Balancing Agreement definition

Balancing Agreement means the agreement to be concluded with the Balancing Operator in respect of the Balancing in the BeLux Area as approved by both national regulatory authorities in Luxembourg and Belgium, ILR (“Institut luxembourgeois de Régulation”) and XXXX for H-zone and by XXXX for L-zone. The Balancing Agreement is published by the Balancing Operator on its website.

Balancing Agreement means the balancing agreement dated as of the Series Issue Date of the ETC Securities entered into by the Issuer and the Programme Counterparty by execution of the Issue Deed, as such Balancing Agreement is amended, supplemented, novated or replaced from time to time.

Balancing Agreement means [each Utility to insert title and description of its applicable operational balancing agreement].

Examples of Balancing Agreement in a sentence

• Set out below is a description of the circumstances and events in which a Balancing Agreement Early Termination Date may be designated or occur.

• This has been demonstrated based on the comparison of Tosoh G8 and the IFCC HbA1c Capillary Electrophoresis Reference Method.8 In the event that the LA1c peak is greater than 10% (an indication of inadequate separation of HbF from LA1c), the analysis is repeated.

• Certain events, such as where there is a disruption to the trading of the relevant Metal or, for FX Hedged ETC Securities, foreign exchange futures contracts or where the Programme Counterparty is not able to adequately protect itself in respect of its risk under the Balancing Agreement, may lead to a delay or use of an adjusted method in the calculation and publication of the Metal Entitlement per ETC Security and the Value per ETC Security and/or result in the early redemption of the ETC Securities.

• For the purposes of Condition 8(b) an Early Redemption Event in the form of an “ETC Securities Balancing Agreement Redemption Event” will occur on the fourth Business Day following the date of the Programme Counterparty Default Redemption Notice.

• Appalachian production delivered into NFGSC may be used as a component of Supplier’s GUTC on a year-to-year basis provided that such production has real time measurement and/or an Operational Balancing Agreement ("OBA") with NFGSC.

More Definitions of Balancing Agreement

Balancing Agreement means the contract under which the Balancing Services are subscribed and used in the BeLux Zone by the Network User.

Balancing Agreement means any agreement for the provision of balancing and related services entered into between the Producer and a Balance Responsible Entity designated by the Buyer through the duration of the Agreement.

Balancing Agreement means the Balancing Agreement of even date herewith between Agave and Seller, as the same may be amended, supplemented or modified from time to time.

Balancing Agreement means the standardized agreement, which may be concluded by a market participant with any TSO in the common balancing zone, in order to become a network user within the meaning of the Regulation.

Balancing Agreement means the California Production Balancing Agreement (Form 79-944).

Balancing Agreement means the agreement to be concluded between Balancing Operator and Grid User in respect of the Balancing in the BeLux Area as approved by the Competent Regulator(s) and published by the Balancing Operator on its website.

Balancing Agreement means a contract governing scheduling and balancing of designated supplies at designated points on Transporter's system, so that differences between actual flows and scheduled quantities are allocated to such Balancing Agreement, and shall include (as the context requires) Receipt Point Balancing Agreements, Delivery Point Balancing Agreements, Pipeline Balancing Agreements and Balancing Agreements with Aggregators.