Metering System definition

Metering System means all meters and metering devices (including current transformers and potential transformers) owned by the Company and used to measure Dependable Capacity and the delivery by the Company and receipt by BPDB of Net Energy Output;

Metering System bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement; “Month” means a calendar month according to the Gregorian calendar;

Metering System. All meters and metering devices used to measure the delivery and receipt of Net Energy Output and Dependable Capacity in accordance with this Agreement.

Examples of Metering System in a sentence

• Thereafter, the Purchaser and the Seller shall test the accuracy of each of the Metering System at any time that the readings of Net Delivered Energy from the Metering System and the Back-Up Metering System differ by an amount greater than one-half of one percent (0.5%).

• The Seller shall not tamper, and shall ensure that its employees, Contractors or subcontractors of any tier do not tamper, with the Metering System, or the Complex Monitoring System.

• All metering data recorded by the Metering System and the Back-up Metering System shall also be telemetered at the System Operator’s control centre through telemetry facilities provisioned by the Seller at its expense.

• The Purchaser shall design, construct, finance and complete (excluding installation of the Metering System, as provided in Section 7.2) and commission the Purchaser Interconnection Facilities in accordance with Schedule 3 of this Agreement, Prudent Utility Practices and Prudent Electrical Practices such that the Purchaser Interconnection Facilities can be expected to have a useful life of not less than the Term.

• In such an event, the Purchaser and the Seller together shall test the accuracy of the Metering System and recalibrate the Metering System, if necessary.

More Definitions of Metering System

Metering System. All meters and metering devices (including, if applicable, any remote terminal units and electronic data-recording and telemetry system) to be procured, installed and tested by the Seller and transferred to the Purchaser, and thereafter owned and maintained by the Purchaser and used to measure the Net Delivered Energy.

Metering System means a complete set of commissioned Metering Equipment installed to measure the volumes of input and output electricity at a particular location for the purposes of the CfD Settlement Activities;

Metering System. “MSID”, “Registrant”, “Residual Cashflow Reallocation Cashflow”, “Settlement Run”, “Trading Dispute” and “Trading Unit” have the meanings given to such terms in the BSC, save that references to Metering Equipment within the definition of “Material Change” shall be replaced by references to Facility Metering Equipment.

Metering System means a metering system registered in CMRS in accordance with the provisions of the BSC, and relating to an Entry Point or an Exit Point.

Metering System means all meters, metering devices and related instruments used to measure and record the delivery and receipt of Net Electrical Output and Contract Capacity at the Delivery Point.

Metering System. All meters and metering devices owned by JPS and the Company and used to measure the delivery and receipt of energy and power demand of the Complex.

Metering System means all mechanical, instrumental and computer parts of the system for the measurement of Petroleum as well as the applicable documentation and procedures;