code of operations part d nominations, allocations and ... - Gaslink

1.5 Revocation of Valid NominationsRenomination and the Renomination Effective Timeor, where the quantity metered as offtaken at suchLDM Offtake or at the Sub-Sea I/C Offtake (as thecase may be) is not available the quantity calculatedby reference to the hourly offtake profile of theprevailing Valid Nomination or the prevailing ValidRenomination up to the Renomination EffectiveTime; and(ii) in respect of an Entry Point, DM Offtakes, aCSEP, the VIP or for onward transportation to NDMSupply Points that quantity calculated by reference tothe applicable INFR of the prevailing ValidNomination or Valid Renomination immediately priorto the expected Renomination Effective Time; andT = the period of time (measured in hours) from the pointin time when the Renomination would becomeeffective until the end of the Day.1.5.1 The Transporter shall be entitled to revoke or limit any Valid Nomination orValid Renomination in accordance with Section 1.5.2 where:(a)(b)the Nominated Quantity or Renominated Quantity specified in aShipper’s Valid Nomination or Valid Renomination, as the case may be,is in excess of such Shipper's Active Capacity or Sub-Sea OfftakeCapacity (as the case may be) or is in breach of any applicablerequirements of this Code; andit considers such revocation of a Shipper’s Valid Nomination or ValidRenomination to be required in order to accommodate Nominations andRenominations by Shippers which specify Nominated Quantities whichare not in excess of their Active Capacity.1.5.2 Where the Transporter proposes to exercise its right to revoke or limit a ValidNomination or Valid Renomination pursuant to Section 1.5.1, then:(a)the Transporter shall notify:(i)(ii)all relevant Shippers that have prevailing Valid Nominations orValid Renominations specifying a Nominated Quantity orRenominated Quantity in excess of their relevant Active Capacity;orthat their Nominated Quantity or Renominated Quantity, as thecase may be, can no longer be accommodated on the TransportationSystem;Code of Operations Version 3.025Part D