Virtual Transaction definition

Virtual Transaction means a Decrement Bid, Increment Offer and/or Up-to Congestion Transaction. Virtual Transaction Screening: “Virtual Transaction Screening” shall be the process of reviewing the Virtual Credit Exposure of submitted Virtual Transactions against the Credit Available for Virtual Transactions. If the credit required is greater than credit available, then the Virtual Transactions will not be accepted. Virtual Transactions Net Activity:

Virtual Transaction means a Decrement Bid, Increment Offer and/or Up-to Congestion Transaction.

Virtual Transaction or “Virtual Transactions” means the purchase of goods and/or services over the Internet by the Customer from You, whether the Transaction is facilitated by an Aggregator or not, for which Authorisation has been obtained, or the purchase of goods and / or services using the FNB Banking App;

Examples of Virtual Transaction in a sentence

• Market Participants will be able to directly apply for authorization as a Virtual Transaction Energy Trader within Online IESO.

• Each Customer that submits a Virtual Transaction bid into the ISO Day-Ahead Market and has a schedule accepted by the ISO to sell Energy in a Load Zone in the Day-Ahead Market will receive a payment equal to the product of (a) the Day-Ahead hourly zonal LBMP for that Load Zone; and (b) the hourly scheduled Energy for the Customer in that Load Zone.

• They are the Virtual Information Space, Virtual Communication Space, Virtual Transaction Space and Virtual Distribution Space.

• Review and Submit New Prudential Support Requirements Process Descriptions 1.0: Register New Market Participant and Resource TypesThis process impacts new Price Responsive Loads and new Virtual Transaction Energy Traders.The steps to authorize and register Market Participants remain unchanged.

• In the renewed market, Market Participants will be able to identify themselves as a Virtual Transaction Energy Trader and/or register their resources as a Price Responsive Load.

• Each Customer that bids into the Day-Ahead Market, including each Customer that submits a Bid for a Virtual Transaction, and has a schedule accepted by the ISO to purchase Energy in the Day-Ahead Market will pay the product of: (a) the Day-Ahead hourly Zonal LBMP at each Point of Withdrawal; and (b) the scheduled Energy at each Point of Withdrawal.

• Detailed training resources will be provided to demonstrate how Market Participants can become a Virtual Transaction Energy Trader and/or register a load resource as Price Responsive Load in the near future.

• This process impacts Dispatchable and Non-Dispatchable Generators, Dispatchable Loads, Demand Response Resources, Price Responsive Loads, Virtual Transaction Energy Traders, Intertie Traders, and Energy Storage Providers.The mandatory window continues to be in place to restrict changes to bids and offers two hours in advance of Real-Time.

• This process impacts Dispatchable and Non-Dispatchable Generators, Dispatchable Loads, Demand Response Resources, Price Responsive Loads, Virtual Transaction Energy Traders, Intertie Traders, and Energy Storage Providers.The future Pre-Dispatch Calculation Engine produces results starting at 20:00 EST and will continue to run on an hourly basis.

More Definitions of Virtual Transaction

Virtual Transaction means a Decrement Bid, Increment Offer and/or Up-to Congestion Transaction. Virtual Transaction Screening: Virtual Transaction Screening is the process of reviewing the Virtual Credit Exposure of submitted Virtual Transactions against the Credit Available for Virtual Transactions. If the credit required is greater than credit available, then the Virtual Transactions will not be accepted. Virtual Transactions Net Activity: Virtual Transactions Net Activity shall mean the aggregate net total, resulting from Virtual Transactions, of (i) Spot Market Energy charges, (ii) Transmission Congestion Charges, and (iii) Transmission Loss Charges, calculated as set forth in Attachment K-Appendix. Virtual Transactions Net Activity may be positive or negative. Wholesale Transaction:

Virtual Transaction means a Decrement Bid, Increment Offer and/or Up-to Congestion

Virtual Transaction means the purchase of goods and/or services from the merchant by the 2D User via the Internet;

Virtual Transaction means the purchase of goods and/or services from the merchant by the Cardholder