Balancing Group definition

Balancing Group means, in accordance with article L.321-15 of the French Code de l’énergie and the Balance Responsible Entity Regulations, all means of power injection into and of power withdrawal from the transmission or distribution network the Balance Responsible Entity is responsible for.
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Balancing Group shall have the same meaning as balancing group in the English translation of the TCs;
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Balancing Group means a balancing group pursuant to Section 3 number 10a of the Energy Industry Act,
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Examples of Balancing Group in a sentence

  • ECC shall revoke approval as a Trading Participant for a quality-specific gas product, if it is demanded by the responsible Balancing Group Network Operator.

  • The term " NetConnect Germany (NCG) Rules" means the current NCG Network Access Conditions and NCG Balancing Group Contract and any manuals, procedures, practices or directions of NCG which support the operation of NCG as amended from time to time.

  • In the above cases the Balancing Group Manager shall not be entitled to request use of the relevant web-based communication channel.

  • In each such case the Market Area Manager shall notify the Balancing Group Manager thereof without undue delay.

  • All declaration notices shall be sent to the Balancing Group Manager separately by the 18th Business Day of the month preceding the relevant Delivery Month.

  • The Balancing Group Manager shall have the right to object to the termination of its contract by giving notice to this effect in writing.

  • If the address, company name or legal form of the Balancing Group Manager changes, the Balancing Group Manager shall submit an updated registration certificate issued by the relevant customs administration office.

  • In respect of the services provided under this contract the Balancing Group Manager shall pay to the Market Area Manager all relevant fees and charges as determined in accordance with this contract.

  • The SLP Balancing Neutrality Charge shall be borne by all Balancing Group Managers supplying gas at SLP Exit Points.

  • The Market Area Manager shall forward this documentation to the Balancing Group Manager.


More Definitions of Balancing Group

Balancing Group means a group made up of one or more electricity market participants whose imbalances fall under the responsibility of a single balancing group responsible party;
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Balancing Group means a group of two or more balance responsible parties where one of the participants is selected to consolidate forecasts, submit and financially settle group imbalances with OST, in accordance with Applicable Laws, in particular the Provisional Balancing Rules;
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Balancing Group means a group of system users with respect to which the volume imbalances of the injection and off-take of natural gas are offset and calculated within a billing period;
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Related to Balancing Group

  • Steering Group means the Anti-Money Laundering Steering Group appointed pursuant to section 5;

  • balancing means (in relation to the Network and any relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular, measures:

  • SAP Group means SAP Parent and any of its Associated Companies.

  • User Group means (a) you; (b) any entity or individual that Stripe reasonably determines is associated with you; and (c) each of your and their Affiliates; that has entered into an agreement with Stripe (or an Affiliate of Stripe) under which Stripe or its Affiliate provides services.

  • Gas Balancing Agreement means any agreement or arrangement whereby any Credit Party, or any other party having an interest in any Hydrocarbons to be produced from Mineral Interests in which any Credit Party owns an interest, has a right to take more than its proportionate share of production therefrom.

  • banking group means the New Zealand business of the registered bank and its subsidiaries as required to be reported in group financial statements for the group’s New Zealand business under section 461B(2) of the Financial Markets Conduct Act 2013.

  • Imbalance Energy means the amount of Energy, in any given settlement period, by which the amount of Delivered Energy deviates from the amount of Scheduled Energy.

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Selling Group has the meaning ascribed thereto in Section 2.2;

  • Customer Group means, collectively, Customer, its parents and Affiliates, its Agents, and its and their respective managing members, general and limited partners, officers, directors, employees, and other representatives.

  • DBS Group means any of DBS’s subsidiaries, DBS’s holding company and any subsidiaries of DBS’s holding company;

  • Working Group means representatives of the Applicable Registry Operators and other members of the community that the Registry Stakeholders Group appoints, from time to time, to serve as a working group to consult on amendments to the Applicable Registry Agreements (excluding bilateral amendments pursuant to Section 7.6(i)).

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Member means a member of the Board;

  • Service Group means any one or more (as the context may require) of the service groups described in this Schedule;

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • the Group means the Company and its subsidiary undertakings (if any); and

  • Supplier Group means the Supplier and its Affiliates from time to time and "Supplier Group Company" means any company or corporation within the Supplier Group;

  • SAP Group Software means (i) any and all software products listed on the Price List as well as any SAP SDK which are provided by SAP or any other member of the SAP Group to Partner or to an End User (either directly or indirectly via Partner) under any part of this Agreement all as developed by or for the SAP Group; (ii) any new releases, updates or versions thereof made available through unrestricted shipment pursuant to Maintenance Services or warranty obligation by any member of the SAP Group; and (iii) any complete or partial copies of any of the foregoing.

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • Third-party logistics provider means a person that provides or coordinates warehousing of or other logistics services for a drug or device in interstate commerce on behalf of a manufacturer, wholesale distributor, or dispenser of the drug or device but does not take ownership of the product or have responsibility for directing the sale or disposition of the product.

  • Purchasing group means any group which:

  • Xxxxx Group means Xxxxx and any Affiliate of Xxxxx.

  • Client Group means Client, any corporate body of which Client is a subsidiary (as defined by s. 1159 of the Companies Act 2006), any other subsidiary of such corporate body and any subsidiary of Client;