Pipeline User to Refresh. Whenever the amount that the Tubridgi Parties may claim under the bank guarantee or undertaking is less than the Charges for which the Pipeline User would then become liable over a period of two months (based on the assumption mentioned in the previous sub-clause), the Pipeline User must within 14 days cause or procure the issuing bank to increase the amount available under that bank guarantee or undertaking so that it is not less than the Charges for which the Pipeline User would then become liable over a period of two months (based on that assumption).
Appears in 2 contracts
Sources: Access Arrangement, Access Arrangement
Pipeline User to Refresh. Whenever the amount that the Tubridgi Parties may claim under the bank guarantee or undertaking is less than the Charges for which the Pipeline User would then become liable over a period of two months (based on the assumption mentioned in the previous sub-clause), the Pipeline User must within 14 days cause or procure the issuing bank to increase the amount available under that bank guarantee or undertaking so that it is not less than the Charges for which the Pipeline User would then become liable over a period of two months (based on that assumption).
Appears in 1 contract
Sources: Access Arrangement