Thresholds definition
Examples of Thresholds in a sentence
On any day during the term of this Agreement (except during any downtime maintenance windows) and subject to any applicable Thresholds, the Counterparty may submit an order (i) electronically to NuStar, through the NuStar Technology (an “Interface Order”), or (ii) via email, telephone, Telegram, WhatsApp, or any other means of communication agreed upon by the Parties (an “OTC Order”).
The Counterparty agrees that it will cooperate with NuStar and supply, in a form agreed between NuStar and the Counterparty, all information and data that NuStar considers reasonably necessary to set appropriate Thresholds.
For the avoidance of doubt, the submission of an Interface Order by the Counterparty will constitute an offer by the Counterparty to enter into a Transaction and NuStar shall determine in its sole discretion, taking into account any applicable Thresholds, whether it wishes to accept that offer.