Common use of Other provisions of the Rules Clause in Contracts

Other provisions of the Rules. Parties reserve the right to amend the terms and conditions of the Rules and the Binding Open Season process. In case of such amendment, each Participant shall be informed in a non-discriminative way. Parties do not assume any responsibility vis-à-vis any Participant for any consequence arising from such amendments. Parties reserve the right to ask for supplements from any Participant, if needed. Parties reserve the right to accept no bid and/or to cancel the Rules without giving any reasons thereof and without being liable for any consequence or paying any compensation therefore. Parties shall have the right to declare the bidding process frustrated without giving any reason thereof and without being liable for any consequence or paying any compensation therefore. All costs and expenses incurred related to the bidding process and preparation of bid will be solely borne by the Applicant.

Appears in 4 contracts

Samples: Binding Open Season Procedure, Binding Open Season Procedure, Binding Open Season Procedure

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