IESO definition

IESO means the Independent Electricity System Operator.
IESO means the Independent Electricity System Operator continued under the Electricity Act;
IESO means the Independent Electricity System Operator of Ontario established under Part II of the Electricity Act, 1998 (Ontario), or its successor.

Examples of IESO in a sentence

  • The Participant will be entitled to reimbursement by the IESO of the cost of complying with such a direction provided that the IESO, acting reasonably, has approved such cost of compliance in writing prior to the cost being incurred and provided that such reimbursement will be limited to: (x) the total amount of such cost of compliance that have been approved in advanced by the IESO, multiplied by (y) the applicable Environmental Attributes Funding Percentage.

  • Upon the request of the IESO, a copy of each insurance policy must be made available to it.

  • The Recipient must not assign the Funding Agreement, in whole or in part, without the prior written consent of the IESO, whose consent will not be unreasonably withheld.

  • Under no circumstances will the IESO be liable to the Recipient or any employee thereof for any failure by the Recipient to obtain any insurance necessary or desirable in relation to the subject matter of the Funding Agreement.

  • The Parties acknowledge and agree that any doubt or ambiguity in the meaning, application or enforceability of any term or provision of the Funding Agreement will not be construed or interpreted against the IESO or in favour of the Recipient when interpreting such term or provision.


More Definitions of IESO

IESO means the Independent Electricity System Operator established under the Electricity Act;
IESO means the Independent Electricity System Operator;
IESO means the Independent Electricity System Operator of Ontario established under Part II of the Electricity Act or its successor.
IESO means Independent Electricity System Operator.
IESO means Independent Electricity System Operator for Ontario.
IESO means the Independent Electricity Market Operator established under the Electricity Act; (A, TDL, DSC)
IESO means the Independent Electricity System Operator of Ontario;