Open Point definition

Open Point means a new franchised automobile dealership opened, or to be opened, pursuant to the right to open a new franchised automobile dealership in a specific location granted to a dealer by an automobile manufacturer;
Open Point means that Jaguar/Land Rover dealership, and the rights to own and operate the same, held by JRA Dealership LP, anticipated to be opened in 2020 in Austin, Texas.

Examples of Open Point in a sentence

  • A Potential Open Point includes any circuit breaker, contactor, switch, or similar device, (referred to as an “Open Point” in this Section) that is capable of being opened and/or closed, and which is not equipped with either a sync check or synchronizing function.

  • For the purpose of this document, a Potential Open Point constitutes any circuit breaker, contactor, switch or similar device that can be opened and/or closed, and which is not equipped with either a sync check or synchronizing function.

  • A Potential Open Point includes any circuit breaker, contactor, switch, etc., that is capable of being opened and/or closed, and which is not equipped with either a sync check or synchronizing function.

  • Additionally, APS could consider an intertie relay as a means of meeting these requirements that would trip off the Generator breaker (or breakers) in the event a Potential Open Point was operated and/or a grid outage occurred.

  • Actually, E-LOBSTER aims in the integration of the grid distribution and the railway power systems with power electronics technologies (Smart Soft Open Point - sSOP) and local energy storage.

  • Whenever a Generator is configured to operate in electrical parallel with the Utility grid, Customer shall ensure that any Potential Open Point (“Open Point”) located in the circuit between the Generator output and the Utility service is suitably interlocked to preclude the possibility of a potential out-of-sync closure occurring between the power sources.

Related to Open Point

  • Open Position means a Long Position or a Short Position which is not a Completed Transaction.

  • Open Positions means aggregate risk disclosure, arising from buy or sell of financial instruments in accordance with Client instructions pending for subsequent counter-transaction to close/settle such market trades/disclosures.

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Barrel means forty-two (42) United States gallons of 231 cubic inches of sixty degrees Fahrenheit (60ºF) and equilibrium vapor pressure.

  • Open dump means a site on which any solid waste is placed, discharged, deposited, injected,