Allocation Procedure definition

Allocation Procedure means the procedure set up in Article 1.08.
Allocation Procedure means the procedure for the allocation of Natural Gas, Ethane and Products contained in Schedule G, as may be amended in accordance with Clause 25.6(b);
Allocation Procedure means the procedure used at the Facility to allocate Outlet Substances to all Inlet Substances being handled at the Facility, as may be amended from time to time by the Facility owners;

Examples of Allocation Procedure in a sentence

  • No Request has been submitted and the Allocation Procedure is interrupted due to a lack of interest from the market.

  • In such cases, FluxSwiss will decide whether Allocation Procedure is to be terminated or whether a new date is to be set.

  • Should a Participant default on any sums due and payable at any time during Allocation Procedure, FluxSwiss shall be entitled to exclude the defaulting Participants from Allocation Procedure by simple written notice.

  • Allocation Procedure shall take place in the presence of a public notary.

  • Furthermore, FluxSwiss shall have the right to terminate Allocation Procedure if any Participants engage in collusive behaviour or if other significant reasons are found to endanger the proper performance of Allocation Procedure.


More Definitions of Allocation Procedure

Allocation Procedure means the procedure set out in Article 1.10.A.
Allocation Procedure means the procedure used by the Operator from time to time to allocate System Substances, Gas Products and Facility Products;
Allocation Procedure means the allocation procedure set out in Article 1.10.A (Allocation - Allocation Request) and Article 1.10.B (Allocation Letter).
Allocation Procedure. As set forth in Exhibit C to the Contract.
Allocation Procedure means the procedure used at the Plant to allocate Residue Gas and Plant Products to all Gas streams being processed at the Plant;
Allocation Procedure means the Rules and Procedures as set forth in Annex C and attached to and forming part of this Contract.
Allocation Procedure means the Rules and Procedures as set forth in Annex C and attached to and forming part of this Contract.