Examples of Surrendering Shipper in a sentence
A Surrendering Shipper shall not be entitled to impose any limitations or conditions on the terms on which IUK shall offer the Surrendered Capacity for re-allocation or on the amount of Surrendered Capacity which may be re-allocated at any time.
A Shipper giving a Surrender Notice, or to whom a LTUIOLI Notice is given, is a " Surrendering Shipper".
For the purpose of this paragraph 6.3.6 the Surrendering Shipper is the last Shipper in order of time that made a surrender of Capacity prior to its re-allocation.
For the purpose of this paragraph 6.3.6 the Surrendering Shipper is the last IAA Shipper in order of time that made a surrender of Capacity prior to its re-allocation.
An IAA Shipper giving a Surrender Notice, or to whom a LTUIOLI Notice is given, is a " Surrendering Shipper".
Where the Surrendered Capacity of more than one Surrendering Shipper has been re- allocated to a Defaulting Shipper, this paragraph 6.3.6 shall apply to each other Surrendering Shipper in respect of the amount of its Surrendered Capacity that was re- allocated to the Defaulting Shipper.
Where Capacity is re-allocated from a Surrendering Shipper or a suspended Shipper to another Shipper (whether due to it being Surrendered Capacity or Capacity of a suspended Shipper), Interconnector shall deduct the Re-Allocated Capacity from the Registered Capacity of the Surrendering Shipper or suspended Shipper and register it as being held by the other Shipper.
Where Capacity is re-allocated from a Surrendering Shipper or a suspended Shipper to another Shipper (whether due to it being Surrendered Capacity or Capacity of a suspended Shipper), IUK shall deduct the Re-Allocated Capacity from the Registered Capacity of the Surrendering Shipper or suspended Shipper and register it as being held by the other Shipper.
Where Surrendered Capacity is not re-allocated to any Shipper(s) in accordance with this paragraph 6.3 of this Section B such Surrendered Capacity shall continue to be Registered Capacity of the Surrendering Shipper and the Surrendering Shipper shall be liable to IUK for all obligations and liabilities in respect of the Surrendered Capacity, including the Capacity Charges.
A Surrendering Shipper shall not be entitled to impose any limitations or conditions on the terms on which Interconnector shall offer the Surrendered Capacity for re- allocation or on the amount of Surrendered Capacity which may be re-allocated at any time.