Examples of Delivery Netting in a sentence
If the Trading Participants have specified that Delivery Netting is not to apply to the Pre-matched Trade, the Trading Participants may also specify that the delivery point for the Pre-matched Trade is a delivery point agreed between the Trading Participants that is not specified in a Product Specification (alternate delivery point).
If the Trading Participants have specified that Delivery Netting is not to apply to the Pre-matched Trade, the Parcel Size and the Minimum Transaction Quantity is 100GJ.
Trading Participants may specify that Delivery Netting is not to apply to a Pre-matched Trade (see clause 13.2(a2) of this agreement).
The term ‘Exemption Regulations’ means regulations made under the Corporations Act or other regulatory instrument that have the effect that neither the Operator nor Trading Participants are required to obtain a licence under Chapter 7 of the Corporations Act to exercise their rights and perform their obligations under this agreement in respect of Transactions for Physical Gas Products where Delivery Netting applies.
For each relevant Gas Day, the delivery or receipt obligations of each party to a relevant Transaction (other than the Defaulting Participant), as adjusted under clause 20.5.3 or 20.5.4, are to be included in Delivery Netting where it applies to the relevant Transaction.
Each Confirmation must specify the Trading System’s identification number for the Transaction, whether the Trading Participant is the Buyer or Seller, the time the Transaction was entered into, the Product the subject of the Transaction, the details for the Transaction required by the Product Specification and, where Delivery Netting does not apply, the identity of the other party to the Transaction.
In respect of any Gas Day that commences on or after the date in paragraph (a) and a particular Trading Location, subject to clause 14.7.3, Delivery Netting applies to Transactions: in respect of Products to which Delivery Netting is specified to apply in the Product Specification; for delivery at that Delivery Point and for which the Delivery Period includes, or comprises, that Gas Day.
If the Trading Margin remains below zero for 2 consecutive Business Days, the Operator must: cancel any Pre-matched Trades which have not been scheduled for Delivery Netting; and if the Trading Margin is still below zero, issue a Margin Call by notice to the relevant participant in accordance with paragraph (c).
For a Pre-matched Trade where the Trading Participants have specified that Delivery Netting is not to apply, the Trading Window for Gas Day D are Trading Hours on each of Gas Day D-30 to Gas Day D-2.
For a Pre-matched Trade where the Trading Participants have specified that Delivery Netting is not to apply, the Trading Window for Gas Day D are Trading Hours on each of Gas Day D-90 to Gas Day D-2.