Firm Capacity Notice definition

Firm Capacity Notice means a notice, in the Prescribed Form, issued by Premier Transmission to a Shipper notifying the Shipper of its initial allocation of, or an increase or decrease in, Firm Capacity from time to time in respect of an Exit Point in accordance with this Code;
Sample 1Sample 2Sample 3
Firm Capacity Notice means a notice, in the Prescribed Form, issued by the Transporter to a Shipper notifying the Shipper of its initial allocation of, or an increase or decrease in, Firm Capacity from time to time in accordance with the provisions of this Code and specifying the relevant Entry Point, Exit Point and the capacity booking reference (“Capacity Booking Reference”) with respect to such Firm Capacity such that a Shipper shall have a separate Capacity Booking Reference for each capacity booking at an Exit Point unless all such capacity bookings specify the same Entry Point;
Sample 1Sample 2Sample 3

Examples of Firm Capacity Notice in a sentence

  • A Firm Capacity Notice issued by the Transporter pursuant to Section 1.5.4 shall in respect of any Day(s) supersede any previously issued Firm Capacity Notice with respect to the same Entry Point and Exit Point with respect to the same Day(s) but shall retain the same Capacity Booking Reference.

  • Whilst the effective date of allocated or reduced Firm Capacity shall be the date upon which a Firm Capacity Notice is issued by the Transporter, Firm Capacity shall be capable or cease to be capable (as appropriate) of being utilised with effect from the first Day of the first Month or in the case of an application for Daily Capacity on the Gas Flow Day for which the capacity is allocated in each case as set out in the Firm Capacity Notice.

  • If a Shipper applies for Firm Capacity in the Gas Year in which its Firm Capacity Application is made, Firm Capacity shall, subject to Section 1.9.2, be allocated by the Transporter (on a first come first served basis) and a Firm Capacity Notice shall be issued to the Shipper within five (5) Business Days of receipt of a Firm Capacity Application.

  • The Transporter shall issue a Firm Capacity Notice to each Shipper to which Available Firm Capacity shall be allocated in accordance with Section 1.8.3 or 1.8.4 not later than forty (40) Business Days after the Mid Year Date or such other date as the Transporter may agree with the Authority, in the Gas Year in which the Firm Capacity Applications are made.

  • Whilst the effective date of allocated, transferred or reduced Firm Capacity shall be the date upon which a Firm Capacity Notice is issued by Premier Transmission, the Firm Capacity shall be capable or cease to be capable (as appropriate) of being utilised with effect from first Day of the first Month or in the case of an allocation of Daily Capacity on, the Gas Flow Day for which the Daily Capacity is allocated as set out in the Firm Capacity Notice.

  • Maximum Hourly Quantity" or "MHQ" means the maximum quantity of Natural Gas which may be offtaken from an Exit Point by a Shipper in any dayhour in respect of the Firm Capacity set out in its Firm Capacity Notice as may be varied in accordance with the provisions of this Code.

  • Premier Transmission shall issue a Firm Capacity Notice within two (2) Business Days of the closure of the Daily Capacity Application Window to each Shipper to which Available Firm Capacity shall be allocated in accordance with this section 1.5. The Firm Capacity Notice shall identify separately a Shipper’s Firm Capacity (other than Daily Capacity), the Shipper’s Daily Capacity in respect of a Day and Shipper’s aggregate Firm Capacity in respect of a Day.

  • If a Shipper applies for Firm Capacity in the Gas Year in which its application is made Firm Capacity shall, subject to section 1.9.2 be allocated by Premier Transmission (on a first come first served basis) and a Firm Capacity Notice issued to the Shipper within five (5) Business Days of receipt of a Firm Capacity Application.

  • Furthermore, the protection of the shari`a – the law of God – required the rule of a Muslim ruler over as large a territory as possible.Because the separation of religious and political authority in Islam occurred early, naturally and de facto, it was never fully formalized.

  • If all or part of the LTFC Reduction is allocated to another Shipper, Premier Transmission shall (not later than the date on which such capacity is allocated) issue a Firm Capacity Notice to the Shipper whose capacity has been reduced notifying the Shipper of its reduced Firm Capacity at thate relevant Exit Point and the duration of such reduction.

Related to Firm Capacity Notice

  • firm capacity means Natural Gas transmission Capacity contractually guaranteed as uninterruptible by the TSO according to this Agreement.

  • Capacity Market Buyer means a Member that submits bids to buy Capacity Resources in any Incremental Auction.

  • Full Capacity Deliverability Status or “FCDS” has the meaning set forth in the CAISO Tariff.

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Minimum Offering Notice means a written notification, signed by Broker, pursuant to which the Broker shall represent (1) that subscriptions for the Minimum Offering have been received, (2) that, to the best of Broker’s knowledge after due inquiry and review of its records, Cash Investment Instruments in full payment for that number of Shares equal to or greater than the Minimum Offering have been received, deposited with and collected by NCPS, (3) and that such subscriptions have not been withdrawn, rejected or otherwise terminated, and (4) that the Subscribers have no statutory or regulatory rights of rescission without cause or all such rights have expired.

  • Delivery Notice Has the meaning specified in the NPA.

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Alternate Fuel Capability means a situation where an alternate fuel could have been utilized whether or not the facilities for such use have actually been installed; provided however, where the use of natural gas is for plant protection, feedstock or process uses and the only alternate fuel is propane or other gaseous fuel, then the Buyer will be treated as if he had no alternate fuel capability.

  • Availability Notice has the meaning given to it in the Grid Code;

  • Take-Down Notice shall have the meaning set forth in Section 4(c) hereof.

  • Incremental Capacity Transfer Right means a Capacity Transfer Right allocated to a Generation Interconnection Customer or Transmission Interconnection Customer obligated to fund a transmission facility or upgrade, to the extent such upgrade or facility increases the transmission import capability into a Locational Deliverability Area, or a Capacity Transfer Right allocated to a Responsible Customer in accordance with Tariff, Schedule 12A. Incremental Deliverability Rights (IDRs):

  • Delivery Period means that period agreed in writing between the Parties in relation to Delivery of the Product or parts thereof by the Contractor, any delay in which shall be deemed a breach of this Agreement and entitle JOBURG MARKET to exercise its remedies in terms of this Agreement or at law.

  • Notice Delivery Period means the period from and including the Trade Date, to and including a day that is three (3) Business Days following the date that is 14 calendar days after the Scheduled Termination Date. Section 1.23 (Notice Delivery Period) of the Credit Derivatives Definitions shall be amended accordingly.

  • Shelf Takedown Notice shall have the meaning given in subsection 2.1.3.

  • Full Notice to Proceed means that all material third party contractors have been given the notice to proceed with construction by the Capacity Market Seller or its agent, with a guaranteed completion date backed by liquidated damages.

  • Delivery sale means any sale of a vapor product to a

  • Interruptible Capacity means capacity that may be interrupted by the Operator at any time in order to fulfil shippers’ nominations under a firm capacity reservation.

  • Secondary Notice means written notice from the Company notifying the Investors and the selling Key Holder that the Company does not intend to exercise its Right of First Refusal as to all shares of Transfer Stock with respect to any Proposed Key Holder Transfer.

  • Nameplate Capacity Rating means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 10,000 kW.

  • Shelf Offering Notice has the meaning set forth in Section 2(d)(ii).

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • Base Capacity Demand Resource Constraint for the PJM Region or an LDA, shall mean, for the 2018/2019 and 2019/2020 Delivery Years, the maximum Unforced Capacity amount, determined by PJM, of Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources that is consistent with the maintenance of reliability. As more fully set forth in the PJM Manuals, PJM calculates the Base Capacity Demand Resource Constraint for the PJM Region or an LDA, by first determining a reference annual loss of load expectation (“LOLE”) assuming no Base Capacity Resources, including no Base Capacity Demand Resources or Base Capacity Energy Efficiency Resources. The calculation for the PJM Region uses a daily distribution of loads under a range of weather scenarios (based on the most recent load forecast and iteratively shifting the load distributions to result in the Installed Reserve Margin established for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Installed Reserve Margin study for the Delivery Year in question). The calculation for each relevant LDA uses a daily distribution of loads under a range of weather scenarios (based on the most recent load forecast for the Delivery Year in question) and a weekly capacity distribution (based on the cumulative capacity availability distributions developed for the Installed Reserve Margin study for the Delivery Year in question). For the relevant LDA calculation, the weekly capacity distributions are adjusted to reflect the Capacity Emergency Transfer Limit for the Delivery Year in question. For both the PJM Region and LDA analyses, PJM then models the commitment of varying amounts of Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources (displacing otherwise committed generation) as interruptible from June 1 through September 30 and unavailable the rest of the Delivery Year in question and calculates the LOLE at each DR and EE level. The Base Capacity Demand Resource Constraint is the combined amount of Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources, stated as a percentage of the unrestricted annual peak load, that produces no more than a five percent increase in the LOLE, compared to the reference value. The Base Capacity Demand Resource Constraint shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [the Forecast Pool Requirement] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Registration Notice has the meaning specified in Section 2.1(a).