NTS operator definition

NTS operator means a licence holder who is obliged to comply with one or more conditions in Part B: Standard Special Conditions applicable to all NTS licensees (as a whole or in part) as a result of any direction issued pursuant to Standard Special Condition B1(Application/Disapplication of standard conditions in Section A (Interpretation, Application and Payments) and Section B (General) and Application/Disapplication of Standard Special Conditions applicable to NTSlicensees); “NTS shrinkage” means the sum of NTS own use gas and NTS unaccounted for gas (both having the meanings given to thoseterms in the network code); “owned” in relation to a gas meter or other property, includes leased and cognate expressions shall be construedaccordingly; “participating interest” has the meaning given in regulations made under Part 15 of the CompaniesAct 2006; “permitted purpose” means the purpose of all or any of the following:(a) the transportation business;
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NTS operator means the holder of a licence granted or treated as granted under section 7 of the Gas Act 1986 in relation to the NTS who is obliged to comply with one or more conditions in Standard SpecialConditions Part B; “NTS shrinkage” means the sum of NTS own use gas and NTS unaccounted for gas (both having the meanings given to thoseterms in the network code); “owned” in relation to a gas meter or other property, includes leased and cognate expressions shall be construedaccordingly; “participating interest” has the meaning given in regulations made under Part 15 of the CompaniesAct 2006; “permitted purpose” means the purpose of all or any of the following:
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NTS operator means a licence holder who is obliged to comply with one or more conditions
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More Definitions of NTS operator

NTS operator means the holder of a licence granted or
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Related to NTS operator

  • train operator means any person who is authorised to act as the operator of a train by a licence under section 8 of the Railways Act 1993.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Network Operator means a person licensed to convey gas under Article

  • market operator means a person or persons who manages and/or operates the business of a regulated market. The market operator may be the regulated market itself;

  • tour operator means, with the exception of an air carrier, an organiser within the meaning of Article 2, point 2, of Council Directive 90/314/EEC of 13 June 1990 on package travel, package holidays and package tours (2);