Examples of LDM Agreement in a sentence
The Transporter shall have such right of access at all reasonable and necessary times to End User’s Facilities (including where such facilities are located downstream of the Offtake Point) and to the premises (if any) of any third party to whose property or premises Natural Gas is delivered, without charge and as may be required, for the purpose of exercising its rights in accordance with the relevant sections of this Code and/or to verify compliance with the requirements of any LDM Agreement.
A Shipper shall reserve LDM Supply Point Capacity to offtake Natural Gas from the Distribution System at a LDM Supply Point pursuant to a LDM Agreement.
Where the LDM Exit Capacity (and LDM Supply Point Capacity where relevant) is increased, the Shipper shall be liable for Capacity Charges in respect of such additional LDM Exit Capacity (and LDM Supply Point Capacity where relevant) which has been booked from the LDM Capacity Booking Effective Date in respect of such additional capacity specified in the addendum to the LDM Agreement.
A Shipper which is party to a LDM Agreement may apply to the Transporter for additional LDM Supply Point Capacity at the LDM Supply Point to which the LDM Agreement relates and the provisions of Section 6.3 with respect to an application for additional capacity shall apply mutatis mutandis.
A Shipper which is party to a LDM Agreement may apply to the Transporter for additional LDM Exit Capacity (and where relevant LDM Supply Point Capacity) in respect of the LDM Offtake specified in the LDM Agreement to be effective from the first day of a calendar month.
A Shipper shall reserve LDM Exit Capacity (and where relevant LDM Supply Point Capacity) by way of a LDM Agreement.
For the avoidance of doubt, in the case of Multiple Shippers to a LDM Offtake, a LDM Agreement shall be required for each of the Shippers which shall each be required to hold LDM Exit Capacity (and where relevant LDM Supply Point Capacity).
On receipt of a LDM Agreement application in respect of a LDM Supply Point from a Shipper in accordance with Section 6.2.2 the Transporter shall inform the Shipper of the Transporter Recommended LDM Supply Point Capacity.
A Shipper shall not be entitled to offtake Natural Gas at a LDM Offtake unless the Shipper is party to a LDM Agreement in respect of that LDM Offtake and holds Active LDM Exit Capacity (and Active LDM Supply Point Capacity where relevant) at or in respect of such LDM Offtake.
The application for LDM Exit Capacity (and where relevant LDM Supply Point Capacity) will form part of the LDM Agreement application process.