Balance Responsible Entity definition

Balance Responsible Entity means an entity which has entered into a participation agreement (accord de participation) with the Transmission System Operator to act as a balance responsible entity (responsable d’équilibre) in accordance with the Balance Responsible Party Regulations.
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Balance Responsible Entity means the company Snam Rete Gas;
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Examples of Balance Responsible Entity in a sentence

  • When the amount calculated for an Imbalance is found to positive, the Balance Responsible Entity is entitled to collect that amount.

  • Rules relative to Programming, the Balancing Mechanism and the Balance Responsible Entity Sys- tem: the rules that define the conditions for programming, Balancing Mechanism and balance responsible entity system, and which any participant who has signed a participation agreement has to comply with.

  • The Final Imbalance of a Balance Responsible Entity e that is not providing Balancing Services shall be equal to the Imbalance as it is calculated on the basis of paragraph 9.

  • Balancing Entity: elementary balancing unit able to meet a request from RTE to inject or extract a given quantity of electricity into the system, for a given period, as defined in the Rules relative to Programming, Balancing Mechanism and Balance Responsible Entity System.

  • When the amount calculated for an Imbalance is found to be negative, the Balance Responsible Entity is required to pay that amount.

  • The Imbalance Settlement shall be initially performed per Balance Responsible Entity and then per Balance Responsible Party.

  • The User has a period of 10 Days beginning at the date appearing on the Notification to designate himself as the new Balance Responsible Entity or to Notify RTE, with confirmation by registered mail and acknowledgement, of a new Attachment Agreement for the Transaction(s) concerned (as per APPENDIX 4).If RTE has not received any such Notification from the User by the end of this period, RTE will terminate the Transaction(s) concerned, in accordance with the terms of Article 9.

  • If Notification is received less than 7 Days before the end of Month M, the change of Balance Responsible Entity will take place on the 1st Day of Month M+2.Within 5 days of receiving Notification from the User, RTE will Notify the Balance Responsible Entity to which the Transaction concerned is currently attached, that the Transaction is to be withdrawn from his Perimeter, together with the date on which the withdrawal will take place.

  • Based on these Programmes, RTE performs the necessary actions to integrate the corresponding figures.In any case, in order to link intraday Programmes with a Balance Responsible Entity, the User has to Notify a request for Intraday Transactions to RTE under the conditions of article 3.6.3.

  • If the User does not designate himself as the new Balance Responsible Entity, he shall provide the Attachment Agreement signed with the new Balance Responsible Entity (as per APPENDIX 4).If the User has not designated himself as the new Balance Responsible Entity or has not Notified RTE by registered mail with acknowledgement of any Attachment Agreement(s), RTE will terminate the Transaction(s) concerned, in compliance with Article 9.7.

Related to Balance Responsible Entity

  • Responsible Entity means Pendal Fund Services Limited ABN 13 161 249 332, AFSL 431426;

  • Responsible Company means, with respect to any Tax Return, the Company having responsibility for preparing and filing such Tax Return under this Agreement.

  • Responsible charge means direct control and personal supervision of engineering or surveying work.

  • Responsible Vendor means a vendor with adequate financial resources (or the ability to obtain such resources), who can comply with the delivery requirements, and who is a qualified and established firm regularly engaged in the type of business that provides the goods and/or services herein.

  • Responsible Respondent means a Respondent that has the capability in all material respects to perform the scope of work and specifications of the Contract. In determining whether a Respondent is a Responsible Respondent, the Agency may consider various factors including, but not limited to, the Respondent’s competence and qualifications to provide the goods or services requested, the Respondent’s integrity and reliability, the past performance of the Respondent and the best interest of the Agency and the State.

  • Responsible Contractor means a Contractor that has the capability in all material respects to perform the specifications of the Contract. In determining whether a Contractor is a Responsible Contractor, the Agency may consider various factors including, but not limited to, the Contractor’s competence and qualifications to provide the goods or services requested, the Contractor’s integrity and reliability, the past performance of the Contractor and the best interest of the Agency and the State.

  • Responsible adult means a parent, guardian or other adult specifically authorized by law or authorized by a parent or guardian to have custody or control of a minor.

  • responsible Minister , in relation to a scheme, means the Minister to whom the administration of the relevant scheme Act is for the time being committed by the Governor;

  • Responsible Party means a public or private body or any other person which, alone or in conjunction with others, determines the purpose of and means for processing personal information, as defined in POPI.

  • Responsible Officers of the Trustee hereunder shall mean any vice president, any assistant vice president, any trust officer, any assistant trust officer or any other officer associated with the corporate trust department of the Trustee customarily performing functions similar to those performed by any of the above designated officers, and also means, with respect to a particular corporate trust matter, any other officer of the Trustee to whom such matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture.

  • Responsible agency means a public agency, which proposes to carry out or approve a project, for which [a] Lead Agency is preparing or has prepared an EIR or Negative Declaration. For the purposes of CEQA, the term “responsible agency” includes all public agencies other than the Lead Agency, which have discretionary approval power over the project. (Section 15381)

  • Responsible Parties means all Retailers and Customers, including Transmission Load Customers, Distribution Load Customers, DG Customers, MG Customers or agents of the foregoing;

  • Responsible Authority means any of the following: -

  • Responsible Employee means an Employee (including a contract, temporary, or leased Employee) of the Health FSA Component or of the Employer whose duties (1) require that the Employee have access to PHI for purposes of Payment or Health Care Operations; or (2) make it likely that the Employee will receive or have access to PHI. Persons designated as Responsible Employees are described in Section 10.03. A Responsible Employee shall also include any other Employee (other than a designated Responsible Employee) who creates or receives PHI on behalf of a Health FSA Component, even though the Employee’s duties do not (or are not expected to) include creating or receiving PHI. Responsible Employees are within the Employer’s HIPAA firewall when they perform Health FSA Component functions.

  • Responsible administrative authority means, with respect to a structured settlement, any government authority vested by law with exclusive jurisdiction over the settled claim resolved by the structured settlement.

  • Responsible Offeror means an Offeror who submits a responsive proposal and who has furnished, when required, information and data to prove that his financial resources, production or service facilities, personnel, service reputation and experience are adequate to make satisfactory delivery of the services, or items of tangible personal property described in the proposal.

  • Responsible public entity means a public entity that has the power to develop or operate the applicable qualifying project.

  • Responsible official means one of the following:

  • Person responsible for the child s care” means (1) an individual functioning within the family unit and having responsibilities for the care of the child such as a parent, guardian, or other person having similar care responsibilities, or (2) an individual functioning outside the family unit and having responsibilities for the care of the child such as a teacher, school administrator, other school employees or agents, or other lawful custodian of a child having either full-time or short-term care responsibilities including, but not limited to, day care, babysitting whether paid or unpaid, counseling, teaching, and coaching.

  • Responsible Officer means, when used with respect to the Trustee, any officer within the corporate trust department of the Trustee, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration of this Indenture.

  • Responsible Bidder means a Bidder that has the capability in all respects to perform the requirements of the Contract. In determining whether a Bidder is a Responsible Bidder, the Agency may consider various factors including, but not limited to, the Bidder’s competence and qualifications to provide the goods or services requested, the Bidder’s integrity and reliability, the past performance of the Bidder relative to the quality of the goods or services offered by the Bidder and the best interest of the Agency and the State.

  • Responsible Financial Officer means, with respect to any Person, the chief financial officer or treasurer of such Person or any other officer, partner or member having substantially the same authority and responsibility.

  • Responsible Person means any person other than the registered owner of an immovable property who is legally responsible for the payment of municipal service charges.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Lowest responsible bidder means the Bidder submitting Lowest Responsible Bid.

  • Progress Assessment Report (PAR means the monthly compliance report to Owner verifying compliance with the HUB subcontracting plan (HSP).