Pool Operator definition
Examples of Pool Operator in a sentence
These responsibilities do not include: (i) determination of the Trust’s status as a Commodity Pool Operator (a “CPO”), (ii) the determination of the Trust’s eligibility for an exclusion from classification as a CPO, or (iii) the completion and filing of the Form CPO-PQR.
All quantities of gas nominated by the Customer or Pool Operator and delivered by the Company shall be considered taken by the Customer or Pool Operator in the Gas Day requested by the Customer or Pool Operator and accepted by the Company.
Therefore, in the event that a Customer or Pool Operator overtakes gas and no quantities of gas are available in the bank such gas will be sold to the Customer or Pool Operator by the Company under the No-Notice Gas Overtake Service and/or Nominated Gas Overtake Service provisions of this Rate Schedule for that day.
If Customer designates a third party to be a Pool Operator, such Pool Operator shall have authority to apply and utilize, on behalf of the pool, any and all balancing services available under this Rate Schedule to manage the imbalances of the pool so long as such Pool Operator has entered into a written agreement with the Company for imbalance netting service.
No-notice gas overtakes under No-Notice Gas Overtake Service and nominated gas overtakes under the Nominated Gas Overtake Service will be billed to the Customer or Pool Operator at a daily overtake price.