Off-Peak definition

Off-Peak means, in relation to any Passenger Service, the period of time outside of the Peak;
Off-Peak means all hours other than Peak hours.
Off-Peak means all hours not defined as On-Peak.

Examples of Off-Peak in a sentence

  • On-Peak and Off-Peak are defined in the definitions section of this schedule.

  • On each Business Day during the term of this Agreement, the Company will calculate the change in Off-Peak Forward Market Price to be the change in On-Peak Forward Market Price for that month multiplied by the historical off-peak to on-peak price ratio for that month.

  • On each Business Day during the term of this Agreement, each of the Companies will calculate the change in Off-Peak Forward Market Price to be the change in On-Peak Forward Market Price for that month multiplied by the historical off-peak to on-peak price ratio for that month.

  • The Initial Mark for the Off-Peak Forward Market Price will be the Initial Mark for the On- Peak Forward Market Price multiplied by the off-peak to on-peak price ratio for the month from Table 2.

  • Updating the Mark for the Off-Peak Forward Market Price As noted above, on each Business Day during the term of this Agreement, the Mark for the Off-Peak Forward Market Price for a given month will be equal to the Mark for the On-Peak Forward Market Price for that month multiplied by the historical off-peak to on- peak price ratio for that month from Table 2.


More Definitions of Off-Peak

Off-Peak means HE 01:00 - 06:00, HE 23:00 and HE 24:00 daily;
Off-Peak means Daily NTS Exit (Flat) Capacity which is subject to curtailment on a Day.
Off-Peak means all hours ending 01:00:00 through 06:00:00 and hours ending 23:00:00 through 24:00:00, PPT, Monday through Saturday and hours ending 01:00:00 through 24:00:00, PPT, on Sundays and NERC designated holidays.
Off-Peak the period of time between 2300 hours on one day and 1830 hours on the following day, except as otherwise stated in this Schedule Two
Off-Peak means Arrivals at St Pancras International during the period other than the Morning Peak and Departures from St Pancras International during the period other than the Evening Peak;
Off-Peak means in Table 3.1 [start time] to [end time]
Off-Peak means those hours that are not On-Peak hours.