TPAL Party definition

TPAL Party means a Shipper that is a party to a TPAL Agreement.
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Examples of TPAL Party in a sentence

  • In the event that a TPAL Party fails to conduct the required transactions regarding any curtailment of Park or Loan or recall of a TPAL Balance in accordance with Article3.1 hereof, the Transporter will effect such transaction by transferring such positive or negative quantities of energy to TPAL Party's Alliance Trading Pool account and the TPAL Party shall be required to manage any resulting Alliance Trading Pool Imbalance in accordance with Article 18 of the General Terms and Conditions.

  • Transporter shall provide a TPAL Party with Notice regarding any such curtailment of Parks or Loans or recall of a TPAL Balance hereunder.

  • In the event that a TPAL Party fails to conduct the required transactions regarding any curtailment of Park or Loan or recall of a TPAL Balance in accordance with Article 3.1 hereof, the Transporter will effect such transaction by transferring such positive or negative quantities of energy to TPAL Party's Alliance Trading Pool account and the TPAL Party shall be required to manage any resulting Alliance Trading Pool Imbalance in accordance with Article 18 of the General Terms and Conditions.

  • A TPAL Party involved in a Loan shall repay the specified quantity of energy from its Alliance Trading Pool account into its TPAL Balance.

  • A TPAL Party involved in a Park shall repay the specified quantity of energy from its TPAL Balance into its Alliance Trading Pool account.

  • The TPAL Party is responsible for arranging such transactions in accordance with the Tariff.

  • If a TPAL Party nominates for Park or Loan in excess of its Total TPAL Quantity, such Park or Loan will only be confirmed up to the Total TPAL Quantity and the TPAL Party will be required to enter into a new TPAL Agreement in respect of any additional quantities for Park or Loan.

  • In all cases, TPAL Party shall be required to manage any resulting Alliance Trading Pool Imbalance in accordance with Article 18 of the General Terms and Conditions.

  • If a TPAL Party wishes to repay its TPAL Balance at any time during the term of the TPAL Agreement, it must nominate the repayment quantities of energy in accordance with Article 12 of the General Terms and Conditions and, upon confirmation by Transporter, conduct the appropriate transactions in the Alliance Trading Pool to do so.

Related to TPAL Party

  • Principal Party means:

  • Investor Party has the meaning set forth in Section 4.7.

  • Acquired Party means the Company, any Subsidiary of the Company and any member of a Relevant Group.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Support Person means a person, who accompanies an Accused Student, a Reporting Party or a victim to a hearing for the limited purpose of providing support and guidance. A support person may not directly address the Hearing Body, question witnesses, or otherwise actively participate in the hearing process.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Acquired Person means, with respect to any specified Person, any other Person which merges with or into or becomes a Subsidiary of such specified Person.

  • Screened Affiliate means any Affiliate of a Holder (i) that makes investment decisions independently from such Holder and any other Affiliate of such Holder that is not a Screened Affiliate, (ii) that has in place customary information screens between it and such Holder and any other Affiliate of such Holder that is not a Screened Affiliate and such screens prohibit the sharing of information with respect to the Company or its Subsidiaries, (iii) whose investment policies are not directed by such Holder or any other Affiliate of such Holder that is acting in concert with such Holder in connection with its investment in the Notes, and (iv) whose investment decisions are not influenced by the investment decisions of such Holder or any other Affiliate of such Holder that is acting in concert with such Holders in connection with its investment in the Notes.

  • Required Party has the meaning set forth in Section 4.03 of this Agreement.

  • Permitted Holder means (a) Xxxxxxx X. Xxxxxxx, (b) any of his immediate family members or his or their respective heirs by operation of law, will or intestacy or (c) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding a 50.1% or more controlling interest of which consist of Xxxxxxx X. Xxxxxxx and/or his immediate family members.

  • Valid Third Party Entity In respect of any transaction, any third party that the Calculation Agent determines has a bona fide intent to enter into or consummate such transaction (it being understood and agreed that in determining whether such third party has such a bona fide intent, the Calculation Agent shall take into consideration the effect of the relevant announcement by such third party on the Shares and/or options relating to the Shares and, if such effect is material, may deem such third party to have a bona fide intent). Nationalization, Insolvency or Delisting: Cancellation and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of the Equity Definitions, it will also constitute a Delisting if the Exchange is located in the United States and the Shares are not immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or their respective successors), such exchange or quotation system shall thereafter be deemed to be the Exchange. Additional Disruption Events: Change in Law: Applicable; provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by (i) replacing the phrase “the interpretation” in the third line thereof with the phrase “, or public announcement of, the formal or informal interpretation,” (ii) replacing the word “Shares” with the phrase “Hedge Positions” in clause (X) thereof and (iii) inserting the parenthetical “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption, effectiveness or promulgation of new regulations authorized or mandated by existing statute)” at the end of clause (A) thereof. Failure to Deliver: Applicable Hedging Disruption: Applicable; provided that:

  • Excluded Holder means (a) any Person who at the time this Plan was adopted was the beneficial owner of 20% or more of the outstanding Common Stock; or (b) the Company, a Subsidiary or any Employee Benefit Plan of the Company or a Subsidiary or any trust holding Common Stock or other securities pursuant to the terms of an Employee Benefit Plan.

  • Note Party means the Issuer and each Guarantor.

  • Principal Participant means any of the following entities:

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer:

  • Investment Person means all Portfolio Managers of Loomis Sayles and other Advisory Persons who assist the Portfolio Managers in making and implementing investment decisions for an Investment Company or other client of Loomis Sayles, including, but not limited to, designated Research Analysts and traders of Loomis Sayles. A person is considered an Investment Person only as to those client accounts or types of client accounts as to which he or she is designated by Personal Trading Compliance or the Chief Compliance Officer as such. As to other accounts, he or she is simply an Access Person.

  • Controlled Affiliate means any corporation, limited liability company, partnership, joint venture, trust or other entity or enterprise, whether or not for profit, that is directly or indirectly controlled by the Company. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity or enterprise, whether through the ownership of voting securities, through other voting rights, by contract or otherwise; provided that direct or indirect beneficial ownership of capital stock or other interests in an entity or enterprise entitling the holder to cast 15% or more of the total number of votes generally entitled to be cast in the election of directors (or persons performing comparable functions) of such entity or enterprise shall be deemed to constitute control for purposes of this definition.

  • Missing Person means a Covered Person who disappeared for an unknown reason and whose disappearance was reported to the Appropriate Authority(ies).