Transpower may accept a Clause Samples
The 'Transpower may accept a' clause grants Transpower the authority to approve or agree to certain proposals, requests, or conditions within the context of the agreement. In practice, this means that Transpower has discretion to determine whether to accept submissions such as applications for connection, variations to service, or other contractual requests made by another party. This clause ensures that Transpower retains control over key decisions, allowing it to manage operational risks and maintain oversight over changes that could affect its services or obligations.
Transpower may accept a. Bid by making a Call on the Block to which the Bid relates in accordance with clause 4. Transpower may accept the Bid even if it was received by Transpower after the Bid deadline in the relevant Offer. If Transpower does not make a Call on the Block in accordance with clause 4 then the Bid is not accepted.