Common use of MONTHLY CAPACITY SUBSCRIPTIONS Clause in Contracts

MONTHLY CAPACITY SUBSCRIPTIONS. 4.2.6.1 THE CASE OF THE DUNKERQUE INTERCONNECTION POINT The Shipper may subscribe Firm Capacity for Month M between the first (1st) calendar day of month M-1 and the twentieth (20th) calendar day of month M-1. GRTgaz shall initiate an OSP for monthly Reservations of capacity beginning on the first (1st) Day of Month M, to be organised as follows:  firm capacity will be offered if available at zero hours (00:00) on the first (1st) calendar day of month M-1;  if no firm capacity is available at zero hours (00:00) on the first (1st) calendar day of Month M-1, Interruptible Capacity will be offered if available;  all requests received between the first (1st) calendar day of month M-1 and the tenth (10th) calendar day of month M-1 are deemed simultaneous and to have been received on the tenth (10th) calendar day of month M-1 at midnight (24:00);  if demand exceeds available capacity, capacity will be distributed proportionally to requests up to the maximum monthly capacity available. All requests received between the eleventh (11th) of month M-1 and the twentieth (20th) calendar day of month M-1 will be allocated on a “first come, first served” basis,  in the form of firm capacity, or  in the form of Interruptible Capacity if all the firm capacity has been allocated.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

MONTHLY CAPACITY SUBSCRIPTIONS. 4.2.6.1 THE CASE OF THE DUNKERQUE INTERCONNECTION POINT The Shipper may subscribe Firm Capacity for Month M between the first (1st) calendar day of month M-1 and the twentieth (20th) calendar day of month M-1. GRTgaz shall initiate an OSP for monthly Reservations of capacity beginning on the first (1st) Day of Month M, to be organised as follows: firm capacity will be offered if available at zero hours (00:00) on the first (1st) calendar day of month M-1; if no firm capacity is available at zero hours (00:00) on the first (1st) calendar day of Month M-1, Interruptible Capacity interruptible capacity will be offered if available; all requests received between the first (1st) calendar day of month M-1 and the tenth (10th) calendar day of month M-1 are deemed simultaneous and to have been received on the tenth (10th) calendar day of month M-1 at midnight (24:00); if demand exceeds available capacity, capacity will be distributed proportionally to requests up to the maximum monthly capacity available. All requests received between the eleventh (11th) of month M-1 and the twentieth (20th) calendar day of month M-1 will be allocated on a “first come, first served” basis, in the form of firm capacity, or in the form of Interruptible Capacity interruptible capacity if all the firm capacity has been allocated. GRTgaz also offers monthly capacities subscription for Bundled Capacities on capsquare platform. For these Bundled Capacities, specific subscription periods are applied and are described on the website xxx.xxxxxxxxx.xx.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

MONTHLY CAPACITY SUBSCRIPTIONS. 4.2.6.1 THE CASE OF THE DUNKERQUE INTERCONNECTION POINT The Shipper may subscribe Firm Capacity for the Month M between the twenty-first (1st21st) calendar day of month M-1 M-2 and the twentieth fifteenth (20th15th) calendar day of month M-1. GRTgaz shall initiate an OSP for monthly Reservations of capacity reservations, beginning on the first (1st) Day of Month M, to be organised as follows: firm capacity will be offered if available at zero hours (00:00) on the first (1st) calendar day of month M-1; if no firm capacity is available at zero hours (00:00) on the first (1st) calendar day of Month month M-1, Interruptible Capacity interruptible capacity will be offered if available; all requests received between the twenty-first (21st) calendar day of month M-2 and the last calendar day of month M-2 are deemed simultaneous and to have been received at zero hours (00:00) on the first (1st) calendar day of month M-1 and the tenth (10th) calendar day of month M-1 are deemed simultaneous and to have been received on the tenth (10th) calendar day of month M-1 at midnight (24:00)M-1; if demand exceeds available capacity, capacity will be distributed proportionally to requests requests, up to the maximum available monthly capacity availablecapacity. All requests received between zero hours (00:00) on the eleventh first (11th1st) of month M-1 and the twentieth fifteenth (20th15th) calendar day of month M-1 at midnight (12:00 p.m.) will be allocated on a “first first-come, first first-served” basis, in the form of firm capacity, or in the form of Interruptible Capacity interruptible capacity if all the firm capacity has been allocated.

Appears in 1 contract

Samples: www.grtgaz.com

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!