Common use of Trading capacity Clause in Contracts

Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: it has provided the Service Provider reasonable notice of its intention to undertake a Bare Transfer; its obligations under this document, including its obligations to pay Service Charges in respect of Service provided to the Shipper by the Service Provider in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's consent to effect a Bare Transfer.

Appears in 3 contracts

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

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Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an a new agreement with another person shipper or Prospective Shipper (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: : (i) it has provided the Service Provider Providers reasonable notice of its intention to undertake a Bare Transfer; ; (ii) its obligations under this document, including its obligations to pay Service Charges in respect of Service provided to the Shipper by the Service Provider Providers in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and and (iii) this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's Providers' consent to effect a Bare Transfer.

Appears in 3 contracts

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

Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer).Transfer).‌ (b) The Shipper can only effect a Bare Transfer of traded capacity if: : (i) it has provided the Service Provider reasonable notice of its intention to undertake a Bare Transfer; ; (ii) its obligations under this document, including its obligations to pay Service Charges in respect of a Service provided to the Shipper by the Service Provider in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and and (iii) this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's ’s consent to effect a Bare Transfer.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: : (i) it has provided the each relevant Service Provider reasonable notice of its intention to undertake a Bare Transfer; ; (ii) its obligations under this document, including its obligations to pay Service Charges in respect of Service provided to the Shipper by the Service Provider in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and and (iii) this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's Providers' consent to effect a Bare Transfer.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: : (i) it has provided the Service Provider Providers reasonable notice of its intention to undertake a Bare Transfer; ; (ii) its obligations under this document, including its obligations to pay Service Charges in respect of Service provided to the Shipper by the Service Provider Providers in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and and (iii) this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's Providers' consent to effect a Bare Transfer.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

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Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: : (i) it has provided the Service Provider reasonable notice of its intention to undertake a Bare Transfer; ; (ii) its obligations under this document, including its obligations to pay Service Charges in respect of a Service provided to the Shipper by the Service Provider in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and and (iii) this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's ’s consent to effect a Bare Transfer.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: : (i) it has provided the Service Provider Providers reasonable notice of its intention to undertake a Bare Transfer; ; (ii) its obligations under this document, including its obligations to pay Service Charges in respect of a Service provided to the Shipper by the Service Provider Providers in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and and (iii) this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's Providers' consent to effect a Bare Transfer.

Appears in 1 contract

Samples: Gas Transportation Agreement

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