Common use of Notional Gate Point Clause in Contracts

Notional Gate Point. (a) There is a notional gate point for each Sub-network, at which all Outlet Point Contracted Capacity in respect of that Sub-network is taken to be located (Notional Gate Point). (b) All Curtailments of Capacity utilised to Deliver Gas into the Sub-network are taken to occur at the Notional Gate Point. (c) The Operator may, in its reasonable discretion in accordance with good industry practice, manage whether, at what times, to what extent and in what manner Gas deemed delivered at a Notional Gate Point is physically transported into the Associated Sub-network.

Appears in 7 contracts

Samples: Service Terms and Conditions, Service Terms and Conditions, B1 Reference Service Terms and Conditions

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Notional Gate Point. β€Œ (a) There is a notional gate point for each Sub-network, at which all Outlet Point Contracted Capacity in respect of that Sub-network is taken to be located (Notional Gate Point). (b) All Curtailments of Capacity utilised to Deliver Gas into the Sub-network are taken to occur at the Notional Gate Point. (c) The Operator may, in its reasonable discretion in accordance with good industry practice, manage whether, at what times, to what extent and in what manner Gas deemed delivered at a Notional Gate Point is physically transported into the Associated Sub-network.

Appears in 2 contracts

Samples: Reference Service Terms and Conditions, Service Terms and Conditions

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