Market Test definition

Market Test means a market test process conducted by the Transporter to assess interest of all potential users in contracting capacity before capacity allocation in the new infrastructure takes place, as referred to in the Joint Opinion. OpEx has the meaning given to it in Clause 1.2. Planned COD means, at any time, the date that is then planned to be the Commercial Operations Date, adjusted as described in Clause 1.5 below. Recovery Period means the 25 year period with exemption from regulated tariffs, granted by Article 4.2 of the Joint Opinion, starting from the Commercial Operation Date.

Market Test means a procedure referred to in the Article 9 of this Network Code which is to be conducted by the Transporter together with the AFO for the purpose of assessing whether there is economically justified interest among market participants for Capacity Products that would require from the Transporter to provide incremental capacity of Pipeline;

Market Test means a market test process pursuant to which interest will be solicited regarding (a) providing new money debt financing to either New JCP or the REIT (including financing that would “take-out” any of the “take back” paper otherwise proposed for the Plan, (b) the sale or sale sale/leaseback of the Debtors’ owned distribution centers, (c) the provision of new capital to either New JCP or the REIT in exchange for equity in such entity, (d) the purchase of New JCP, the REIT or substantially all of the assets of either as a going concern, and (e) the purchase of all or part of the Debtors’ assets.

Examples of Market Test in a sentence

• Reserved Capacity has already been made available in accordance with the Initial Capacity Allocation Mechanism and in the first Market Test, conducted prior to the start of construction of the pipeline.

• Categories of foreign workers such as intra-corporate transferees, contractual service suppliers, and foreign workers with no employee-employer relationship, or those without commercial presence in the Philippines are excluded from the AEP requirement and are therefore exempt from the Labor Market Test.

• The Labor Market Test requires the publication of an applicant’s name, position, employer, employer’s address, functions, qualifications, monthly salary range, and other benefits.

• Similarly, the Metro Post market test record contains no indication that offering same-day delivery will “‘create an unfair or otherwise inappropriate competitive advantage for the Postal Service or any mailer, particularly in regard to small business concerns.’” See Docket No. MT2013-1, Order No. 1539, Order Approving Metro Post Market Test, November 14, 2012, at 9 (quoting 39 U.S.C. § 3641(b)(2)).

• The revised rules impose a more rigorous Labor Market Test prior to approving the AEP27.

More Definitions of Market Test

Market Test will mean a reasonably reliable market test conducted by KCI, or for KCI pursuant to KCI procedures, prior to Commercial Launch.

Market Test means a procedure conducted by the Transporter, in accordance with Section 6.9, to assess whether there is interest among market participants for Capacity Products that would require the Transporter to provide Expansion Capacity.

Market Test means the process defined in Article 36.6 of the Gas Directive consisting of a first EoI Phase that took place in 2012 and a second binding Booking Phase, as referred to in sec- tion 4.1.5 of the FJO;

Market Test means a procedure by the Transporter referred to in the Article 11 of this Network Code to assess whether there is interest among market participants for Capacity Products that would require the Transporter to provide Expansion Capacity;

Market Test means the process followed pursuant to the present Guidelines for the capacity allocation at the Greek Side of the Interconnection Point “Evzoni/Gevgelija”.

Market Test means that someone willingly pays to install the COTS component, not that every instruc- tion is used or proves valuable.

Market Test means a binding process initiated by DESFA for the allocation of capacity in the NNGS. Following the end of this Call of Interest and the subsequent assessment of the non-binding requests, the Market Test will be initiated by DESFA, at its sole discretion and subject to Authority’s approval.