Logistic Swap Provider definition
Examples of Logistic Swap Provider in a sentence
In case of CQ-PSV already Scheduled that needs to be reduced: i) the Customer shall be the Party issuing the Transaction (“emettere l’Operazione”) and ii) the Logistic Swap Provider shall be the Party accepting the Transaction (“accettare l’Operazione”) for the amount of CQ-PSV to be reduced.
In such case the Logistic Swap Provider may enforce the Bid Bond as partial payment for the Termination Amount.
The Customer may provide the Logistic Swap Provider with a new Customer’s Applicable Code at DPA to be used for matching purposes starting from the first Day of the following Month within the Total Supply Period at DPA, provided it communicated it to the Logistic Swap Provider at least five (5) Business Days before the beginning of such Month.
At least five (5) Business Days before the beginning of the Total Supply Period at DPA, the Customer shall provide the Logistic Swap Provider with the Customer’s Applicable Code at DPA.
During the Total Supply Period at DPA, the Logistic Swap Provider shall pay the Customer for the Delivered Quantity at DPA in respect of each DPA Time Unit of each Month at the Contract Price (“Contract Price at DPA” or “CP-DPA”) in accordance with the provisions of §13 (Invoicing and Payment) of the EFET Agreement.
Seller: Customer Buyer: Logistic Swap Provider Delivery Point: Delivery Point A [ X ] INTRA SYSTEM Relevant System: [(insert if DPA is NCG VTP H-Gas) Bayernets, Fluxys TENP, GRTgaz Deutschland, Open Grid Europe, terranets bw, Thyssengas.
The Weekly CQ Notice and the Daily CQ Notice shall be transmitted by the Customer to the Logistic Swap Provider via edig@s, if possible for both Parties, that shall make their reasonable efforts in such respect.
The format of the Weekly / Daily CQ Notice, similar to the template attached hereto as Annex G, shall be defined by the Logistic Swap Provider, that shall also provide an electronic version of the same.
Except in the cases provided for under Article 5 (Force Majeure and consequences at the Other Delivery Point), the Customer may modify the CQ-PSV set for the relevant Day in the above Weekly CQ Notice by transmitting to the Logistic Swap Provider, not later than 18:00 hours CET on the second Day before the relevant Day, the daily nomination of the CQ-PSV applicable for such relevant Day (“Daily CQ Notice”).
The Weekly CQ Notice and the Daily CQ Notice can be transmitted via fax, only in case the edig@s exchange and the e-mail system are out of order and provided that the Customer, with prior telephone notice, has informed the Logistic Swap Provider thereof.