Examples of New Service Applicant in a sentence
If the Transportation Contract is signed, then the Deposit will be credited by TransCanada to the bill for the first month(s) of service or returned to the New Service Applicant, if requested.
Upon a New Service Applicant’s Acceptance, if TransCanada provides service as set out in the Precedent Agreement (as it may be amended), the Deposit will be credited to the New Service Applicant in the first month(s) bill(s) for service, or returned to the New Service Applicant if the New Service Applicant so requests.
TCPL shall return the Deposit to each New Service Applicant not offered any New Capacity.
If a New Service Applicant does not execute and return to TCPL the Transportation Contract within the three (3) Banking Day period referred to in Subsection 4.5(c), or if a New Service Applicant fails to provide financial assurances as required in Subsection 4.5 (b), the offer to the New Service Applicant for the Existing Capacity allocated to the New Service Applicant shall be withdrawn and TCPL shall keep the Deposit.
If the Transportation Contract is signed, then the Deposit will be credited by TCPL to the bill for the first month(s) of service or returned to the New Service Applicant, if requested.
TCPL will return the Deposit provided by an unsuccessful New Service Applicant within five (5) Banking Days from the date the Transportation Contracts are executed for all Existing Capacity for that ECOS.
In such case for a New Service Applicant, TCPL shall retain the Deposit and will have no obligation to return the Deposit, and for Existing Service Applicant, TCPL shall add the Deposit amount to Existing Service Applicant’s invoice and Existing Service Applicants shall pay TCPL in accordance with Section XI of the General Terms and Conditions of the Tariff.
New Service Applicant shall provide to TCPL the applicable Deposit within two (2) Banking Days of the end of the ECOS for each ECOS Bid Form.
If TCPL is unable to provide the service as set out in the Precedent Agreement the Deposit will be returned to the New Service Applicant by TCPL.
Upon a New Service Applicant’s Acceptance, if TCPL provides service as set out in the Precedent Agreement (as it may be amended), the Deposit will be credited to the New Service Applicant in the first month(s) bill(s) for service, or returned to the New Service Applicant if the New Service Applicant so requests.