Variations to Appendix A (General Terms and Conditions Sample Clauses

Variations to Appendix A (General Terms and Conditions. 2.1 The provisions of Appendix A (General Terms and Conditions) may only be varied by an agreement in writing signed by the Parties specifically referring to this Interconnector Storage Services Agreement. 2.2 Where Interconnector proposes a variation to Appendix A of this Interconnector Storage Services Agreement: (a) the Storage User shall not unreasonably withhold, condition or delay its consent to the proposed variation; and (b) the Parties shall use their best endeavours to reach agreement on the proposed variation within a period of thirty (30) days. 2.3 For the purposes of paragraph 2.2(a) the Parties agree that a reasonable reason for the Storage User withholding its consent will be that the proposed variation would: (a) materially increase the cost to the Storage User of using the Interconnector Storage Services (and Interconnector has not offered to adjust the fees to reflect that additional cost); (b) materially prejudice the Storage User's allocation of commercial risk as a Party to the Interconnector Storage Services Agreement; or (c) result in the Storage User being unable to comply with its contractual obligations or result in it being in breach of any law, regulation or applicable policy. 2.4 Where the Storage User believes that any of the grounds set out in paragraph 2.3 apply, it shall request that the Parties meet (including virtually) to discuss in good faith appropriate amendments that would be required to avoid those circumstances applying. 2.5 If the Parties fail to agree that any of the grounds set out in paragraph 2.3 apply or cannot agree appropriate amendments to avoid those circumstances applying, in either case within thirty (30) days of notification of the proposed variation (or such later date as Interconnector may agree), then Interconnector may: (a) withdraw the proposed variation; or (b) notify the Storage User that it may no longer make requests for new Offered Storage Capacity under paragraph 3 of Appendix B (which shall be without prejudice to the Storage User’s right to continue to use its existing Registered Storage Capacity). 2.6 The effective date of a variation agreed in respect of Appendix A shall be the date of the written agreement to vary the Interconnector Storage Services Agreement or, where Interconnector requires the effective date of variation to be the same for each Interconnector Storage Services Agreement, such later date as Interconnector may nominate.
Sample 1
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Related to Variations to Appendix A (General Terms and Conditions

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