Market Maker Contract definition

Market Maker Contract means a contract type, being part of the TSO’s Code of Business Conduct, which is used in the case of balancing services.
Sample 1Sample 2Sample 3
Market Maker Contract means a contract type, being part of the TSO’s Code of Business Conduct, which is used in the case of balancing services, under which the Applicant is obliged to offer the balancing capacity in daily balancing capacity and balancing energy market process in accordance with the Selected Application.
Sample 1
Market Maker Contract means a contract type, being part of the TSO’s Code
Sample 1

Examples of Market Maker Contract in a sentence

  • In the case of Market Maker Contract positions for aFRR or mFRR and RR balancing capacity, the Receiver shall undertake the performance of the provision of balancing reserve with technical conditions that meet at least the minimum requirement for providing the given balancing reserve.

  • The contractual conditions of the transfer of Market Maker Contract positions described in paragraph (1) are defined in the TD.

  • In the case of Market Maker Contract positions for aFRR or mFRR and RR balancing capacity, if the Receiver cannot fulfil the technical requirements set out in the Transferer’s contract, the TSO shall not be obliged to allow the transfer of the Market Maker Contract position.

  • In the case of Market Maker Contract positions for FCR balancing capacity, the Receiver shall undertake to perform the contractual obligations with characteristics at least equal to the FCR control characteristics defined in the Transferer’s selected Application.

  • The procedural rules of the transfer of Market Maker Contract positions described in paragraph (1) are defined in the TD.

  • The Market Maker is entitled to terminate the Market Maker Contract without cause or for cause.

  • In the case of the transfer of Market Maker Contract positions for FCR balancing capacity, the sum of balancing capacity price to be paid by the TSO to the Receiver shall not be higher than the original sum that was to be paid by the TSO to the Transferer.

  • In case the Transferer has prequalification for providing aFRR balancing service (or has made a commitment to obtain such prequalification), the Receiver shall also have Prequalification for providing aFRR balancing service (or with a signed commitment statement to obtain such prequalification) even if the Transferer obtained its Market Maker Contract position in the framework of a Pre-selection Process for mFRR and RR balancing capacity pursuant to the provisions of the TD.

  • The TSO shall record such transferred position as a Market Maker Contract position for aFRR balancing capacity.

  • Non-performance shall be established if on the bid submission day the BSP fails to submit bid in part or in whole for the volume pursuant to the Market Maker Contract, or it is not available in part or in whole pursuant to the Market Maker Contract or the accepted Bid.

Related to Market Maker Contract

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Public contract means an agreement between a public body and a nongovernmental source that is

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Company IP Contract means any Contract to which the Company is a party or by which the Company is bound, that contains any assignment or license of, or covenant not to assert or enforce, any Intellectual Property Right or that otherwise relates to any Company IP or any Intellectual Property developed by, with, or for the Company.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Similar contract means Motor Vehicle.

  • Bidder/Contractor means the interested Firm/ Company/ Supplier/ Distributors that may provide or provides related Equipment/Services to any of the public/private sector organization under the contract and have registered for the relevant business thereof.

  • Servicing Contract means, with respect to any Person, the arrangement, whether or not in writing, under which that Person has the right to service Mortgage Loans.

  • Company Contract means any Contract: (a) to which the Company is a party; (b) by which the Company or any of its assets is or may become bound or under which the Company has, or may become subject to, any obligation; or (c) under which the Company has or may acquire any right or interest.

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Training Contract means a contract or an agreement for a Traineeship made between the Employer and an Employee to whom this Agreement applies, and that is registered with the relevant State or Territory Training Authority.

  • Customer Contracts means any Contracts pursuant to which the Company has provided or will provide products or services in connection with the Business.

  • Covered contract means a DoD prime contract for an amount exceeding the simplified acquisition threshold, except for a fixed-price contract without cost incentives. The term also includes a subcontract for an amount exceeding the simplified acquisition threshold, except for a fixed-price subcontract without cost incentives under such a prime contract.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor’s supplier agreements with vendors, such as long-term arrangements for materials or supplies that would benefit multiple contracts and/or the costs of which are normally applied to a Contractor’s general and administrative expenses or indirect cost.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Tender Contract means the contract between the City and each Tenderer governing the ITT process;

  • Existing Contract means a contract that was made before the operative date;

  • Charter contract means a fixed term, renewable contract between a charter school and an authorizer that outlines the roles, powers, responsibilities, and performance expectations for each party to the contract.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Assumed Contract means any Executory Contract or Unexpired Lease assumed by the Reorganized Debtors in accordance with Article V of the Plan.

  • Applicable Contract any Contract (a) under which the Company has or may acquire any rights, (b) under which the Company has or may become subject to any obligation or liability, or (c) by which the Company or any of the assets owned or used by it is or may become bound.