Common use of Release of Unloading and Regasification Slots Clause in Contracts

Release of Unloading and Regasification Slots. 5.3.1 The User may transfer its right to use an Unloading and Regasification Slot to an Other User (including a Person which meets the requirements to be a Terminal User as published by the Operator from time to time and which becomes an Other User by entering into a terminal use agreement with the Operator prior to the transfer) on or before the date which is twenty (20) days prior to the first day of such Unloading and Regasification Slot. Any transfer of a User’s right to use an Unloading and Regasification Slot shall be subject to the consent of the Operator, who may refuse such consent only for good cause, provided that the User shall not be entitled to transfer its right to use an Unloading and Regasification Slot to any Person which does not meet the requirements to be a Terminal User as published by the Operator from time to time or which has not executed a terminal use agreement with the Operator prior to the transfer and any purported transfer in breach of these requirements shall be deemed to be void and of no force or effect.

Appears in 4 contracts

Samples: Terminal Use Agreement, Terminal Use Agreement, Terminal Use Agreement

AutoNDA by SimpleDocs

Release of Unloading and Regasification Slots. 5.3.1 The User may transfer its right to use an Unloading and Regasification Slot to an Other User (including a Person which meets the requirements to be a Terminal User as published by the Operator from time to time and which becomes an Other User by entering into a terminal use agreement with the Operator prior to the transfer) on or before the date which is twenty (20) days prior to the first day of such Unloading and Regasification Slot. Any transfer of a the User’s right to use an Unloading and Regasification Slot shall be subject to the consent of the Operator, who may refuse such consent only for good cause, provided that the User shall not be entitled to transfer its right to use an Unloading and Regasification Slot to any Person which does not meet the requirements to be a Terminal User as published by the Operator from time to time or which has not executed a terminal use agreement with the Operator prior to the transfer and any purported transfer in breach of these requirements shall be deemed to be void and of no force or effect.

Appears in 2 contracts

Samples: Terminal User Agreement, Terminal User Agreement

AutoNDA by SimpleDocs

Release of Unloading and Regasification Slots. 5.3.1 5.2.1 The User may transfer its right to use an Unloading and Regasification Slot to an Other User (including a Person which meets the requirements to be a Terminal User as published by the Operator from time to time and which becomes an Other User by entering into a terminal use agreement with the Operator prior to the transfer) on or before the date which is twenty (20) days prior to the first day of such Unloading and Regasification Slot. Any transfer of a User’s right to use an Unloading and Regasification Slot shall be subject to the consent of the Operator, who may refuse such consent only for good cause, provided that the User shall not be entitled to transfer its right to use an Unloading and Regasification Slot to any Person which does not meet the requirements to be a Terminal User as published by the Operator from time to time or which has not executed a terminal use agreement with the Operator prior to the transfer and any purported transfer in breach of these requirements shall be deemed to be void and of no force or effect.

Appears in 2 contracts

Samples: Terminal Use Agreement, Terminal Use Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.