Transporter performance. 11.2.1 In relation to exercising its discretions and performing obligations under the Code the Transporter shall at all times: (a) act in a reasonable and prudent manner in relation to the management and operation of each of its Systems and, in the case of National Grid NTS, the National Grid LNG Storage Facilities; and (b) act reasonably and in good faith in its dealings with Users; save that the foregoing shall not apply to the extent that: (i) there is any standard of performance already provided for by any statute, regulation or licence condition to which the Transporter is subject; or (ii) the Transporter would thereby be required to act in a manner which would conflict with any Legal Requirement. 11.2.2 For the avoidance of doubt the operation of this paragraph 11.3 shall not prevent the Transporter from performing any obligation under the Code.
Appears in 13 contracts
Samples: Ancillary Agreement, Ancillary Agreement, Ancillary Agreement
Transporter performance. 11.2.1 14.3.1 In relation to exercising its discretions and performing obligations under the Code the Transporter shall at all times:
(a) act in a reasonable and prudent manner in relation to the management and operation of each of its Systems and, in the case of National Grid Transco NTS, the National Grid Transco LNG Storage Facilities; and
(b) act reasonably and in good faith in its dealings with Users; save that the foregoing shall not apply to the extent that:
(i) there is any standard of performance already provided for by any statute, regulation or licence condition to which the Transporter is subject; or
(ii) the Transporter would thereby be required to act in a manner which would conflict with any Legal Requirement.which
11.2.2 14.3.2 For the avoidance of doubt the operation of this paragraph 11.3 14.3 shall not prevent the Transporter from performing any obligation under the Code.
Appears in 1 contract
Samples: Network Code Ancillary Agreement
Transporter performance. 11.2.1 In relation to exercising its discretions and performing obligations under the Code the Transporter shall at all times:
(a) act in a reasonable and prudent manner in relation to the management and operation of each of its Systems and, in the case of National Grid Transco NTS, the National Grid Transco LNG Storage Facilities; and
(b) act reasonably and in good faith in its dealings with Users; save that the foregoing shall not apply to the extent that:
(i) there is any standard of performance already provided for by any statute, regulation or licence condition to which the Transporter is subject; or
(ii) the Transporter would thereby be required to act in a manner which would conflict with any Legal Requirement.
11.2.2 For the avoidance of doubt the operation of this paragraph 11.3 shall not prevent the Transporter from performing any obligation under the Code.
Appears in 1 contract
Samples: Ancillary Agreement