Common use of Revision of the Contract on reasonable grounds Clause in Contracts

Revision of the Contract on reasonable grounds. In the case where the TSO would have to modify the Contract except for the assumptions described in point 17.1 above, in particular any restructuring or reformulation necessary at the initiative of the TSO or resulting from consultation work at the initiative of the CRE, the new General Terms and Conditions will take effect on the date of publication on the TSO public website, without compensation of any kind, provided that they have been notified in writing and made known to the Shipper at least thirty (30) days before their publication date. If within fifteen (15) days of the publication of the new General Terms and Conditions, the Shipper informs the TSO in writing and shows that they lead to a significant imbalance between the obligations of the Parties, they will meet and make their best efforts to define together the adaptations that can be made to the Contract in accordance with the principle of non-discrimination between users of the network. In the case of agreement between the Parties these adaptations will be included in the contract by means of a supplementary agreement. If the Parties fail to reach an agreement within forty-five (45) days of the date of publication of the new general terms and conditions, the Shipper may submit the dispute to the Dispute Settlement and Sanctions Committee of the CRE or the competent courts under the Contract or may terminate the Contract, subject to fifteen (15) days' notice, in accordance with Article 22.4 of the General Terms and Conditions.