(Ceding Committed Transfer Capacity) Sample Clauses

(Ceding Committed Transfer Capacity). The ceding of committed transfer capacity should be granted to Cessionary User which respect to all the User’s access requirements provided in the Code and after the written consent given by the Operator. All the liabilities related to the ceded transfer capacity shall be transferred to the Cessionary User and the Ceding User shall not continue to be liable towards the Operator for the ceded transfer capacity.
Sample 1
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(Ceding Committed Transfer Capacity). Every Transfer User has the right to cede as a Ceding User all or part of the Committed Transfer Capacity which he has committed (Cession of Committed Transfer Capacity) to another Transfer User (Cessionary User) at a Point of Entry and Exit. The Ceding User must announce in writing the intended cession to the Operator and ask him to enter his proposal for cession in the Electronic Transactions System which is kept by the latter. In the period of time in which the Electronic Transactions System is not available, the Operator shall enter the proposal for cession in the Electronic Information System. The aforementioned proposal must state the Points of Exit and Entry, as well as the volume of the Committed Transfer Capacity that is up for cession at each of these points, as well as the price that Cessionary User requires for the cession. As regards the price required, the Operator shall set an upper ceiling which shall be approved by RAE and shall be published in the “Prices and Charges for Access to ESFA” Manual. The total amount of the Ceded Committed Transfer Capacity at the Points of Entry must be equal with the total amount of the Ceded Committed Transfer Capacity at the Points of Exit. The Operator shall enter into the Electronic Transactions System (or the Electronic Information System during the period of time in which the Electronic Transactions System is not available) every proposal for the cession of Committed Transfer Capacity which meets the requirements set out above. This entry shall be made in such a way as to ensure anonymity in respect of the Ceding User and confidential information in respect of the Cessionary User. The Transfer Users state their acceptance of the Cession offer through the Electronic Transactions System (or by sending a fax to the Operator during that period of time in which the Electronic Transactions System is not available). The Ceding User shall be kept informed of each such acceptance through the Electronic Transactions System (or via fax from the Operator during the period of time in which the Electronic Transactions System is not available). The Operator shall withdraw from the Electronic Transactions System (or the Electronic Information System during the period of time in which the Electronic Transactions System is not available) each proposal for Ceding Committed Transfer Capacity within one
Sample 1

Related to (Ceding Committed Transfer Capacity)

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