Uniform Network Code Clause Samples
The Uniform Network Code (UNC) is a standardized set of rules and procedures governing the operation, use, and management of the gas transportation system in the UK. It sets out the rights and obligations of all parties involved in the gas market, including shippers, suppliers, and transporters, covering areas such as gas balancing, nominations, and settlement processes. By providing a consistent regulatory framework, the UNC ensures efficient, transparent, and fair operation of the gas network, reducing disputes and promoting market stability.
Uniform Network Code. 4.1.1 Each Party now agrees to adopt, or has already adopted, the Uniform Network Code, and each Additional Party upon execution of an Accession Agreement agrees to adopt the Uniform Network Code.
4.1.2 The Parties shall procure that a copy of the Uniform Network Code (and any amendments made to it) is submitted by the Secretary to the Authority in the form (or forms) required by the Authority and in accordance with the requirements of each Party's Transporter's Licence.
Uniform Network Code. 5.1 A copy of the Uniform Network Code as modified from time to time is freely available on a website the details of which will be communicated to the Operator. [5.2 As between the Relevant Shipper(s) and National Grid Gas, this Agreement shall constitute an Ancillary Agreement for the purposes of the Uniform Network Code and the Relevant User shall secure that the Operator is provided with a copy of this Agreement and any amendments thereto.]
Uniform Network Code. 3.1 This Agreement shall remain in force notwithstanding any modification from time to time to the Uniform Network Code.
3.2 Nothing in this Agreement shall modify the terms on which, pursuant to the Uniform Network Code, the DNO may offtake gas from the NTS.
3.3 In the event that the Uniform Network Code is modified or changes are made to the Gas ▇▇▇ ▇▇▇▇ (as amended), the National Grid NTS Gas Transporters Licence, the DNO’s Gas Transporters Licence, or the gas regulatory regime which would result in either Party being unable lawfully to perform this Agreement, the Parties agree to meet in good faith to discuss how this Agreement may be amended to take account of such modification or change. The Parties agree to make amendments to the terms of this Agreement from time to time to such extent (if any) as is necessary to make the terms of this Agreement consistent with the principles behind the relevant modifications or changes.
3.4 In the event that a Party is unable lawfully to perform its obligations as a result of any of the circumstances described in Clause 3.3 and the DNO has applied to the Authority for a determination under Section 19 of the Gas ▇▇▇ ▇▇▇▇ (as amended), the Reduction Period Start Date shall be postponed or the Reduction Period extended (as the case may be) by a period equal to the period from the date the said Section 19 application was made to the date the Authority’s determination was issued.