Capacity Release definition

Capacity Release means those contract rights released to Manager, as specifically set forth in Section 2.01 of this Agreement, and for which Manager is designated agent, as provided in Section 3.01.
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Capacity Release means the release by a firm Shipper of its capacity.
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Capacity Release means the release of interstate pipeline transportation and storage capacity to replacement shippers pursuant to applicable FERC rules.
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Examples of Capacity Release in a sentence

  • To the extent Customer so desires, when it releases capacity pursuant to Section 3.14 of the General Terms and Conditions, Customer may require privity between Customer and the Replacement Customer, as further provided in the applicable Capacity Release Umbrella Agreement.

  • The Company's net income shall be calculated by subtracting from total net income the Company’s share of margins from: (1) Interruptible Sales; (2) Interruptible Transportation; (3) On-System Capacity Release; (4) Off-System Sales and Capacity Release; and (5) the Storage Incentive Mechanism.

  • One hundred percent of Capacity Release Credits obtained for release of upstream capacity to converting sales Customers or their Suppliers required to take such capacity shall be credited to the monthly gas supply charge.

  • Estimated annual Non-Commodity gas costs shall be equal to estimated annual Demand Costs, less estimated annual Capacity Release Benefits, plus or minus estimated annual pipeline refunds or surcharges.

  • This Statement is also complementary to National Grid’s Exit Capacity Release (ExCR) methodology statement, which details the criteria by which National Grid will release NTS exit capacity.

  • This Exit Capacity Release Methodology Statement (the “Statement”)1 describes the methodology that National Grid Gas plc (“National Grid”) in its role as holder of the Gas Transporter Licence in respect of the NTS2 (the “Licence”) employs for the release of all Exit Capacity, i.e. incremental and existing system Exit Capacity.

  • This Statement is complementary to National Grid’s Entry Capacity Release (ECR) methodology statement, which details the criteria by which National Grid will release incremental NTS entry capacity.

  • Algonquin EDC Capacity Release Bidding Requirements Exemption Request...................

  • The earliest date upon which a reduction may be effective shall be 1 October in Gas Year Y+1 or such later date (being the first day of a calendar month) as determined in accordance with the principles in the prevailing Exit Capacity Release Methodology Statement.

  • In each Gas Year (Y) Users may apply for Enduring Annual NTS Exit (Flat) Capacity to be registered as held with effect from the first Day of any month within Gas Years Y+4, Y+5 or Y+6 or in accordance with the provisions of 3.2.3(b), at each NTS Exit Point, in accordance with the further provisions of this paragraph 3.2 and having regard to the Exit Capacity Release Methodology Statement.


More Definitions of Capacity Release

Capacity Release means the release of transportation or storage capacity pursuant to the terms and conditions of an Interstate Pipeline's effective gas tariff on file with the Federal Energy Regulatory Commission as contemplated by 18 C.F.R. Part 284 or successor regulations, and "Released Capacity" shall refer to capacity that has been released pursuant to a Capacity Release.
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Capacity Release means the capacity assigned to another shipper or consumer.
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Related to Capacity Release

  • Capacity Resource shall have the meaning provided in the Reliability Assurance Agreement. Commencement Date:

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Threat of Release means a substantial likelihood of a Release that requires action to prevent or mitigate damage to the Environment that may result from such Release.

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Third-Party Release means the release given by each of the Releasing Parties to the Released Parties as set forth in Article VIII.E of the Plan.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement. Generation Interconnection Customer:

  • Work release means a program of partial confinement

  • Release Condition means the following:

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Pre-Release Transaction shall have the meaning set forth in Section 5.10.

  • extended producer responsibility ’ (EPR) means responsibility of any producer of packaging products such as plastic, tin, glass, wrappers and corrugated boxes, etc., for environmentally sound management, till end-of-life of the packaging products ;

  • Major Release means a major update or upgrade to the Software, which includes significant enhancements and/or a major redesign of the Software, identified by Bosch by a change to the first digit in the release number (e.g. change from version 2.0 to 3.0).

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Seller Released Parties has the meaning ascribed to such term in Section 5.6(a).

  • Capacity Market Seller means a Member that owns, or has the contractual authority to control the output or load reduction capability of, a Capacity Resource, that has not transferred such authority to another entity, and that offers such resource in the Base Residual Auction or an Incremental Auction.

  • Company Released Parties means the Company and any of its past or present employees, agents, insurers, attorneys, administrators, officials, directors, shareholders, divisions, parents, members, subsidiaries, affiliates, predecessors, successors, employee benefit plans, and the sponsors, fiduciaries, or administrators of the Company’s employee benefit plans.

  • New Release means new releases, updates or versions of the Software made generally available by SAP through unrestricted shipment pursuant to SAP Support after the Effective Date of the Agreement.

  • Capacity Storage Resource means any hydroelectric power plant, flywheel, battery storage, or other such facility solely used for short term storage and injection of energy at a later time to participate in the PJM energy and/or Ancillary Services markets and which participates in the Reliability Pricing Model.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Blender means a person who produces blended fuel outside the terminal transfer system.

  • Released Party means collectively, and in each case in its capacity as such:

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • Conditional release means a revocable modification of a

  • Capacity Market Buyer means a Member that submits bids to buy Capacity Resources in any Incremental Auction.

  • Release Request has the meaning set forth in Section 2.1.