PJM Member definition

PJM Member means any entity satisfying the requirements of PJM to conduct business with PJM, including Market Participants, transmission owners, generating entities and Load Serving Entities.
PJM Member. A member in good standing of PJM that satisfies the requirements to conduct business with PJM. PJM OA – The PJM Operating Agreement or the successor, superseding or amended version of the PJM Operating Agreement that may take effect from time to time. PJM OATT – The PJM Open Access Transmission Tariff or the successor, superseding or amended version of the PJM Open Access Transmission Tariff that may take effect from time to time. PJM OI – The PJM Office of Interconnection, the system operator for the PJM Control Area. PJM RAA – The PJM Reliability Assurance Agreement or the successor, superseding or amended version of the PJM Reliability Assurance Agreement that may take effect from time to time. PMEA/FMEA Adjustment Amount – For any Billing Month, the monetary amount due to the DS Supplier or the Company, as the case may be, in order to reconcile any difference between the PMEA used for the purpose of calculating estimated payments made to DS Supplier for a given month and the FMEA used for calculating the final payments due to the DS Supplier for such month as more fully described in Article 9 hereof. Preliminary Monthly Energy Allocation or “PMEA” – A quantity of Energy which, for any Billing Month, is the preliminary calculation of the DS Supplier’s DS Supplier Responsibility Share for that Billing Month. Rate Schedule(s) – Shall mean the specified existing, and modified or successor customer rate schedule(s) in the electric service tariff of the Company filed with the Commission. Reliability First Corporation or “RFC” – The approved regional NERC entity with responsibility for the Commonwealth of Pennsylvania. Residential Class – Group of Rate Schedules that comprise the Residential Class for the DS Supply and itemized in Appendix C Seasonal Billing Factor – A numerical factor, as set forth in Appendix C hereto, one amount applicable during the summer months of June through September and one amount applicable during the non-summer months of October through May, applied to the DS Fixed Price in accordance with the provisions of Article 9 hereof and thereby used to adjust the Company’s payments to the DS Supplier. Rounding Amount - $100,000. Settlement Amount – With respect to a Non-Defaulting Party, the net amount of the Losses or Gains, and Costs, expressed in U.S. Dollars, which such Party incurs as a result of Early Termination, as set forth in Section 5.4(a) of this Agreement. For the purposes of calculating the Termination Payment, the Settlement...
PJM Member means any entity satisfying the requirements of PJM to conduct business with PJM, including transmission owners, generating entities, Load Serving Entities and marketers.

Examples of PJM Member in a sentence

  • Applicant is an entity desiring to become a PJM Member, or to take Transmission Service that has submitted the PJMSettlement Credit Application, PJMSettlement Credit Agreement and other required submittals as set forth in this policy.

  • PJMSettlement pays the applicable LMP to the PJM Member that nominates the load.

  • An entity that (i) has been selected through the DS Solicitation and has accepted the obligations and associated rights to provide DS Supply to the Company for DS Customers in accordance with the Applicable Legal Authorities, (ii) has entered into this Agreement with the Company as a Party, and (iii) is a PJM Member and registered with PJM as a LSE.

  • Should Company seek to become a Market Participant it must be a PJM Member, or apply to PJM to become a PJM Member under the terms of the Governing Documents, and nothing in this Reimbursement Agreement affects its rights or obligations as a Market Participant.

  • Any existing PJM Member or Special Member may participate in the Emergency Load Response Program and Pre-Emergency Load Response Program on behalf of non-members as the Curtailment Service Provider.

  • An entity that (i) has been selected through the DS Solicitation and has accepted the obligations and associated rights to provide DS Supply to the Company for retail customers in accordance with the Applicable Legal Authorities, (ii) has entered into this Agreement with the Company as a Party, and (iii) is a PJM Member and registered with PJM as a LSE.

  • PJM hereby disclaims any and all responsibility to any Participant or PJM Member associated with Participant’s submitting or failure to submit its annual certification or PJM’s review and verification of a Participant’s risk policies, procedures and controls.

  • All payments are made to the PJM Member or Special Member in such case.

  • PRINCIPAL (PJM Member): Signature: Name: Title: Company Name: Date Signed (MM/DD/YY): AGENT: Signature: Name: Title: Company Name: Date Signed (MM/DD/YY): PJM INTERCONNECTION, L.L.C.: Signature: Name: Title: PJM Interconnection, L.L.C. Date Signed (MM/DD/YY):  To be determined based on credit reviews conducted following receipt of Preliminary Bids on March 9, 2021.

  • Applicant Applicant is an entity desiring to become a PJM Member, or to take Transmission Service that has submitted the PJMSettlement Credit Application, PJMSettlement Credit Agreement and other required submittals as set forth in this policy.


More Definitions of PJM Member

PJM Member. A member in good standing of PJM that satisfies the requirements to conduct business with PJM. PJM OA – The PJM Operating Agreement or the successor, superseding or amended version of the PJM Operating Agreement that may take effect from time to time. PJM OATT – The PJM Open Access Transmission Tariff or the successor, superseding or amended version of the PJM Open Access Transmission Tariff that may take effect from time to time. PJM OI – The PJM Office of Interconnection, the system operator for the PJM Control Area.
PJM Member. A member in good standing of PJM that satisfies the requirements to conduct business with PJM. PJM OA – The PJM Operating Agreement or the successor, superseding or amended version of the PJM Operating Agreement that may take effect from time to time. PJM OATT – The PJM Open Access Transmission Tariff or the successor, superseding or amended version of the PJM Open Access Transmission Tariff that may take effect from time to time. PJM OI – The PJM Office of Interconnection, the system operator for the PJM Control Area or its successor. PJM RAA – The PJM Reliability Assurance Agreement or the successor, superseding or amended version of the PJM Reliability Assurance Agreement that may take effect from time to time.
PJM Member means a member of PJM Interconnection, L.L.C.
PJM Member means any entity satisfying the requirements of PJM to conduct business with PJM.
PJM Member. A member in good standing of PJM that satisfies the requirements to conduct business with PJM. PJM OA – The PJM Operating Agreement or the successor, superseding or amended version of the PJM Operating Agreement that may take effect from time to time. PJM OATT – The PJM Open Access Transmission Tariff or the successor, superseding or amended version of the PJM Open Access Transmission Tariff that may take effect from time to time. PJM OI – The PJM Office of Interconnection, the system operator for the PJM Control Area or its successor. PJM RAA – The PJM Reliability Assurance Agreement or the successor, superseding or amended version of the PJM Reliability Assurance Agreement that may take effect from time to time. PHEA/FHEA Adjustment Amount – For any Billing Month, the monetary amount due to the DS Supplier or the Company, as the case may be, in order to reconcile any difference between the PHEA used for the purpose of calculating estimated payments made to the DS Supplier for a given hour and the FHEA used for calculating the final payments due to the DS Supplier for such hour as more fully described in Article 9 hereof.

Related to PJM Member

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.

  • Unit Member refers to any employee who is included in the bargaining unit as defined in Article II.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Non-Managing Member means any Member other than the Managing Member (except to the extent the Managing Member holds Non-Managing Member Units).

  • Managing Member means CEF Equipment Holding, L.L.C., a Delaware limited liability company or any successor Managing Member under the Issuer Limited Liability Company Agreement.

  • Team Member means an individual who is allowed to access the Cloud Service but is only granted membership in groups associated with “Team Member” permissions for the Cloud Service.2

  • Panel Member ’ means a member of a panel;

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Industry member means a member of a national securities exchange or a member of a national securities association.

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Active member means a member of the pension program or the individual account program

  • Voting Member means a Member holding one or more Voting Shares.

  • New member means a person first employed on or after Septem- ber 1, 2005, including a former member who withdrew retirement contributions under Government Code 822.003 and is reemployed on or after September 1, 2005.