Industry Rules definition

Industry Rules means, in each case to the extent applicable to the performance of a Party’s obligations under the Agreement, the Electricity Act 1989, the Authority’s Requirements, the Finance Act 2000, the BSC, the Grid Code, the Distribution Use of System Agreement, the Master Registration Agreement, the CUSC and any Connection Agreement, the Distribution Connection and Use of System Agreement, a Licence or exemption (as applicable) and any other legislation, agreement, licence or code relevant to the sale or purchase of electricity and associated benefits or which affects the ability of the Generator or EDF Energy to perform their obligations under the Agreement, each as amended from time to time;
Industry Rules means all rules and requirements applicable to any supply, including:-
Industry Rules means, the Act, the Licences, the Industry Agreements and any other legislation, agreement, licence or code to which Smartest or the Customer is or should be a party or is subject to which affects its ability to perform its obligations under the Supply Contract.

Examples of Industry Rules in a sentence

  • If Crown Gas & Power is not satisfied that the Customer is complying with Industry Rules, then Crown Gas & Power reserves the right to take action as described in 6.7, and recover any Losses it suffers and/or incurs directly from the Customer as set out in 4.18(iv).

  • In order to comply with Industry Rules, Crown Gas & Power may instruct its Agent to carry out a Change of Measurement Class in relation to the Meter in order to record, charge and settle Electricity consumption on a half hourly basis.

  • In the event that the Customer suffers any loss as a result of any action taken by the Network Operator and/or Crown Gas & Power (including its Agent), which is in compliance with the Industry Rules and which is not as a result of the Network Operator’s and/or Crown Gas & Power’s negligence, the Customer shall not bring any action or proceedings against Crown Gas & Power or the Network Operator and neither the Network Operator nor Crown Gas & Power shall have any liability to the Customer.

  • By entering into this Agreement, the Customer will (unless relevant Industry Rules provide otherwise) be deemed to have also enter into a standard connection agreement with the Network Operator.

  • Where the Customer owns the Meter, the Customer is responsible for ensuring that it functions properly at all times, provides timely and accurate consumption data (as the case may be) and complies with Industry Rules.

  • In accordance with Industry Rules, Crown Gas & Power is not a Feed In Tariff ( FIT) licensee and is not able to make payments under the government’s FIT scheme.


More Definitions of Industry Rules

Industry Rules means all relevant rules and requirements applicable to any Supply, including the Electricity Act (1989); the conditions of license granted by an authority in respect of the supply of electricity; the industry codes and agreements to which licensed suppliers of Electricity are required to adhere; any legislation or regulations which affects the conditions or costs of supply to any Site; any applicable connection agreement with a Network Operator.
Industry Rules means, in each case to the extent applicable to the performance of a Party’s obligations under the Agreement, the Electricity Act 1989, the Authority’s Requirements, the Finance Act 2000, the BSC, the Grid Code, the Distribution Use of System Agreement, the Master Registration

Related to Industry Rules

  • AIM Rules means the rules published by the London Stock Exchange governing admission to AIM and the regulation of AIM companies as amended or re-issued from time to time;

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • Good Industry Practice means standards, practices, methods and procedures conforming to the Law and the degree of skill and care, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced person or body engaged in a similar type of undertaking under the same or similar circumstances.

  • Network Rules means the rules, regulations, releases, interpretations and other requirements (whether contractual or otherwise) imposed or adopted by any Card Networks and related authorities, including without limitation, those of the PCI Security Standards Council, LLC and the National Automated Clearing House Association (including, with respect to EBT, the Quest Operating Rules and with respect to PIN debit cards, the rules, regulations, policies and procedures of the applicable debit network).