Common use of TRADING RIGHTS Clause in Contracts

TRADING RIGHTS. 12.1 Rights to trade or assign capacity (a) by trading some or all of the Shipper's Contracted Capacity in accordance with clause 12.2; or (b) by assigning some or all of the Shipper's Contracted Capacity to a Prospective Shipper in accordance with clause 12.3.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

TRADING RIGHTS. 12.1 Rights to trade or assign capacity (a) by trading some or all of the Shipper's Contracted Capacity in accordance with clause 12.2; or; (b) by assigning some or all of the Shipper's Contracted Capacity to a Prospective Shipper in accordance with clause 12.3; or (c) by trading Contracted Capacity through an Operational Transfer pursuant to clause 12.4.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

TRADING RIGHTS. 12.1 13.1 Rights to trade or assign capacity (a) by trading some or all of the Shipper's Contracted Capacity in accordance with clause 12.213.2, resulting in a new agreement between the Shipper and another shipper; or (b) by assigning some or all of the Shipper's Contracted Capacity to a Prospective Shipper in accordance with clause 12.313.3, resulting in an amendment to this document and a new agreement between the Service Providers and the prospective Shipper that is acquiring that capacity.

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!