Common use of Confirmed Quantities Clause in Contracts

Confirmed Quantities. (a) If, under clause 14.2, the provisions of clause 15.3(b) apply at a Receipt Point, Service Provider will use reasonable endeavours to continue to seek Confirmed Quantities from the Interconnect Parties for that Receipt Point and, if those Confirmed Quantities are provided, Service Provider will reallocate the Actual Receipts accordingly. (b) Notwithstanding clause 14.3(a), Service Provider will be under no obligation to make a reallocation under clause 14.3(a), after the fifth Day of the Month following the Month to which the reallocation relates. (c) If Service Provider makes a reallocation under clause 14.3(a), User will be liable for Excess Imbalance Charges on the basis of the Confirmed Quantities, and if those charges have previously been imposed on the basis of a determination under clause 15.3(b), Service Provider will make the necessary adjustments in the next invoice issued under this Agreement. (d) Service Provider is under no obligation to make a reallocation where the Interconnect Party provides a confirmation for a Day under clause 14.2 but subsequently changes the Confirmed Quantities for that Day.

Appears in 2 contracts

Sources: Gas Transportation Agreement, Gas Transportation Agreement

Confirmed Quantities. (a) If, under clause 14.213.2, the provisions of clause 15.3(b14.2(c) apply at a Receipt Point, Service Provider will use reasonable endeavours to continue to seek Confirmed Quantities from the Interconnect Parties for that Receipt Point and, if those Confirmed Quantities are provided, Service Provider will reallocate the Actual Receipts accordingly. (b) Notwithstanding clause 14.3(a13.3(a), Service Provider will be under no obligation to make a reallocation under clause 14.3(a13.3(a), after the fifth Day of the Month following the Month to which the reallocation relates. (c) If Service Provider makes a reallocation under clause 14.3(a13.3(a), User will be liable for Excess Imbalance Charges on the basis of the Confirmed Quantities, and if those charges have previously been imposed on the basis of a determination under clause 15.3(b14.2(c), Service Provider will make the necessary adjustments in the next invoice issued under this Agreement. (d) Service Provider is under no obligation to make a reallocation where the Interconnect Party provides a confirmation for a Day under clause 14.2 13.2 but subsequently changes the Confirmed Quantities for that Day.

Appears in 1 contract

Sources: Gas Transportation Agreement