Common use of UNIFORM OPTION ALLOCATION RULES Clause in Contracts

UNIFORM OPTION ALLOCATION RULES. A Shipper may request to subscribe to the Uniform Option for a Cargo between the publication of the Annual Schedule and the Monthly Schedule Request for the Month in question. A Shipper may not subscribe to the Uniform Option for more than one Cargo per Month or for an annual quantity above twelve (12) TWh. The Operator shall allocate the Uniform Option to Shippers requesting this option on a "first come, first served" basis, taking into account the Terminal's technical capacities for the Month in question. Furthermore, the Operator shall not be obliged to accept requests submitted if the amount of Quantities Unloaded by the Shippers scheduled for a given Month under the Uniform Option is greater than twenty percent (20%) of the Total Firm Capacity for said Month. With regard to Spot Unloadings, the Uniform Option shall only apply to Forecasted Daily Send-Out for the Month following the Month of the Unloading Date. This request may be submitted until the Monthly Schedule Request for the Month following the Month of the Unloading Date has been made.

UNIFORM OPTION ALLOCATION RULES. A Shipper may request to subscribe to the Uniform Option for a Cargo between the publication of the Annual Schedule and the Monthly Schedule Request for the Month in question. A Shipper may not subscribe to the Uniform Option for more than one Cargo per Month or for an annual quantity above twelve (12) TWh. The Operator shall allocate the Uniform Option to Shippers requesting this option on a "first come, first served" basis, taking into account the Terminal's technical capacities for the Month in question. Furthermore, In the Operator shall not be obliged to accept requests submitted if event that the amount sum of the Quantities Unloaded by the Shippers scheduled for or sent out as a Uniform Option in a given Month under the Uniform Option is greater than twenty percent per cent (20%) of the Total Firm Capacity for said Month, the Operator may refuse the request for a Uniform Option from the Shipper. With regard to Spot Unloadings, the Uniform Option shall only apply to Forecasted Daily Send-Out for the Month following the Month of the Unloading Date. This request may be submitted until the Monthly Schedule Request for the Month following the Month of the Unloading Date has been made.