LAGIE definition

LAGIE means the Greek Operator of Electricity Market (“Λειτουργός Αγοράς Ηλεκτρικής Ενέργειας”) operating pursuant to Law 4001/2011;
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Examples of LAGIE in a sentence

  • This Service is intended for the Market Participant who will use LAGIE as an RRM for the reporting of its DAS Transactions to ACER.

  • LAGIE shall provide reasonable support to the Market Participant during working days within working hours.

  • LAGIE as RRM, will report to ACER, on behalf of the Market Participant, the DAS Transactions in a complete, accurate and timely manner, according to REMIT article 8(1).

  • Through this Agreement, LAGIE offers the Market Participants reporting services (“Services”) allowing them to comply with the requirements of REMIT and its Implementing Regulation.

  • LAGIE’s liability towards the Market Participant for any twelve (12) month period shall be in any case limited to the fees actually received by LAGIE from the Market Participant for the relevant Service during the twelve (12) months preceding the first written notification of a direct damage.

  • LAGIE will take all reasonable and practicable steps to maintain the continuity of access to and technical capacity of its systems at all times, and to provide the Market Participant with reasonable notice of planned system outages and other matters affecting use or access to the Service.

  • The Market Participant shall provide LAGIE with any additional data reasonably requested that LAGIE does not already have, in time, to enable LAGIE to perform the Service for or on behalf of the Market Participant under the Agreement.

  • The liability of LAGIE under the Agreement shall be limited to cases of gross negligence and/or willful misconduct.

  • The Market Participant shall notify any changes in the data delivered under clauses 1 and 2 above, in a timely manner, to enable LAGIE to perform the Service for or on behalf of the Market Participant under the Agreement.

  • The Market Participant acknowledges that LAGIE will rely on the data provided by the Market Participant in the framework of this Agreement without investigation, provided that LAGIE has taken reasonable steps to verify that such data has come from the Market Participant.

Related to LAGIE

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  • WARO means "weeks after the effective date for award of the contractual action".

  • Loft means an intermediary floor on a residual space in a pitched roof; above normal floor level with a maximum height of 1.5 metres and which is constructed or adopted for storage purposes;

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  • Toddler means a child at least one year of age but less than 2 years of age.