Balancing Operator definition

Balancing Operator means the party performing the Balancing in the BeLux Area.
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Balancing Operator means the party in charge of the balancing activities within the BeLux Zone, namely Balansys.
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Balancing Operator means the person or persons appointed by MDL as the balancing operator of the Maui Pipeline from time to time.
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Examples of Balancing Operator in a sentence

  • For clarification, the Electronic Data Platforms of the TSO and the Balancing Operator will not exchange information.

  • After written notification by the Balancing Operator to the TSO that the Network User in the context of his Balancing Agreement with the Balancing Operator complies with all his obligations or, as applicable, has concluded a Balancing Agreement with the Balancing Operator, the aforementioned suspended Service(s) will be reactivated by the TSO within one (1) Business Day.

  • Upon written notification by the Balancing Operator to the TSO that the Network User has concluded a Balancing Agreement for this Suspended Service(s), the TSO will activate this suspended Service(s) within one (1) Business Day.

  • If, and only to the extent that, such disclosure is required for the proper performance of their operations or work in relation to this Agreement, such confidential information may be disclosed to employees, agents, contractors, consultants, the customers, sellers of the Natural Gas, Balancing Operator and other Network Users.

  • The TSO remains concurrently liable with the Balancing Operator and responsible for the good performance of the tasks delegated to Balancing Operator within the limits set forth in the Balancing Agreement.

  • The Balancing Operator shall treat the complaint within thirty (30) Business days after receipt of such notification.

  • The Belgian Gas Act and the Luxembourg Gas Act implementing the aforementioned directive enable the transmission system operators of both countries to appoint a jointly held entity as Balancing Operator of an integrated balancing zone.

  • If any provision or sub-provision of this Agreement is found to be invalid, illegal or unenforceable, the Balancing Operator will change the provision or sub-provision in question in application of Article 7 of the Agreement, to the extent required to make it valid, enforceable and legal.

  • By signing this Agreement, each of Balancing Operator and Network User acknowledge to be bound by and to have taken knowledge of all the definitions set out in attachment 2.

  • Whenever Network User becomes aware that any information provided to Balancing Operator is inaccurate or incomplete, it shall promptly inform the Balancing Operator thereof and provide corrected data.


More Definitions of Balancing Operator

Balancing Operator. (‘BO’) means any entity responsible for balancing or monitoring checks related to balancing and creditworthiness, depending on the national circumstances, such as TSOs, MAMs or any third entity (eg. Austria, UK). ACER and ENTSOG acknowledge that the same rules of the BAL NC that apply to TSOs, do apply to the entities in charge of balancing, according to Article 4(4) of the BAL NC.
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Balancing Operator means Balansys SA who is the provider of balancing services in the H-Zone, pursuant to the integration of the high-calorific transmission grids of Belgium and Luxembourg, or any successor entity;
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Balancing Operator means the person or persons appointed by MDL in accordance with section 11 as the balancing operator of the Maui Pipeline from time to time.
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Related to Balancing Operator

  • Meter Operator means a party appointed for the purposes of the BSC, to:

  • Gatherer As defined in the preamble of this Agreement.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • balancing means (in relation to the Network and any relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular, measures:

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.