Balancing Code definition

Balancing Code means the document containing the operational balancing rules as approved or validated by ▇▇▇▇ for L-zone and by ILR and ▇▇▇▇ for H-zone and published by the Balancing Operator on its website.
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Balancing Code means Commission Regulation (EU) No 312/2014 of 26 March 2014 establishing a Network Code on Gas Balancing of Transmission Networks;
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Balancing Code means the document containing the operational balancing rules as approved by the Competent Regulator(s) and published by the Balancing Operator on its website.
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Examples of Balancing Code in a sentence

  • The Parties shall at all times provide each other all such information as may be necessary or useful to enable each Party to exercise its rights and to carry out its obligations under this Agreement and in accordance with the Balancing Code.

  • Balancing Operator will notify the TSOs of the BeLux Area of the signing, of any non-compliance by the Network User with the obligations assumed in this Agreement (including the Balancing Code), the rescission, the termination, the annulment, any Force Majeure event, or the resumption of performance of the Agreement as well as any event or circumstance it deems relevant in this respect.

  • The Agreement, the Balancing Code and the Balancing Program may be changed from time to time.

  • The Agreement, the Balancing Code and the Balancing Programme may be changed from time to time.

  • The Network User acknowledges that regulations regarding Balancing (including applicable legal provisions and the Balancing Code) are evolving.

  • The Grid UserNetwork User acknowledges that regulations regarding Balancing (including applicable legal provisions and the Balancing Code) are evolving.

  • The Grid User acknowledges that regulations regarding Balancing (including applicable legal provisions and the Balancing Code) are evolving.

  • As described in Balancing Code, Excess and Shortfall Monthly Balancing Settlement Fee are calculated based on provisional data.

  • Subject to the terms and conditions of this Agreement and of the Balancing Code, Balancing Operator shall provide Grid User with a Balancing Monthly Fee and a Balancing Monthly Self-billing Fee for the Balancing Services.

  • Balancing Operator will notify the TSOs of the BeLux Area of the signing, of the non-compliance with the Agreement (including the Balancing Code) and notably with Article 7 or Article 4 of the General Conditions related to balancing system abuse and to creation of excessive imbalances, the rescission, the termination, the annulment, any Force Majeure event, or the resumption of performance of the Agreement as well as any event or circumstance it deems relevant in this respect.


More Definitions of Balancing Code

Balancing Code means Commission Regulation (EU No. 312/2014 of 26 March 2014) establishing a network code on gas balancing of transmission networks; “Business Day” means a day (other than a Saturday or Sunday) on which banks are open for business in Dublin;
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Related to Balancing Code

  • IMDG Code means the International Maritime Dangerous Goods Code, for the implementation of Chapter VII, Part A, of the International Convention for the Safety of Life at Sea, 1974 (SOLAS Convention), published by the International Maritime Organization (IMO), London;

  • Metering Code means the metering code prepared by the Board and approved by the Commission, as from time to time revised, amended, supplemented or replaced with the approval of, or at the instance, of the Commission;

  • Gas Balancing Agreement means any agreement or arrangement whereby any Credit Party, or any other party having an interest in any Hydrocarbons to be produced from Mineral Interests in which any Credit Party owns an interest, has a right to take more than its proportionate share of production therefrom.

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power:

  • Disabling Code means any virus, back door, timer or other limiting routine, instruction or design, or other malicious, illicit or similar unrequested code that may have the consequence (whether by design or unintentionally) of disrupting, disabling, harming, circumventing security controls or otherwise impeding in any manner the normal operation or performance of (i) any software or service or (ii) any UNICEF information system or network.