Default provision for Daily Nomination Clause Samples
A Default Provision for Daily Nomination sets out the procedures that apply if a party fails to submit their required daily nomination, such as the quantity of a commodity to be delivered or received. Typically, this clause specifies a default quantity or method for determining the nomination in the absence of timely instructions, ensuring that operations can continue smoothly. Its core function is to prevent disruptions and disputes by providing a clear fallback mechanism when a party does not fulfill its nomination obligations.
Default provision for Daily Nomination. If the Shipper does not make an Initial Nomination complying with clause 8.6 or an Advance Nomination complying with clause 8.18 for a Gas Day for Capacity at an Inlet Point or at an Outlet Point, then the Shipper's Daily Nomination for that Gas Day for the Inlet Point or the Outlet Point (as the case may be) is taken as equal to the Shipper's Daily Nomination for the previous Gas Day at that Inlet Point or Outlet Point (as the case may be).