Common use of Identification of Shortfall in existing Capacity Clause in Contracts

Identification of Shortfall in existing Capacity. (a) If, at any time during a Month, ARTC identifies that there is likely to be a shortfall in Capacity to meet all remaining unconditional Capacity entitlements held by all access holders in that Month, after taking into account likely usage of access holders with an allocation period of a Quarter, and the shortfall arises other than as a result of planned maintenance provided for in clause 3.2, (“Capacity Shortfall”) then ARTC will:

Appears in 31 contracts

Samples: Holder Agreement, Access Holder Agreement, Access Holder Agreement

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