Network Interconnection Point definition
Examples of Network Interconnection Point in a sentence
Should a Shipper be partially or totally replaced by another shipper for the supply of a Recipient at a Regional Network Interconnection Point, the Parties agree to reduce Daily or Hourly Delivery Capacity, Daily Transmission Capacity on the Regional Network and Daily Exit Capacity on the Main Network related to that point as specified in Appendix 2 to the Contract in the same proportions.
For any Consumer Delivery Point and for any Regional Network Interconnection Point, the Shipper has the option of subscribing annual Interruptible Capacity, provided all Firm Capacity has been sold at that point.
GRTgaz shall be released from its delivery obligations under the terms of the Contract at a Regional Network Interconnection Point in the event that the Interconnection Agreement in respect of the said point is not entered into, is suspended or is terminated, or that the Operator concerned fails to comply with its obligations under the terms of the said Interconnection Agreement.
A Regional Network Interconnection Point is associated with a single Exit Zone.
This term is applied to a capacity level equal to the Daily Delivery Capacity of the aforementioned PLC and corresponds to a tariff reduction of 50% (fifty per cent) on the Firm Daily Entry Capacity on the nearest Network Interconnection Point to the PLC, and of 50% (fifty per cent) on the Firm Daily Exit Capacity of the Main Network for the PLC.
GRTgaz is under no obligation to deliver to a Network Interconnection Point, on any Day, a quantity of Gas with an Energy Content in excess of the Daily Exit Capacity at this Network Interconnection Point.
Daily Entry Capacity and Daily Exit Capacity at the Network Interconnection Point as defined in the Sub-clause entitled “Backhaul Capacity” in Section B.
This request is deemed to be equal to the difference between the shipper’s Nomination and the Initial Operational Capacity on that Network Interconnection Point (over-nomination).
Daily Delivery Capacity at the Regional Network Interconnection Point ▇▇▇▇▇▇ allocated by GRTgaz is strictly equal in quantity and duration to the capacity allocated by the Operator of the adjacent network.
GRTgaz’s obligations in respect of the characteristics and the pressure of the Gas delivered at any Transport Storage Interface Point or at any Network Interconnection Point or at any Regional Network Interconnection Point are defined in the Interconnection Agreement relating to the relevant point.