Examples of Balancing Agreement in a sentence
Network User acknowledges and agrees that, except to the extent provided otherwise in the Attachment A of the Access Code for Transmission, the adherence to and due performance under the Balancing Agreement is required to use the Services and/or the ZTP Trading Services offered by the TSO and subscribed by Network User.
The TSO remains concurrently liable with the Balancing Operator and responsible for the good performance of the tasks delegated to Balancing Operator within the limits set forth in the Balancing Agreement.
After written notification by the Balancing Operator to the TSO that the Network User in the context of his Balancing Agreement with the Balancing Operator complies with all his obligations or, as applicable, has concluded a Balancing Agreement with the Balancing Operator, the aforementioned suspended Service(s) will be reactivated by the TSO within one (1) Business Day.
When a Network User has subscribed Service(s) for which a Balancing Agreement has to be concluded pursuant article 6 of the corpus of this Agreement and as long as the Balancing Operator has not confirmed to the TSO that the Network User has signed a Balancing Agreement, the Network User may not use these subscribed Service(s).
Allocation and Operational Balancing Agreement Gas is allocated at each Entry and Exit Point on an hourly basis.