Common use of Transaction Terms Clause in Contracts

Transaction Terms. (a) The terms and conditions applicable to each binding Transaction entered into between the Trader and Synergy pursuant to this Agreement will comprise: (1) these General Terms; (2) the terms set out in the Confirmation applicable to that Transaction; and (3) the Transaction Terms set out in Schedule 3. (b) If there is any inconsistency between the General Terms, the Transaction Terms and the terms of any Confirmation in respect of a particular Transaction, the terms shall apply in the following order of priority: (1) the applicable Confirmation; (2) the Transaction Terms; and

Appears in 3 contracts

Sources: Bilateral Trade Agreement for Electricity, Bilateral Trade Agreement for Electricity, Bilateral Trade Agreement for Electricity