Oversubscription Capacity definition

Oversubscription Capacity means additional firm capacity made available for allocation as Daily Capacity as a result of the OS Scheme.
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Oversubscription Capacity or “OS Capacity” means in respect of a given time, an amount of additional capacity (in kWh/day) (not exceeding the Entry Point Additional Capacity) which is available for allocation on a firm basis or is allocated on a firm basis at an Entry Point, for a duration of one Day as a result of the availability of Entry Point Additional Capacity and as determined in accordance with the OS Scheme and the Network Code; “OS Charging Statement” has the meaning given in the OS Conditions; “OS Conditions” means Condition 2A.2.1.11 to Condition 2A.2.1.21; “OS Procedure” has the meaning given to it in the OS Conditions; “OS Scheme” has the meaning given to it in the OS Conditions; “OS Services” has the meaning given in the OS Conditions; “Postalised Charges” means the Forecast Postalised Charges and/or the Year-End Postalised Charges as the case may be; “Postalisation Conditions” means the Conditions in Part 2A and the OS Conditions; “Postalised System” or “PS” means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force at such time; “PoT Account” shall have the meaning ascribed to that term in Condition 2A.5.3.1(a); “Primary DPO” means the Designated Pipe-line Operator holding a licence to convey gas in respect of a part of the Postalised System on which the PS Gas Supplier is entitled to exit gas;
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Oversubscription Capacity means additional firm capacity made available for allocation as Daily Capacity as a result ofin accordance with the OS Scheme.
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Examples of Oversubscription Capacity in a sentence

  • T h e Age n c y Offici a l s h o u ld e n s ur e t h a t t h e sec t io n 106 p r oc- ess i s i n i t i a t ed e a r l y i n t h e pl a nn i n g s t a ges of t h e un de r t a k i n g, w h e n t h e wides t fe a s ible r a n ge of a l t e rn a t ives i s ope n fo r co n s ide r a t io n .

  • Oversubscription Capacity is IP Entry Capacity which is to be offered to Shippers as part of Allocable IP Entry Capacity in an Auction.

  • This means that Firm Technical Capacity has to be sold out before Oversubscription Capacity can be allocated.

  • Under Section 12, Moffat Non-IP Entry Capacity may be permanently withdrawn from the Stranraer Shipper under LTUIOLI rules and/or may be offered as Oversubscription Capacity at the Moffat Interconnection Point.

  • The allocation order in section 5.3 shall apply, such that any Non-IP Entry Point Capacity shall be allocated as Oversubscription Capacity.

  • Where this can take place, the Transporter shall notify the Stranraer Shipper and all Shippers that unused Non-IP Entry Capacity may be included as Oversubscription Capacity.

  • Where the Transporter intends to commence offering Oversubscription Capacity, it shall also notify Shippers whether the buyback process will be conducted using PRISMA or using the Delphi System.

  • For the purposes of this Code, “Additional IP Entry Capacity” comprises any of: (a) IP Entry Capacity made available from time to time as a result of Surrender Offers in accordance with Section 1A.17; (b) IP Entry Capacity made available from time to time as a result of the application of the LTUIOLI Procedures in accordance with Section 1A.18; and (c) Oversubscription Capacity made available from time to time as a result of the implementation of the OS Scheme and CMP Methodology Statement.

  • Where the Transporter has allocated any Oversubscription Capacity for a Day at an IP, it may inform Shippers that it has done so.

  • The OS Scheme is designed to incentivise the Transporter to make Oversubscription Capacity available and provide a means of sharing the excess of the revenues received as a result of the allocation of Oversubscription Capacity over the costs of buy-backs between Shippers and the Transporter.

Related to Oversubscription Capacity

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • Excess Capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;

  • Design capacity means the volume of a containment feature at a discharging facility that accommodates all permitted flows and meets all Aquifer Protection Permit conditions, including allowances for appropriate peaking and safety factors to ensure sustained, reliable operation.

  • RA Capacity means the maximum megawatt amount that the CAISO recognizes from a Project that qualifies for Buyer’s Resource Adequacy Requirements and is associated with the Project’s Capacity Attributes.

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition. For purposes of Section 23.4.5 of this Attachment H, “Offer Floor” for a Mitigated Capacity Zone Installed Capacity Supplier that is not a Special Case Resource shall mean the lesser of (i) a numerical value equal to 75% of the Mitigation Net CONE translated into a seasonally adjusted monthly UCAP value (“Mitigation Net CONE Offer Floor”), or (ii) the numerical value that is the first year value of the Unit Net CONE determined as specified in Section 23.4.5.7, translated into a seasonally adjusted monthly UCAP value using an appropriate class outage rate, (“Unit Net CONE Offer Floor”). The Offer Floor for a Mitigated Capacity Zone Installed Capacity Supplier that is a Special Case Resource shall mean a numerical value determined as specified in Section 23.4.5.7.5. The Offer Floor for Additional CRIS MW shall mean a numerical value determined as specified in Section 23.4.5.7.6. For the purposes of Section 23.4.5 of this Attachment H, “Non-Qualifying Entry Sponsors” shall mean a Transmission Owner, Public Power Entity, or any other entity with a Transmission District in the NYCA, or an agency or instrumentality of New York State or a political subdivision thereof.

  • Available Capacity means the capacity from the Project, expressed in whole megawatts, that is available to generate Product. [For As-Available Product facilities only]

  • Available RP Capacity Amount means the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 6.04(a)(ii)(D), (a)(vii) and (a)(x) minus the aggregate amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (a) make Investments pursuant to Section 6.06(q)(ii), (b) make Restricted Debt Payments pursuant to Section 6.04(b)(iv)(B) or (c) incur Indebtedness pursuant to Section 6.01(ll).

  • Minimum Subscription means the minimum subscription for Shares as specified in the relevant Supplement.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

  • Nominal Capacity means the volume indicated by the manufacturer that represents the maximum recommended filling level.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Idle capacity means the unused capacity of partially used facilities. It is the difference between: (a) that which a facility could achieve under 100 percent operating time on a one-shift basis less operating interruptions resulting from time lost for repairs, setups, unsatisfactory materials, and other normal delays; and (b) the extent to which the facility was actually used to meet demands during the accounting period. A multi-shift basis should be used if it can be shown that this amount of usage would normally be expected for the type of facility involved.

  • Unforced Capacity shall have the meaning specified in the Reliability Assurance Agreement.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Subscription Limit means any applicable limit on the Issuer’s ability to fund newly issued ETP Securities pursuant to the terms of the LS Operating Procedures Agreement or the LS Margin Account Agreement, as may be amended from time to time.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Nameplate capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • basic subscription privilege means a privilege to subscribe for the number or amount of securities set out in a rights certificate held by the holder of the rights certificate;

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Subscription Rights means the subscription rights to purchase Rights Offering Shares.

  • Maximum Offering Size has the meaning set forth in Section 2(d);

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.