Common use of Reallocation Procedures Clause in Contracts

Reallocation Procedures. (a) The Operator must develop and publish procedures (Reallocation Procedures) on its website, to enable Market Participants to create and record Reallocation Requests and describe the process for effecting Reallocations under this agreement. (b) The Operator may from time to time amend or replace the Reallocation Procedures after consulting with Market Participants using the process applicable to proposed amendments to this agreement under clauses 3.3 to 3.5. (c) The Operator is not required to meet its obligations under this clause 16 in any way which increases the Operator’s risks in the collection of monies owed to it under or in respect of this agreement.

Appears in 8 contracts

Samples: Gas Supply Hub Exchange Agreement, Gas Supply Hub Exchange Agreement, Gas Supply Hub Exchange Agreement

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Reallocation Procedures. (a) The Operator must develop and publish procedures (Reallocation Procedures) on its website, to enable Market Participants to create and record Reallocation Requests and describe the process for effecting Reallocations under this agreement. (b) . The Operator may from time to time amend or replace the Reallocation Procedures after consulting with Market Participants using the process applicable to proposed amendments to this agreement under clauses 3.3 to 3.5. (c) . The Operator is not required to meet its obligations under this clause 16 in any way which increases the Operator’s risks in the collection of monies owed to it under or in respect of this agreement.

Appears in 2 contracts

Samples: Supply Hub Exchange Agreement, Gas Supply Hub Exchange Agreement

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