BM Unit definition

BM Unit. “BM Unit Metered Volume”, “Boundary Point”, “BSC Agent”, “BSC Company”, “Clock Change Day”, “Code Subsidiary Document”, “Communications Equipment”, “Credited Energy Volume”, “Daily Party Energy Imbalance Cashflow”, “Material Change”, “Metering Equipment”, “Metering System”, “MSID”, “Registrant”, “Residual Cashflow Reallocation Cashflow”, “Settlement Run”, “Trading Dispute” and “Trading Unit” have the meanings given to such terms in the BSC, save that references to Metering Equipment within the definition of “Material Change” shall be replaced by references to Facility Metering Equipment.

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BM Unit means an Open Season User’s Production Interconnector BM Unit and Consumption Interconnector BM Unit under the Balancing and Settlement Code;

BM Unit has the meaning given to it in the BSC; BSC means the Balancing and Settlement Code that is provided for in Standard Condition C3 (Balancing and Settlement Code (BSC)) of the Transmission Licence; Business Day means a day (other than a Saturday or a Sunday) on which banks are open for general business in London; Calculation Date means the date which is three (3) Months before the date which the Generator specified as its preferred effective date for this Agreement in its expression of interest to the Authority;

Examples of BM Unit in a sentence

• For the avoidance of doubt, in the event this Mandatory Services Agreement is terminated in relation to any individual BM Unit, the provisions of this Clause 4 shall terminate in relation to that BM Unit only.

• For the avoidance of doubt, with effect from the expiry or termination of any Market Agreement such provisions shall in relation to that BM Unit cease to be suspended and shall resume full force and effect.

• The User will provide The Company with the information needed to complete details of these BM Unit Identifiers as soon as practicable after the date hereof and thereafter in association with any request to modify the Transmission Entry Capacity and The Company shall prepare and issue a revised Appendix C incorporating this information.

• For the avoidance of doubt, the issue by The Company in relation to the BM Unit of a Reactive Despatch Instruction to unity power factor or zero Mvar shall not imply demonstration to The Company’s reasonable satisfaction of compliance as referred to above nor imply in relation to the BM Unit agreement by The Company of an earlier date as referred to herein.

• Boundary For the purposes of Appendix 8 to the CUSC Schedule, the following table shows the reactive load applicable to each of the relevant BM Units, constituting the respective value Qts referred to therein:- BM Unit Qts Station: BM Unit Nos.

More Definitions of BM Unit

BM Unit. : means a Primary BM Unit established and registered (or to be established and registered) by a Party in accordance with Section K3 or a Secondary BM unit established and registered (or to be established and registered) by a Party in accordance with Section K8 or, where the context so requires, the Plant and/or Apparatus treated as comprised in or assigned to such unit for the purposes of the Code;

BM Unit has the meaning given to that term in the Balancing and Settlement Code;

BM Unit has the meaning given in the BSC; BSC Co has the meaning given in BSC; BSC Procedure 71 or BSCP 71 means a document of that name, as established or adopted and from time to time modified in accordance with the BSC, setting out, inter alia, procedures to be complied with by the Parties in, and other matters relating to, the implementation of Section P of the BSC; Business Day means a day (not being a Saturday or Sunday) on which banks are open for general banking business in the City of London;

BM Unit. BM Unit Metered Volume", "Boundary Point", "BSC Agent", "BSC Company", "Communications Equipment", "Metering System", "Registrant", "Settlement Run", and "Trading Dispute" have the meanings given to such terms in the BSC.‌

BM Unit. “BM Unit Metered Volume”, “BSC Company”, “Clock Change Day”, “Code of Practice”, “Code Subsidiary Documents”, “Credited Energy Volume”, “Metering Equipment”, “MSID”, “Registrant”, “Residual Cashflow Reallocation Cashflow”, “Settlement Run”, “Supplier”, “Trading Disputes”, “Trading Units” and “Transmission Loss Multiplier” have the meanings given to such terms in the BSC.

BM Unit has the meaning given to it in the BSC; Affiliate means, in relation to any person, any holding company or subsidiary of that person from time to time or any company which is a subsidiary company of any holding company of that person from time to time, a reference to a holding company or a subsidiary means a holding company or subsidiary (as the case may be) as defined in section 1159 of the Companies ▇▇▇ ▇▇▇▇;

BM Unit has the meaning given in the BSC; BSC Co has the meaning given in BSC; Business Day means a day (not being a Saturday or Sunday) on which banks are open for general banking business in the City of London;