Respective Licence definition

Respective Licence means in respect of each of the Designated Pipe-line Operators the licence for the conveyance of gas granted to it pursuant to Article 8(1) of the Order or that part of a combined licence relating to the conveyance of gas; “Second Due Date” means, in respect of a PS Non-Payment which occurred in a Non- Payment Month, the fifteenth Business Day after the respective Due Date as stipulated in the Network Code; “Separate Business” means each of the following businesses of the Licensee (as appropriate):
Respective Licence means in respect of each of the Designated Pipe-line Operators the
Respective Licence means in respect of each of the Designated Pipe-line Operators the licence for the conveyance of gas granted to it pursuant to Article 8(1) of the Order or that part of a combined licence relating to the conveyance of gas;