Common use of USER’S RIGHT TO WITHDRAW FUNDS Clause in Contracts

USER’S RIGHT TO WITHDRAW FUNDS. 6.1 If the User is not in default in respect of any amount owed to the Company in respect of the Use of System Charges or any other amount owed by the User under the Agreement, the Company shall permit the release to the User, within two Working Days of receiving the User’s written request for it, of any amount of cash provided by the User by way of Cover which exceeds the amount which the User is required to provide in accordance with this Schedule.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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USER’S RIGHT TO WITHDRAW FUNDS. 6.1 If the User is not in default in respect of any amount owed to the Company in respect of the Use of System Charges or any other amount owed by the User under the Agreement, the Company shall permit the release to the User, within two Working Days of receiving after the User’s written request for ittherefor, of any amount of cash provided by the User by way of Cover which exceeds the amount which the User is required to provide in accordance with this Schedule.

Appears in 1 contract

Samples: www.ofgem.gov.uk

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