SP Licences definition
SP Licences means the generation, transmission and supply licences held by SP and its affiliates at the date hereof (as such licences may be amended or varied or substituted from time to time pursuant to the Electricity ▇▇▇ ▇▇▇▇ and, where the context permits, shall include any other transmission licence which may from time to time be in force in respect of the part of the transmission system in Scotland to which the ▇▇▇▇▇ Interconnector is connected);