Common use of Suspension of Grid Charges Clause in Contracts

Suspension of Grid Charges. (a) If, for any reason, there is a continuous Interruption affecting all Customer Points of Service within the same connection location and lasting 24 hours or longer, the Grid Charges for any month during which the Interruption occurs will be calculated in accordance with the following formula: a⎛1 − b⎞ ⎝⎜ c ⎟⎠ where a = the Grid Charges which would have been payable in respect of that

Appears in 1 contract

Samples: Benchmark Agreement

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Suspension of Grid Charges. (a) If, for any reason, there is a continuous Interruption affecting all Customer Points of Service Connection within the same connection location and lasting 24 hours or longer, the Grid Charges for any month during which the Interruption occurs will be calculated in accordance with the following formula: a⎛1 − b⎞ ⎝⎜ ⎜⎝ c ⎟⎠ where a = the Grid Charges which would have been payable in respect of that

Appears in 1 contract

Samples: Default Transmission Agreement

Suspension of Grid Charges. (a) If, for any reason, there is a continuous Interruption affecting all Customer Points of Service within the same connection location substation and lasting 24 hours or longer, the Grid Charges for any month during which the Interruption occurs will be calculated in accordance with the following formula: a⎛1 − b⎞ b ⎞ ⎝⎜ c ⎟⎠ where a = the Grid Charges which would have been payable in respect of thatthat substation for that month if this clause did not apply;

Appears in 1 contract

Samples: Benchmark Agreement

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Suspension of Grid Charges. (a) If, for any reason, there is a continuous Interruption affecting all Customer Points of ConnectionCustomer Points of Service within the same connection location and lasting 24 hours or longer, the Grid Charges for any month during which the Interruption occurs will be calculated in accordance with the following formula: a⎛1 − b⎞ ⎝⎜ c ⎟⎠ ⎜⎝ c⎟⎠ where a = the Grid Charges which would have been payable in respect of that

Appears in 1 contract

Samples: Benchmark Agreement

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