Change of Flow Direction Clause Samples

The Change of Flow Direction clause establishes the conditions under which the direction of flow—such as water, gas, or other substances—within a system or pipeline may be altered. Typically, this clause outlines the procedures for requesting and approving a change, specifies any technical or safety requirements, and may assign responsibility for costs or operational impacts resulting from the change. Its core practical function is to ensure that any modifications to flow direction are managed safely and efficiently, minimizing operational disruptions and clarifying responsibilities among the parties involved.
Change of Flow Direction. If the composition of gas (‘entry non-compliant gas’) being offtaken from the National Grid Gas System at the CSEP is such that such gas would not comply with any of the Gas Entry Conditions, and subsequently the direction of flow of gas in the IUK System is to be reversed so that such gas will be delivered to the National Grid Gas System at the SEP: (a) IUK shall give notice to National Grid Gas thereof not less than 1 hour before delivery of gas to the National Grid Gas System at the SEP is to commence; (b) the Operators shall, having regard to the reasonable requirements of each Operator, agree a programme for the redelivery to the National Grid Gas System of the quantity (the ‘allowed quantity’) of such entry non-compliant gas which was so offtaken. The allowed quantity shall be adequate to allow the redelivery of the quantity of such entry non-compliant gas as was delivered from the National Grid Gas System to the IUK System; (c) for the period of redelivery, in accordance with such programme, to the National Grid Gas System at the SEP of the gas which was offtaken from the National Grid Gas System at the CSEP, in a quantity not exceeding the allowed quantity, the Gas Entry Conditions shall be relaxed so as to be equal to the values of the relevant characteristics of the entry non- compliant gas which was originally offtaken from the National Grid Gas System.
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Related to Change of Flow Direction

  • CHANGE OF T-PIN The Account Holder may change his T-PIN from time to time in accordance with the Bank’s prescribed procedure then prevailing. The Bank shall be entitled, in its reasonable discretion but without liability and without giving any reason, to reject any selection made by the Account Holder as his substituted T-PIN; if the Bank so approves, such substituted T-PIN, shall take effect from the time of receipt by the Bank of such instructions from the Account Holder. The Account Holder shall take all steps not to select such numbers as a substitute T-PIN which may easily be ascertained or otherwise facilitate fraud or forgery.

  • Change of Management Not to make any substantial change in the present executive or management personnel of the Borrower.

  • Change of Control/Change in Management (i) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934 (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than twenty five percent (25%) of the total voting power of the then outstanding voting stock of the Parent entitled to vote for the election of directors; (ii) During any period of 12 consecutive months, individuals who at the beginning of any such 12-month period constituted the Board of Directors (or equivalent body) of the Parent (together with any new directors whose election by such Board of Directors or whose nomination for election by the shareholders of the Parent was approved by a vote of a majority of the directors then still in office who were either directors at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute at least a majority of the Board of Directors (or equivalent body) of the Parent; or (iii) the Parent shall cease to own and control, directly or indirectly, more than 85% of the outstanding Equity Interests of the Borrower, free and clear of any Liens (other than in favor of the Administrative Agent); or any Person or group shall own, directly or indirectly, an equal or greater percentage of the outstanding Equity Interests of the Borrower than the percentage held by the Parent; or the acquisition of direct or indirect Control of the Borrower by any Person or group other than the Parent; or (iv) (A) General Partner shall cease to be a Wholly Owned Subsidiary of the Parent, (B) the Parent, General Partner or a Wholly-Owned Subsidiary of the Parent cease to have the sole and exclusive power to exercise all management and control over the Borrower or (B) the Parent, General Partner or a Wholly-Owned Subsidiary of the Parent shall cease to be the sole general partner of the Borrower; or (v) the Borrower shall cease to own and control, directly or indirectly, 100% of the outstanding Equity Interests of each Eligible Property Subsidiary and each other Subsidiary Guarantor (other than Subsidiary Guarantors under clause (vii) of the definition of “Required Guarantor”), in each case free and clear of any liens (other than in favor of the Administrative Agent).

  • Change of agreement (a) We may at any time vary, modify, add to or delete the terms and conditions of this agreement and the Privacy Circular and we will notify you of any such changes in such manner as we may, in our reasonable discretion, deem fit. (b) If you do not accept such changes, you may terminate your card account in accordance with clause 10 within 10 days after we have given such notice of change. (c) If you retain or use the card or the PIN or otherwise operate the card account after we have given such notice of change, you will be deemed to have accepted such changes without reservation.

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.