PoT Account definition

PoT Account means the bank account into which all monies paid by Gas Suppliers in respect of PS Transmission Amounts should be paid in accordance with Section F;
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PoT Account means the bank account into which all monies paid by Gas Suppliers
Sample 1
PoT Account means the bank account into which all monies paid by Gas Suppliers in respect of PS Transmission Payments Amounts should be paid in accordance with Section F;"Pressure Report" means the Northern Ireland Gas Transmission System Pressure Report prepared by PTL and BGE(UK)L in consultation with Belfast Gas from time to time in accordance with the Northern Ireland Network Operators Agreement;
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Examples of PoT Account in a sentence

  • The Transporter shall procure that the amount paid under a guarantee or letter of credit following any demand thereunder shall be paid into the PoT Account, unless such amount exceeds (the amount of any such excess, being the " Excess Amount") the PS Transmission Amounts overdue for payment by the Shipper at the time of such payment, in which case an amount equal to the overdue PS Transmission Amounts shall be paid into the PoT Account.

  • The Shipper shall, no later thanthirty (30) Business Days following receipt of the Termination Invoice pay to the PoT Account all sums payable under Section 16.5.2, with the exception of payments due under Section 16.5.2(a)(ii), which shall be payable to the Transporter in accordance with the provisions of this Code.

  • Subject to clause 3, below, [In consideration of the payment of £1 payable on demand by BGE (UK) to the Guarantor] if and whenever there is a Payment Default the Guarantor shall, as primary obligor and not merely as surety, within [14] days of receipt of a written demand from BGE (UK) pay [the Demanded Overdue Sum] [.% of the Demanded Overdue Sum] into the following bank account:- [Note: This will be the PoT Account.] .

  • The Shipper shall, no later than 30 Business Days following receipt of the Termination Invoice pay to the PoT Account (or in the case of the Stranraer Shipper, the Transporter’s Account) all sums payable under section 21.5.2, with the exception of payments due under section 21.5.2(a)(ii), which shall be payable to the Transporter in accordance with the provisions of this Code.

  • The provisions of this Section 12.9 shall be applied, mutatis mutandis, to payments of each invoice to be submitted issued by the Transporter to any Shipper which is not a Gas Supplier in respect of those charges which such Shipper has agreed to pay in accordance with Section 12.2.3 (a) save that such invoiced amounts shall be paid to the Transporter and to such account (not, for the avoidance of doubt, being the PoT Account) as the Transporter may, from time to time, give the Shipper written notice of.

  • If a Shipper or Belfast Gas fails to pay any sum due in accordance with this Section F on the Due Date, interest on such overdue amount shall accrue, both before and after judgment, at LIBOR plus 3% compounded monthly from the Due Date until the date payment is made and be payable into the PoT Account.

  • Operational Plans shall be provided to the Rothesay Arena prior to on ice activities and must adhere to the requirements laid out in the Rothesay Arena’s Operational Plan.

  • The Shipper shall, no later thanthirty (30) Bbusiness Ddays following receipt of the Termination Invoice pay to the PoT Account all sums payable under section 16.5.2, with the exception of payments due under section 16.5.2(a)(ii), 16.5.2 (a)(iii) and 16.5.2 (b)(iv), which shall be payable to Premier Transmission in accordance with the provisions of this Code.

  • For partial or wheel track milling operation on multi-lane facilities, the lane being milled may be left closed and paved back within 72 hours.

  • A Shipper shall pay to the PoT Account any balance specified in a PS Invoice in accordance with paragraph 4.3 by the Due Date provided that this obligation shall not be satisfied by any payment by a Shipper to Belfast Gas of any such balance specified in a PS Invoice.

Related to PoT Account

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Direct Account : means any Account which is not an ISA Account.

  • Investment Account As defined in Section 3.12(a).

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Note Account As defined in the Indenture.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Private Account means the portion of a portfolio of a private client or mutual fund client for which the Adviser serves as investment adviser or subadviser.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Holding Account means an account:

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Separate Accounts means the accounts which are to be prepared for each

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Online Account means the Bank account from which you will be conducting transactions using a Service;

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).