Terms and Conditions for Balance Group Management Sample Clauses

Terms and Conditions for Balance Group Management. Trans Austria Gasleitung GmbH (“TAG GmbH”) enables its System Users to allocate Entry and/or Exit capacity to balance groups or sub balance accounts by means of a Balance Group Management service available under TAG GmbH’s Commercial Services Area. The offered Balance Group Management service has been implemented pursuant to the provisions of the Austrian Natural Gas Xxx 0000, the Other Market Rules (Sonstige Marktregeln, SoMa), the General Terms and Conditions for Transmission Network Access of TAG GmbH and the Capacity Contract stipulated between the System User and TAG GmbH. The conclusion of a Capacity Contract and compliance with the respective rules entitle the System User to allocate Entry and/or Exit capacity to a balance group or a sub balance account. The EIC code of the System User is needed for the allocation of capacity to a balance group or sub balance account. System User is responsible for verifying that the capacity gets allocated under the correct EIC code. Capacities in a balance group or sub balance account can only be used if the following conditions for capacity usage are met. For a capacity usage the following conditions must be met: • The respective capacity is allocated to a balance group or sub balance account no later than 3 (three) full hours before the start of capacity usage. • The respective capacity (direction) is already established in the respective balance group or sub balance account. • The balance group or sub balance account has been active at this Entry/Exit Point before and established matching notifications (Shipper-Code-Pairs) have been used. • If one of the above conditions is not met the capacity allocated to the balance group or sub balance account cannot be used by allocation until 3 (three) full hours before the start of the capacity usage. For all other capacity usages the following lead times apply: For the first creation in the system for allocation of new capacity to a balance group or sub balance account the respective capacity has to be allocated to the active balance group or sub balance account at least three (3) full working days before the begin of capacity usage.
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Terms and Conditions for Balance Group Management. This [Entry/Exit] Standard Capacity Contract (hereinafter referred to as “Capacity Contract”) is made on [Start-up Date of Assignment to be inserted], 06:00 a.m. (CET) (hereinafter referred to as the “Start- up Date”) by and between Trans Austria Gasleitung GmbH (“TAG GmbH”) as transmission system operator (hereinafter referred to as “TSO”) a company existing and incorporated under the laws of Austria, having its legal office at Xxxxxxx Xxxxxxxxxxxx 000, 0000 Xxxxxx, Xxxxxxx and [Name of System User (Assignee) to be inserted], a company existing and incorporated under the laws of [Legal Office Country to be inserted], having its legal office at [Legal Office Address to be inserted], [Legal Office ZIP Code to be inserted], [Legal Office Country to be inserted], (hereinafter referred to as “[Name of System User to be inserted]” or the “System User”). TAG GmbH and [Name of System User (Assignee) to be inserted] are also referred to individually as a “Party” and collectively as the “Parties”.
Terms and Conditions for Balance Group Management. This no ship or pay Frame Day-Ahead and Within-Day Capacity Contract (hereinafter referred to as “Capacity Contract”) is made on [date to be inserted] (hereinafter referred to as the “Effective Date”) by and between Trans Austria Gasleitung GmbH, a company existing and incorporated under the laws of Austria, having its legal office at Xxxxxxx Xxxxxxxxxxxx 000, 0000 Xxxxxx, Xxxxxxx (hereinafter referred to as “TAG GmbH” or the “TSO”) and [name of Syste m User to be inse rted], a company existing and incorporated under the laws of [country to be inserted], having its legal office at [street and zip code to be inserted], [country to be inserted] (hereinafter referred to as “[name of System User to be inserted]” or the “System User”). TAG GmbH and [name of System User to be inserted] are also referred to individually as a “Party” and collectively as the “Parties”.

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