Common use of Termination Amounts Clause in Contracts

Termination Amounts. 4.1 Until the end of the Financial Year in which the termination occurs the User shall pay to NGC the Connection Charges and Use of System Charges for which the User is liable in full. Where the User has a Connection Site the User shall at the end of such Financial Year pay to NGC a sum equal to the following: (i) the then current Net Asset Value of the NGC Assets at the Connection Site in question; and (ii) a sum equal to the reasonable cost of removing such NGC Assets. 4.2 Where a Termination Amount is paid to NGC under this Agreement and subsequently NGC uses the NGC Assets at the same or another Connection Site and renders and receives a Connection Charge therefor NGC shall pay to the User the Net Asset Value component of the Termination Amount less reasonable maintenance and storage costs. NGC shall use its reasonable endeavours to re-use such NGC Assets where it is economic to do so. Upon request and at the cost of the User, NGC shall issue a certificate no more frequently than once each calendar year indicating whether or not such NGC Assets have or have not been so re-used.

Termination Amounts. 4.1 Until the end of the Financial Year in which the termination occurs the User shall pay to NGC the Connection Charges charges and Use of System Charges for which the User is liable in full. Where the User has a Connection Site the User shall at the end of such Financial Year pay to NGC a sum equal to the following:following:- (i) the then current Net Asset Value of the NGC Assets at the Connection Site in question; and (ii) a sum equal to the reasonable cost of removing such NGC Assets. 4.2 Where a Termination Amount is paid to NGC under this Agreement and subsequently NGC uses the NGC Assets at the same or another Connection connection Site and renders and receives a Connection Charge therefor therefore NGC shall pay to the User the Net Asset Value component of the Termination Amount less reasonable maintenance and storage costs. NGC shall use its reasonable endeavours to re-re- use such NGC Assets where it is economic to do so. Upon request and at the cost of the User, NGC shall issue a certificate no more frequently than once each calendar year indicating whether or not such NGC Assets have or have not been so re-used.

Termination Amounts. 4.1 Until the end of the Financial Year in which the termination occurs the User shall pay to NGC the Connection Charges and Use of System Charges for which the User is liable in full. Where the User has a Connection Site the User shall at the end of such Financial Year pay to NGC a sum equal to the following:following:- (i) the then current Net Asset Value of the NGC Assets at the Connection Site in question; and (ii) a sum equal to the reasonable cost of removing such NGC Assets. 4.2 Where a Termination Amount is paid to NGC under this Agreement and subsequently NGC uses the NGC Assets at the same or another Connection Site and renders and receives a Connection Charge therefor NGC shall pay to the User the Net Asset Value component of the Termination Amount less reasonable maintenance and storage costs. NGC shall use its reasonable endeavours to re-use such NGC Assets where it is economic to do so. Upon request and at the cost of the User, NGC shall issue a certificate no more frequently than once each calendar year indicating whether or not such NGC Assets have or have not been so re-used.