Summary of Trader’s general obligations Sample Clauses
The 'Summary of Trader’s general obligations' clause defines the fundamental duties and responsibilities that a trader must uphold under the agreement. Typically, this includes requirements such as complying with applicable laws, acting in good faith, maintaining accurate records, and fulfilling contractual commitments in a timely manner. For example, a trader may be obligated to ensure that all transactions are properly documented and that any goods or services provided meet agreed-upon standards. The core function of this clause is to clearly outline the baseline expectations for the trader’s conduct, thereby reducing ambiguity and helping to prevent disputes over performance or compliance.
Summary of Trader’s general obligations. In summary, this Agreement requires the Trader to perform obligations as follows:
(a) pay for Distribution Services and provide billing information under clause 9 and Schedule 2;
(b) meet prudential requirements under clause 10;
(c) provide service interruption information under clause 4 and Schedule 5;
(d) carry out load control as permitted under clause 5, Schedule 1, and Schedule 8;
(e) provide information to enable the Distributor to calculate Loss Factors under clause 6;
(f) select Price Options and, if appropriate, request a new Price Category for an ICP under clause 8;
(g) process applications for new connections or changes to the capacity of existing connections, and provide information about ICPs to be disconnected, reconnected, or decommissioned, under clause 17 and Schedule 6;
(h) have a Customer Agreement with each Customer for the supply of electricity that contains terms that meet the requirements of clause 29, including procuring from each Customer;
(i) access to Customer's Premises for the Distributor under clause 11;
(ii) non-interference and damage undertakings under clause 12;
(iii) an undertaking that Customer Installations will comply with the Distributor's Network Connection Standards under clause 13;
(iv) acknowledgement of the possible effects of momentary fluctuations under clause 14; and
(v) acknowledgement that the Customer is responsible for Customer Service Lines under clause 15 and tree trimming under clause 16; and
(i) provide information in accordance with EIEPs and respond to requests from the Distributor for Customer information under clause 31 and Schedule 3.
Summary of Trader’s general obligations. In summary, this Agreement requires the Trader to perform obligations as follows:
(a) pay for Distribution Services and provide billing information under clause 9 and Schedule 2;
(b) meet prudential requirements under clause 10;
(c) provide service interruption information under clause 4 and Schedule 5;
(d) carry out load control as permitted under clause 5, Schedule 1, and Schedule 8;
(e) provide information to enable the Distributor to calculate Loss Factors under clause 6;
(f) select Price Options and, if appropriate, request a new Price Category for an ICP under clause 8;
(g) process applications for new connections or changes to the capacity of existing connections, and provide information about ICPs to be disconnected, reconnected, or decommissioned, under clause 17 and Schedule 6;
(h) have a Customer Agreement with each Customer for the supply of electricity that contains terms that meet the requirements of clause 29, including procuring from each Customer;
(i) access to Customer's Premises for the Distributor under clause 11;
Summary of Trader’s general obligations. In summary, this Agreement requires the Trader to perform obligations as follows: pay for Distribution Services and provide billing information under clause 9 and Schedule 2; meet prudential requirements under clause 10; provide service interruption information under clause 4 and Schedule 5; carry out load control as permitted under clause 5, Schedule 1, and Schedule 8; provide information to enable the Distributor to calculate Loss Factors under clause 6; select Price Options and, if appropriate, request a new Price Category for an ICP under clause 8; process applications for new connections or changes to the capacity of existing connections, and provide information about ICPs to be disconnected, reconnected or decommissioned, under clause 17 and Schedule 6; have a Customer Agreement with each Customer for the supply of electricity that contains terms that meet the requirements of clause 29, including procuring from each Customer:
(i) access to Customer’s Premises for the Distributor under clause 11;
(ii) non-interference and damage undertakings under clause 12;
(iii) an undertaking that Customer Installations will comply with the Distributor's Network Connection Standards under clause 13;
(iv) acknowledgement of the possible effects of momentary fluctuations under clause 14; and
(v) acknowledgement that the Customer is responsible for Customer Service Lines under clause 15 and tree trimming under clause 16; and provide information in accordance with EIEPs and respond to requests from the Distributor for Customer information under clause 31 and Schedule 3.
Summary of Trader’s general obligations. In summary, this Agreement requires the Trader to perform obligations as follows: