Settlement Instation definition

Settlement Instation means a computer based system which collects or receives data on a routine basis from selected Outstation systems on behalf of any Party, Distributor or their Agents;
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Settlement Instation means a computer based system which Superseded Point; (c) the point of connection of an Exempt Distribution System or a Customer to a Distribution System or a Transmission System; and (d) the point of connection of two Distribution Systems; "Standard(s)" means any of the following: Reference Standards; AC/DC Transfer Standards; AC Transfer Standards; or Working Standards, as the context so requires;
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Examples of Settlement Instation in a sentence

  • Time synchronisation of the Outstation may be performed remotely by the Settlement Instation as part of the normal interrogation process or locally by an Interrogation Unit.

  • For the purpose of transferring stored metering data from the Outstation to the Settlement Instation, a unique Outstation identification code shall be provided.

  • An Outstation System shall be provided which transfers data to and receives data from a Settlement Instation.

  • The data retrieved by the Interrogation Unit shall be compatible with the Settlement Instation.

  • Settlement Instation means a computer based system which collects or receives data on a routine basis from selected Outstation Systems by a Data Collector.

  • The data retrieved by the IU shall be compatible with the Settlement Instation.

  • The Outstation shall facilitate the metering data to be read by instations other than the Settlement Instation provided the requirements of clause 7 of this Code of Practice are satisfied.

  • Time synchronisation of the Outstation shall only be performed by communication with the Settlement Instation.

  • The Outstation shall have the ability to allow the metering data to be read by instations other than the Settlement Instation provided the requirements of Section 7 of this Code of Practice are satisfied.

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Related to Settlement Instation

  • Payment Instruction is as defined in Section 36 of the General Terms, and is further defined as the information provided by you to the Service for a bill payment to be made to the Xxxxxx (such as, but not limited to, Xxxxxx name, Xxxxxx account number, and Scheduled Payment Date).

  • payment institution means a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the Union;

  • Payment Instructions has the meaning set forth in Section 5.2(a) of the Loan Agreement.

  • Payment instrument means any personalised device(s) and/or set of procedures agreed between the payment service user and the payment service provider and used in order to initiate a payment order;

  • Involuntary Resettlement Safeguards means the principles and requirements set forth in Chapter V, Appendix 2, and Appendix 4 (as applicable) of the SPS;

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Settlement Notice has the meaning specified in Section 14.02(a)(iii).

  • Settlement Interval has the meaning set forth in the CAISO Tariff.

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour. Day-ahead System Energy Price:

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • competent institution means the institution from which the person concerned is entitled to receive benefit or would be entitled to receive benefit if he were resident in the territory of the Party where that institution is situated;

  • Cash Investment Instrument means an Automated Clearing House (“ACH”) transfer, made payable to or endorsed to NCPS in the manner described in Section 3(c) hereof, in full payment for the Shares to be purchased by any Subscriber.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Settlement Price means the agreed upon price at which to purchase and sell a specified type and quantity of a commodity.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Energy Settlement Area means the bus or distribution of busses that represents the physical location of Network Load and by which the obligations of the Network Customer to PJM are settled. Energy Storage Resource:

  • Resettlement means the impact of an involuntary taking of land under the Project, which taking causes affected persons to have their: (i) standard of living adversely affected; or (ii) right, title or interest in any house, land (including premises, agricultural and grazing land) or any other fixed or movable asset acquired or possessed, temporarily or permanently; or (iii) access to productive assets adversely affected, temporarily or permanently; or (iv) business, occupation, work or place of residence or habitat adversely affected, temporarily or permanently.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit B to be executed and delivered by the Borrower pursuant to Section 6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.