Common use of Network Exit Capability Condition Precedent Clause in Contracts

Network Exit Capability Condition Precedent. (a) ARTC’s obligation to first make available the Path Usages in clause 3 of this Schedule and the Access Holder’s entitlement to have access to the Path Usages in clause 3 is conditional upon the Access Holder providing evidence to the reasonable satisfaction of ARTC that it has sufficient Network Exit Capability, based on the applicable Service Assumptions, to offload the anticipated coal associated with those Path Usages at the discharge point specified in clause 3 of this Schedule for a period of at least 10 years from the applicable Start Date.

Appears in 3 contracts

Samples: www.accc.gov.au, Access Holder Agreement, www.accc.gov.au

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Network Exit Capability Condition Precedent. (a) ARTC’s obligation to first make available the Path Usages UsageUsages in row 1 of clause 3 of this Schedule and the Access Holder’s entitlement to have access to the Path Usages in clause 3 is conditional upon the Access Holder providing sufficient evidence to the reasonable satisfaction of ARTC that it has sufficient the contracted capacity for at least the Initial Periodsufficient Network Exit Capability, based on the applicable Service Assumptions, to offload the anticipated coal associated with those Path Usages at the discharge port or Network exit specified in row 1.discharge point specified in clause 3 of this Schedule for a period of at least 10 years from the applicable Start Date.

Appears in 1 contract

Samples: Access Holder Agreement

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