Consumption BM Unit definition
Consumption BM Unit. : means a BM Unit which:
Consumption BM Unit. : means a BM Unit which:(i) in the case of a BM Unit other than an Interconnector BM Unit, is classified as a Consumption BM Unit in accordance with the provisions of Section K3.5.2 or, in the case of an Exempt Export BM Unit, the Lead Party has elected to treat as a Consumption BM Unit pursuant to Section K3.5.5; and(ii) in the case of an Interconnector BM Unit, is designated by the CRA as a 'Consumption' BM Unit pursuant to Section K5.5.5; "Consumption Energy Account": means an Energy Account designated by the CRA as a 'Consumption' Energy Account; "Consumption Interconnector BM Unit": an Interconnector BM Unit designated by the CRA as a 'Consumption' BM Unit; "Contiguous Assets": has the meaning given to that term in Annex K-2; "Contingency Provision": has the meaning given to that term in Section G1.1.4; "Contract for Difference": means a contract for difference entered into by a CfD Counterparty pursuant to Chapter 2 of Part 2 of the Energy Act 2013 or any contract treated as a CFD for the purposes of The Contracts for Difference (Electricity Supplier Obligations) Regulations 2014 by virtue of any provision made under paragraph 16(2) of Schedule 2 to the Energy Act 2013; "Contract Principles": has the meaning given to that term in Section E2.3.1; "Contract Renewal": means an extension to the duration (including the duration of any fixed term period) of a contract between a Supplier and Customer for the supply of electricity in respect of which the Metering System is an Advanced Meter in accordance with Section L2.2.2; "Contract Trading Party": means a Trading Party or the NETSO; "Contracting Party": has the meaning given to that term in Section H7.2.1; "Contracts for Difference Supplier Obligation": means the obligations of suppliers to make payments, or provide collateral to a CfD Counterparty established pursuant to the Energy Act 2013 and set out in The Contracts for Difference (Supplier Obligation) Regulations 2014; "Core Industry Document Owner": has the meaning given to that term in Section F1.6.3; "Core Industry Document": has the meaning given to that term in Section F1.6.3; "Corporate Functions Person": has the meaning given to that term in Section H4.1.1;