Examples of Active Entry Capacity in a sentence
For the avoidance of doubt Entry Capacity which the Transporter makes available to facilitate Nominations, Renominations and deliveries of Shrinkage Gas shall not form part of a Shipper’s Active Entry Capacity but shall at all times be available only for the purpose of Nominations, Renominations and deliveries of Shrinkage Gas.
Upon acceptance by the Transporter of an Entry Capacity Trade, the Active Entry Capacity of the Transferor Shipper will be reduced by the amount specified in the Entry Capacity Trade and the Active Entry Capacity of the Transferee Shipper will be increased by the corresponding traded amount in respect of the period set out in the Entry Capacity Trade Registration Request.
For the avoidance of doubt, the quantity to be traded under all Entry Capacity Trade(s) effected by a Transferor Shipper in respect of a Day shall not exceed the Active Entry Capacity of the Transferor Shipper for that Day.
A Shipper may not make IBP Nominations utilising Shipper ID S/N notwithstanding that such Shipper may hold Active Entry Capacity at the Moffat Entry Point and a Shipper’s South-North CSEP Offtake Capacity shall not be or be deemed to be Active Exit Capacity for the purpose of IBP Buy Nominations.
An Entry Capacity Trade may take place for any Day or consecutive Days for which the Transferor Shipper is registered as the holder of Active Entry Capacity at an Entry Point in accordance with the provisions of this Section 4.
Where the Offshore Back-Up Entry Capacity is utilised in accordance with Section 4.3.7 above, the Shipper's Active Capacity at the affected Entry Point (or Available Active Entry Capacity as appropriate) shall be reduced by an amount equal to the Offshore Back-Up Entry Capacity available for utilisation at the Back-Up Entry Point, taking into account the provisions of Section 4.3.7.
Following receipt of any such OFO, a Shipper shall be required to make a Renomination accordingly in accordance with Section 2.5.3 if its Valid Entry Nomination or Valid Entry Renomination exceeds its revised Available Active Entry Capacity.
The Transporter shall reject an IP Trade Proposal or Entry Capacity Trade Request in respect of an affected IP Entry Point or an affected Entry Point on a Restricted Capacity Day, which requests a trade of an amount of IP Entry Capacity or an Entry Capacity Trade Quantity amount greater than the amount of Entry Capacity determined by multiplying the Restricted Capacity Percentage by the portion of the Transferor Shipper's Active IP Capacity or Active Entry Capacity.
An Entry Capacity Trade that is accepted by the Transporter subsequent to the issue of an OFO specifying Available Active Entry Capacity shall reduce the Available Active Entry Capacity of the Transferor Shipper and increase the Available Active Entry Capacity of the Transferee Shipper by the amount of the Available Active Entry Capacity that is the subject matter of any accepted Entry Capacity Trade submitted after the issue of an OFO in respect of a Restricted Capacity Day.
Each Shipper shall ensure that the Nominated Quantities or Renominated Quantities specified in such Shipper's Nominations or Renominations, are less than or equal to such Shipper’s relevant Available Active Entry Capacity or Available Active LDM Exit Capacity or Available Aggregate Active DM Exit Capacity (as the case may be).