Common use of Matching process Clause in Contracts

Matching process. 5.3.1 IUK, as Matching TSO, shall match Nominations and Renominations by: (a) determining whether NTS Nominations (or NTS Renominations) and IUK Nominations (or IUK Renominations) are corresponding in accordance with paragraph 5.3.2; (b) for corresponding NTS Nominations (or NTS Renominations) and IUK Nominations (or IUK Renominations), determining the quantities for which they are matched in accordance with paragraph 5.3.3 and then determining the Confirmed Nomination Quantity by processing the matched quantity in accordance with paragraph 5.3.4; and (c) communicating the Daily CNQ to National Grid Gas in accordance with paragraph 5.3.5. 5.3.2 A NTS Nomination (or NTS Renomination) and an IUK Nomination (or IUK Renomination) shall be determined as corresponding by IUK if: (a) they relate to the same Gas Day; (b) the ID Code of the Counterparty in a NTS Nomination (or NTS Renomination) matches the ID Code of the IUK Shipper that submits (or is deemed to have submitted pursuant to a Single-Sided Nomination or Single-Sided Renomination) the corresponding IUK Nomination (or IUK Renomination); and (c) the ID Code of the Counterparty in an IUK Nomination (or IUK Renomination) matches the ID Code of the National Grid Gas Shipper that submits the corresponding NTS Nomination (or NTS Renomination). 5.3.3 The quantity for which a corresponding NTS Nomination (or NTS Renomination) and IUK Nomination (or IUK Renomination) are matched, for each hour, is: (a) if the Effective Hourly Quantity under the NTS Nomination (or NTS Renomination) is equal to the Hourly Quantity under the corresponding IUK Nomination (or IUK Renomination), the Hourly Quantity; (b) if the Effective Hourly Quantity under the NTS Nomination (or NTS Renomination) is not equal to the Hourly Quantity under the corresponding IUK Nomination (or IUK Renomination), the Hourly Quantity, except: (i) where an Operator has notified the other Operator of the occurrence of an Exceptional Event (and until the cessation of an Exceptional Event at the time stated in a Resumption Notice), in which case the matched quantity shall be determined from the lesser of the Effective Hourly Quantity and the Hourly Quantity; or (ii) in the case of National Grid Gas, the occurrence of an emergency under its Transportation Arrangements (and until the cessation of an emergency at the time notified by National Grid Gas to IUK), in which case the matched quantity shall be determined from the lesser of the Effective Hourly Quantity and the Hourly Quantity. 5.3.4 IUK shall determine the Confirmed Nomination Quantity by processing (in accordance with the IUK Transportation Arrangements) the quantity for which the corresponding Nominations (or Renominations) are matched under paragraph 5.3.3. 5.3.5 IUK shall communicate to National Grid Gas, in accordance with the Matching Timetable: (a) the Processed IUK Nomination Quantity for each IUK Nomination and IUK Renomination; and (b) the Daily CNQ. 5.3.6 A Nomination (or Renomination) shall not be matched and Confirmed Nomination Quantities shall not be determined by IUK where IUK has not received the corresponding Counterparty information in relation to a Nomination (or Renomination).

Matching process. 5.3.1 IUK, as Matching TSO, shall match Nominations and Renominations by: (a) determining whether NTS Nominations (or NTS Renominations) and IUK Nominations (or IUK Renominations) are corresponding in accordance with paragraph 5.3.2; (b) for corresponding NTS Nominations (or NTS Renominations) and IUK Nominations (or IUK Renominations), determining the quantities for which they are matched in accordance with paragraph 5.3.3 and then determining the Confirmed Nomination Quantity by processing the matched quantity in accordance with paragraph 5.3.4; and (c) communicating the Daily CNQ to National Grid Gas in accordance with paragraph 5.3.5. 5.3.2 A NTS Nomination (or NTS Renomination) and an IUK Nomination (or IUK Renomination) shall be determined as corresponding by IUK if: (a) they relate to the same Gas Day; (b) the ID Code of the Counterparty in a NTS Nomination (or NTS Renomination) matches the ID Code of the IUK Shipper that submits (or is deemed to have submitted pursuant to a Single-Sided Nomination or Single-Sided Renomination) the corresponding IUK Nomination (or IUK Renomination); and (c) the ID Code of the Counterparty in an IUK Nomination (or IUK Renomination) matches the ID Code of the National Grid Gas Shipper that submits the corresponding NTS Nomination (or NTS Renomination). 5.3.3 The quantity for which a corresponding NTS Nomination (or NTS Renomination) and IUK Nomination (or IUK Renomination) are matched, for each hour, is: (a) if the Effective Hourly Quantity under the NTS Nomination (or NTS Renomination) is equal to the Hourly Quantity under the corresponding IUK Nomination (or IUK Renomination), the Hourly Quantity; (b) if the Effective Hourly Quantity under the NTS Nomination (or NTS Renomination) is not equal to the Hourly Quantity under the corresponding IUK Nomination (or IUK Renomination), the Hourly Quantity, except: (i) where an Operator has notified the other Operator of the occurrence of an Exceptional Event (and until the cessation of an Exceptional Event at the time stated in a Resumption Notice), in which case the matched quantity shall be determined from the lesser of the Effective Hourly Quantity and the Hourly Quantity; or (ii) in the case of National Grid Gas, the occurrence of an emergency under its Transportation Arrangements (and until the cessation of an emergency at the time notified by National Grid Gas to IUK), in which case the matched quantity shall be determined from the lesser of the Effective Hourly Quantity and the Hourly Quantity. 5.3.4 IUK shall determine the Confirmed Nomination Quantity by processing (in accordance with the IUK Transportation Arrangements) the quantity for which the corresponding Nominations (or Renominations) are matched under paragraph 5.3.3. 5.3.5 IUK shall communicate to National Grid Gas, in accordance with the Matching Timetable: (a) the Processed IUK Nomination Quantity for each IUK Nomination and IUK Renomination; and (b) the Daily CNQ. 5.3.6 A Nomination (or Renomination) shall not be matched and Confirmed Nomination Quantities shall not be determined by IUK where IUK XXX has not received the corresponding Counterparty information in relation to a Nomination (or Renomination).