Clearing Manager definition

Clearing Manager means the person acting as the clearing manager pursuant to NZEM or such other person from time to time to whom Metering Data is to be sent pursuant to NZEM;
View Source
Clearing Manager means Energy Clearing House Limited.
View Source
Clearing Manager means the service provider for the time being who is appointed as clearing manager pursuant to the regulations;
View Source

Examples of Clearing Manager in a sentence

  • The amount included for the infrastructure of the four market operations service provider agreements (WITS manager, Pricing Manager, Reconciliation Manager, and Clearing Manager) is $680,000.

  • The CFD Payment shall be payable on the earliest date on which payment for electricity purchased from the Clearing Manager would be due under the EGRs in respect of any Half Hour to which a statement relates.

  • In addition, Transpower may de-energise a Point of Connection if directed to do so by the Board or the Rulings Panel under the Electricity Governance Regulations or the Electricity Governance Rules or by the Clearing Manager or any other person authorised to do so by the Electricity Governance Rules or the Electricity Governance Regulations and Transpower will use reasonable endeavours to notify the Customer in advance of such de-energisation if it has received sufficient notice of the direction.

  • Capacity Measurement Period refers to the twelve month period 1 September – 31 August in which demand is measured to set the transmission pricing commencing 1 April the following year Customer the person who owns or operates DG and wishes to connect the DG to the Network Clearing Manager The service provider responsible for monitoring prudential security requirements and invoicing and settling electricity and ancillary service payments.

  • On receipt of the signed notice, Party A shall send the notice to the Clearing Manager on behalf of the parties, copying Party B.

  • Clearing Manager The person in the Company's organisation who is responsible for clearing activities.

  • If the Transaction is, or will be, terminated before 23.59 hours on 31 December 2044 by notice in accordance with the Core Agreement, Party A and Party B must give notice to the Clearing Manager cancelling the HSA with effect from the same date that the Transaction terminates (but, if that is not possible, as soon as practicable after the date that the Transaction terminates) together with a notice of termination of the Transaction to the Clearing Manager.

  • In relation to certain events on 20 August 2010, the market participants listed as Parties to this Agreement (other than the Clearing Manager) notified the Electricity Authority (the “Authority”, and formerly the Electricity Commission) of potential breaches of part H of the Electricity Governance Rules 2003 (“Rules”) by the Clearing Manager.

  • The Clearing Manager admits the Alleged Breaches of rules 8.3, 8.4 and 8.6 of Part H as described at clauses 3.3, 3.4 and 3.5 of this Agreement.

  • From time to time, Transpower receives losses and constraint excess payments from the Clearing Manager and the Load Following Generator under the Electricity Governance Rules.


More Definitions of Clearing Manager

Clearing Manager has the meaning under the EGRs. "Claims" has the meaning in clause 11.1.
View Source

Related to Clearing Manager

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

  • Clearing Agent means Clearstream Banking AG, Euroclear Bank S.A., and Clearstream Banking S.A. and such further or alternative clearing agent(s) or clearance system(s) as may be approved by the Issuer from time to time and notified to the Holders in accordance with General Condition 4 (each a “Clearing Agent” and together the “Clearing Agents”);

  • Clearing Corporation The meaning specified in Section 8-102(a)(5) of the UCC.

  • Foreign Custody Manager has the meaning set forth in section (a)(3) of Rule 17f-5.

  • Foreign Clearing Agency means Clearstream and the Euroclear Operator.