TMSC definition

TMSC means the total amount of monthly capacity market supplier charges paid by S in respect of year X before the redetermination under paragraph (1) is made, adjusted by adding the amounts of any reconciliation payments paid by S and subtracting the amounts of any reconciliation payments for which credit notes have been issued to S pursuant to monthly reconciliation runs for the months of year X.

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TMSC means the total amount of monthly capacity market supplier charges and standstill collection period supplier charges paid by S in respect of year X before the redetermination under paragraph (1) is made, adjusted by adding the amounts of any reconciliation payments paid by S and subtracting the amounts of any reconciliation payments for which credit notes have been issued to S pursuant to monthly reconciliation runs for the months of year Xwhich are not standstill months, or standstill collec- tion period reconciliation runs for the standstill collection period of year X.‌

Examples of TMSC in a sentence

• Interviews regarding the project were conducted with the WSDOT project manager, WSF terminal and customer support staff, WSF operations, WSDOT Traffic Systems Management Center (TMSC) operations, and WSDOT maintenance.

• TMSC does not currently anticipate filing a voluntary notice with CFIUS pursuant to the Exon-▇▇▇▇▇▇ Amendment.

• TMSC expects that such representation on the Vital Images Board would permit TMSC to exert substantial influence over Vital Images' conduct of its business and operations.

• Customer is aware that his identity, as well as information relating to the progress of design and development of his products utilizing the Confidential Information shall be furnished to TMSC by IMEC upon TSMC’s request and agrees to such information exchange.

• Upon exercise of the Top-Up Option, TMSC, Purchaser and Vital Images have agreed to cause the consummation of the Merger to occur as promptly as practicable following the issuance of the Top-Up Option Shares.

• The Merger Agreement provides that, from and after the Merger Effective Time, TMSC will honor, and cause the Surviving Corporation to honor, Vital Images' employee benefit plans (excluding the Stock Plans to be terminated at or prior to the Merger Effective Time) and all employment, severance and termination plans and agreements, in each case in accordance with their terms as in effect immediately before the Merger Effective Time.

• TMSC currently intends, promptly after consummation of the Offer, to exercise this right and to designate some or all of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇.

• TMSC and Vital Images entered into a development agreement, dated January 8, 2009 (the "Development Agreement"), whereby Vital Images may develop software products pursuant to development plans that are later agreed to by TMSC and Vital Images.

• Under the Merger Agreement and pursuant to the Plan of Merger, at the Merger Effective Time, each Share that is owned by Purchaser, TMSC or any direct or indirect wholly-owned subsidiary of TMSC or of Vital Images immediately prior to the Merger Effective Time will be cancelled without any conversion thereof and no payment will be made with respect to such Shares.

• License revenue generated through Vital Images' relationship with TMSC during the years ended December 31, 2010 and 2009 was $16.9 million and $18.3 million, respectively.