Primary Holders definition
Examples of Primary Holders in a sentence
Congestion Rents are collected by the ISO from Loads through its facilitation of the LBMP Market Transactions and the collection of Transmission Usage Charges from Bilateral Transactions, and paid to Primary Holders.
However, the ISO shall make all Settlements with Primary Holders.
Buyers in a Secondary Market that elect to become Primary Holders must meet the eligibility criteria in Section 19.7 of this Attachment M.
After the conclusion of each auction, all Primary Holders may sell their TCCs in the Secondary Markets, unless otherwise provided in this Attachment M.
Secondary Market transfers of Incremental TCCs shall be made pursuant to the provisions of OATT Section 19.6.2. Transferees of Incremental TCCs that choose to become Primary Holders shall be subject to all existing ISO credit requirements and may be subject to any future credit requirements that may be applied to TCCs with a duration longer than one year.