Independent organization definition

Independent organization means the independent organization certified under Section 39.151 for the ERCOT power region.
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Independent organization means the independent
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Independent organization means an independent system operator or other person that is sufficiently independent of any producer or seller of electricity that its decisions will not be unduly influenced by any producer or seller. [An entity will be deemed to be independent if it is governed by a board that has three representatives from each segment of the electric market, with the consumer segment being represented by one residential customer, one commercial customer, and one industrial retail customer.]
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Examples of Independent organization in a sentence

  • Independent organization — An independent system operator or other person that is sufficiently independent of any producer or seller of electricity that its decisions will not be unduly influenced by any producer or seller.

  • There shall at all times be a Trustee hereunder which shall be an Independent organization or entity organized and doing business under the laws of the United States of America or of any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least U.S.$200,000,000, subject to supervision or examination by federal or state authority, having a long-term issuer rating of at least “BBB+” by S&P and having an office within the United States.

  • Classification society: Independent organization, which ensures through verification of design, construction, building process and operation of vessels that the vessels at all times meet a long list of requirements to seaworthiness, etc.

  • There shall at all times be a Collateral Trustee hereunder which shall be an Independent organization or entity organized and doing business under the laws of the United States or of any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least U.S.$200,000,000, subject to supervision or examination by federal or state authority, having a long-term debt rating of at least "BBB+" by S&P and having an office within the United States.

  • An item's interface may be identified as interoperable on the basis of participation in a Government agency-sponsored program or in an Independent organization program.

  • These definitions apply to these terms as they are used in this policy.Agent of the UniversityAnyone authorized to act on behalf of the university.Campus OrganizationA student organization registered with the university, either a "University" or an "Independent" organization.

  • Through these processes SSCs can confirm their competitiveness to internal clients and explain deviations (Quinn et al., 2000).• Independent organization: Most definitions explicitly emphasize the independent organizational form of an SSC as a unit clearly separate from other areas, with its own responsibilities and its own management.

  • An Independent organization or entity organized and doing business under the laws of the United States of America or of any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least U.S.$200,000,000, subject to supervision or examination by federal or state authority, having a rating of at least “Baal” by Moody’s and having an office within the United States.

  • There shall at all times be a Collateral Trustee hereunder which shall be an Independent organization or entity organized and doing business under the laws of the United States or of any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least U.S.$200,000,000, subject to supervision or examination by federal or state authority, having a long‑term debt rating of at least “BBB+” by S&P and having an office within the United States.

  • There shall at all times be a Trustee hereunder which shall be an Independent organization or entity organized and doing business under the laws of the United States of America or of any state thereof, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least U.S.$200,000,000, subject to supervision or examination by federal or state authority, having a rating of at least “Baa1” by Moody’s and having an office within the United States.


More Definitions of Independent organization

Independent organization means the organization appointed under paragraph (3).
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Independent organization means an independent system operator or other person that is sufficiently independent of any producer or seller of electricity that its decisions will not be unduly influenced by any producer or seller.
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Independent organization means an organization such as some Community Clubs or the Zoological Society that make use of City of Winnipeg Sites and buildings, but are managed, operated, and funded through independent means and over which the Contract Administrator has no jurisdiction;
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Independent organization means an independent system operator or other person that is sufficiently independent of any producer or seller of electricity that its decisions will not be
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Independent organization means one not related to the local library. (Related groups include organizations such as the local Library Foundation or Friend’s group.)
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Related to Independent organization

  • Parent organization means the Insured Organization first named in Item I of the Declarations.

  • Student organization means a group, club or organization having students as its primary members or participants. It includes grade levels, classes, teams, activities or particular school events. A student organization does not have to be an official school organization to come within the terms of this definition.

  • Member organization means any individual, corporation, limited liability company, partnership, or association that belongs to an association.

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Independent review organization means an entity that is accredited to conduct independent external reviews of adverse benefit determinations.

  • Constituent organization means an organization that is party to a merger.

  • Review organization means a disability insurer regulated

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Financial organization means any bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, savings and loan association, credit union, cooperative bank, small loan company, sales finance company, investment company, or any type of insurance company.

  • Stewardship organization means an organization, association, or

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Organ procurement organization means a person designated by the Secretary of the United States Department of Health and Human Services as an organ procurement organization.

  • Indian organization means the governing body of any Indian tribe or entity established or recognized by the governing body of an Indian tribe for the purposes of 25 U.S.C., chapter 17.

  • Nonprofit organization means a university or other institution of higher education or an organization of the type described in section 501(c)(3) of the Internal Revenue Code of 1954 (26 U.S.C. 501(c) and exempt from taxation under section 501(a) of the Internal Revenue Code (25 U.S.C. 501(a)) or any nonprofit scientific or educational organization qualified under a state nonprofit organization statute.

  • Tribal organization means the elected governing body of any Indian tribe or any legally established organization of Indians that is controlled by one or more such bodies or by a board of directors elected or selected by one or more such bodies (or elected by the Indian population to be served by such organization) and that includes the maximum participation of Indians in all phases of its activities; and

  • Religious organization means a church, ecclesiastical corporation, or group, not organized for pecuniary profit, that gathers for mutual support and edification in piety or worship of a supreme deity.

  • Lead organization means a trade organization, labor organization or other incorporated entity representing a group of businesses that is the applicant for a business network project.

  • Supervised financial organization means a person, other than an insurance company or other organization primarily engaged in an insurance business:

  • Independent Party means, with respect to a BDC Downstream Fund, (i) if the BDC Downstream Fund has a board of directors (or the equivalent), the board or (ii) if the BDC Downstream Fund does not have a board of directors (or the equivalent), a transaction committee or advisory committee of the BDC Downstream Fund.

  • Health care organization ’ means any person or en-

  • Subscriber organization means any for-profit or nonprofit entity that owns or operates one or more

  • Fraternal organization means an organization in this state, other than a college fraternity or sorority, that meets all of the following criteria:

  • Parent Organizational Documents means the certificate of incorporation, bylaws (or equivalent organizational or governing documents), and other organizational or governing documents, agreements or arrangements, each as amended to date, of each of Parent and Acquisition Sub.

  • Surviving organization means an organization into which one or more other organizations are merged.

  • Not-for-Profit Organization means a nonprofit corporation as defined in ORS 307.130.

  • Community organization means an organization that provides