Common use of Background and Structure Clause in Contracts

Background and Structure. 1.1 The Customer has agreed to participate in the Company's managed supply initiative, which aims to: (i) release previously untapped emergency network capacity for everyday use; (ii) enable savings by changing the way electricity is used; (iii) reduce infrastructure improvement costs being passed to customers; and (iv) deliver environmental benefits to the North West region and the entire UK. 1.2 The Company is proposing a solution whereby the Customer's incoming supply is controlled by the Company without notice for the purpose of its demand response activities ("Managed Supply"). 1.3 As part of Managed Supply, the Parties agree to the Connection of the Customer's Installation to the Company's Distribution System on the terms and conditions of this Managed Connection Agreement. 1.4 This Managed Connection Agreement consists of these General Provisions and the three additional parts: (i) Part A sets out the specific variations to Section 1 and Section 3 of the National Terms of Connection ("Applicable NTC Sections"); Part B sets out the additional terms that supplement the Applicable NTC Sections; and (iii) Part C sets out the Appendices. 1.5 Details of the Premises, the Connection Points, the technical characteristics of the Connection Points and other technical and operational matters are set out in Part C to this Managed Connection Agreement. 1.6 In consideration of the mutual rights and undertakings set out in this Managed Connection Agreement and of the monetary consideration set out in Part B, the Parties agree to the terms and conditions set out in this Managed Connection Agreement.

Background and Structure. 1.1 The Customer has agreed to participate in the Company's managed supply initiative, which aims to: (i) release previously untapped emergency network capacity for everyday use; (ii) enable savings by changing the way electricity is used; (iii) reduce infrastructure improvement costs being passed to customers; and (iv) deliver environmental benefits to the North West region regions and the entire UK. 1.2 The Company is proposing a solution whereby the Customer's incoming supply is controlled by the Company without notice for the purpose of its demand response activities ("Managed Supply"). 1.3 As part of Managed Supply, the Parties agree to the Connection of the Customer's Installation to the Company's Distribution System on the terms and conditions of this Managed Connection Agreement. 1.4 This Managed Connection Agreement consists of these General Provisions and the three additional parts: (i) Part A sets out the specific variations to Section 1 and Section 3 of the National Terms of Connection ("Applicable NTC Sections"); Part B sets out the additional terms that supplement the Applicable NTC Sections; and (iii) Part C sets out the Appendices. 1.5 Details of the Premises, the Connection Points, the technical characteristics of the Connection Points and other technical and operational matters are set out in Part C to this Managed Connection Agreement. 1.6 In consideration of the mutual rights and undertakings set out in this Managed Connection Agreement and of the monetary consideration set out in Part B, the Parties agree to the terms and conditions set out in this Managed Connection Agreement.