NITS definition

NITS means Network Integration Transmission Service (as defined in the MISO Rules) for the full Delivery Term.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

NITS means Network Integration Transmission Service as defined in the SPP Tariff.

NITS means Núcleos de Inovação Tecnológica, the Borrower’s technological innovation centers, as created and operating under the Borrower’s Law No. 17.348 dated January 17, 2008.

Examples of NITS in a sentence

• Seller shall be responsible for, and reimburse Buyer for, any out-of-pocket costs incurred by Buyer to obtain such Network Integration Transmission Service; provided, that, for the avoidance of doubt, at no time shall Seller be responsible for, or be required to reimburse Buyer for, any charges, fees or costs incurred by Buyer pursuant to the rates for NITS service under the MISO Rules.

• Without limiting the foregoing, Seller shall (at its own expense) obtain prior to the Delivery Term Commencement Date, and maintain throughout the Delivery Term, Full Deliverability, except that Buyer shall (at Seller’s expense) obtain NITS according and subject to Section 7.6(b).

• Each of the Companies will bear the risk of any changes in the charges and requirements associated with delivery service and NITS.

• Without limiting the foregoing, Seller shall (at its own expense) obtain prior to the Delivery Term Commencement Date, and maintain throughout the Delivery Term, Full Deliverability, except that Buyer shall (at Seller’s expense) obtain NITS according to and subject to Section 7.6(b).

• Prior to the Settlement Agreement, Attachment G contained BPA’s Network Operating Agreement (NOA), applicable to customers with Network Integration Transmission (NT or NITS) contracts.

More Definitions of NITS

NITS means Network Integration Transmission Service provided by PJM to transport electric energy from the point of generation to the Delivery Point.

NITS means National Institute of Technology Sikkim.

NITS means Núcleos de Inovação Tecnológica, the Borrower’s technological innovation centers, as created and operating under the Borrower’s Law No.

NITS means Network Integration Transmission Service (as defined in the MISO Rules).

NITS means a unit of measure of brightness or luminance. One (1) nit is equal to one (1)

NITS means Network Integration Transmission Service tariffs approved by the FERC and implemented and assessed by PJM on load in the applicable EDC transmission zone, including any applicable PJM transmission enhancement surcharges or credits.

NITS means the Nobility International Transfer System;