Reserve Offer definition

Reserve Offer means a price the City considers prior to receiving Offers as the lowest it is willing to accept for the item(s) within the Offer of Surplus Goods. The Reserve is not an indication, warranty, or representation of the value of the Surplus Goods;
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Reserve Offer means an offer of instantaneous reserve made in accordance with the provisions of rule 6 of section II of part G;
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Examples of Reserve Offer in a sentence

  • The mitigated Spinning Reserve Offer shall be equal to zero for Resources other than combustion turbines, reciprocating engines and hydro Resources operating as a synchronous condenser.

  • The Market Participant may include in the calculation of its mitigated Operating Reserve Offer an amount reflecting the Resource-specific opportunity costs if the Market Participant is able to demonstrate to the satisfaction of the SPP Market Monitoring Unit that such costs are legitimate and verifiable and not otherwise included in market outcomes.

  • Any Operating Reserve Offer exceeding the applicable threshold, except offers below $10/MWh, will be deemed excessive.

  • Intra-day changes to the mitigated Operating Reserve Offer curve must follow the mitigated offer development guidelines in Appendix G and Section 8.2.2 of the Market Protocols.

  • If a Spinning Reserve Offer is submitted for a Resource, and a Resource Offer for Supplemental Reserve is not submitted, then the Supplemental Reserve Offer is set equal to zero.

  • A Resource with an Operating Reserve Offer below $10/MWh shall not be subject to mitigation measures on its applicable Operating Reserve Offer for economic withholding.

  • If there is insufficient supply to meet the Forward Reserve requirements for a Reserve Zone, the Forward Reserve Clearing Price for that Reserve Zone will be set to the Forward Reserve Offer Cap.

  • Forward Reserve Auction Offers for TMNSR and TMOR shall be (a) made on a $/MW-month basis, (b) made on a Reserve Zone specific basis, (c) made on a non-Resource specific basis and (d) shall be less than or equal to the Forward Reserve Offer Cap.

  • Spinning Reserve and/or Supplemental Reserve clearing will be based upon submitted ramp rates for the Block Demand Response Resource, the submitted Spinning Reserve Offer, the Supplemental Reserve Offer and the Block Demand Response Resource’s Maximum Economic Capacity Operating Limit.

  • For a Resource with an Operating Reserve Offer greater than or equal to $10/MWh that has local market power as determined in Section 3.1(3), the Transmission Provider shall apply mitigation measures by placing a cap on the Operating Reserve Offer of 10% above the applicable mitigated Operating Reserve Offer.

Related to Reserve Offer

  • Active Offer means the clear and proactive offer of service in French to individuals, from the first point of contact, without placing the responsibility of requesting services in French on the individual;

  • Asset Sale Offer shall have the meaning specified in Section 4.14.

  • Responsive Offer or means an offer which conforms in all material respects to the requirements set forth in the request for proposals. Material respects of a request for proposals include, but are not limited to price, quality, quantity or delivery requirements.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Permitted Debt Exchange Offer shall have the meaning provided in Section 2.15(a).

  • Asset Sale Offer Amount shall have the meaning specified in Section 4.14.

  • First Offer Period has the meaning set forth in Section 13.5.

  • Offer Period has the meaning given such term in Section 4.1.

  • Permitted Offer means a tender offer or an exchange offer for all outstanding Common Shares of the Company determined by the Board of Directors of the Company, after receiving such advice as it deems necessary and giving due consideration to all relevant factors, to be in the best interests of the Company and its stockholders.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • Repurchase Offer has the meaning set forth in Section 3.04.

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).

  • Offer to Purchase means a written offer (the "Offer") sent by the Company by first class mail, postage prepaid, to each Holder at his address appearing in the Security Register on the date of the Offer offering to purchase up to the principal amount of Securities specified in such Offer at the purchase price specified in such Offer (as determined pursuant to this Indenture). Unless otherwise required by applicable law, the Offer shall specify an expiration date (the "Expiration Date") of the Offer to Purchase which shall be, subject to any contrary requirements of applicable law, not less than 30 days or more than 60 days after the date of such Offer and a settlement date (the "Purchase Date") for purchase of Securities within five Business Days after the Expiration Date. The Company shall notify the Trustee at least 15 Business Days (or such shorter period as is acceptable to the Trustee) prior to the mailing of the Offer of the Company's obligation to make an Offer to Purchase, and the Offer shall be mailed by the Company or, at the Company's request, by the Trustee in the name and at the expense of the Company. The Offer shall contain information concerning the business of the Company and its Subsidiaries which the Company in good faith believes will enable such Holders to make an informed decision with respect to the Offer to Purchase (which at a minimum will include (i) the most recent annual and quarterly financial statements and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in the documents required to be filed with the Trustee pursuant to this Indenture (which requirements may be satisfied by delivery of such documents together with the Offer), (ii) a description of material developments in the Company's business subsequent to the date of the latest of such financial statements referred to in clause (i) (including a description of the events requiring the Company to make the Offer to Purchase), (iii) if applicable, appropriate pro forma financial information concerning the Offer to Purchase and the events requiring the Company to make the Offer to Purchase and (iv) any other information required by applicable law to be included therein). The Offer shall contain all instructions and materials necessary to enable such Holders to tender Securities pursuant to the Offer to Purchase. The Offer shall also state:

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Extension Offer has the meaning specified in Section 2.15(a).

  • Exchange Offer Registration Period means the one-year period following the consummation of the Registered Exchange Offer, exclusive of any period during which any stop order shall be in effect suspending the effectiveness of the Exchange Offer Registration Statement.

  • Base Offer Segment means a component of a Sell Offer based on an existing Generation Capacity Resource, equal to the Unforced Capacity of such resource, as determined in accordance with the PJM Manuals. If the Sell Offers of multiple Market Sellers are based on a single Existing Generation Capacity Resource, the Base Offer Segments of such Market Sellers shall be determined pro rata based on their entitlements to Unforced Capacity from such resource.

  • Net Proceeds Offer Amount has the meaning set forth in Section 4.16.

  • Net Proceeds Offer has the meaning provided in Section 4.16.

  • Failed Remarketing Condition—Unpurchased VRDP Shares means that a Beneficial Owner (other than the Liquidity Provider or its affiliates) continues to hold VRDP Shares, that were subject to a Tender in accordance with this Agreement, after any Purchase Date as a result of the failure by the Liquidity Provider for any reason to purchase such VRDP Shares pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) ("Unpurchased VRDP Shares"), until such time as all Outstanding Unpurchased VRDP Shares are (i) successfully remarketed pursuant to a Remarketing, (ii) purchased by the Liquidity Provider pursuant to the Purchase Obligation, or (iii) if not successfully remarketed pursuant to a Remarketing or purchased by the Liquidity Provider pursuant to the Purchase Obligation, the subject of a validly tendered Notice of Revocation (or any combination of the foregoing); and any Unpurchased VRDP Shares shall be deemed tendered for Remarketing until the earliest to occur of the foregoing events (i), (ii) or (iii) with respect to such Unpurchased VRDP Shares.

  • Shelf Offering Notice has the meaning set forth in Section 2(d)(ii).

  • Accepted Note shall have the meaning specified in paragraph 2B(5).

  • Exchange Offer Registration Statement has the meaning set forth in the Registration Rights Agreement.

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Shelf Procedures means the rules and procedures established pursuant to NI 44-102;