OTHER REVISIONS. In all other cases, the Operator shall notify all Shippers of the proposed Contract revision. The Shipper shall have thirty (30) calendar days following receipt of notification to demonstrate its opposition to the proposed revision. Said opposition must be duly justified. If at the end of the aforementioned period the Shipper has not demonstrated its opposition in writing, the proposed modification shall be deemed to have been accepted by the Shipper and the Contract shall be amended by means of an amendment. If by the end of the aforementioned period the Shipper does demonstrate its opposition to the proposed modification, the Parties shall meet in order to negotiate in good faith to decide on the terms of the Contract revision. In the absence of an agreement between the Shipper and the Operator, the Contract shall continue under the conditions in force at the time. As an exception to the above, the Operator may impose a Contract revision to which the Shipper cannot demonstrate its opposition where such revisions concern: o Appendices 2 and 3; o the improvement of Terminal safety. Any revision confirmed as per this Article shall take effect on the effective date announced by the Operator.
Appears in 4 contracts
Samples: Framework Contract for Access to LNG Terminal, Framework Contract for Access to LNG Terminal, Framework Contract for Access to LNG Terminal
