BSP Group definition
BSP Group. : means either of those distinct electrical systems in place under SAS and consisting of:
BSP Group means BSP and any other subsidiary, related company or holding company of BSP. Business Day means each day, excluding Saturdays, Sundays and public holidays in Papua New Guinea. Companies Act means the Companies Act 1997.
BSP Group. : means either of those distinct electrical systems in place under SAS and consisting of:(i) all or part of the distribution system;(ii) exempt distribution system; or(iii) Grid-connected composite site(s); or(iv) Grid-connected customer site(s);supplied from one or more Bulk Supply Points and which were known, under SAS as North Scotland _P and South Scotland _N respectively; "Bulk Supply Point": means a point of supply from a transmission system to a:(i) Distribution System; or(ii) Exempt Distribution System; or(iii) Grid-connected composite site; or(iv) Grid-connected customer site;and which was located in Scotland and known as a Bulk Supply Point under SAS; "Business Day": means a day (other than a Saturday or a Sunday) on which banks are open in London for general interbank business in Sterling and, in relation to payment in euro, any such day when in addition the Trans European Automated Real-time Gross Settlement Express Transfer System is operating; "Business Hours": means unless otherwise expressly stated the period from 0900 hours to 1700 hours on a Business Day; "Business Person/Personnel": has the meaning given to that term in Section H4.1.1; "Business Strategy": has the meaning given to that term in Section C6; "Capacity Agreement": has the meaning given to that term in the Capacity Market Rules; "Capacity Market Documents": has the meaning given to that term in Section F1.6.3; "Capacity Market Rules": means the rules so called and created pursuant to Section 34 of the Energy Act 2013, and from time to time modified in accordance with The Electricity Capacity Regulations 2014; "Capacity Provider": has the meaning given to that term in the Capacity Market Rules; "Cash Cover": means (subject to the provisions of Section N) cash for the time being delivered by a Trading Party to the FAA in accordance with Section M2.1.1(b); "CCGT Module": has the meaning given to that term in the Grid Code;
Examples of BSP Group in a sentence
You consent and agree that we may (without liability) collect, use and disclose all information concerning you and the Agreement to any BSP Group member, Government Agency, or other law enforcement agency or court as required by any Relevant Law or if we consider, in our sole discretion, that such disclosure is necessary for us or for you to comply with the Relevant Laws.
Hourly Customers shall pay Settlement Charges on the basis of per kWh of the Supplier BSP Group Purchases supplied by the Supplier to its Non-Half Hourly Customers, to the intent that Suppliers of both Half-Hourly and Non-Half Hourly Customers bear 70% of the Total Cost Recovery in any Relevant Year.
More Definitions of BSP Group
BSP Group means BSP Financial Group Limited and its subsidiaries, branches and related entities (or any one or more of them) operating from time to time in any jurisdiction; Government Agency means any government or any governmental, semi-governmental, administrative, fiscal or judicial body, department, commission, authority, tribunal, agency or entity; Relevant Law means any law of any jurisdiction enacted to enable Government Agencies of that jurisdiction to detect and deter money laundering and terrorist financing.