Default Nomination definition

Default Nomination means the automatic generation and submission of Mid North Sea Nominations in respect of a particular Timescale which are identical to the ICE notified to the Participant in respect of such Timescale;
Sample 1Sample 2Sample 3
Default Nomination means the automatic generation and submission of Mid-
Sample 1Sample 2Sample 3

Examples of Default Nomination in a sentence

  • Where such deactivation is received by the Nomiantion Platform after the Nomination Gate, any existing valid Mid-Interconnector Nomination resulting from a Default Nomination remains unchanged.

  • Where such deactivation is during a relevant Nomination Gate, any existing valid Mid North Sea Nomination resulting from a Default Nomination remains unchanged.

  • The Unit Holder may deactivate its Default Nomination on the Auction Tool at any time.

  • In every case, the said provision terminates at the agreed date of the vehicle’s repair.

  • The registered Default Nomination is considered as a schedule of Mid-Channel Nominations submitted by the Unit Holder for the relevant Timescale at the opening of the relevant period for Nomination.

  • The Unit Holder may modify the Mid Channel Nomination resulting from the Default Nomination within the relevant Nomination period.

  • D2.14 The registered Default Nomination is considered as a schedule of (Mid North Sea) Nominations submitted by the Unit Holders for the relevant Timescale at the opening of the relevant Nomination Gate (or each relevant Nomination Gates in the case of Intraday).

  • Where such deactivation is received by the Nomination Platform after the Nomination Gate, any existing valid Mid-Interconnector Nomination resulting from a Default Nomination remains unchanged.

  • Where such deactivation is received by the Nomination Platform after the opening of the Nomination Gate, any existing valid Nomination Amount resulting from a Default Nomination remains unchanged unless or until manually changed prior to the closure of such Nomination Gate.3. Deemed Metered Volumes are further defined in the Business Rules.

  • In the absence of valid nominations sent by the Network Users before the Nomination Deadline, the respective TSOs shall apply the relevant Default Nomination Rule.

Related to Default Nomination

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (a) was a member of such board of directors on the Closing Date, or (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):

  • MREL Disqualification Event means that, at any time, all or part of the outstanding nominal amount of Securities is or will be excluded fully or partially from the eligible liabilities available to meet the MREL Requirements provided that: (a) the exclusion of a Series of such Securities from the MREL Requirements due to the remaining maturity of such Securities being less than any period prescribed thereunder, does not constitute a MREL Disqualification Event; (b) the exclusion of all or some of a Series of Securities due to there being insufficient headroom for such Securities within a prescribed exception to the otherwise applicable general requirements for eligible liabilities does not constitute a MREL Disqualification Event; and (c) the exclusion of all or some of a Series of Securities as a result of such Securities being purchased by or on behalf of the Issuer or as a result of a purchase which is funded directly or indirectly by the Issuer, does not constitute a MREL Disqualification Event.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding (as defined below) in respect of which indemnification is sought by Indemnitee.