Timely Instructions. The timeliness of the instructions provided by the Counterparty for purposes of Sections 3.1 and 3.2 shall be determined by ascertaining whether BP was given a commercially reasonable amount of time from BP’s receipt of the nomination and scheduling instructions from the Counterparty prior to the nominating and scheduling deadlines established by the applicable Pipeline.
Appears in 2 contracts
Sources: Operational Agency Agreement, Operational Agency Agreement (Cubic Energy Inc)