Common use of Determination of Appropriations and Distributions Clause in Contracts

Determination of Appropriations and Distributions. 18.7.1 A TA Signatory may elect to discharge its Net Financial Liability and its other Distribution Liabilities in full or in part by Payment to the Company in accordance with Clause 55.4.2. 18.7.2 A TA Signatory may elect to reduce its outstanding Net Financial Liability by the amount of any Collateral Amount that it may have against the Company in accordance with Clause 55.4.4. 18.7.3 A Signatory may elect to make a Collateralisation Election under Clause 59. 18.7.4 After determining the Net Contractual Position of a TA Signatory and one or more Allocations to that TA Signatory in respect of an Asset Pool, the Company will determine Appropriations and Distributions to such TA Signatory in respect of its Allocations in accordance with Part 11.