Equivalent Agreement definition

Equivalent Agreement means the connection agreement that the Customer would have had with the Other TSO if the point of connection was in Northern Ireland, if the Customer had applied to the Other TSO for a connection agreement, and the Other TSO entered into such an agreement in accordance with its licence;
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Equivalent Agreement means the use of system agreement that the User would have had with the Other TSO if the Connection Point was in the Republic of Ireland, if the User applied to the Other TSO for a use of system agreement, and if the Other TSO entered into such an agreement in accordance with its licence;
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Equivalent Agreement means, with respect to a Covered Agreement and a Resolution under an Identified Regime, an Eligible Agreement with the same terms as the Covered Agreement but governed by the laws of the jurisdiction of such Identified Regime, provided that:—
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Examples of Equivalent Agreement in a sentence

  • The Commission establishes Docket No. R2014–2 to consider matters raised by the Notice of United States Postal Service of Type 2 Rate Adjustment, and Notice of Filing Functionally Equivalent Agreement, filed November 15, 2013.

  • Aurizon Network warrants, and the Funding User acknowledges, that each Equivalent Agreement will contain a clause on substantially the same terms as this clause 15.

  • The parties warrant that each Equivalent Agreement will be (and will remain) on the same terms as this Agreement.

  • Upon receipt of such election notice, QR will be required to promptly notify the Funding User whether any other ‘funding users’ under an Equivalent Agreement have issued similar notices of election.

  • In accordance with Section 16 of each of the Tranche-A Replacement Option Agreement, the Tranche-B Replacement Option Agreement, and the 10% Grant Option Equivalent Agreement, MPG and Executive hereby agree, subject to the terms hereof, to waive (i) the first sentence of Section 6 of each such agreement with respect to the exercisability of options upon Executive’s termination of service with MPG and (ii) Section 4(a) of each such agreement with respect to the vesting schedules of the Unvested Options.

  • If Mayo confirms in writing that it is prepared to execute a Mayo Equivalent Agreement but for any further negotiation or additional terms that the Buyers may request (and Buyers continue to insist upon such terms after the Seller’s written notice to Buyers) at any time between the Closing Date and the six month anniversary of the Closing Date, the Mayo Escrow Funds shall be paid to the Sellers, notwithstanding any further negotiations or additional terms that the Buyers may request or desire.

  • If, however, a Mayo Equivalent Agreement shall have been executed by all parties within six months of the Closing Date, the Buyers shall instruct the Escrow Agent to release the Mayo Escrow Funds to the Sellers.

  • Notwithstanding any other provision to the contrary in the Tranche-A Replacement Option Agreement, the Tranche-B Replacement Option Agreement or the 10% Grant Option Equivalent Agreement on any other option agreement related to the Unvested Options, on December 31, 2015, all Unvested Options held by the Executive shall immediately vest and become exercisable; provided that Executive is in compliance with his obligations hereunder and under his Employment Agreement through the Separation Date.

  • The User Committee will comprise a representative from the Funding User and each other ‘funding user’ under an agreement equivalent to the Agreement (Equivalent Agreement) (each a Participating Funding User).

  • QR will be required to join any relevant other ‘funding users’ under an Equivalent Agreement to the dispute process (or to join the Funding User to any dispute process under the relevant Equivalent Agreement), if the dispute concerns the User Committee or if QR considers that a dispute (either under this Agreement or an Equivalent Agreement) may be relevant to the Funding User or any other ‘funding user’ under an Equivalent Agreement.


More Definitions of Equivalent Agreement

Equivalent Agreement means, in relation to a Clearing Member other than the Company, an agreement between the Clearing House and such Clearing Member in or substantially in the form of this Agreement, mutatis mutandis.
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Equivalent Agreement the connection agreement that the Generator would “Equivalent Waiver” an undertaking by ESB not to bring any claim in
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Related to Equivalent Agreement

  • Equivalent e-document means an electronic equivalent of a document, issued by the issuing authority of such document with its valid digital signature including documents issued to the digital locker account of the client as per rule 9 of the Information Technology (Preservation and Retention of Information by Intermediaries Providing Digital Locker Facilities) Rules, 2016.

  • Combination Agreement shall have the meaning given in the Recitals hereto.

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Morphine equivalent dose or "MED" means a conversion of various opioids to a morphine equivalent dose by the use of accepted conversion tables.