Common use of COMMON PROVISIONS FOR CAPACITY RESERVATIONS Clause in Contracts

COMMON PROVISIONS FOR CAPACITY RESERVATIONS. The Appendix 2 of the Contract specifies the Validity Commencement Date and the Validity End Date for each Daily Capacity. GRTgaz undertakes to process a Shipper’s capacity reservation request within seven (7) Working Days following receipt of the request or within three (3) Working Days following the end of the Open Subscription Period (OSP) in the event of a request being submitted within this framework. It is reminded that capacity and service Reservation requests are binding on the Shipper. It is not possible to waive capacity and Auxiliary Services once allocated. Whenever a Shipper submits a request, together with one or more Affiliated Shippers, for a single product during an OSP, they must designate a shipper a “leader” who is identified among them as such and notify GRTgaz accordingly. In the event of a request exceeding the capacity available for that product, only the leader ’s request will be taken into account for the capacity allocation. It is then up to the Affiliated Shippers to share the allocated capacity to the leader by means of capacity exchanges among them. In the absence of designation of a “leader and in the event of a request exceeds the available capacity for that product, all the Affiliated Shippers’ requests are removed from the capacity allocation process.

Appears in 2 contracts

Samples: Transmission Contract, Transmission Contract

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COMMON PROVISIONS FOR CAPACITY RESERVATIONS. The Appendix 2 of to the Contract specifies the Validity Commencement Start Date and the Validity End Date for each Daily Capacity. GRTgaz undertakes to process a Shipper’s capacity reservation request on TRANS@ctions within seven (7) Working Days following receipt of the request or within three (3) Working Days following the end of the Open Subscription Period (OSP) in the event of a request being submitted within this framework. It is reminded to be noted that capacity and service Reservation requests are binding on the Shipper. It is Once allocated, Capacity cannot possible to waive capacity and Auxiliary Services once allocatedbe waived. Whenever a Shipper submits a request, request together with one or more Affiliated Shippers, Shippers for a single product during an OSP, they must designate a shipper to be a “leader” who is identified among them as such and notify GRTgaz accordingly. In the event of a request exceeding the capacity available for that product, only the leader leader’s request will be taken into account for the capacity allocation. It is then up to the Affiliated Shippers to share the allocated capacity Capacity Allocated to the leader by means of capacity exchanges among themexchanges. In the absence of designation of a “leader leader” and in the event of a request exceeds the available capacity for that product, all the Affiliated Shippers’ requests are removed from the capacity allocation process.

Appears in 2 contracts

Samples: Network Transmission Contract, Network Transmission Contract

COMMON PROVISIONS FOR CAPACITY RESERVATIONS. The Appendix 2 of to the Contract specifies the Validity Commencement Start Date and the Validity End Date for each Daily Capacity. GRTgaz undertakes to process a Shipper’s capacity reservation request within seven (7) Working Days following receipt of the request or within three (3) Working Days following the end of the Open Subscription Period (OSP) in the event of a request being submitted within this framework. It is reminded to be noted that capacity and service Reservation requests are binding on the Shipper. It is Once allocated, Capacity cannot possible to waive capacity and Auxiliary Services once allocated. be waived.‌ Whenever a Shipper submits a request, request together with one or more Affiliated Shippers, Shippers for a single product during an OSP, they must designate a shipper to be a “leader” who is identified among them as such and notify GRTgaz accordingly. In the event of a request exceeding the capacity available for that product, only the leader leader’s request will be taken into account for the capacity allocation. It is then up to the Affiliated Shippers to share the allocated capacity Capacity Allocated to the leader by means of capacity exchanges among themexchanges. In the absence of designation of a “leader leader” and in the event of a request exceeds the available capacity for that product, all the Affiliated Shippers’ requests are removed from the capacity allocation process.

Appears in 1 contract

Samples: Network Transmission Contract

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COMMON PROVISIONS FOR CAPACITY RESERVATIONS. The Appendix 2 of to the Contract specifies the Validity Commencement Start Date and the Validity End Date for each Daily Capacity. GRTgaz undertakes to process a Shipper’s capacity reservation request within seven (7) Working Days following receipt of the request or within three (3) Working Days following the end of the Open Subscription Period (OSP) in the event of a request being submitted within this framework. It is reminded to be noted that capacity and service Reservation requests are binding on the Shipper. It is Once allocated, Capacity cannot possible to waive capacity and Auxiliary Services once allocatedbe waived. Whenever a Shipper submits a request, request together with one or more Affiliated Shippers, Shippers for a single product during an OSP, they must designate a shipper to be a “leader” who is identified among them as such and notify GRTgaz accordingly. In the event of a request exceeding the capacity available for that product, only the leader leader’s request will be taken into account for the capacity allocation. It is then up to the Affiliated Shippers to share the allocated capacity Capacity Allocated to the leader by means of capacity exchanges among themexchanges. In the absence of designation of a “leader leader” and in the event of a request exceeds the available capacity for that product, all the Affiliated Shippers’ requests are removed from the capacity allocation process.

Appears in 1 contract

Samples: Network Transmission Contract

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