code of operations part d nominations, allocations and ... - Gaslink

(t)(u)(v)(w)"Valid IBP Nomination" or "Valid IBP Renomination" means an IBPNomination or an IBP Renomination, as the case may be, that has beenaccepted by the Transporter and has been matched by an equal andopposite IBP Nomination or IBP Renomination and, where the contextso requires, "Valid IBP Sell Nomination", "Valid IBP BuyNomination", "Valid IBP Sell Renomination" and "Valid IBP BuyRenomination" shall be construed accordingly; and"Implied Nomination Flow Rate" or "INFR" means the rate (in kWh)at which a Nominated Quantity or Renominated Quantity is deemed tobe delivered to or offtaken from the Transportation System on a Day asdetermined in accordance with Section 1.4;“CSEP Exit Nomination” means a notification by a Shipper which is aRegistered Shipper at a Connected System Exit Point of its intention toofftake a Nominated Quantity from the Transportation System at aConnected System Exit Point and shall include an Interruptible CSEPExit Nomination;“CSEP Exit Renomination” means a Renomination with respect to aValid CSEP Exit Nomination or a Valid CSEP Exit Renomination at theCSEP;(x) “Valid CSEP Exit Nomination” and “Valid CSEP ExitRenomination” shall have the meaning in Section 1.2.3(c) or Section1.2.5(i) (as appropriate);(y)(z)(aa)(bb)(cc)(dd)(ee)“Interruptible CSEP Exit Nomination” means a CSEP ExitNomination which is Interruptible pursuant to this Code;“Available I/C Inventory Space” means in respect of a Day the amountby which the Shipper’s I/C Inventory Space exceeds the Shipper’sProjected VIP Utilisation in respect of that Day;“I/C Inventory Space”`is an amount of capacity reserved by a Shipperat the VIP in accordance with the Code and Shipper’s I/C InventoryAgreement;“Virtual Inventory Point” or “VIP” means the notional point on theTransmission System at which VIP Injection Nominations, VIPWithdrawal Nominations, VIP Injection Renominations and VIPWithdrawal Renominations are transacted;“VIP Injection Nomination” means a notification by a VIP Shipper tothe Transporter of its intention to inject a Nominated Quantity at the VIPon a Day pursuant to such Shipper’s relevant I/C Inventory Agreement;“VIP Injection Renomination” means a revision of a NominatedQuantity in an earlier Valid VIP Injection Nomination or Valid VIPInjection Renomination;“VIP Withdrawal Nomination” means a notification by a VIP Shipperto the Transporter of its intention to withdraw a Nominated Quantity atCode of Operations Version 3.03Part D