Seven Year Statement Works definition

Seven Year Statement Works the works set out in Table B7 of the statement prepared by The Company pursuant to Standard Condition C11 of the Transmission Licence and issued by The Company in [ ] which in The Company’s reasonable opinion are required to be completed before the Completion Date to ensure that the National Electricity Transmission System complies with the requirements of Standard Condition C17 of the Transmission Licence and Standard Condition D3 of any Relevant Transmission Licensee’s transmission licence prior to the Connection of the User’s Equipment in terms of Clause 7.1 [or 7.2] of this Construction Agreement.
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Seven Year Statement Works the works set out in Table B7 of the statement prepared by NGC pursuant to [Condition 10 paragraph 5] of the Transmission Licence and issued by NGC in [ ] which in NGC’s reasonable opinion are required to be completed before the Completion Date to ensure that the NGC GB Transmission System complies with the requirements of [Condition 12] of the Transmission Licence and Condition [ ] of any Relevant Transmission Licensee’s transmission licence prior to the Connection of the User’s Equipment in terms of Clause 7.1 [or 7.2] of this Construction Agreement.
Sample 1

Examples of Seven Year Statement Works in a sentence

  • Provided that no sum shall be due in respect of Final Sums in respect of fees, expenses and costs associated with (a) the Seven Year Statement Works and/or (b) Transmission Reinforcement Works required for wider system reasons and specified in Part 2 of Appendix H.

  • Reinforcement WorksDeleted: NGCProvided that no sum shall be due in respect of Final Sums in respect of fees, expenses and costs associated with (a) the Seven Year Statement Works and/or (b)required for wider system reasons and specified in Part 2 of Appendix H.

  • Provided that no sum shall be due in respect of Final Sums in respect of fees, expenses and costs associated with (a) Seven Year Statement Works; and (b) Wider Transmission Reinforcement Works required for wider system reasons and specified in Part 2.2 of Appendix H.

Related to Seven Year Statement Works

  • Annual Work Plan means any of the Annual Work Plans.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Calendar Year means each successive period of twelve (12) calendar months commencing on January 1 and ending on December 31.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • NAIC Annual Statement is defined in Section 6.2(a).

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Annual Statement means that statement required by Iowa Code section 508.11 to be filed annually by the company with the office of the commissioner.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Production Year means the 12- month period between September 1 of one year and August 31 of the following year, inclusive.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Reporting Year means a twelve-month compliance reporting period required under the Applicable Program.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Monthly Reporting Period The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of:

  • Annual Accountant’s Report is defined in Section 3.04(a) of the Servicing Agreement.

  • Fiscal Year End means the end of each Fiscal Year.

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.