Operating Entity definition

Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.
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Operating Entity any Person or any business or operating unit of a Person which is, or could be, operated separate and apart from (i) the other businesses and operations of such Person, or (ii) any other line of business or business segment.
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Operating Entity means a person or company with an underlying business or with assets owned in whole or in part by an income trust for the purposes of generating cash flow;
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Examples of Operating Entity in a sentence

  • Interchange transactions into, out of, or across the Market-Based Operating Entity will continue to be E-tagged and available for curtailment in TLR 3, 4, or 5.

  • To effect this coordination of congestion management activities, we propose a methodology for determining both firm and non-firm flows resulting from Market-Based Operating Entity dispatch on external parties’ Flowgates.

  • Each Market-Based Operating Entity will calculate their actual real-time and projected directional Market Flows, as well as their directional Firm and Non-Firm Market Flows, on each Coordinated Flowgate.

  • An Operating Entity identifies these Flowgates by performing the following four studies to determine which Flowgates the Operating Entity will monitor and help control.

  • For Flowgates on which the Operating Entity expects to utilize the TLR process to protect system reliability, such specification is required.


More Definitions of Operating Entity

Operating Entity has the meaning set forth in Section 7.4.F.
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Operating Entity means an entity established with the purpose of earning a profit in its own right;
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Operating Entity means an Affiliate of the Corporation formed for the purpose of operating and/or marketing and supporting the business of the Corporation in one or more jurisdictions in the Territory.
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Operating Entity has the meaning given in the Certificate of Incorporation.
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Operating Entity means TPG RE Finance Trust Holdco., LLC, a Delaware limited liability company, the Company’s operating entity, or any entity that becomes the Company’s operating entity.
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Operating Entity has the meaning assigned thereto in the BEP Partnership Agreement;
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Operating Entity means any entity operating a toll facility subject to
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