Covered Pipeline definition

Covered Pipeline means, subject to sections 2.3 and 2.4, the whole or a particular part of a Pipeline which is Covered and any extension to, or expansion of the Capacity of, that Covered Pipeline which is to be treated as part of the Covered Pipeline in accordance with the Extensions/Expansions Policy contained in the Access Arrangement for that Covered Pipeline and any expansion of that Covered Pipeline required to be installed under section 6.22.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Covered Pipeline means that part of the Pipeline which is, or which under this

Covered Pipeline means that part of the MSP which is, or which under this Access Arrangement is taken to be, a Covered Pipeline and includes any expansion or extension of the MSP, or any pipeline acquired by EAPL, which is Covered in accordance with clause 14. Where the Moomba Wilton Pipeline is Covered, “Covered Pipeline” includes the Interconnect.

Examples of Covered Pipeline in a sentence

Under the National Gas Rules, the owner or operator of a Covered Pipeline is required to lodge an Access Arrangement with (and have it approved by) the Australian Energy Regulator.
In accordance with Section 8.27 of the Code, the capital base shall be reduced based on the following principles: • any assets that cease to contribute to the delivery of Services to End Users shall be removed from the capital base; • costs associated with a decline in the volume of sales of Services provides by means of the Covered Pipeline will be shared between Allgas and Users; and • the value attributable to assets that are sold shall be removed from the capital base.
If an Access Arrangement submitted under Section 2.3 expires, the Covered Pipeline the subject of the Access Arrangement ceases to be Covered on the expiry date.
Service Provider has the meaning given to that term under the National Gas Access Law and, for the purposes of the Template Service Agreement [and this Service Agreement],<Service Provider> is a Service Provider for the ATCO GDS and also the Covered Pipeline Service Provider for the ATCO GDS.
The Relevant Regulator must not accept an Access Arrangement which states that the Covered Pipeline is a Market Carriage Pipeline unless the Relevant Minister of each Scheme Participant in whose Jurisdictional Area the Pipeline is wholly or partly located has given a notice to the Relevant Regulator permitting the Covered Pipeline to be a Market Carriage Pipeline.
Covered Pipeline which is described in the Access Arrangement as a Contract Carriage Pipeline must include a policy that explains the rights of a User to trade its right to obtain a Service to another person (a Trading Policy).
Capacity means the measure of the potential of a Covered Pipeline as currently configured to deliver a particular Pipeline Service between a Receipt Point and a Delivery Point at a point in time.
The Capital Base for a Covered Pipeline may be increased from the commencement of a new Access Arrangement Period to recognise additional capital costs incurred in constructing, developing or acquiring New Facilities for the purpose of providing Services (New Facilities Investment).

More Definitions of Covered Pipeline

Covered Pipeline has the meaning given to it in the National Gas Law. CPI means the Consumer Price Index All Groups, Weighted Average of Eight Capital Cities published by the Australian Bureau of Statistics.

Covered Pipeline means the whole or a part of a pipeline, which is subject to an Access Arrangement, together with the whole, or part of any other pipeline, which a regulator decides, shall be covered.

Covered Pipeline means that part of the MSP which is, or which under this Access Arrangement is taken to be, a Covered Pipeline and includes any expansion or extension of the MSP which is Covered in accordance with clause 14.

Covered Pipeline has the meaning given to that term in section 2 of the National Gas Access Law.