IAA Shipper definition
Examples of IAA Shipper in a sentence
IUK and the IAA Shipper each hereby gives its consent in accordance with Article 10 of the ICC Rules to such consolidation.
The Natural Gas made available, or caused to be made available, by the IAA Shipper at any Entry Point shall comply with the relevant quality requirements and operating conditions specified in Annex H-1 (the “Specification”).
If Natural Gas is made available by the IAA Shipper at any Entry Point which does not comply with the Specification, the IAA Shipper shall notify IUK or cause IUK to be notified of such non- compliance as soon as the IAA Shipper or the Adjacent TSO of any AT System through which the Natural Gas is being made available to IUK becomes aware (or ought reasonably to have become aware) of such non-compliance.
For the avoidance of doubt, IUK and the IAA Shipper each hereby consents to the intervention in proceedings initiated under this Agreement of any party to any IAA Shipper Agreement.
The IAA Shipper shall not use any revenue or benefit derived from any activity or dealing with a Restricted Person in discharging any obligation due or owing to IUK.
This IUK Access Agreement, the IUK Access Code and the Capacity Transactions of the IAA Shipper (if any) together form a single agreement between IUK and the IAA Shipper (“Agreement”).
When IUK implements the Forced Buy-back procedure set out in the IAC Section C paragraph 3.2, it will pay an IAA Shipper for the reduction in Entry Capacity and Exit Capacity at the Forced Buy-back Price.
An IAA Shipper shall pay IUK a Monthly Charge for the immediately preceding Month, invoiced as described in Clause 2 of Appendix A to the IUK Access Agreement.
IUK shall at all times have the right to refuse the intake of Natural Gas made available by the IAA Shipper at that Entry Point, and shall have the right to shut off such Natural Gas, if it does not comply with the Specification.
An IAA Shipper may submit a Trade Notification irrespective of whether the IAA Shipper makes any Entry Nomination or Exit Nomination for the hour in Gas Day D in respect of which the Trade Notification is submitted.