Licensed Supplier definition
Examples of Licensed Supplier in a sentence
A revised forecast needs to be confirmed no later than 14:00 CET the day ahead of generation and the forecast may be provided by the Balancing Responsible Party or a Licensed Supplier on behalf of the Seller.
The Authority and the Licensed Supplier have entered into a framework agreement (as amended from time to time, the FA) in connection with which the Licensed Supplier sells electricity to customers who have entered into a Customer Access Agreement with the Authority and a Supply Agreement with the Licensed Supplier, and pursuant to which the Authority may deliver electricity and the associated benefits to the Licensed Supplier under a Pre-arranged Trade (as defined in the FA).
It is the Authority’s and the Licensed Supplier’s intention that all of the electrical output and associated benefits purchased under the Authority’s PPA shall be delivered to the Licensed Supplier for the purposes of such a Pre-arranged Trade.
As the Licensed Supplier holds a Supply Licence and is a party to the BSC, the Parties agree that the Generator shall deliver the electricity from the Facility and the Licensed Supplier shall take physical delivery of such electricity directly from the Generator, pursuant to the terms of this Agreement.
Neither the Society nor the Managing Person has any responsibility for which Licensed Supplier You choose to be Your Supplier, which tariff You choose or any switching between Licensed Suppliers or tariffs that You choose to initiate.