Snam definition

Snam or the “Company” means Snam S.p.A., a company registered under Italian law, with registered offices in San Donato Milanese, Milan (Italy) at 7 Piazza Santa Barbara, with VAT no., Tax Code and Milan Company Register no. 1327139158.
View Source
Snam means Snam S.p.A. of ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, 7 20097 San ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇, Italy. "Subsidiary" means, in relation to a company wherever incorporated (a "holding company"), any company in which the holding company (or persons acting on its behalf) directly or indirectly holds or controls either: (a) a majority of the voting rights exercisable at shareholder meetings of that company; or (b) the right to appoint or remove a majority of its board of directors, and any company which is a Subsidiary of another company is also a Subsidiary of that company's holding company. Unless the context otherwise requires, the application of the definition of Subsidiary to any company at any time shall apply to the company as it is at that time. "Tax" means all forms of taxation and statutory, governmental, state, federal, provincial, local, government or municipal charges, duties (including any custom duties), imposts, contributions, fees, payments, levies, withholdings or other liabilities in the nature of taxation wherever chargeable and whether of the ▇▇▇▇▇▇▇▇ Islands, Italy, Bermuda or any other jurisdiction and any penalty, fine, surcharge, interest, charges or costs relating to it. "Tax Authority" means any government, state or municipality or any local, state, federal or other fiscal, revenue, customs or excise authority, body or official competent to impose, administer, levy, assess or collect Tax or information in respect of Tax matters in the ▇▇▇▇▇▇▇▇ Islands, Italy, Bermuda or any other jurisdiction. "Tax Warranties" means the warranties set out in Schedule 5.
View Source

Examples of Snam in a sentence

  • The initial credentials for access to the Service shall be delivered to the Shipper by Snam Rete Gas by dispatch to the following e-mail address (e-mail address of the non-certified kind): …………….

  • Snam Rete Gas and the Shipper declare that they are fully aware of the contents of the Network Code and undertake to apply and observe it.

  • Therefore, User undertakes to provide the Operating Company with a duly executed copy of such authorization, as well as of any other documentation required by Snam Rete Gas in this respect, within two (2) Days from the execution of this Agreement or, should such date fall later than the fifth (5th) Business Day preceding the date when the first redelivery of Gas is expected, immediately after the execution of this Agreement.

  • Accordingly, Snam Rete Gas is reserved the right to exercise early termination of this Contract in the event of: conviction ruling, even of the first instance or issued following application of the penalty on request pursuant to Article 444 of the Italian Code of Criminal Procedure against the Shipper in relation to one of the money-laundering or terrorist financing offences referred to in Italian Legislative Decree 231 of 21st November 2007.

  • Snam Rete Gas declares that it complies with the principles set forth in Italian Legislative Decree 231 of 21st November 2007 and observes its general obligation of “active collaboration” (by reporting suspicious transactions, retaining documents, ensuring internal controls), to prevent and deter the implementation of money-laundering transactions and terrorist financing.

  • Any notice, notification or other communication relating to this Contract other than those for which the Parties have agreed to use, as exclusive conventional form, the Capacity Portal Service, shall be sent to the following addresses: for Snam Rete Gas: ▇▇▇▇▇▇ ▇.

  • Snam Rete Gas engages in the transportation and dispatching of natural gas on its own gas pipeline network in accordance with the rules set forth in the Snam Rete Gas Network Code (hereinafter: “Network Code”), approved by the Italian Authority for Electricity and Gas with Resolution no.

  • Snam Rete Gas declares that it complies with the principles per Italian Legislative Decree no.

  • This Contract concerns: Snam Rete Gas making transport capacity available to the User and the acquisition of the above transport capacity by the User; or Snam Rete Gas making transport capacity available to the User and the acquisition of the above transport capacity by the User together with the transport of the natural gas delivered by the User to Snam Rete Gas and redelivered by Snam Rete Gas to the User in accordance with the procedures established in the Network Code.

  • In accordance with paragraph 2 point (d) of the Resolution 64/2017, STOGIT will reserve a priority allocation to the Service User for Primary Daily Injection Capacity and Secondary Daily Injection Capacity released by Snam Rete Gas S.p.A., where available, as defined in chapter 2 of the Storage Code.