Common use of EXCHANGE OF CAPACITY Clause in Contracts

EXCHANGE OF CAPACITY. Clause 5 Principles Under the terms of the Contract, the Shipper can exchange capacity with other shipper(s) operating on GRTgaz’s Network. Such exchanges take the form of either a transfer of right-of-use or the full transfer of the capacity concerned as described in Clause 5 of the present document. The Shipper can exchange Daily Capacity with other shipper(s) operating on GRTgaz’s Network by transferring the associated right-of-use in the form of a transfer of right-of-use. The Shipper may also exchange Daily Capacity by transferring any and all rights and obligations in the form of a full transfer of the capacity concerned. The procedures for the transfer of right-of-use are specified in the “Transfer of Capacity right-of-use “ clause in Section B for the Upstream Network, and in the “Transfer of right-of-use of capacities for Consumer Delivery Points” in Section C for the Downstream Network. The procedures for the full assignment of capacity are described in the clause entitled “Full transfer of Capacity subscribed annually and monthly “of Section B for the Upstream Network.

Appears in 4 contracts

Samples: www.grtgaz.com, www.grtgaz.com, www.grtgaz.com

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EXCHANGE OF CAPACITY. Clause 5 Principles Principles‌‌ Under the terms of the Contract, the Shipper can exchange capacity with other shipper(s) operating on GRTgaz’s Network. Such exchanges take the form of either a transfer of right-of-use or the full transfer of the capacity concerned as described in Clause 5 of the present document. The Shipper can exchange Daily Capacity with other shipper(s) operating on GRTgaz’s Network by transferring the associated right-of-use in the form of a transfer of right-of-use. The Shipper may also exchange Daily Capacity by transferring any and all rights and obligations in the form of a full transfer of the capacity concerned. The procedures for the transfer of right-of-use are specified in the “Transfer of Capacity right-of-use “ clause in Section B for the Upstream Network, and in the “Transfer of right-of-use of capacities for Consumer Delivery Points” in Section C for the Downstream Network. The procedures for the full assignment of capacity are described in the clause entitled “Full Title transfer of Capacity subscribed annually and monthly for annual capacity “of Section B for the Upstream Network.

Appears in 3 contracts

Samples: www.grtgaz.com, www.grtgaz.com, www.grtgaz.com

EXCHANGE OF CAPACITY. Clause 5 Principles Principles‌ Under the terms of the Contract, the Shipper can exchange capacity with other shipper(s) operating on GRTgaz’s Network. Such exchanges take the form of either a transfer of right-of-use or the full transfer of the capacity concerned as described in Clause 5 of the present document. The Shipper can exchange Daily Capacity with other shipper(s) operating on GRTgaz’s Network by transferring the associated right-of-use in the form of a transfer of right-of-use. The Shipper may also exchange Daily Capacity by transferring any and all rights and obligations in the form of a full transfer of the capacity concerned. The procedures for the transfer of right-of-use are specified in the “Transfer of Capacity right-of-use “ clause in Section B for the Upstream Network, and in the “Transfer of right-of-use of capacities for Consumer Delivery Points” in Section C for the Downstream Network. The procedures for the full assignment of capacity are described in the clause entitled “Full Title transfer of Capacity subscribed annually and monthly for annual capacity “of Section B for the Upstream Network.

Appears in 1 contract

Samples: www.grtgaz.com

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EXCHANGE OF CAPACITY. Clause 5 Principles Under the terms of the Contract, the Shipper can exchange capacity with other shipper(s) operating on GRTgaz’s GRTgaz Network. Such exchanges take the form of incurs either a transfer of right-of-use or the full transfer assignment of the capacity concerned as described in Clause 5 of the present document. The Shipper can exchange Daily Capacity with other shipper(s) operating on GRTgaz’s Network by transferring the associated right-of-use in the form of a transfer of right-of-use. The Shipper may also exchange Daily Capacity by transferring an assignment of any and all rights and obligations in the form of a full transfer through an assignment of the capacity concerned. The procedures for the transfer of right-of-use are specified in the “Transfer of Capacity right-of-use “ clause in of Section B for the Upstream Network, and in the “Transfer of right-of-use of capacities for Consumer Delivery Points” in of Section C for the Downstream Network. The procedures for the full assignment of capacity are described in the clause entitled “Full Clause“Title transfer of Capacity subscribed annually and monthly for annual capacity “of Section B for the Upstream Network.

Appears in 1 contract

Samples: General Terms

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