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.
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;
Operating Entity has the meaning set forth in Section 7.4.F.

Examples of Operating Entity in a sentence

  • Fortress Investment Group LLC is 100% owned by Fortress Operating Entity I LP.

  • Each Operating Entity should recognize the importance of training and provide sufficient Operator participation through adequate staffing and work-hour scheduling.

  • In this case, an Operating Entity would have to realize relief through redispatch and TLR 3.

  • 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.

  • Alternatively, for internal and external Flowgates, an Operating Entity may utilize an appropriate substitute Coordinated Flowgate that has similar Market Flows and tag impacts as the temporary Flowgate.


More Definitions of Operating Entity

Operating Entity means (a) any Person, (b) any business or operating unit of a Person (i) which is operated separate and apart from the other businesses and operations of such Person, or (ii) whose products and services are uniquely divisible from the products and services of such Person, or (c) any other line of business or business segment.
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.
Operating Entity means an entity established with the purpose of earning a profit in its own right;
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.
Operating Entity means 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.
Operating Entity has the meaning given in the Certificate of Incorporation.
Operating Entity has the meaning assigned thereto in the BEP Partnership Agreement;