Non-Firm means, with respect to a Transaction, that delivery or receipt of the Product may be interrupted for any reason or for no reason, without liability on the part of either Party.
Non-Firm means the required level of supply can be met after post-contingent operation (that is, allows for interruption).
Non-Firm price means all prices other than “firm” prices; “non-responsive bidder” a potential bidder who does not meet the require- ments of a responsive bidder; “ownership” having all customary characteristics of ownership, in- cluding the right of disposition, and sharing all the risks and profits commensurate with the degree of ownership interests as demonstrated by an examina- tion of the substance, rather than the form, of owner-ship arrangements; “organ of state” in terms of Preferential Procurement Policy Frame- work Act 5 of 2000a) a national or provincial department as defined in the Public Finance Management Act No.1 of 1999 (PFMA);b) a municipality as contemplated in the Constitu- tion;c) Parliament;d) A provincial legislature; ande) A constitutional institution listed in Schedule 1 of the PFMAf) any other institution or category of institutions in- cluded in the definition of ‘‘organ of state’’ in sec- tion 239 of the Constitution and recognized by the Minister by notice in the Government Gazette; “payment” Payment shall be made within 30 days of receipt of the supplier statement, provided the statement is cor- rect and received before the end of the month, includ- ing any tax invoice for which payment is required and reflected on the statement referred to herein which was also received by no later than the end of the month “people with disabilities” In term of the Employment Equity Act No. 55 of 1998, people with disabilities are people who have a long- term or recurring physical or mental impairment which substantially limits their prospects of entry into, or ad- vancement in, employment; “person” a natural or juristic/ legal person; “PPPFA” the Preferential Procurement Policy Framework Act, 2000, to give effect to section 217(3) of the Constitu- tion by providing a framework for the implementation of the procurement policy contemplated in section 217(2) of the Constitution; and to provide for mattersconnected therewith. “preferential procurement” The preferential procurement element of the BBBEE scorecard measures that extent to which a company or person purchases its qualifying goods or supplies from BBBEE compliant suppliers as evidenced by the BBBEE scorecard rating of the supplier “pre-qualification of bidders” screening of potential contractors, suppliers, or ven-dors (on the basis of factors such as experience, man- agerial ability, technical know-how, reputation, work
Examples of Non-Firm in a sentence
Use this classification for all firm point-to-point transmission reservations, where the duration of each period of reservation is less than one-year.NF - Non-Firm Transmission Service, where firm means that service cannot be interrupted for economic reasons and is intended to remain reliable even under adverse conditions.OS - Other Transmission Service.
Firm Point-To-Point Transmission Service will always have a reservation priority over Non-Firm Point-To-Point Transmission Service under the Tariff.
Service over Secondary Receipt and Delivery Points on a non-firm basis shall not require the filing of an Application for Non-Firm Point-To-Point Transmission Service under the Tariff.
Deliveries scheduled using Energy Transmission Injection Rights have rights similar to those under Non-Firm Point-to-Point Transmission Service.
Non-Firm Point-To-Point Transmission Service is available on a stand- alone basis for periods ranging from one hour to one month.
More Definitions of Non-Firm
Non-Firm means there is a time lag between a failure of a transmission line or transformer at an exit point and the commencement of operation of the redundant asset (such as a back-up generator). That time lag leads to the loss of transmission services for customers connected to the exit point, until such time as the back-up supply is operational.
Non-Firm means, with respect to a Transaction, that delivery or receipt of Energy may be interrupted for any reason, without liability by either Party, including, without limitation, price fluctuations.
Non-Firm. ’ means, with respect
Non-Firm means with respect to a Transaction, unless otherwise set forth in a Transaction Agreement signed by both Parties, that delivery or receipt of Power may be interrupted for any reason, without liability by either Party, including, without limitation, price fluctuations.
Non-Firm. ’ means, with respect to quotations, that members of a Participant Exchange are relieved of their obligation to be firm for their quotations pursuant to rule 11Ac1–1 under the Exchange Act.
Non-Firm means, with respect to Quotations in an Eligible Options Class, that members of a Participant are relieved of their obligations under that Participant's firm quote rule in that Eligible Options Class.
Non-Firm is changed to "Non-Firm" in the first sentence and in the last listing in the table.