T&S Commissioning Delay Event definition
T&S Commissioning Delay Event means an event or circumstance that prevents or delays the development, construction, completion, and/or commissioning of the relevant T&S Network and as a result prevents or delays the Facility from exporting captured CO2 Rich Stream to the relevant T&S Network (except to the extent that such event or circumstance arises out of or in connection with an act, omission breach or default of the Generator or its Representatives, including any breach by the Generator or its Representatives of an Industry Document). This includes but is not limited to the failure of the relevant T&S Operator to carry out in a timely manner: (A) any connection works specified in the T&S Construction Agreement; or (B) any required works to the relevant T&S Network in order for the Facility to export captured CO2 Rich Stream to the relevant T&S Network;
T&S Commissioning Delay Event means an event or circumstance that prevents or delays the development, construction, completion, and/or commissioning of the relevant T&S Network and as a result prevents or delays the Facility from exporting captured CO2 to the relevant T&S Network (except to the extent that such event or circumstance arises out of or in connection with an act, omission breach or default of the Developer or its Representatives, including any breach by the Developer or its Representatives of an Industry Document). This includes but is not limited to the failure of the relevant T&S Operator to carry out in a timely manner: (A) any connection works specified in the T&S Construction Agreement; or (B) any required works to the relevant T&S Network in order for the Facility to export captured CO2 to the relevant T&S Network.
T&S Commissioning Delay Event means an event or circumstance that prevents or delays the development, construction, completion, and/or commissioning of the relevant T&S Network and as a result prevents or delays the Capture Plant from exporting captured CO2 Rich Stream
Examples of T&S Commissioning Delay Event in a sentence
The Generator may, if it considers that a T&S Commissioning Delay Event has occurred and is still continuing, give a notice to the DPA Counterparty (a "TCDE Notice").
This mechanism follows the CCUS Programme Contracts and allows the Producer to manage the CO2 T&S Commissioning Delay Event in accordance with the Producer's priorities (for example, to deliver security of supply to its Offtakers).