Balancing and Settlement Code Clause Samples
Balancing and Settlement Code. 22.9.1 The Company ceases to be a party to the Balancing and Settlement Code Framework Agreement other than in circumstances where the Company is able to carry on its distribution business; or
22.9.2 the Company breaches the Balancing and Settlement Code and such breach has or is reasonably likely to have a Material Adverse Effect.
Balancing and Settlement Code. 16.1.1 If:
16.1.1.1 there are any changes to the Balancing and Settlement Code or [insert]; and
16.1.1.2 as a result, either Party is unable to comply with one or more provisions of this Agreement, then [to be negotiated].
Balancing and Settlement Code. (a) A Distribution Company ceases to be a party to the Balancing and Settlement Code Framework Agreement other than in circumstances where that Distribution Company is able to carry on its distribution business; or
(b) a Distribution Company breaches the Balancing and Settlement Code and such breach has or is reasonably likely to have a Material Adverse Effect other than in circumstances where that Distribution Company is able to carry on its distribution business.