PTL Licence definition

PTL Licence means the Licence for the conveyance of gas granted to PTL, as from time to time in force;

Examples of PTL Licence in a sentence

  • For the purposes of the PTL Licence, the Licensees OS Revenues Share for PTL is the Transporter’s Moffat Share.

  • For the purposes of the PTL Licence, the Licensees OS Revenues Share for PTL is the sum of its shares of the TSO’s Aggregate Moffat Share as described in 6.7.5 (a) and (b) and (c) above.

  • We assume that each DPO’s Code Modification rules will reflect differences between the DPO’s Licence and the PTL Licence.

  • A copy of the PTL Licence can be obtained at a cost of £10 from Ofreg at Brookmount Buildings, 42 Fountain Street, Belfast.

  • The cost of such audit and effecting such remedial measures shall be treated as an Eligible Pass-Through Cost in accordance with the PTL Licence, the WTL Licence and the BGTL Licence or an Unforeseen Operating Expenditure in accordance with the GNI (UK) Licence as the context requires.

  • We refer to the section p4 of the NIAER document In order to permit PTL and TNI to proceed with developing the proposed transaction and related financing, in April 2004 the Authority authorised an amendment to the PTL Licence, to permit it to pass through all costs, fees and expenses reasonably and properly incurred by TNI, PTL and their respective advisers, in developing and implementing the proposed transaction as approved by the Authority.

  • The Relevant Objective, (condition 2.4 of the PTL Licence) will be better facilitated by the Licensee’s Network Code as a result of this modification.

  • For the purposes of the PTL Licence, the Licensees OS Revenues Share for PTL is thePTL Transporter’s Moffat Share.

  • For the purposes of the PTL Licence, the Licensees OS Revenues Share for PTL is the PTLTransporter’s Moffat Share.

  • The Authority will also issue a comfort letter to PTL and the financiers in terms to be agreed, addressing certain matters, including: − consultation with PTL prior to proposing any modifications to the PTL licence;− consideration of any eventual application for a new conveyance licence for the SNIP network by a person nominated by the security trustee under the financing in the event of a revocation of the PTL Licence or other default under the financing.

Related to PTL Licence

  • individual licence means a telecommunications licence referred to in section 38(1)(a) or (b);

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • Initial license means the first permanent license granted to a qualified individual.

  • Reciprocal license means the issuance of an Iowa license to practice barbering to an applicant who is currently licensed in another state and which state has a mutual agreement to license persons who have the same or similar qualifications to those required in Iowa.

  • Retail license means one of the following licenses issued under this title:

  • Material License has the meaning assigned to such term in Section 7.15.

  • Perpetual License means a license which is everlasting and valid if the software is being used in accordance with the license-agreement requirements.

  • Environmental Licence means any permit, licence, authorisation, consent or other approval required by any Environmental Law.

  • Governmental Licenses has the meaning set forth in Section 4.3.

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • Provisional license means a nonrenewable license issued by the Board of Education for a specified

  • Conditional license or "conditional approval" means a license

  • Occupational license means a certificate, registration, or license issued by a state department, bureau, or agency that has regulatory authority over an individual that allows an individual to legally engage in a regulated occupation or that allows the individual to use a specific title in the practice of an occupation, profession, or vocation.

  • Local licensing authority means the governing body of a municipality or city and county, the board of county commissioners of a county, or any authority designated by municipal or county charter, municipal ordinance, or county resolution.

  • Sub-License means the sub-licensing of any space in the Station Development Assets and Project Utilities in the Station Development Project, by the Station Facility Manager to any licensee, in accordance with the Station Facility Management Agreement;

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • class licence means a licence granted to all members of a class of persons, being a class specified in the licence;

  • Business License means a license issued by the Department to a medical marijuana dispensary, grower, processor, testing laboratory, or transporter.

  • Supply Licence means the licence granted to us under section 6(1)(d) of the Act;

  • Package License means the Metric and Licensed Level applicable to each Package; a Package License for any Package referenced in Exhibit 3 shall include, and be subject to, the specific terms and Use rules applicable to such Package.

  • Financial licensing act means any of the financial licensing acts, as that term is defined in section 2 of the consumer financial services act, 1988 PA 161, MCL 487.2052.

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • Business Licenses has the meaning ascribed to it in Section 1.01(a)(x).

  • licence means a licence granted under this Act;

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.

  • Sub-Licensee means all person/ agency with whom Licensee has executed sub license agreement as per terms and conditions of license agreement executed between DMRC and the Licensee, for commercial utilization of the Bare Spaces.