Examples of Deemed Contract in a sentence
The Agreement or Deemed Contract (as the case may be) shall terminate should Ofgem (or other relevant authority) appoint another supplier to the Meter under the Supplier of Last Resort procedure.
A Deemed Contract and the application of Deemed Contract Rates shall continue until either; (i) the Customer enters into an Agreement or; (ii) until such point that Crown Gas & Power ceases to be treated by the Network Operator as the Registered Supplier in respect of the relevant Meter.
Once the Agreement ends either as a whole or only in respect of any specific Meter, Crown Gas & Power will continue to supply Electricity to the Meter, which was subject to the Change of Tenancy, pursuant to a Deemed Contract until Crown Gas & Power ceases to be the Registered Supplier or until the incoming Consumer enters into an Electricity supply agreement with Crown Gas & Power (whichever is the earlier).
Crown Gas & Power may vary the Out of Contract Rate and/or the Deemed Contract Rate at any time on notice by publishing the revised rate(s) on its website.
Crown Gas & Power may at any time, without notice to the Customer, set off any liability of the Customer (or any associated business) to Crown Gas & Power against any liability of Crown Gas & Power to the Customer (or any associated business), whether either liability is present or future, liquidated or unliquidated, and whether or not either liability arises under this Agreement and/or any Deemed Contract.