Examples of Transferred Capacity in a sentence
These conditions may include a requirement that the New User enter into a Deed of Covenant under which it agrees to be bound by the Service Agreement insofar as it relates to the Transferred Capacity or to pay a deposit or bond in accordance with clause 9.13.
Without prejudice to Clause7, the Transferred Capacity under a Capacity Transfer in respect of which the Customer is the transferor may not exceed the amount of the Customer's Available Capacity held in respect of any Day or any hour during the Transfer Period.
The Offering Shipper will have no right to make Nominations, Renominations or Trade Notifications in respect of the Transferred Capacity and the Transporter will reject any such nomination or notification received from the Offering Shipper for the duration of that Transfer.
GGT will advise the User within 30 days of its consent to the transfer of the Transferred Capacity or it shall specify reasonable technical or commercial conditions that must be complied with in order for GGT to consent to the transfer of the Transferred Capacity.
They state that “Local People and Planners put many years of effort into achieving the conditions of the planning permissions.
For any Transferred Capacity, for the duration of the Transfer the Transporter will only accept Nominations, Renominations and Trade Notifications in respect of that Transferred Capacity from the Accepting Party.
Subject to Section 7.6, all other rights and obligations (including payment obligations) in respect of the Transferred Capacity remain with the Offering Shipper and the Offering Shipper will continue to be treated as the "Shipper" in respect of that Transferred Capacity.
Without prejudice to Clause77, the Transferred Capacity under a Capacity Transfer in respect of which the Customer is the transferor may not exceed the amount of the Customer's Available Capacity held in respect of any Day or any hour during the Transfer Period.
Under the Insurance Act 2009 insurance business is defined as the business of assuming the obligation of an insurer in any class of insurance whether defined in the Act or not, which is not declared to be exempt from the provisions of the Act in terms of Section 2 and includes assurance, reinsurance and reassurance.
Without prejudice to Clause 7, the Transferred Capacity under a Capacity Transfer in respect of which the Customer is the transferor may not exceed the amount of the Customer's Available Capacity held in respect of any Day or any hour during the Transfer Period.