Conditional Firm definition

Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the Interconnector Access Code;
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Conditional Firm means a form of Transmission Service which Bonneville may offer under a separate arrangement if Bonneville determines it does not have sufficient long-term ATC to meet the request. Conditional Firm includes less-than-firm transmission service defined by a lower curtailment priority in either a defined number of hours in a year or during predefined system conditions [FERC Order No. 890, ¶¶ 911 and 912), which Bonneville will use due diligence to develop but is not obligated to offer under this Agreement.
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Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the IAC; “Conditional Firm CF1” has the meaning given in Section I paragraph 4.4 of the IAC;
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Examples of Conditional Firm in a sentence

  • Bonneville will remove NT Conditional Firm from the tariff and commits to implementing NT Service as described in the NT Service Overview flowchart in Attachment 6 to this TC-20 Settlement Agreement.

  • In this event, the terms of service of the Conditional Firm offer, although developed to interface with this Agreement, shall be implemented and administered independently from this Agreement.

  • If the Customer elects not to accept a Conditional Firm offer on a TSR associated with this Agreement, Bonneville shall have no obligation to make a subsequent Conditional Firm offer.

  • If Bonneville determines that it may not meet either the Rate Treatment or the Decision to Build deadline described in section 5(e)(1), and does not expect to make the Customer an offer of Conditional Firm service by such deadlines, Bonneville shall notify the Customer and shall specify in such notice(s) when Bonneville expects to make the determination(s) in sections 5(b)(1) or 5(d).

  • No later than 39 months after the date of the notice given pursuant to section 5(b)(1), Bonneville shall either: notify the Customer pursuant to section 5(f), or have made the Customer an offer of Conditional Firm service pursuant to section 8.

  • If the Customer elects to accept a Conditional Firm Service offer on a TSR associated with this Agreement, Bonneville shall unilaterally update the TSR by means of a pen and ink change to the Table, and provide the Customer with a copy of the updated Table containing the new TSR Assign Ref Number.

  • At any time during the term of this Agreement, Bonneville may at its discretion, and consistent with OASIS queue priority, offer Conditional Firm service to the Customer.

  • Any Bonneville offer of Conditional Firm Service will be made independently of this Customer election related to partial Transmission Service.

  • LG&E agrees to construct new facilities or facility upgrades on its system called for in generator interconnection agreements that are filed with the Commission prior to the Withdrawal Date or relating to Conditional Firm Transmission Service requests where those requests have been accepted or counter-offered by the Midwest ISO.

  • Transmission Provider agrees to provide and Transmission Customer agrees to take and pay for Firm Point-to-Point Transmission Service and Conditional Firm Point-to-Point Transmission Service in accordance with the terms of this Agreement.


More Definitions of Conditional Firm

Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the IUK Access Code;
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Conditional Firm has the meaning given in Section B paragraph 2.1(b) of the IUK Access Code; “Conditional Firm CF1” has the meaning given in Section I paragraph 4.4 of the IUK Access Code;
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Related to Conditional Firm

  • Additional Filing Date means the date on which the Additional Registration Statement is filed with the SEC.

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • Conditional Acceptance means a conditional acceptance by the Liquidity Provider of an extension of the Scheduled Termination Date.

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.