Allowed Tolerance definition

Allowed Tolerance has the meaning given in Section E paragraph 2.3 of the IUK Access Code;
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Allowed Tolerance has the meaning given in Section E paragraph 2.3 of the Interconnector Access Code;
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Allowed Tolerance means the amount by which an Exit Allocation can vary from the corresponding Entry Allocation before Balancing Charges apply, such amount as determined by Interconnector from time to time in the reasonable exercise of its discretion but which shall initially be set at 560,000 kWh
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Examples of Allowed Tolerance in a sentence

  • Where the Daily Imbalance for Gas Day D is less than the Allowed Tolerance it shall be carried forward to and form part of the Daily Imbalance for the following Gas Day D+1.

  • A Shipper shall remain liable for any Daily Imbalance, if negative, and Interconnector may calculate and charge a Negative Balancing Charge without applying the Allowed Tolerance if a Shipper does not hold any Registered Capacity or ceases to be a Shipper.4. Trade Notifications A Shipper may, on a Gas Day D, submit to Interconnector on the Interconnector Information System: (a) a Disposing Trade Notification Request; or (b) an Acquiring Trade Notification Request.

  • IUK may vary the Allowed Tolerance by notifying IAA Shippers of the varied Allowed Tolerance.

  • ITNumber of used Calibration PointsThere are up to 4 calibration points selectable.ESEN FR IT ESCalibration Values Data entry fields for each calibration temperature, "RatedValue" and the "Allowed Tolerance".

  • Additionally, the indicator shows "pass" or "fail" according to the "Allowed Tolerance".

  • Any differences that occur between allocated Inputs and Outputs (such differences only arise during exceptional circumstances), are allowed to accumulate from one day to the next without any penalty or recompense within an allowed cumulative tolerance (“Allowed Tolerance”) for each IAA Shipper of±560,000 kWh. On any Gas Day on which the IAA Shipper’s accumulated imbalance exceeds the Allowed Tolerance, a Balancing Charge shall apply as detailed in the IAC Section E and Section F.

  • A Shipper shall remain liable for any Daily Imbalance, if negative, and IUK may calculate and charge a Negative Balancing Charge without applying the Allowed Tolerance if a Shipper does not hold any Registered Capacity or ceases to be a Shipper.

  • If the last TIL disclosure indicated a lower APR than the allowed tolerance the following warning will show: WARNING: APR Not Within Allowed Tolerance.

  • An IAA Shipper shall remain liable for any Daily Imbalance, if negative, and IUK may calculate and charge a Negative Imbalance Charge without applying the Allowed Tolerance if an IAA Shipper does not hold any Registered Capacity or ceases to be an IAA Shipper.

  • As a result of the increase instruction, increase arised in the Allowed Tolerance Quantity because of the quantity increased at the related Entry Point or of the quantity in the instruction (the lower one will be preferred), will be deducted from the Allowed Tolerance Quantity determined while calculating QBT.


More Definitions of Allowed Tolerance

Allowed Tolerance has the meaning given in Section E paragraph 2.3 of the IAC; “Annual” has the meaning given in Section B paragraph 2.2(a) of the IAC;
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Allowed Tolerance has the meaning given in Section E paragraph 2.3 of the IUK Access Code; “Annual” has the meaning given in Section B paragraph 2.2(a) of the IUK Access Code;
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Related to Allowed Tolerance

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