Critical Contingency definition

Critical Contingency has the same meaning in the Gas Governance (Critical Contingency Management) Regulations 2008;

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Critical Contingency has the meaning given in the CCM Regulations; Day means a period of 24 consecutive hours, beginning at 0000 hours (New Zealand standard time) and Daily has a corresponding meaning; Emergency means a state of affairs, or an event or circumstance (or a series of events or circumstances) that a Party determines to be an emergency, irrespective of its cause or whoever may have caused or contributed to that emergency. An Emergency may exist where: either Party’s Pipeline or a Receipt Point experiences a loss of containment of Gas; a Party reasonably believes that the safe transportation of Gas in its own or the other Party’s Pipeline is significantly at risk; Gas in either Party’s Pipeline is of such quality as to constitute a hazard to that Pipeline, a Receipt Point or Metering; or injection of Gas at a Receipt Point exceeds the Maximum Design Flow Rate or the flow rate specified in an Operational Flow Order; Equipment means equipment owned and/or controlled by a Party and located at a Receipt Point, as referred to in Schedule One; Expiry Date has the meaning set out in section 14.2;

Critical Contingency has the meaning given in the CCM Regulations; Day means a period of 24 consecutive hours, beginning at 0000 hours (New Zealand standard time) and Daily has a corresponding meaning; Delivery Point means a facility at which Gas is or will be taken (or is or will be made available to be taken) from First Gas’ Pipeline into the Interconnected Party’s Pipeline that complies with the technical requirements in Schedule Two, and includes any Additional Delivery Point, in each case the details of which are set out in Schedule One; Delivery Pressure means the pressure at which Gas is taken, or available to be taken at a Delivery Point;

Examples of Critical Contingency in a sentence

OFOs are to be consistent (or amended to be consistent) with any instructions from the Critical Contingency Operator (including any shut down profile required by the Critical Contingency Operator).
Critical Contingency In the event of a Critical Contingency, First Gas may instruct the Interconnected Party to curtail its take of Gas (or its ability to take Gas) at a Delivery Point as required to comply with the instructions of the Critical Contingency Operator and the requirements of the CCM Regulations (and the Interconnected Party shall do so and shall otherwise comply with any other instructions of the Critical Contingency Operator and the requirements of the CCM Regulations).
Critical Contingency In the event of a Critical Contingency, First Gas may instruct the Interconnected Party to comply with the instructions of the Critical Contingency Operator and the requirements of the CCM Regulations (and the Interconnected Party shall do so).
The Interconnected Party shall not be relieved of its indemnity under this section 11.12 should its Daily or Hourly Overrun or Over-Flow result in a Critical Contingency being declared, nor shall the limitations expressed in section 16.1 apply in respect of the Interconnected Party’s indemnity.
Critical Contingency In the event of a Critical Contingency, First Gas may instruct the Interconnected Party shall to curtail its take of Gas (or its ability to take Gas) at a Delivery Point as required to comply with the instructions of the Critical Contingency Operator and the requirements of the CCM Regulations (and the Interconnected Party shall do so and shall otherwise comply with any other instructions of the Critical Contingency Operator and the requirements of the CCM Regulations).
The Interconnected Party shall: not be relieved of liability under the indemnity in this section 11.12; and be deemed not to have acted as a Reasonable and Prudent Operator, if its Daily or Hourly Overrun or Over-Flow result in a Critical Contingency being declared.
The Interconnected Party shall: not be relieved of liability under the indemnity in this section 11.12; and be deemed not to have acted as a Reasonable and Prudent Operator, if its Over-Flow result in a Critical Contingency being declared.
The Interconnected Party shall not be relieved of its indemnity under this section 11.12 should its Over-Flow result in a Critical Contingency being declared, nor shall the limitations expressed in section 16.1 apply in respect of the Interconnected Party’s indemnity.
Critical Contingency In the event of a Critical Contingency, First Gas may instruct the Interconnected Party toshall curtail its injection of Gas (or its ability to inject Gas) at a Receipt Point as required to comply with the instructions of the Critical Contingency Operator and the requirements of the CCM Regulations (and the Interconnected Party shall do so).
Critical Contingency First Gas may instruct the Interconnected Party to curtail its take of Gas (or its ability to take Gas) at a Delivery Point as required to comply with the CCM Regulations, without incurring any liability to the Interconnected Party.

More Definitions of Critical Contingency

Critical Contingency has the meaning given in the CCM Regulations; Day means a period of 24 consecutive hours, beginning at 0000 hours (New Zealand standard time) and Daily has a corresponding meaning; Delivery Point means a facility that complies with the technical requirements in Schedule Two at which Gas is or will be taken (or is or will be made available tomay be taken) from First Gas’ Pipeline into the Interconnected Party’s Pipeline that complies with the technical requirements in Schedule Two, and includes any Additional Delivery Point, in each case the details of which are set out in Schedule One; Delivery Pressure means the pressure at which Gas is taken, or made available to be taken at a Delivery Point; Delivery Quantity means, in respect of a Day and a Shipper, the quantity of a Shipper’s Gas taken from First Gas’ Pipelinethat a Shipper takes at a Delivery Point on a Day, as determined in accordance with section 5;

Critical Contingency has the meaning given in the CCM Regulations; Day means a period of 24 consecutive hours, beginning at 0000 hours (New Zealand standard time) and Daily has a corresponding meaning; Emergency means a state of affairs, or an event or circumstance (or a series of events or circumstances) that a Party determines to be an emergency, irrespective of its cause or whoever may have caused or contributed to that emergency. An Emergency may exist, including where: either Party’s Pipeline or a Receipt Point experiences a loss of containment of Gas; a Party reasonably believes that the safe transportation of Gas in its own or the other Party’s Pipeline is significantly at risk; Gas in eitherthe Interconnected Party’s Pipeline or at a Receipt Point is of sucha quality as or is at a pressure as to constitute a hazard to that Pipeline, a Receipt Point or MeteringFirst Gas’ Pipeline; or the rate of injection of Gas at a Receipt Point exceeds the Maximum Design Flow Rate, Physical MHQ or the flow rate specified in an Operational Flow Order; Equipment means equipment owned and/or controlled by a Party and located at a Receipt Point, as referred to in Schedule One; Expiry Date has the meaning set out in section 14.2;

Critical Contingency has the meaning given to that term in the CCM Regulations;