Common use of Rejection of a Renomination or Nomination Clause in Contracts

Rejection of a Renomination or Nomination. Subject to Article 6.5 hereof, the Provider shall be entitled to reject any of the Customer's Nomination or Renomination either completely or in part, particularly in the event of both Force Majeure pursuant to the provisions of Clause 28 of the Storage Access Conditions and non-compliance with operational and technical limitations pursuant to the provisions of Clause 22 of the Storage Access Conditions or during maintenance periods pursuant to the provisions of Clause 23 of the Storage Access Conditions. Should a Nomination or Renomination be rejected completely, the preceding valid Nomination shall be deemed accepted, otherwise Nomination or Renomination shall be reset to zero (0). Should a Nomination or Renomination be rejected in part, the Provider shall send a notice of confirmation on the receipt of only part of the Nomination. In addition, the Provider shall be entitled to reject any Nomination or Renomination submitted in violation of the provisions of the Storage Access Conditions.

Appears in 6 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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Rejection of a Renomination or Nomination. Subject to Article 6.5 hereof, the Provider shall be entitled to reject any of the Customer's Nomination or Renomination either completely or in part, particularly in the event of both Force Majeure pursuant to the provisions of Clause 28 27 of the Storage Access Conditions and non-compliance with operational and technical limitations pursuant to the provisions of Clause 22 21 of the Storage Access Conditions or during maintenance periods pursuant to the provisions of Clause 23 22 of the Storage Access Conditions. Should a Nomination or Renomination be rejected completely, the preceding valid Nomination shall be deemed accepted, otherwise Nomination or Renomination shall be reset to zero (0). Should a Nomination or Renomination be rejected in part, the Provider shall send a notice of confirmation on the receipt of only part of the Nomination. In addition, the Provider shall be entitled to reject any Nomination or Renomination submitted in violation of the provisions of the Storage Access Conditions.

Appears in 1 contract

Samples: Operating Agreement

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