Common use of Effect of Neutrality Auditor's report Clause in Contracts

Effect of Neutrality Auditor's report. 9.3.1 Where the report of the Neutrality Auditor contains a recommendation to the effect that the provisions of the Code as to the calculation of Neutrality Charges and Relevant Incentive Charges would be materially better implemented by a change in the procedures and controls adopted by National Grid NTS for such calculation, National Grid NTS will take all reasonable steps to comply with such recommendations, unless the Authority shall upon the application of National Grid NTS give Condition A11(18) Approval to its not doing so.

Appears in 30 contracts

Samples: www.gasgovernance.co.uk, www.gasgovernance.co.uk, www.gasgovernance.co.uk

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