Examples of IP Entry Point in a sentence
In respect of the Moffat IP Entry Point, a Bundled Auction (the " GB-RoI Auction") may become linked ("Linked") to another bundled auction (the "GB-NI Auction") for Adjacent System IP Capacity being held by the Adjacent TSO at that IP.
If the Shipper fails to acquire such additional IP Capacity as required in accordance with this Section 5.1.15 then the Shipper shall be liable for IP Capacity Charges in respect of such additional IP Capacity as would be required to restore such Shipper's Active IP Entry Capacity at the IP Entry Point to zero and the applicable tariff shall be the tariff applicable to Daily IP Entry Capacity.
A Shipper shall have a tolerance quantity calculated in accordance with Section 1.8.4 at an IP Entry Point for a Non-OBA Day.
If as a result of any termination of any Trade Proposal in accordance with Section5 above a Shipper's Active IP Entry Capacity at an IP Entry Point is or would be reduced to less than zero in respect of any Day such that the Shipper has a negative Active IP Entry Capacity at the IP Entry Point then such Shipper shall either book additional IP Entry Capacity or effect another Trade Proposal in order to secure that such Shipper's Active IP Capacity at the IP Entry Point is at least zero on such Day.
To the extent that the Transporter cannot make Natural Gas available for offtake or accept into the Transportation System Natural Gas tendered for delivery at an Entry Point or at an IP Entry Point as a direct result of Maintenance, the Transporter will be relieved of its obligations to transport Natural Gas including under this Code.
Each Shipper shall indemnify the Transporter and hold it harmless against any loss, liability, damage, claim, action, proceeding, cost and expense suffered or incurred by or made or brought against the Transporter (including any claim by a third party to title in Natural Gas delivered by a Shipper at an IP Entry Point or Entry Point or offtaken by a Shipper at an Offtake Point or IP CSEP or Connected System Exit Point or Sub- Sea I/C Offtake) in consequence of any breach of the warranties in Section 7.2.
For the avoidance of doubt, a Shipper's obligation to pay any amounts pursuant to this Code and/or the Framework Agreement and/or any Ancillary Agreement shall not be affected by the existence of any circumstance under which, in accordance with this Code, the Transporter is not obliged to, or is not in breach of its obligation to, make Natural Gas available for offtake from an Offtake Point or at the IP CSEP or to accept deliveries of Natural Gas at an IP Entry Point or at an Entry Point.
All Natural Gas delivered or tendered for delivery to the Transmission System at an Entry Point or at an IP Entry Point on a Day by, or on behalf of, a Shipper shall be deemed to be delivered, or tendered for delivery (as the case may be) to the Transportation System, by such Shipper irrespective of any act or omission of the Connected System Operator or any other person, including any Counterparty IP Shipper, Third Party Shipper or the Transporter.
Each Shipper shall have a single IP Allocation in respect of each Counterparty IP Shipper at each IP Entry Point, each IP CSEP, each IP VEntry and each IP VExit in respect of which the Shipper has submitted a Valid IP Nomination.
This would reduce the number of people who might buy standard reception equipment, only to want to upgrade to new technologies shortly thereafter.