Common use of ADJUSTMENTS OF DAILY METERED QUANTITY Clause in Contracts

ADJUSTMENTS OF DAILY METERED QUANTITY. 8.1 The Daily Metered Quantity in respect of a Gas Day or Gas Days may be revised pursuant to the arrangements in Annex C (Measurement Provisions). 8.2 In the event that a revision is made to the Daily Metered Quantity for Gas Day D: (i) on any Gas Day up to and including Gas Day D+5, the amount by which the Daily Metered Quantity for Gas Day D is revised shall be taken into account in calculating the Cumulative Steering Difference for Gas Day D+1 (and for subsequent Gas Days as appropriate); or (ii) on any Gas Day after Gas Day D+5, in respect of a physical flow out of the National Grid Gas System at the Interconnection Point, the amount by which the Daily Metered Quantity for Gas Day D is revised shall be subject to Individual CSEP Reconciliation in accordance with Section E of the Transportation Principle Document to the Uniform Network Code; or (iii) on any Gas Day after Gas Day D+5, in respect of gas flow into the National Grid Gas System at the Interconnection Point: no adjustment shall be taken into account in calculating the Cumulative Steering Difference for Gas Day D+1 (and for subsequent Gas Days, as appropriate); and there shall be no Individual CSEP Reconciliation in accordance with Section E of the Transportation Principle Document to the Uniform Network Code.

Appears in 3 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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ADJUSTMENTS OF DAILY METERED QUANTITY. 8.1 The Daily Metered Quantity in respect of a Gas Day or Gas Days may be revised pursuant to the arrangements in Annex C (Measurement Provisions). 8.2 In the event that a revision is made to the Daily Metered Quantity for Gas Day D: (i) (a) on any Gas Day up to and including Gas Day D+5, the amount by which the Daily Metered Quantity for Gas Day D is revised shall be taken into account in calculating the Cumulative Steering Difference for Gas Day D+1 (and for subsequent Gas Days as appropriate); or (ii) (b) on any Gas Day after Gas Day D+5, in respect of a physical flow out of the National Grid Gas System at the Interconnection Point, the amount by which the Daily Metered Quantity for Gas Day D is revised shall be subject to Individual CSEP Reconciliation in accordance with Section E of the Transportation Principle Document to the Uniform Network Code; or (iii) (c) on any Gas Day after Gas Day D+5, in respect of gas flow into the National Grid Gas System at the Interconnection Point: no adjustment shall be taken into account in calculating the Cumulative Steering Difference for Gas Day D+1 (and for subsequent Gas Days, as appropriate); and there shall be no Individual CSEP Reconciliation in accordance with Section E of the Transportation Principle Document to the Uniform Network Code.

Appears in 1 contract

Samples: Interconnection Agreement

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