Operational Transaction definition
Operational Transaction means a transaction between the Company and the Delegate or an Affiliate of the Delegate that is ancillary to natural gas liquids transportation activity and that enables the Company to receive natural gas liquids into, transport them on, or deliver them out of the System, all conducted in accordance with customary midstream industry practices; provided, however, that an Operational Transaction shall not include:
Operational Transaction means the financial transaction generated by FS2 for each Travel Sector booking that is passed to the ISS for collection from an Agent and for subsequent payment to one or more FS2 Travel Vendors.
Examples of Operational Transaction in a sentence
Commodities Other than pursuant to an Operational Transaction, the Delegate is not authorized to buy, sell, trade or deal in commodities without express authorization by the Management Committee on a case-by-case basis.
The minimum amount of insurance coverage required will be reviewed and new levels mutually agreed based upon current transaction volumes, two years after the date the first Operational Transaction has been processed by FS2, and every two years thereafter.
Modules include: List goes here Operational Transaction System Completed Training Engagement and Training acceptance signoff Configured Software aligning to the Configuration Workbooks for the first 5 of each reader type.