Nomination Arrangements Sample Clauses

Nomination Arrangements. This paragraph 3 summarises certain provisions of each Linked Transporter’s Transportation Arrangements relating to Nominations, on the basis of which this Annex operates; and each Linked Transporter confirms that it considers its Transportation Arrangements to be consistent with this paragraph 3 and otherwise compatible with the provisions of this Annex.
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Nomination Arrangements. 3.1 This paragraph 3 summarises certain provisions of each Linked Transporter’s Transportation Arrangements relating to Nominations, on the basis of which this Annex operates; and each Linked Transporter confirms that it considers its Transportation Arrangements to be consistent with this paragraph 3 and otherwise compatible with the provisions of this Annex. 3.2 Nominations contain the data necessary to enable each of the Linked Transporters to perform its responsibilities under paragraph 5. 3.3 Renominations may be submitted no earlier than 15:00 on Gas Day D-1 and thereafter until 02:00 on Gas Day D. 3.4 For a Renomination submitted within any hour (H): (a) the Renomination is treated as submitted at the start of hour H+1 (renomination submission time); (b) the Renomination Effective Time must be an exact hour no earlier than 2 hours after the renomination submission time (and not earlier than the start of the Gas Day) and not later than 04:00 on the Gas Day. 3.5 For any Nomination, the Linked Transporter will notify the Confirmed Nomination Quantity to the Shipper no later than 2 hours after: (a) in the case of an Initial Nomination, the deadline for submission referred to in the definition of Nomination Deadline in paragraph 2.1; (b) in the case of a Renomination, the renomination submission time. 3.6 The Parties agree and acknowledge that: (a) under the Interconnection Agreement, GNI (UK) is responsible for preparing and submitting (and, where a Curtailment Notice is given or where GNI (UK) is constrained and is unable to take delivery of some or all of the quantity as specified in the then prevailing Exit Flow Profile, revising) an Exit Flow Profile which complies with the requirements of Annex [B-2] of that Agreement (a compliant Exit Flow Profile); (b) under arrangements between GNI (UK) and PTL in the GNI (UK) / PTL Transportation Agreement (and equivalent arrangements between GNI (UK) and GNI): (i) GNI (UK) will derive the Exit Flow Profile in accordance with the methodology published by GNI (UK) in accordance with the provisions of the Interconnection Agreement; (ii) PTL will be responsible for determining or redetermining an aggregate end- of-day quantity based on the sum of the PTL Confirmed Nomination Quantities along with a quantity to be offtaken at the Interconnection Point for Stranraer so that GNI (UK) can prepare a compliant Exit Flow Profile, including in a case where NGG gives a Curtailment Notice or where GNI (UK) is constrained and...
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Nomination Arrangements. 3.1 3.1 This paragraph 3 summarises certain provisions of each Linked Transporter’s Transportation Arrangements relating to Nominations, on the basis of which this Annex operates; and each Linked Transporter confirms that it considers its Transportation Arrangements to be consistent with this paragraph 3 and otherwise compatible with the provisions of this Annex. 3.2 3.2 Nominations contain the data necessary to enable each of the Linked Transporters to perform its responsibilities under paragraph 5. 3.3 3.3 Renominations may be submitted no earlier than 15:00 on Gas Day D-1 and thereafter until 02:00 on Gas Day D.
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Nomination Arrangements. 3.1 This paragraph 3 summarises certain provisions of each Operator's Transportation Arrangements relating to Nominations, on the basis of which this Appendix operates; and each Operator confirms that it considers its Transportation Arrangements to be consistent with this paragraph 3 and otherwise compatible with the provisions of this Appendix. 3.2 NGG Nominations specify Nomination Quantities as Daily Quantities, and CSO Nominations specify Nomination Quantities as Hourly Quantities.
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Nomination Arrangements. This paragraph 3 summarises certain provisions of each Party's Transportation Arrangements relating to Nominations, on the basis of which this Schedule operates; and each Party confirms that it considers its Transportation Arrangements to be consistent with this paragraph 3 and otherwise compatible with the provisions of this Schedule 8.
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Related to Nomination Arrangements

  • Compensation Arrangements (a) Following receipt of an RoU Claim Notice in respect of a Type 2 Restriction of Use, Network Rail and the Train Operator shall (if they have not already done so) commence negotiations in respect of the RoU Direct Costs compensation to be paid by one party to the other in respect of such Type 2 Restriction of Use and, subject to paragraph 10, shall continue such negotiations in good faith until they are concluded. (b) Once the compensation referred to in paragraph 6.1(a) has been agreed or determined (and has been compared against any amounts calculated under paragraph 4 together with any other amounts paid or due to the Train Operator from Network Rail in relation to such Restriction of Use) then, in the event of: (i) a shortfall for the Train Operator, the compensation to be paid by Network Rail to the Train Operator shall be the full amount of the RoU Direct Costs actually incurred by the Train Operator less any amounts calculated under paragraph 4 which have already been paid or are due for such Restriction of Use and any other amounts in respect of any RoU Direct Costs received by the Train Operator from Network Rail in respect of such Restriction of Use; or (ii) an overpayment by Network Rail to the Train Operator, the compensation to be paid by the Train Operator to Network Rail shall be the difference between the amount received by the Train Operator which was calculated under paragraph 4 and the RoU Direct Costs actually incurred by the Train Operator in respect of such Restriction of Use. (c) Network Rail shall include in the statement provided by it in respect of each Period under paragraph 13.1(a) details of the compensation agreed or determined under this paragraph 6 and paragraph 10 to be payable in respect of any Type 2 Restriction of Use taken in that Period and that compensation shall be due and payable by the relevant party to the other in accordance with paragraph 13.1.

  • Implementation Arrangements Institutional Arrangements

  • Distribution Arrangements Subject to compliance with the 1940 Act, the Trustees may retain underwriters and/or placement agents to sell Trust Shares. The Trustees may in their discretion from time to time enter into one or more contracts, providing for the sale of the Shares of the Trust, whereby the Trust may either agree to sell such Shares to the other party to the contract or appoint such other party its sales agent for such Shares. In either case, the contract shall be on such terms and conditions as the Trustees may in their discretion determine not inconsistent with the provisions of this Article IV or the By-Laws; and such contract may also provide for the repurchase or sale of Shares of the Trust by such other party as principal or as agent of the Trust and may provide that such other party may enter into selected dealer agreements with registered securities dealers and brokers and servicing and similar agreements with persons who are not registered securities dealers to further the purposes of the distribution or repurchase of the Shares of the Trust.

  • GOVERNANCE ARRANGEMENTS Enforceability of the Agreement

  • Advisory Management and Distribution Arrangements 4.1 Advisory and Management Arrangements. Subject to the requirements of applicable law as in effect from time to time, the Trustees may in their discretion from time to time enter into advisory, administration or management contracts (including, in each case, one or more sub-advisory, sub-administration or sub-management contracts) whereby the other party to any such contract shall undertake to furnish the Trustees such advisory, administrative and management services, with respect to the Trust as the Trustees shall from time to time consider desirable and all upon such terms and conditions as the Trustees may in their discretion determine. Notwithstanding any provisions of this Declaration, the Trustees may authorize any advisor, administrator or manager (subject to such general or specific instructions as the Trustees may from time to time adopt) to effect investment transactions with respect to the assets on behalf of the Trustees to the full extent of the power of the Trustees to effect such transactions or may authorize any officer, employee or Trustee to effect such transactions pursuant to recommendations of any such advisor, administrator or manager (and all without further action by the Trustees). Any such investment transaction shall be deemed to have been authorized by all of the Trustees.