VTP definition

VTP or “Virtual Trading Point” means a notional point at which market participants can trade natural gas within a relevant market area, and in the context of the BGH means the NNGTN or a market located within the NNGTN Balancing Zone.
VTP means a virtual trading point within the transmission network of the TSO between the entry and exit points, where it is possible to transfer the title to gas through the Title Transfer service and to use other Additional Services.
VTP means a vocational education and training provider as defined in section 1 of the Act, and includes an assessment centre and other institutions accredited by the NQA and approved by the NTA to conduct an assessment leading to the issuance of a unit standard or qualification in respect of which the NTA is the recognised national body responsible for the unit standard or qualification.

Examples of VTP in a sentence

  • In as far as the daily “Settlement Price” published in the "CEGH AT VTP Front Month Single Day Select” section for the month following the base month as specified in Section XIV.1 decreases by at least 20% under the duration of the contract, parties shall jointly review the extent of the collateral provided by the Borrower.

  • In the case of lay-off, the Parties shall endeavour to come to an agreement with respect to the VTP within no more than ten (10) days of the initiation of VTP negotiations and, where possible, to implement the VTP in advance of the issuance of lay-off notices.

  • If agreement on the VTP is not reached, the Company shall offer the minimum outlined below.

  • In the event of a Group Termination as defined in the Canada Labour Code (or in the event of fewer lay-offs where agreed to by the Parties), or merger with another company or companies or formation of any successor organization, the Company, and SPEA shall negotiate in good faith to develop a voluntary termination program (VTP).

  • Seller: Customer Buyer: Logistic Swap Provider Delivery Point: Delivery Point A [ X ] INTRA SYSTEM Relevant System: [(insert if DPA is NCG VTP H-Gas) Bayernets, Fluxys TENP, GRTgaz Deutschland, Open Grid Europe, terranets bw, Thyssengas.

  • Market participants who use the VTP shall be liable to pay a fee.

  • Under the VTP, an employee may apply to voluntarily terminate their employment.

  • DI the fee for the provision of transport capacities for the transport of gas quantities from the VTP to the storage facility during the respective period that is indicated in number 2.3 of the Annex "Capacities and Storage Fee” in ct/(kWh/h)/d, hereinafter also referred to as “Exit Fee”.

  • DW the fee for the provision of transport capacities for the transport of gas quantities from the storage facility to the VTP during the respective period that is indicated in number 2.3 of the Annex "Capacities and Storage Fee in ct/(kWh/h)/d, hereinafter also referred to as “Entry Fee”.

  • Employees may request to withdraw from their selected VTP change of assignment within three (3) months after the effective date of the VTP.


More Definitions of VTP

VTP has the meaning set forth in the Preamble to this Agreement.
VTP means RANCO’s Vocational Training Program.
VTP means the College’s Vocational Training Program.

Related to VTP

  • ECO means Engineering Change Orders.

  • CSP means a Member or a Special Member, which action on behalf of itself or one or more other Members or non-Members, participates in the PJM Interchange Energy Market, Ancillary Services markets, and/or Reliability Pricing Model by causing a reduction in demand.

  • MSC means ▇▇▇▇▇▇ Shopping Centre Pty. Limited, its successors and permitted assigns;

  • EPG means electronic program guide maintained by a DPO on its Digital Distribution Platform which lists the television channels and programs, and scheduling and programming information therein and includes any enhanced electronic guide that allows Subscribers to navigate and select such available channels and programs.

  • APC means the Ambulatory Payment Classification system under 42 CFR 419.31 used by Medicare for grouping clinically and resource-similar procedures and services.