Procurement Round Commitment Point definition
Procurement Round Commitment Point means the specific entry points at which the Customer may join Procurement Rounds for a particular Gas Product from time to time as notified by the Authority to the Supplier in accordance with the Framework Agreement, being, as at the date of this Agreement, thirty (30) Months, eighteen (18) Months and six (6) Months prior to the Supply Start Date of the Relevant Procurement Year.
Procurement Round Commitment Point has the meaning given in Paragraph 3.1 of Schedule 3. Procurement Year means each period of twelve (12) Months commencing on either the first (1st) of April or the first (1st) of October, or on such other dates as otherwise specified by the Authority from time to time.
Examples of Procurement Round Commitment Point in a sentence
As soon as reasonably practicable and in any event within thirty (30) Days following a Procurement Round Commitment Point for a particular Gas Product, the Authority shall provide the Supplier with a Site List in respect of the Committed Customers for that Procurement Round and Gas Product.