Economic Test definition

Economic Test means a test which is, or is to be, applied to assess the economic viability of an Incremental Capacity Project, the parameters of which are set out in section 4.6.2;

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Economic Test means a test applied to assess the economic viability of incremental capacity projects;

Economic Test means the test identified as such in any joint project proposal submitted in accordance with Part H (Operations) Section 8.5.1 as approved in any decision of the Commission and any other regulatory authority published in accordance with Part H (Operations) Section 8.5.2;

Examples of Economic Test in a sentence

• The Company shall pay the Company Development and Construction Costs Contribution and the Supplemental Economic Test Contribution in accordance with this Clause 7.

• Not later than (i) twenty-one (21) days after the initial APOD Economic Test Date and (ii) forty-five (45) days after each subsequent APOD Economic Test Date, a certificate of a Responsible Officer setting forth reasonably detailed calculations showing compliance or non-compliance with the APOD Economic Test; provided that, for the avoidance of any doubt, no such certificate shall be required on or after December 31, 2023.

• CP Longstop Date: Target Completion Date: Estimate: Amount of Estimated Company Development and Construction Costs Contribution Amount of Estimated Supplemental Economic Test Contribution .

• In case one or more other system user(s), who have contracted capacity in the ROHUAT Open Season 2017/2018 for the Interconnection Point Mosonmagyaróvár, timely exer- cise their special right of termination leading to a negative Economic Test III, the Bid submission window III will be opened.

• If bid submission windows III and subsequently IV lead to a negative Economic Test IV, GCA shall have the right and obligation to terminate this capacity con- tract latest by 3 May 2019 by sending a duly signed termination notice concerning this capacity contract to the System User As a consequence of said termination notice this capacity contract shall be deemed termi- nated.

• Without limiting the foregoing, the Company shall ensure that it notifies the Parent of any significant discussions with the OPA regarding any of the Company Projects and provides the Parent on a timely basis with copies of all communications, notices and correspondence received from the OPA, including any Offer Notices, Economic Test Notices and Production Line Confirmations.

• If the results of this Bid Submission Window III re- ▇▇▇▇ again in a negative Economic Test IV, GCA shall have the right and obligation to termi- nate this capacity contract latest by 3 December 2018 by sending a duly signed termination notice concerning this capacity contract to the System User.

• Not later than (i) twenty-one (21) days after the initial APOD Economic Test Date and (ii) forty-five (45) days after each subsequent APOD Economic Test Date, a certificate of a Responsible Officer setting forth reasonably detailed calculations showing compliance or non-compliance with the APOD Economic Test.

• In case one or more other System User(s), who have contracted capacity in the HUSKAT Open Season 2018/2019 for the Interconnection Point ▇▇▇▇▇▇▇▇▇▇, timely exercise their special right of termination leading to a negative Economic Test, the bid submission win- dow III will be opened.

• If the NU does not pay within the deadline, the TSO shall execute the financial guarantee for the submission of the bids established in line with the Open Season Rulebook, e) by operation of law following the notification sent by the TSO to the NU prior to 12.03.2019, if the result of the Economic Test conducted in line with the Open Season Procedure remains negative.

More Definitions of Economic Test

Economic Test means the test, operated and calculated by NGN, which is used to determine the amount NGN will contribute towards the provision of additional gas transportation capacity through the development of further infrasturcture.

Economic Test means the test applied to assess the economic viability of incremental ca- pacity projects as stipulated in the CAM NC.

Economic Test means the mathematical calculation applied to assess the economic viability of incremental and new capacity projects;

Economic Test means the test applied to assess the economic viability of incremental ca-

Economic Test means a test app ied to assess the economic viabi ity of incremental capacity projects;