Common use of Procedure for Nodal Agency’s non-fulfilment of Role Clause in Contracts

Procedure for Nodal Agency’s non-fulfilment of Role. a. Upon the Nodal Agency not being able to fulfil its role under Article 4.2, the TSP may serve notice on the Nodal Agency, with a copy to CEA and the Lenders’ Representative (a "TSP’s Preliminary Notice"), which notice shall specify in reasonable detail the circumstances giving rise to such non-fulfilment of role by the Nodal Agency. b. Following the issue of a TSP’s Preliminary Notice, the Consultation Period shall apply. c. The Consultation Period would be for the Parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant non-fulfilment of role by the Nodal Agency including giving time extension to TSP, having regard to all the circumstances. d. During the Consultation Period, both Parties shall, save as otherwise provided in this Agreement, continue to perform their respective obligations/ roles under this Agreement.

Appears in 10 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

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Procedure for Nodal Agency’s non-fulfilment of Role. a. Upon the Nodal Agency not being able to fulfil its role under Article 4.2, the TSP may serve notice on the Nodal Agency, with a copy to CEA and the Lenders’ Representative (a "TSP’s Preliminary Notice"), which notice shall specify in reasonable detail the circumstances giving rise to such non-fulfilment of role by the Nodal Agency. b. Following the issue of a TSP’s Preliminary Notice, the Consultation Period shall apply. c. The Consultation Period would be for the Parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant non-non- fulfilment of role by the Nodal Agency including giving time extension to TSP, having regard to all the circumstances. d. During the Consultation Period, both Parties shall, save as otherwise provided in this Agreement, continue to perform their respective obligations/ roles under this Agreement.

Appears in 8 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

Procedure for Nodal Agency’s non-fulfilment of Role. a. Upon the Nodal Agency not being able to fulfil its role under Article 4.2, the TSP may serve notice on the Nodal Agency, with a copy to CEA and the Lenders’ Representative (a "TSP’s Preliminary Notice"), which notice shall specify in reasonable detail the circumstances giving rise to such non-non- fulfilment of role by the Nodal Agency. b. Following the issue of a TSP’s Preliminary Notice, the Consultation Period shall apply. c. The Consultation Period would be for the Parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant non-fulfilment of role by the Nodal Agency including giving time extension to TSP, having regard to all the circumstances. d. During the Consultation Period, both Parties shall, save as otherwise provided in this Agreement, continue to perform their respective obligations/ roles under this Agreement.

Appears in 2 contracts

Samples: Transmission Service Agreement, Standard Transmission Service Agreement

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Procedure for Nodal Agency’s non-fulfilment of Role. a. Upon the Nodal Agency not being able to fulfil its role under Article 4.20, the TSP may serve notice on the Nodal Agency, with a copy to CEA and the Lenders’ Representative (a "TSP’s Preliminary Notice"), which notice shall specify in reasonable detail the circumstances giving rise to such non-fulfilment of role by the Nodal Agency. b. Following the issue of a TSP’s Preliminary Notice, the Consultation Period shall apply. c. The Consultation Period would be for the Parties to discuss as to what steps shall be taken with a view to mitigate the consequences of the relevant non-fulfilment of role by the Nodal Agency including giving time extension to TSP, having regard to all the circumstances. d. During the Consultation Period, both Parties shall, save as otherwise provided in this Agreement, continue to perform their respective obligations/ roles under this Agreement.

Appears in 1 contract

Samples: Transmission Service Agreement

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