Default Supply Arrangement definition

Default Supply Arrangement means the supply of electricity from the applicable MSSL:
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Default Supply Arrangement means the supply of electricity from the applicable Market Support Services Licensee:
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Default Supply Arrangement means the supply of electricity from the Market Support Services Licensee (“MSSL”):
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Examples of Default Supply Arrangement in a sentence

  • Please refer to Diamond-Electric.com.sg/resources (Standard Terms & Conditions) for more information on the RoLR Framework.Default Supply Arrangement FrameworkThe Default Supply Arrangement (“DSA”) means the supply of electricity from the MSSL.

  • In the event that the Agreement has been terminated, the Retailer may refuse to retail electricity to the Consumer and transfer the Consumer to the MSSL under the Default Supply Arrangement with effect from the date immediately after the termination of the Contract Duration.

  • In the event that the Contract has been terminated, the Retailer may refuse to retail electricity to the Consumer and transfer the Consumer to the MSSL under the Default Supply Arrangement with effect from the date immediately after the termination of the Contract Duration.

  • A Market Support Services Licensee shall only terminate the Market Support Services Agreement with the defaulting Retail Electricity Licensee after all consumers of the defaulting Retail Electricity Licensee have been transferred to the Default Supply Arrangement or the alternative purchase arrangement, whichever is applicable.

  • We will notify you the effective date of termination of the agreement, the reason for termination and you will be transferred to MSSL under a Default Supply Arrangement (“DSA”) under clause 22.

  • A Market Support Services Licensee may charge a Retail Electricity Licensee for the cost of final meter readings and other allowable transaction costs associated with transferring consumers to the Default Supply Arrangement and alternative purchase arrangement (where applicable) under this section 14 at the rates referred to in section 6.2.2.

  • Submit the relevant service transaction request to place the defaulting Retail Electricity Licensee’s consumers on the Default Supply Arrangement as soon as practicable.

  • You fail to respond with Your chosen option within the period set out in Clause 17.3 (c) above, or You choose to novate the contract to another Retail Electricity Licensee but that option ceases to be available, then the Default Supply Arrangement shall apply.

  • Default Supply Arrangement 17A.1 You may be transferred to the MSSL under the Default Supply Arrangement without Your prior consent only if:- (a) Pursuant to Clause 10.3, Your Electricity Agreement expires, and You do not choose any of the options listed in Clause 10.3(c); or(b) A RoLR Event occurs.

  • In the case of an RoLR Event, unless you contract with and are successfully transferred to another electricity retailer or the MSSL prior to the Default Supply Effective Date (as defined in the Rules), you shall be deemed to have agreed to purchase electricity from the MSSL under the Default Supply Arrangement with effect on and from the Default Supply Effective Date.


More Definitions of Default Supply Arrangement

Default Supply Arrangement means the supply of electricity from the applicable Market Support Services Licensee (a) in the case of a customer who is eligible to apply to cease his classification as a contestable consumer under regulation 7 of the Electricity (Contestable Consumers) Regulations, at such tariff as may be set from time to time by the applicable Market Support Services licensee for non-contestable consumers and (b) in the case of a customer who does not fall within (a) above, at the prevailing market prices for the purchase of electricity from any wholesale electricity market through the applicable Market Support Services Licensee; “Default Supply Effective Date” is the date on which the Market Support Services Licensee successfully transfers the customer to a Default Supply Arrangement;
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Default Supply Arrangement means the supply of electricity from the Market Support Services Licensee at such tariff as may be set from time to time by the applicable Market Support Services Licensee for non-contestable consumers “EMA” Energy Market Authority “EMC” Energy Market Company; licensed to operate the wholesale electricity market. “SP Group” Refers to Market Support Service Licensee (“MSSL”), which provides services such as the settlement of bills, meter reading and data management, as well as customer transfer services for contestable consumers who switch from one electricity retailer to another. The current Market Support Service Licensee is SP Services Ltd, which is a member of SP Group. “Metering Equipment” means the metering equipment, instrument transformers (both voltage and current), load limiting, load monitoring devices, and other measuring equipment and apparatus used to measure the kilowatts hours, and/ or kilovoltamperes (reactive), and/ or kilowatt, and/ or kilovoltamperes demand at a Connection Point (as defined in the Metering Code) required by any applicable law or which may be stipulated by the EMA, the EMC, the Transmission Licensee, an MSSL or the Retailer from time to time. “Non-contestable” Customer” is an eligible customer who has opted to buy electricity from SP Services Limited (SPS) at the regulated tariff or decided to remain as a non- contestable customer and buy electricity from SP Services Limited (SPS) at the regulated tariff. The eligibility of such customers shall be determined by the Energy Market Authority of Singapore. Pricing and Payment Provisions means the terms and conditions in this Agreement which address or provide for matters on pricing, security deposit and applicable charges, including early termination charges, late payment fees and treatment for over- charging or under-charging by us. "Regulatory Authority" EMA and/or EMC.
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Default Supply Arrangement has the meaning given to it in the Code of Conduct for Retail Electricity Licensees (as may be amended from time to time).
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Default Supply Arrangement means the supply of electricity from the MSSL:
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Default Supply Arrangement means the supply of electricity from the applicable Market
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Related to Default Supply Arrangement

  • Default Supplier means a Retailer appointed by EDTI pursuant to section 3 of the RRR Regulation;

  • exempt supply means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the Integrated Goods and Services Tax Act, and includes non-taxable supply;

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • Subsidiary Financing Agreement means the agreement to be entered into between the Borrower and PPWSA pursuant to Section 3.02 of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Financing Agreement.

  • Supply Agreement has the meaning set forth in Section 7.2.

  • Clinical Supply Agreement has the meaning set forth in Section 4.2.

  • Subsidiary Joinder Agreement means a joinder to this Agreement, substantially in the form of Exhibit C.

  • Borrower Joinder Agreement means a Borrower Joinder Agreement substantially in the form of Exhibit B-1.

  • Service Level Agreement (SLA means the Contractual Commitment that prevails between the Buyer and the Service Provider with regard to type of service to be provided, deliverables, desired performance level, reliability and responsiveness, monitoring process and service level reporting, response and issue resolution time-frame, repercussions / penalties / remedies for service provider not meeting its commitment. The SLA of a particular contract may carry the matrix regarding the delivery of the goods and/or services and the corresponding penalties or remedies and liquidated damages as applicable.

  • Permitted Lock-Up Agreement means an agreement between a Person and one or more holders of Voting Shares pursuant to which such holders (each a “Locked-Up Person”) agree to deposit or tender Voting Shares to a Take-Over Bid (the “Lock-Up Bid”) made or to be made by such Person or any of such Person’s Affiliates or Associates or any other Person with which such Person is acting jointly or in concert, provided that:

  • Lender Joinder Agreement means a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent delivered in connection with Section 5.13.

  • Significant Transaction or Arrangement means any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the material unlisted subsidiary for the immediately preceding accounting year.

  • Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement was terminated effective April 30, 2020. See "Description of the Business - Marketing and Distribution".

  • Tri-Party Agreement shall have the meaning set forth in Section 6.4 hereof.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Commercial Supply Agreement has the meaning set forth in Section 6.1.

  • Self Supply LSE means a Load Serving Entity in one or more Mitigated Capacity Zones that operates under a long-standing business model to meet more than fifty percent of its Load obligations through its own generation and that is a Public Power Entity, “Single Customer Entity,” or “Vertically Integrated Utility.” For purposes of this definition only: (i) “Vertically Integrated Utility” means a utility that owns generation, includes such generation in a non-bypassable charge in its regulated rates, earns a regulated return on its investment in such generation, and that as of the date of its request for a Self Supply Exemption, has not divested more than seventy-five percent of its generation assets owned on May 20, 1996; and (ii) “Single Customer Entity” means an LSE that serves at retail only customers that are under common control with such LSE, where such control means holding 51% or more of the voting securities or voting interests of the LSE and all its retail customers.

  • Specified Acquisition Agreement Representations means such of the representations and warranties made by, or with respect to, the Company and its Subsidiaries in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that the Borrower or its Affiliates has the right to terminate its (or their) obligations under the Acquisition Agreement, or decline to consummate the Acquisition in accordance with the terms of the Acquisition Agreement, as a result of a breach of such representations and warranties.

  • Incremental Agreement shall have the meaning provided in Section 2.14(e).

  • Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.

  • Restricted Supplier means any person, company, business entity or other organisation whatsoever who has supplied goods or services to the Company or any Group Company (other than utilities and goods or services supplied for administrative purposes) during any part of the Relevant Period or who has agreed prior to the Termination Date to supply goods or services to the Company to commence at any time in the 12 months following the Termination Date.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

  • Material Indebtedness Agreement means any agreement under which any Material Indebtedness was created or is governed or which provides for the incurrence of Indebtedness in an amount which would constitute Material Indebtedness (whether or not an amount of Indebtedness constituting Material Indebtedness is outstanding thereunder).