 7.2(...
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. Buyer or its agent shall be a Market Participant in good standing with ISO New England. Seller may waive any condition specified in this Section 6.2 in its sole discretion if it executes a writing so stating at or prior to the Closing and such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing specifically so states.
Market Participant. At the Closing, Buyer or its agent shall be a Market Participant in good standing with ISO New England.
Market Participant within the meaning of Article 2.7 of REMIT, is any person, including transmission system operators, who enters into transactions, including the placing of orders to trade in one or more wholesale energy markets within the European Union.