Glossary of Terms

T

Termination

means the termination of a person’s status as a Party in accordance with Section Q.19, and Terminate and Terminated Party shall be construed accordingly

Termination Notice

means a Notice in the form set out in Annex Q-4 of the Market Rules and issued by the Market Operator to a Party in accordance with Sections Q.16.4.1 and Q.19 of the Market Rules stating that the Party will be Terminated

Tolerance for Over Delivery

means a tolerance applied to over delivery in the treatment of Uninstructed Imbalance

Tolerance for Under Delivery

means a tolerance applied to under delivery in the treatment of Uninstructed Imbalance

Trading Day

has the meaning given in Section I.5.1.1 of the Market Rules

Trading Period

has the meaning given in Section I.5.3.1 of the Market Rules

Transmission

means the transport of electricity by means of a Transmission System

Transmission Company

means the Oman Electricity Transmission Company SAOC established pursuant to Article (66) of the Sector Law

Transmission Licence

means a Licence to engage in the Transmission of electricity

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