Matching Process definition

Matching Process means the process of comparing and aligning Processed Quantities of Natural Gas for Network Users at both sides of a specific Interconnection Point and other relevant Connection Points, which results in Confirmed Quantities for the Network Users.
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Matching Process means the process of comparing nominations and renominations submitted by SHIPPERS at both sides of the VIP Brandov-GASPOOL, which results in Matched Daily Quantity for the respective Shipper Code Pairs.
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Matching Process is the process of comparing and aligning the Processed Quantities of Gas for Shippers at both sides of the Entry Point, which results in Confirmed Quantities for the Shippers in accordance with Article 3.
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Examples of Matching Process in a sentence

  • If in any nomination or re-nomination cycle either Party is unable to meet any of the deadline for the exchange of information relating to the Matching Process described above, it will inform the other Party before the deadline, and will send the relevant data as soon as it is able to.

  • The Parties agree that all quantities exchanged for the purposes of the Matching Process will be in kWh/day only.

  • If during a re-nomination cycle the Matching Operator determines it has not received the Processed Quantities on time and, notwithstanding using its reasonable endeavours, it would be unable to meet the deadline for the communication of the Confirmed Quantities to the Initiating Operator, then it will perform the Matching Process using the most recently received valid information on the Processed Quantities from the Initiating Operator, for the Gas Day concerned.

  • After the end of each re-nomination cycle within the re-nomination period, the Parties will process the latest renominations received during that renomination cycle, in accordance with the Matching Process.

  • After the end of each re-nomination cycle within the re-nomination period, the Parties will process the latest re-nominations received until the end of the re-nomination cycle, in accordance with the Matching Process.

  • If during a re-nomination cycle the Matching TSO determines it has not received the Processed Quantities on time and, notwithstanding using its reasonable endeavours, it would be unable to meet the deadline for the communication of the Confirmed Quantities to the Initiating TSO, then it will perform the Matching Process using the most recently received valid information on the Processed Quantities from the Initiating TSO, for the Gas Day concerned.

  • For the purpose of defining the roles for the Matching Process, the Parties agree that DESFA shall be the Initiating TSO and ICGB shall be the Matching TSO.

  • Single sided nominations according to the EASEE-gas Common Business Practice 2014- 001/01 “Harmonisation of the Nomination and Matching Process for Double-Sided and Single-Sided Nominations”, as may be amended from time to time, is implemented in the matching process between GASCADE and GTS.

  • If, for a given nomination cycle, the Initiating TSO does not provide any Processed Quantities or provides the Processed Quantities after the time required under Article 5.2, then for the purpose of performing the Matching Process the Processed Quantities from the Initiating TSO will be deemed to be zero for each DESFA Shipper.

  • The Shippers shall be informed by their respective TSO of the result of the Matching Process.


More Definitions of Matching Process

Matching Process means the procedure of verification of all data from User` Nominations, carried out by the Transporter and AFO at Interconnection Points for determining Confirmed Quantities;
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Matching Process means the matching and confirmation processes to be carried out between the Transporter and an AFO in which the Confirmed Quantities of each User at that Interconnection Point are calculated from the Nominated Quantities of that User and the quantities nominated to the AFO;
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Matching Process means the process of comparing and aligning Processed I nterconnection Point and other relevant Connection Point, which results in Confirmed Quantities for the Network Users.
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Matching Process means the process of comparing and aligning Processed Quantities of gas for Shippers at both sides of the IP Faxe, which results in Confirmed Quantities for the Shippers.
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Matching Process is the process of comparing and aligning the Processed Quantities of Gas for
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Matching Process means the process of comparing and aligning Processed Q uantities of Natural Gas for Network Users at both sides of a specific
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Related to Matching Process

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Appropriate List Matching Data means (A) account registration and alternate payee data, to the extent made appropriate by statutes, rules or regulations governing the U.S. Government Lists, (ii) data determined by BNYM in light of statutes, rules or regulations governing the U.S. Government Lists to be necessary to provide the services described in this Section 3(b)(5), and (iii) data the parties agree in writing to be necessary to provide the services described in this Section 3(b)(5).

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Elective Deferral, under a plan maintained by the Employer.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.