Matching Process definition

Matching Process means the process of comparing and aligning Processed Quantities of Natural Gas for Network Users at both sides of a specific Interconnection Point and other relevant Connection Points, which results in Confirmed Quantities for the Network Users.
Matching Process means the process of comparing nominations and renominations submitted by SHIPPERS at both sides of the VIP Brandov-GASPOOL, which results in Matched Daily Quantity for the respective Shipper Code Pairs.
Matching Process means the process of comparing and aligning Processed Quantities of gas for Shippers at both sides of IP Santaka, which results in Confirmed Quantities for the Shippers.

Examples of Matching Process in a sentence

  • Each Physical Delivery Participant acknowledges and accepts that they may be matched, through the Matching Process, with a Non-delivery HKCC Participant.

  • In respect of a Physical Delivery Contract which is Physically Settled Metal Futures Contract, any outstanding open position in the relevant spot month Physically Settled Metal Futures Contract held by any HKCC Participant will be included in the Matching Process pursuant to section 2A.3.2.1(c) of the Clearing House Procedures.

  • The applicable provisions outlined in Common Business Practice 2003-002/02 CBP "Harmonisation of the Nomination and Matching Process" in its current version apply re- garding nominations and renominations, posted on the transmission system operator's website.

  • By noon on the first Hong Kong Business Day after the last trading day the selling HKCC Participant or its Delivery Agent shall ensure that the required quantity of Deliverable Metal is in the Approved Depository as specified in the Matching Process and notified to it by the Clearing House under section 2A.3.2.1(c)(vii) above.

  • Single sided nominations according to the EASEE-gas Common Business Practice 2014-001/01 Harmonisation of the Nomination and Matching Process for Double-Sided and Single-Sided Nominations is implemented in the matching process between FLX and GTS.

  • If in any nomination or renomination cycle either Party is unable to meet any of the deadline for the exchange of information relating to the Matching Process described above, it will inform the other Party before the deadline, and will send the relevant data as soon as it is able to.

  • With respect to each transaction to which a Buyer and Seller are matched pursuant to Clause 3.6 (Matching Process), a Sales and Purchase Contract shall be deemed to have arisen between such Buyer and Seller which is collateral to a Contract, governed by and construed in accordance with Singapore law and subject to the Rules.

  • The nomination deadline is defined in the table in [Matching Process Section 2].

  • The Matching Process is mentioned as below: -STEP 1: - All the buy bids and sell bids are aggregated at each eligible price to arrive at the Cumulative Demand (CBO) and Cumulative Supply (CSO).Eg. Following Buy Bids and Sell Offers is available in an Auction Session: - BUY BIDS SELL BIDS Table 1The above bids and offers are sorted on most favourable to least favourable selection basisi.e. buy bids from highest price to lowest price while sell offers vice-versa.

  • The deadline for sending Confirmed Quantities to Shippers following a renomination Matching Process is two hours after the end of the relevant renomination cycle.


More Definitions of Matching Process

Matching Process means the matching and confirmation processes to be carried out between the Transporter and an AFO in which the Confirmed Quantities of each User at that Interconnection Point are calculated from the Nominated Quantities of that User and the quantities nominated to the AFO;
Matching Process means the procedure of verification of all data from User` Nominations, carried out by the Transporter and AFO at Interconnection Points for determining Confirmed Quantities;
Matching Process is the process of comparing and aligning the Processed Quantities of Gas for Shippers at both sides of the Entry Point, which results in Confirmed Quantities for the Shippers in accordance with Article 3.
Matching Process means the process of comparing and aligning Processed Quantities of gas for Shippers at both sides of the IP Faxe, which results in Confirmed Quantities for the Shippers.

Related to Matching Process

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Appropriate List Matching Data means (A) account registration and alternate payee data, to the extent made appropriate by statutes, rules or regulations governing the U.S. Government Lists, (ii) data determined by BNYM in light of statutes, rules or regulations governing the U.S. Government Lists to be necessary to provide the services described in this Section 3(b)(5), and (iii) data the parties agree in writing to be necessary to provide the services described in this Section 3(b)(5).

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Service Switching Point (SSP) is a telephone central office switch equipped with a Signaling System 7 (SS7) interface.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Service Switching Point (SSP means the telephone Central Office Switch equipped with a Signaling System 7 (SS7) interface.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Service Drop means the overhead service conductors from the service point to the connection to the service-entrance conductors at the building or other structure.

  • Work Plan means a plan that describes each individual activity to be conducted to complete eligible activities and the associated costs of each individual activity.

  • Salary reduction plan means a benefit plan whereby state and

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Self-service display means the open display or storage of Tobacco Products or Tobacco Paraphernalia in a manner that is physically accessible in any way to the general public without the assistance of the retailer or employee of the retailer and a direct person-to-person transfer between the purchaser and the retailer or employee of the retailer. A vending machine is a form of Self-Service Display.

  • Process unit means the equipment assembled and connected by pipes and ducts to process raw materials and to manufacture either a final or intermediate product used in the onsite production of other products. The process unit also includes the purification of recovered byproducts.

  • Service Animal means an animal that is required by a person with a disability for assistance and is certified, in writing, as having been trained by a professional service animal institution to assist a person with a disability and which is properly harnessed in accordance with standards established by a professional service animal institution.

  • Service Levels means any service levels applicable to the provision of the Services under this Call Off Contract specified in Annex 1 to Part A of Call Off Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • Non-Administrator Substance Use Disorder Treatment Facility means a Substance Use Disorder Treatment Facility that does not meet the definition of an Administrator Substance Use Disorder Treatment Facility.