Postalised System definition

Postalised System means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force at such time; “Primary DPO” means a Designated Pipe-line Operator holding a licence to convey gas in respect of a part of the Postalised System on which the Licensee is entitled to Exit gas; “Primary DPO Network” means all gas plant owned, operated or utilised by a Primary DPO through which that Primary DPO is conveying gas for the Licensee and from which the Licensee is entitled to Exit gas; “PS Transmission Payments” means any amount which a Primary DPO is obliged or entitled to charge to the Licensee in respect of the provision of gas conveyance services on the Postalised System under such Primary DPO’s licence to convey gas; “Quarter” means each successive three calendar month period in a Gas Year, the first of which shall run from and including 05:00 hours 01 October until 05:00 hours 01 January in that Gas Year; and “Quarterly” shall be construed accordingly. “Terms of Reference” means the terms of that name appended to the Network Code which govern the operation of the Credit Committee; “Transit Point” means a point of interconnection between a Designated Network and another pipeline forming part of the Postalised System;
Postalised System means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force at such time;
Postalised System means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made

Examples of Postalised System in a sentence

  • If any of the Transporter or a PS Gas Supplier reasonably believes that failure by the Transporter or another Designated Pipe-line Operator to re-assess a PS Gas Supplier’s Required Level of Credit Support and/or PS Gas Supplier’s Provided Level of Credit Support would result in an unacceptable material increase in risk to the security of the Postalised System, it may, at any time, call a Credit Committee meeting to propose that the Credit Committee give a Direction requiring such re-assessment.

  • If the Transporter or a Shipper reasonably believes that failure by the Transporter to re- assess a Shipper’s Required Level of Credit Support and/or Shipper’s Provided Level of Credit Support would result in an unacceptable material increase in risk to the security of the Postalised System, it may, at any time, call a Credit Committee meeting to propose that the Credit Committee give a Direction requiring such re-assessment.

  • Mutual Energy noted that we had omitted to propose modifications to Condition 2A.4.3.1 (b) of the PTL, BGTL, WTL and GNI (UK) which requires the Postalised System Administrator (PSA) to provide the licence holders with the postalised charges by no later than two Business Days before the first Business Day in August.

  • The development of an administrative function for calculating and distributing the respective tariffs and revenues would also be required to implement the tariff methodology i.e. an all-island equivalent to the Northern Ireland Postalised System Administrator.

  • If the Transporter or a Shipper reasonably believes that failure by the Transporter to re-assess a Shipper’s Required Level of Credit Support and/or Shipper’s Provided Level of Credit Support would result in an unacceptable material increase in risk to the security of the Postalised System, it may, at any time, call a Credit Committee meeting to propose that the Credit Committee give a Direction requiring such re-assessment.

  • The 2016-17 Postalisation Reconciliation process for the Northern Ireland Gas Transmission Network has been completed and was circulated to the Designated Pipeline Operators (“DPOs”) by the Postalised System Administrator (“PSA”) on 7th December 2017.

  • The Licensee shall provide to each Gas Supplier details of the aggregate sum of all Quarterly Exit Quantities (whether in the form of a joint report or otherwise) in respect of each exit point on the Postalised System.

  • This would be similar to the Northern Ireland PSA (Postalised System Administrator) function with the addition of handling currency differences.

  • We furthermore proposed to shorten paragraph (d) of condition 2A.4.3.1 The Postalised System Administrator, The PSA’s functions in all four high pressure licences so that it reads “the calculation of any VAT Distributions due in respect of sums received into the PoT Account from PS Gas Suppliers on the date of calculation of the Monthly Distribution in the relevantmonth (month “m”).” and all text thereafter in the current licence drafting is removed from this paragraph.

  • These are:  A Postalised System Administrator (PSA) to administer the Postalised system, e.g. to calculate forecast tariffs, calculate the year-end reconciliation payments or repayments, and verify all payments into the bank account.


More Definitions of Postalised System

Postalised System means the system comprising all gas pipe-lines designated as being
Postalised System or “PS” means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force at such time; “PoT Account” shall have the meaning ascribed to that term in Condition 2A.5.3.1(a); “Primary DPO” means the Designated Pipe-line Operator holding a licence to convey gas in respect of a part of the Postalised System on which the PS Gas Supplier is entitled to exit gas; “PSA” shall have the meaning ascribed to that term in Condition 2A.4.1.1; “PS Actual Required Revenue (PSARR)” means, in respect of a Gas Year, the sum of all Actual Required Revenues in respect of such Gas Year; “PSA Agreement” shall have the meaning ascribed to that term in Condition 2A.4.1.1; “PSA Functions” shall have the meaning ascribed to that term in Condition 2A.4.3.1; “PS Actual Firm Capacity” shall have the meaning ascribed to that term in Condition 2A.2.6.2; “PS Annual Exit Quantity” shall have the meaning ascribed to that term in Condition 2A.2.6.1; “PS Forecast Annual Quantity” shall have the meaning ascribed to that term in Condition 2A.2.5.1; “PS Forecast Required Revenue (PSFRR)” means in respect of a Gas Year the sum of all Forecast Required Revenues as such term is defined in each Respective Licence in respect of all Designated Pipe-line Operators in respect of such Gas Year; “PS Gas Supplier” means any person who is entitled to exit gas from the Postalised System; “PS Initial Firm Capacity” shall have the meaning ascribed to that term in Condition 2A.2.5.2;

Related to Postalised System

  • postal item means an item addressed in the final form in which it is to be carried, irrespective of weight. In addition to items of correspondence, such items also include for instance books, catalogues, newspapers, periodicals and postal packages containing merchandise with or without commercial value, irrespective of weight;

  • Postal service means the United States postal service.

  • postal services means services consisting of the clearance, sorting, routing and delivery of postal items. This shall include both services falling within as well as services falling outside the scope of the universal service set up in conformity with Directive 97/67/EC;

  • postal ballot means voting by post or through any electronic mode;

  • relevant material means any information, document or thing that in the opinion of SARS is [forseeably] foreseeably relevant for the administration of a tax Act as referred to in section 3;’’;

  • Verified mail means any method of mailing that is offered by the

  • pseudonymisation means the processing of personal data in such a manner that the personal data can no longer be attributed to a specific data subject without the use of additional information, provided that such additional information is kept separately and is subject to technical and organisational measures to ensure that the personal data are not attributed to an identified or identifiable natural person;

  • VNXX Traffic is all traffic originated by a Party’s End User Customer and dialed with a local dialing pattern that is not terminated to the other Party’s End User Customer physically located within the same CenturyLink Local Calling Area (as approved by the state Commission) as the originating caller, regardless of the NPA-NXX dialed. VNXX does not include originating 8XX traffic.

  • Enslavement means the exercise of any or all of the powers attaching to the right of ownership over a person and includes the exercise of such power in the course of trafficking in persons, in particular women and children;

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Host At Destination means the person with whom the Insured is sharing prearranged overnight accommodations in the host's home.

  • Protocol means, in respect of any category of object and associated rights to which this Convention applies, the Protocol in respect of that category of object and associated rights;

  • State Load Despatch Centre or ”SLDC” means the centre established by the State Government for the purpose of exercising the powers and discharging the functions under Section 31 of the Act;

  • interconnected system means a number of transmission and distribution systems linked together by means of one or more interconnectors;

  • Licensed System means, collectively:

  • XXXXX System means the XXXXX filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • Aircraft Protocol means the official English language text of the Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment, adopted on November 16, 2001, at a diplomatic conference in Cape Town, South Africa, and all amendments, supplements, and revisions thereto (and from and after the effective date of the Cape Town Treaty in the relevant country, means when referring to the Aircraft Protocol with respect to that country, the Aircraft Protocol as in effect in such country, unless otherwise indicated).

  • relevant system means a relevant system for the holding and transfer of shares in uncertificated form;

  • Business reply mail envelope means an envelope that may be mailed free of

  • Telework means the performance of normal and regular work functions on a workday at a location

  • Return Destination means the place to which the Insured expects to return from his/her Trip as shown in the Application.

  • Kyoto Protocol means the protocol to the UNFCCC adopted at the Third Conference of the Parties to the UNFCCC in Kyoto, Japan on 11 December 1997 as may be amended;

  • Unmanned aircraft system means an unmanned aircraft and associated elements (including communication links and the components that control the unmanned air- craft) that are required for the operator to operate safely and efficiently in the national airspace system.’’.

  • Detailed telecommunications billing service means an ancillary service of separately stating information pertaining to individual calls on a customer's billing statement.

  • Airport System means two or more airports grouped together and serving the same city or conurbation, as indicated in Annex II to Regulation (EEC) No 2408/92;

  • Receptacle means a containment vessel for receiving and holding substances or articles, including any means of closing. This definition does not apply to shells (see also "Cryogenic receptacle", "Inner receptacle", "Pressure receptacle", "Rigid inner receptacle" and "Gas cartridge");