Eligibility conditions on standard price Sample Clauses

The 'Eligibility conditions on standard price' clause defines the specific requirements that must be met for a party to qualify for a standard pricing rate. Typically, this clause outlines criteria such as minimum purchase quantities, customer status, or compliance with certain terms, which must be satisfied to access the standard price rather than a higher or variable rate. By clearly stating these conditions, the clause ensures that only eligible parties benefit from standard pricing, thereby preventing misunderstandings and managing pricing expectations.
Eligibility conditions on standard price. It is your responsibility to assess if the standard price you are paying is appropriate for your circumstances based on eligibility conditions applicable to that standard price. You must advise us as soon as possible if you no longer meet the eligibility conditions applying to the standard price that you currently pay. If we discover that you are no longer eligible to receive the price that you currently pay, including because the premises are changed pursuant to clause 23.9(a), then we will advise you in writing of the new standard price that you must pay instead of the price that you currently pay. If you are no longer eligible to receive a particular standard price because we no longer offer that standard price we will notify you on or before the date of the withdrawal and offer you an alternative standard price. In the event you do not nominate an alternative standard price then we can advise you in writing of the new standard price you must pay. If you have been undercharged for your electricity supply because you were being charged at a standard price that you were not eligible to receive, then we can require you to pay to us the amount that you have underpaid for a period of up to 12 months prior to the date that we advise you of the new standard price or a longer period if the underpayment was directly attributable to your act or omission.
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Eligibility conditions on standard price. Residential standard price (a) the premises must be a dwelling (a house, flat, home unit or other place of residence) and the gas supplied there is solely for residential use; or (b) the premises is not a dwelling (a house, flat, home unit or other place of residence) but the gas supplied to the premises is separately metered and is solely for residential use. If you are paying a residential standard price, you must not use gas for a non-residential purpose and must advise us as soon as possible if you do so. If you do not qualify or no longer qualify for the residential standard price you must pay the business standard price. You must ensure you are on the correct standard price It is your responsibility to assess if the standard price you are paying is appropriate for your circumstances based on eligibility conditions applicable to that standard price. You must advise us as soon as possible if you no longer meet the eligibility conditions applying to the standard price that you currently pay. If we discover that you are no longer eligible to receive the price that you currently pay, then we can advise you in writing of the new standard price that you must pay instead of the price that you currently pay. If you are no longer eligible to receive a particular standard price because we no longer offer that standard price we will notify you on or before the date of the withdrawal and offer you an alternative standard price. In the event you do not nominate an alternative standard price then we can advise you in writing of the new standard price you must pay.
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Related to Eligibility conditions on standard price

  • ELIGIBILITY CONDITIONS The eligibility conditions specified in Adoption Agreement Section 2.01 are effective for Plan Years beginning after _______________________.

  • Limitations and Conditions on Benefits The benefits and payments provided under this Agreement shall be subject to the following terms and limitations:

  • Limitations on Fundamental Changes Neither the Borrower nor any Restricted Subsidiary will enter into any merger, consolidation or amalgamation, or liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease, assign, transfer or otherwise dispose of, all or substantially all of its property, business or assets, except: (a) any Restricted Subsidiary of the Borrower may be merged or consolidated (i) with or into the Borrower, provided that the Borrower shall be the continuing or surviving corporation, or (ii) with or into any one or more Restricted Subsidiaries of the Borrower, provided that the Restricted Subsidiary or Restricted Subsidiaries shall be the continuing or surviving entity and that, if either Subsidiary was a Guarantor, the continuing or surviving entity shall also be a Guarantor or become a Guarantor on the effective date of such merger or consolidation; (b) the Borrower or any Restricted Subsidiary may sell, lease, transfer or otherwise dispose of any or all of its assets (upon voluntary liquidation or otherwise) to the Borrower or any other Restricted Subsidiary of the Borrower; provided that, if the transferor is the Borrower or a Guarantor, the transferee shall be the Borrower or shall be a Guarantor or become a Guarantor on the effective date of such transaction; (c) any Restricted Subsidiary may sell, lease, transfer or otherwise dispose of any or all of its assets to the Borrower or any Restricted Subsidiary of the Borrower, whether existing on or created after the date of this Agreement, provided that if the transferor is a Guarantor, the transferee shall be the Borrower or a Guarantor; and (d) sales, conveyances, leases, assignments, transfers or other dispositions of property, business or assets permitted under Section 6.15.

  • Right of Holders to Require the Company to Repurchase Notes Upon a Fundamental Change Subject to the other terms of this Section 4.02, if a Fundamental Change occurs, then each Holder will have the right (the “Fundamental Change Repurchase Right”) to require the Company to repurchase such Holder’s Notes (or any portion thereof in an Authorized Denomination) on the Fundamental Change Repurchase Date for such Fundamental Change for a cash purchase price equal to the Fundamental Change Repurchase Price.

  • REQUIREMENT ON ELIGIBILITY AND REGISTRATION OF E-BIDDERS 1.1. Any interested party who intend to participate in the online public auction ("E-Bidders") auction can register as a user by logging onto PAH Website 1.2. To participate in the online public auction, the party shall: a) be an individual: 18 years and above, of sound mind and not a bankrupt; b) be a corporate body: incorporated under the laws of Malaysia and must not be in liquidation and be able to take, fulfil and perform all necessary actions, conditions and matters (including obtaining any necessary consents) in terms of law to enable E-bidders to participate in the public auction and complete the purchase in the event of successful bid. 1.3. To register as a user, a party is required to submit/upload the following documents through PAH Website: a) Individual: Photocopy of NRIC/Passport b) Corporate: i) Memorandum and Articles of Association/Constitution of company ii) Board of Directors Resolution iii) Form 24, Form 44, From 49 or equivalent under companies Act 2016 or other applicable laws and a duly signed Board of Director's Resolution. 1.4. E-Bidders eligibility requirements are also subject to the existing Federal and State legal provisions. Foreign nationals or companies are also advised to take note of restrictions applicable on foreign purchase imposed by the relevant authorities. 1.5. E-Bidders only need to register once with true, current and accurate information provided and this registration can be applied for future auctions on PAH Website. 1.6. E-bidders are responsible to identify the property correctly and to ensure that all the details and description are correct and accurate before bidding. 1.7. It is the sole and absolute responsibility of all intending E-Bidders and at the E-Bidders' own costs and expenses, seek and obtain from the Developer and/or the relevant authorities or bodies, all confirmations and/or consents as may be required or as may be applicable in respect of the purchase of the Property and to satisfy themselves on the physical condition of the Property and all matters in connection with the Property prior to the bidding(including and not limited to verifying the identity, particulars, state and condition of the Property and the terms of the conditions and restrictions affecting the Property if any, whether or not the Property is reserved for Bumiputera or Malay Reserved only and/or is a low cost property, and matters relating to the ownership and transfer of the Property, the status of the separate document of title to the Property and its particulars, the liabilities including amounts of outstanding service or maintenance charges owing and other obligations pertaining to the Property and the E-bidders' eligibility and qualification to purchase the Property). E-Bidders shall be deemed to have full knowledge of all of the matters aforesaid. The Auctioneer,the Assignee/Bank, the Assignee/Bank's solicitors, PAH website and their respective agents or servants do not in any way make representation or warranty in respect of any of the aforesaid and shall not in any way be responsible or liable to the E-Bidders in respect of any of the aforesaid. 1.8. The registration of an individual or company as an E-Bidder on the PAH website shall not be construed as approval of eligibility of the intended bidder to conclude the auction sale.