Ancillary Service Provider definition
Examples of Ancillary Service Provider in a sentence
The Ancillary Service Provider will invoice the EMC for payments due for provision of Contracted Ancillary Services under this Agreement on a monthly basis following the end of each calendar month in respect of the Contracted Ancillary Services provided in that period.
The EMC may not assign or transfer, whether absolutely, by way of security or otherwise, all or any part of its rights or obligations under this Agreement without the prior written consent of the Ancillary Service Provider, which shall not be unreasonably withheld.
The Ancillary Service Provider may not assign or transfer, whether absolutely, by way of security or otherwise, all or any part of its rights or obligations under this Agreement, and may not assign or transfer any of the Contracted Ancillary Service Resources to another person, without the prior written consent of the EMC which shall not be unreasonably withheld.
The EMC shall, in consultation with the PSO and with the PSO’s written consent, have the right to order a temporary suspension of part or all of the Contracted Ancillary Services under this Agreement, if the Ancillary Service Provider fails to remedy within a reasonable time of receiving notice (which shall not be less than 14 days) all matters that may give rise to suspension.
If the Ancillary Service Provider does not deliver a properly constituted invoice to the EMC within 180 days after the end of the period to which it relates, the Ancillary Service Provider will immediately waive its right to recover payment from the EMC for the period to which it relates.
The Ancillary Service Provider acknowledges and agrees to the provisions for publication by the EMC and/or the PSO of certain information regarding Ancillary Service Contracts as provided under of section 8.7 of Chapter 5 of the Market Rules.
Where the amount of Lt is negative, the EMC shall issue a debit note stating the amount of Lt to the Ancillary Service Provider and the Ancillary Service Provider shall refund the amount of Lt within such period of time as to be agreed from time to time between the EMC and the Ancillary Service Provider.
Where Lt is positive, the EMC shall notify the Ancillary Service Provider in writing of the amount of Lt and upon receiving such notification, the Ancillary Service Provider shall render an invoice for that amount and the EMC shall pay such invoices within such period of time as to be agreed from time to time between the EMC and the Ancillary Service Provider.
The Ancillary Service Provider agrees to make its best endeavours to keep the Contracted Ancillary Service Resources fully available for provision of Contracted Ancillary Services throughout the Term, as far as is practically possible and in any event not less than the minimum resource availability time as specified in Schedule B2.
Notwithstanding anything to the contrary in this Agreement, the provisions of section 3 of Chapter 3 of the Market Rules apply to any dispute arising under this Agreement and are hereby incorporated by reference herein, with all references in such section to a Market Participant being deemed to be a reference to the Ancillary Service Provider for the purposes of this article.