EIM Participation definition

EIM Participation means use of Purchaser’s Output in an organized market where Output dispatch instructions come from a market operator or similar party.
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Examples of EIM Participation in a sentence

  • All EIM Transfers using the BPA Transmission System will be exempt from real power loss returns during EIM Participation.

  • EIM Participation If the District chooses to become an EIM participant during the term of this Agreement, Purchaser’s Output will be subject to the terms of any EIM agreements with the market operator.

  • Lessee shall be responsible for all expenses of lessor in such taking of equipment and all collection costs, including but not limited to collection angencies, attorneys and court costs.

  • EIM Participants will still be subject to paying their allocated share of ongoing BANC EIM costs required by the EIM Participation Agreement or these BPsduring the Suspension Period.

  • Such account may include, but is not limited to, the EIM Participant Reserve Account, as created and set forth in the EIM Participation Agreement.

  • During the term of this Contract, the District may, at its sole discretion, join, contract with, or enable third party participation with a market operator or similar entity (EIM Participation) which would cause imbalances to be settled by a third party or pursuant to a different methodology.

  • Purchaser must schedule its Purchaser’s Output by the use of hourly schedules unless a Dynamic Transfer Agreement or EIM Participation Operating Agreement is executed with the District as is described in Section 6(q) (r) and (s).

  • WAPA further notes that all other participating load serving entities within the SNR Sub-BAA have executed the EIM Participation Agreement with BANC.

  • Notwithstanding the foregoing, penalties allocated to BANC due to BANC violations of Reliability Standards arising from EIM Participation will be addressed in accordance with this Agreement and not the Member Agreement.

  • PPC’s Comments on BPA’s Letter to the Region on EIM Participation (July 22, 2019), available at https://www.ppcpdx.org/wp-content/uploads/PPC-Comments-on- BPA-Letter-to-the-Region-Final.pdf.

Related to EIM Participation

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.

  • Participations shall have the meaning set forth in Section 13.1 hereof.

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Effective date of participation means July 1, 1968, except with

  • Participation Notice has the meaning set forth in Section 4.2;