Common use of REMIT Reporting Clause in Contracts

REMIT Reporting. In case GSA is to be reported to the Agency for the Cooperation of Energy Regulators (ACER) under the terms of EU Regulation № 1227/2011 (REMIT) BUYER hereby agrees to effect reporting of GSA on behalf of SELLER. As a consequence BUYER will report GSA and the deliveries hereunder, as well as changes or additions hereto, which have to be reported in accordance with REMIT, for both Parties. SELLER will timely provide BUYER upon its request with any additional information that is needed to comply with the reporting obligation.

REMIT Reporting. In case the GSA is to be reported to the Agency for the Cooperation of Energy Regulators (ACER) under the terms of EU Regulation № 1227/2011 (REMIT) the BUYER hereby agrees to effect reporting of the GSA on behalf of the SELLER. As a consequence BUYER will report GSA and the deliveries hereunder, as well as changes or additions hereto, which have to be reported in accordance with REMIT, for both Parties. SELLER will timely provide BUYER upon its request with any additional information that is needed to comply with the reporting obligation.

REMIT Reporting. In case the GSA is to be reported to the Agency for the Cooperation of Energy Regulators (ACER) under the terms of EU Regulation № 1227/2011 (REMIT) the BUYER hereby agrees to effect reporting of the GSA on behalf of the SELLER. As a consequence BUYER will report GSA and the deliveries hereunderthereunder, as well as changes or additions heretoadditions, which have to be reported in accordance with REMIT, for both Parties. SELLER will timely provide BUYER upon its his request with any additional information that is needed to comply with the reporting obligation, as soon as possible.