Initial Connection Offer definition

Initial Connection Offer is an early estimate of the physical construction costs, programme of works and layout of the proposed Connection based only on a desktop exercise by National Grid NTS and will provide the Connection Applicant with the information as described at paragraph 13.4.1 and a draft Construction Agreement (unless waived by the Applicant at the point of Application). An Initial Connection Offer may only be applied for in relation to a single point of connection to the NTS, and not for the purposes of exploring multiple options or locations to connect to the NTS;
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Examples of Initial Connection Offer in a sentence

  • This special provision describes providing, maintaining, and removing the signs and temporary pedestrian safety fence as shown in the plans to provide a temporary pedestrian portage around the Shadow Road bridge.

  • A Connection Application Fee is payable in respect of: • New Initial Connection Offer application • Full Connection Offer application • Disconnection and or Decommissioning of existing connection point/apparatus • Minor Modification to existing NTS apparatus • A customer application requesting a modification/change to a previously signed Full Connection Offer.

  • NG NTS will make an Initial Connection Offer as soon as is reasonably practicable and in any case no longer than 2 months after a notification of acceptance for an Initial Connection Offer has been issued.

  • An Applicant will have up to 3 months to assess an Initial Connection Offer and provide written notification that they wish NG NTS to prepare a Full Connection Offer.

  • For clarity, an Initial Connection Offer is only for a single point of connection to the NTS; its purpose is not to explore multiple options to connect to the NTS.

  • Where consented to, NG NTS must then make the Full (or Initial) Connection Offer within the timescale consented to by the Authority.

  • NG NTS shall offer to Applicants a Fixed Fee Application when submitting a request for an Initial Connection Offer.

  • Applicants shall select on the Application Form whether they would like an Initial Connection Offer (ICO) or a Full Connection Offer (FCO).

  • The Fixed Fee shall reflect the average NG NTS fully-absorbed direct costs to provide the Initial Connection Offer.

  • Confirmation of the Application Fee for a Full Connection Offer shall be provided as part of the Initial Connection Offer where an Initial Connection Offer is selected by the Applicant.

Related to Initial Connection Offer

  • Reference Interconnection Offer or “RIO” means a document published by a service provider specifying terms and conditions on which the other service provider may seek interconnection with such service provider;

  • Extension Offer has the meaning specified in Section 2.15(a).

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Loan Modification Offer has the meaning specified in Section 2.24(a).

  • Recreational Facilities means spas, saunas, steam baths, swimming pools, exercise, entertainment, athletic, playground or other similar equipment and associated accessories.

  • Pro Rata Extension Offers shall have the meaning assigned to such term in Section 2.21(e).

  • Subscription Offering means the offering of the Conversion Stock to Participants.

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day. Final RTO Unforced Capacity Obligation:

  • Additional Facility is defined in Section 7.01.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Interconnection Studies means the Interconnection Feasibility Study, the System Impact Study, and the Facilities Study described in Tariff, Part IV and Tariff, Part VI. Interface Pricing Point:

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Connection Assets means that portion of the distribution system used to connect a customer to the existing main distribution system, and consists of the assets between the point of connection on a distributor’s main distribution system and the ownership demarcation point with that customer;

  • Acquisition Facility the Acquisition Facility Commitments and the extensions of credit thereunder.

  • Interconnection Study means any of the studies defined in the CAISO Tariff or, if applicable, any distribution provider’s tariff that reflect the methodology and costs to interconnect the Project to the Participating Transmission Owner’s electric grid.

  • Interconnection Feasibility Study means either a Generation Interconnection Feasibility Study or Transmission Interconnection Feasibility Study.

  • Cannabis processing facility means a person that:

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Optional Interconnection Study means a sensitivity analysis of an Interconnection Request based on assumptions specified by the Interconnection Customer in the Optional Interconnection Study Agreement.

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock under the Act.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Permitted Offer means a tender offer or an exchange offer for all outstanding Common Shares of the Company determined by the Board of Directors of the Company, after receiving such advice as it deems necessary and giving due consideration to all relevant factors, to be in the best interests of the Company and its stockholders.