SEMOpx Rules definition

SEMOpx Rules means the set of rules pursuant to which EirGrid plc and SONI Limited agree to perform tasks of a nominated electricity market operator in Ireland, and to which participants in the SEM are required to accede in order to trade in such markets as are operated by that nominated electricity market operator, which rules were established by EirGrid plc and SONI Limited and approved by the Regulatory Authority by letter published on 30 June 2017, and as same may be amended from time to time.
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SEMOpx Rules means the Exchange Rules approved by the Regulatory Authorities under the Market Operator Licences, as modified from time to time.
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SEMOpx Rules has the meaning given in clause 3.1(a).
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Examples of SEMOpx Rules in a sentence

  • If a Market Disruption Event has occurred and is continuing during any Calculation Period (each hereinafter an "Affected Calculation Period"), then the Floating Price for that Affected Calculation Period and each Affected Calculation Period following consecutively thereafter shall be determined in accordance with the SEMOpx Rules or Procedures (as applicable) (“Alternative Floating Price Source”).

  • An event of default (hereinafter an "Event of Default") shall mean with respect to a party or, if applicable, any Credit Support Provider of such party any of the following: (a) (Failure to Pay) the failure by the party to make, when due, any payment required under this Agreement if such failure is not remedied within three (3) Business * Pending further clarification on Fallback procedures under the SEMOpx Rules (cf Section F.3) or Procedures (cf.

Related to SEMOpx Rules

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

  • HIPAA Rules means the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • School Rules means the body of rules of the School as may be amended from time to time for legal, safety or other substantive reasons, or in order to assist the proper administration of the School. A copy of the then current version of the rules is provided to each child on entry and is sent to parents with the Acceptance Form. Parents will be notified of subsequent changes to the rules;

  • Market Rules means the rules, regulations, customs and practices from time to time of any exchange, clearing house or other organization or market involved in the conclusion, execution or settlement of a Contract any exercise by any such exchange, clearing house or other organization or market of any power or authority conferred on it.