Quality Conversion Service definition

Quality Conversion Service means a Service offered by the TSO at the Installation Point “Quality Conversion”. There are two Quality Conversion Services: the Quality Conversion H->L Service or the Quality Conversion L->H Service.
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Quality Conversion Service means a Service offered by the TSO at an Installation Point where either H-gas can be injected into the L Zone, either H2 or L-Gas can be injected into the H Zone. There are two Quality Conversion Services: the Quality Conversion HL Service or the Quality Conversion to H Service.
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Examples of Quality Conversion Service in a sentence

  • Depending on operational needs, changes to the installations or the availability of the logistics contracts (e.g. with nitrogen suppliers), the TSO possibly has to adapt the Quality Conversion Service.

  • The settlement price in such case, will be determined as the minimum [maximum] of the gas price and minimum [maximum] price of those transaction(s) in case of a market excess [shortfall], decreased [increased] with a conversion fee in accordance with the applicable regulated tariff for a daily Gas Quality Conversion Service L->H [peak load H->L], corresponding to the hourly peak capacity needed to convert the required quantity of gas.

  • The settlement price in such case, will be determined as the minimum [maximum] of the gas price and minimum [maximum] price of those transaction(s) in case of a market excess [shortfall], decreased [increased] with a conversion fee in accordance with the applicable regulated tariff for a daily Gas Quality Conversion Service L‐>H [peak load H‐>L], corresponding to the hourly peak capacity needed to convert the required quantity of gas.

  • Tvar,qcH->L,pl Variable tariff for Quality Conversion H->L, applicable on the Quality Conversion Service Peak Load pl – Regulated Tariff; expressed in € / MWh, as provided for in section 6.

  • TQCH->L,pl Tariff for Quality Conversion H->L, for Quality Conversion Service Peak Load pl – Regulated Tariff; expressed in€/kWh/h/year, as provided for in section 6.

  • In case of a quantity sold in H-Zone for compensating a Market Excess (MEh,z) in the L-Zone, the price at which the Balancing Operator has sold the gas in the H-Zone will be decreased with a corresponding conversion fee in accordance with the applicable regulated tariff for a daily Firm Peak Load Gas Quality Conversion Service L->H, corresponding to the Firm capacity needed to convert such quantity in one hour.

  • TQCH->L,sl Tariff for Quality Conversion H->L, for Quality Conversion Service Seasonal Load sl – Regulated Tariff; expressed in€/kWh/h/year, as provided for in section 6.

  • The Quality Conversion Service LH consists of the possibility to inject Natural Gas into the H Zone.

  • The Quality Conversion Service HL (MTSRQCHL) consists of the possibility to have Natural Gas transmitted from the H Zone to the L zone, at the Installation Point “QC”.

  • The settlement price in such case, will be determined as the minimum [maximum] of the gas price and the weighted average price of those transaction(s) in case of a market excess [shortfall], decreased [increased] with a conversion fee in accordance with the applicable regulated tariff for a daily Gas Quality Conversion Service L->H [peak load H->L], corresponding to the hourly peak capacity needed to convert the required quantity of gas.

Related to Quality Conversion Service

  • Conversion therapy means any practice or treatment as defined in § 54.1-2409.5 A of the Code of Virginia.

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Network Integration Transmission Service means the transmission service provided under Tariff, Part III.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Major conversion means a conversion of an existing ship:

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Forced Conversion Notice shall have the meaning set forth in Section 6(d).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider. Interconnection Service Agreement:

  • Generation Service means the sale of electricity, including ancillary services such as the provision of reserves, to a Customer by a Competitive Supplier.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Provisional Interconnection Service means interconnection service provided by Transmission Provider associated with interconnecting the Interconnection Customer’s Generating Facility to Transmission Provider’s Transmission System and enabling that Transmission System to receive electric energy and capacity from the Generating Facility at the Point of Interconnection, pursuant to the terms of the Interconnection Service Agreement and, if applicable, the Tariff.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • payment initiation service means a service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider;

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Certificate of Conversion means the Certificate of Conversion of the Company filed with the Secretary of State of the State of Delaware pursuant to Section 18-214(b)(1) of the Act on October 9, 2007, as amended or amended and restated from time to time.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Variable Conversion Price means the lesser of (i) the Conversion Price or (ii) 25% multiplied by the Market Price (as defined herein) (representing a discount rate of 75%). “Market Price” means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the ten (10) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. “Trading Price” means, for any security as of any date, the closing bid price on the Over-the-Counter Market, or applicable trading market (the “OTCQB”) as reported by a reliable reporting service (“Reporting Service”) designated by the Holder (i.e. Bloomberg) or, if the OTCQB is not the principal trading market for such security, the closing bid price of such security on the principal securities exchange or trading market where such security is listed or traded or, if no closing bid price of such security is available in any of the foregoing manners, the average of the closing bid prices of any market makers for such security that are listed in the “pink sheets” by the National Quotation Bureau, Inc. If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “Trading Day” shall mean any day on which the Common Stock is tradable for any period on the OTCQB, or on the principal securities exchange or other securities market on which the Common Stock is then being traded, provided, however, that at no time, notwithstanding the occurrence of an Event of Default, may the Conversion Price be less than par value of Common Stock.