PHASE 2 PARCA WORKS. 4.1 Subject to the conditions in Clause 3.1 being satisfied and the terms of this Clause 4, NGG shall undertake and subject to Clause 4.2 complete the Phase 2 PARCA Works in respect of the Reserved Capacity identified in the Phase 1 PARCA Works Report in accordance with the indicative timetable specified in the Phase 1 PARCA Works Report and in doing so NGG shall act in accordance with the standards of a Reasonable and Prudent Operator.
4.2 NGG shall keep the Reservation Party regularly informed of NGG's progress in completing each stage of the Phase 2 PARCA Works. Where NGG expects that completion of any stage of the Phase 2 PARCA Works will not take place in accordance with the indicative timetable in the Phase 1 PARCA Works Report (or such other timetable agreed with the Reservation Party) NGG shall inform the Reservation Party as soon as reasonably practicable and provide the following:
4.2.1 an explanation as to why it expects that the Phase 2 PARCA Works will not take place in accordance with the indicative timetable provided in the Phase 1 PARCA Works Report (or such other timetable agreed with the Reservation Party); and
4.2.2 a revised indicative timetable. NGG shall not be liable to the Reservation Party for any delay in completion of any stage of the Phase 2 PARCA Works.
4.3 In respect of the stages of Phase 2 PARCA Works:
4.3.1 the Reservation Party agrees to provide NGG with the Demonstration Information by the First Demonstration Date;
4.3.2 NGG shall undertake the stage(s) of the Phase 2 PARCA Works following receipt of the Demonstration Information;
4.3.3 NGG shall not be required to undertake the stage(s) of Phase 2 PARCA Works until it is in receipt of the Demonstration Information.
4.4 In the event NGG has not received the Demonstration Information in respect of any stage of the Phase 2 PARCA Works by the Third Demonstration Date (or where agreed with NGG, an Ad-Hoc Demonstration Date) NGG may terminate this Agreement. NGG will remind the Reservation Party on the Second Demonstration Date that it may terminate this Agreement in the event it has not received the Demonstration Information in respect of any stage of the Phase 2 PARCA Works by the Third Demonstration Date (or where agreed with NGG, an Ad-Hoc Demonstration Date) but any failure to remind will not preclude NGG from exercising its right of termination.
4.5 Following completion of each stage of Phase 2 PARCA Works, NGG will provide as soon as reasonably practicable to the Reserv...
PHASE 2 PARCA WORKS. Subject to:
