Common use of Rights of Service Providers Clause in Contracts

Rights of Service Providers. Upon the expiry of the Rectification Period or after the issue of Default Notice if no rectification period applies, if the Event of Default by the Shipper still exists, the Service Providers may, at their discretion, take any one or more of the following actions: (a) suspend or terminate the Service to the Shipper and, if the Service Providers wish to do so, provide access to a third party to that amount of the capacity in the EGP contracted to the Shipper under this document, until the Event or Events of Default have been either removed, rectified or remedied (as appropriate); and/or (b) terminate this document.

Appears in 3 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement, Gas Transportation Agreement

AutoNDA by SimpleDocs

Rights of Service Providers. Upon the expiry of the Rectification Period or after the issue of Default Notice if no rectification period applies, if the Event of Default by the Shipper still exists, the Service Providers may, at their discretion, take any one or more of the following actions: (a) each relevant Service Provider may suspend or terminate the Service to the Shipper and, if the Service Providers wish Provider wishes to do so, provide access to a third party to that amount of the capacity in the EGP Pipeline contracted to the Shipper under this document, until the Event or Events of Default have been either removed, rectified or remedied (as appropriate); and/or (b) the Service Providers may terminate this document.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

AutoNDA by SimpleDocs

Rights of Service Providers. Upon the expiry of the Rectification Period or after the issue of Default Notice if no rectification period Rectification Period applies, if the Event of Default by the Shipper still exists, the Service Providers may, at their discretion, take any one or more of the following actions: (a) suspend or terminate the Service to the Shipper and, if the Service Providers wish to do so, provide access to a third party to that amount of the capacity in the EGP Pipeline contracted to the Shipper under this document, until the Event or Events of Default have been either removed, rectified or remedied (as appropriate); and/or (b) terminate this document.

Appears in 1 contract

Samples: Gas Transportation Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!