Pool Account definition

Pool Account means state account for receipts and payments on account of deviation by buyers or sellers including wind and solar generators;

Pool Account means the State Account for receipts and payments on account of deviations by Procurers and Wind and Solar Energy Generators;

Pool Account means the accounts for payments relating to Unscheduled Interchanges (‘UI Account’) applicable under the Inter-State Availability Based Tariff (ABT) mechanism or Intra-State ABT Settlement Charges as identified under the Intra- State ABT mechanism operating in the State, or Reactive Energy Exchanges (Reactive Energy Account) or Deviation Settlement Mechanism under the Maharashtra Electricity Regulatory Commission (Deviation Settlement Mechanism and Related matters) Regulations, 2019 or any other such Accounts, which may be operated by the MSLDC in accordance with the Regulations or directions of the Commission;

Examples of Pool Account in a sentence

• All money in the Incentives Pool (including any interest earned on such money) in respect of any Day will be held on trust by the Incentives Pool Trustee in the Incentives Pool Account for the benefit of the claimants who have made or are entitled to make valid Incentives Pool Claims in relation to that Day.

• Freezing of bid can be done only after completion of EMD submission process.If the payment is made by the bidder within the last date and time of bid submission but is not received in Virtual Pool Account of the Purchaser within the specified period due to any reason, the bid will not be accepted by the System/ Purchaser.

• Please allow a minimum of 60 minutes for enabling “Continuation of Bid Submission” from the time the Pool Account receives credit of the EMD from the Bidder’s Bank for both NEFT and RTGS Transfers.

• The Incentives Pool Trustee shall procure from the Bank with which the Incentives Pool Account is maintained a written acknowledgement that the funds in it are held on trust by the Incentives Pool Trustee and are not funds of the Incentives Pool Trustee, or to be commingled with funds of the Incentives Pool Trustee.

• Any action required or permitted to be taken at a meeting of the Shareholders may be taken, if (but only if) so directed by the Trustees, without a meeting by written action executed by Shareholders, as of a record date specified in accordance with the By-laws, holding not less than the minimum voting power that would have been necessary to take the action at a meeting, assuming that all of the Shareholders entitled to vote on that action were present and voting at that meeting.

More Definitions of Pool Account

Pool Account means regional account for (i) payments regarding Deviation Charges (Deviation Charge Account) or (ii) reactive energy exchanges (Reactive Energy Account) (iii) Congestion Charge, as the case may be;

Pool Account has the meaning set out in clause 7.1.

Pool Account means the account of a Participant in Collateral Pooling Management System of Bank of Italy in which are recorded the eligible assets provided as collateral for Eurosystem credit operations;

Pool Account means the State accounts for payments regarding Unscheduled Interchanges (UI Account) or Reactive Energy Exchanges (Reactive Energy Account) or any other such Accounts which may be operated by SLDC from time to time as per the Regulations or directions of the Commission;

Pool Account means a Receivable owned or serviced by Company.

Pool Account means regional accounts for payments regarding Unscheduled Interchanges (UI Account) or Reactive Energy Exchanges (Reactive Energy Account) or any other such Accounts which may be operated by RLDCs/NLDC from time to time as per the Regulations or directions of CERC;

Pool Account means any bank account in which some or all of the Make and Wait Lenders, as applicable, assert a valid, perfected and unavoidable security interest and lien to secure an Allowed Secured Claim.