GASTERRA GAS STORAGE SERVICES STORAGE YEAR 2016/2017
|
|
|
- Harry Thompson
- 7 years ago
- Views:
Transcription
1 GASTERRA GAS STORAGE SERVICES STORAGE YEAR 2016/2017
2 CONTENT Contractual Structure & Framework Products Auctions & Pricing Daily Operations INTERCONTINENTAL EXCHANGE 2
3 CONTRACTUAL STRUCTURE & FRAMEWORK
4 CONTINUATION COOPERATION GASTERRA ICE ENDEX Per Storage Year roughly 19 TW of storage capacity is offered, in the form of 13,229,456 Standard Bundled Units (SBUs) On 20 November 2013 ICE Endex sold 4,130,555 SBUs for the Contract Period 2014/2019. The remaining 9,098,901 SBUs for the Contract Period 2016/2017 will be divided over two auctions via a fixed price mechanism. INTERCONTINENTAL EXCHANGE 4
5 CONTRACTUAL STRUCTURE GasTerra (principal) offers via ICE Endex (mandatory) certain gas storage services ICE Endex acts in its own name, but for the risk and account of GasTerra ICE Endex will not be a physical storage operator, but will aggregate Customer s nominations Contractual structure: Should ICE Endex no longer be a party to a Cooperation Agreement with GasTerra: GasTerra undertakes to provide for a replacement independent and neutral entity, and ICE Endex will transfer all contents to such entity INTERCONTINENTAL EXCHANGE 5
6 ROLE OF ICE ENDEX Services provided by ICE Endex Auction administration Order handling and dispatching (storage operation) Invoicing, settlement, credit control Facilitating secondary trading Purpose of ICE Endex s involvement is to secure anonymity of Customers visà-vis GasTerra: ICE Endex will not disclose identity or any other commercially sensitive information regarding Customers to GasTerra INTERCONTINENTAL EXCHANGE 6
7 CONTRACTUAL FRAMEWORK Auction Rules Prerequisite for participation in an auction Sets forth the rules for qualification and participation Commitment by Customer to sign a Storage Service Agreement when being allotted SBUs by auction Storage Service Agreement (SSA) To be entered into by Customers being allotted SBUs Sets forth rights and obligations between parties, e.g. The product Payments and collateral Governs procedures in connection with the storage operation Operating Agreement (OA) Annex to the SSA Outlines detailed process flows and messaging protocols in connection with the storage operation INTERCONTINENTAL EXCHANGE 7
8 QUALIFICATION FOR NOVEMBER AUCTIONS Timeline: Wednesday 4 November :00 LET: receipt of Qualification Documents by ICE Endex Before the auction ICE Endex will organize a test auction (16 November) Wednesday 18 November 2015: Auction of 4,549,451 SBUs for the Contract Year 2016/2017 Wednesday 10 February 2016: Auction of 4,549,450 SBUs plus the possible remainder of the 18 November auction, for the Contract Year 2016/2017 Parties qualified for the November auction are automatically qualified for the February 2016 auction Parties that did not qualify for the November auction and want to participate in the February 2016 auction have to submit the Qualification Documents ultimately 27 January :00 LET. INTERCONTINENTAL EXCHANGE 8
9 QUALIFICATION FOR NOVEMBER AUCTIONS Qualification requirements (Article II of the Auction Rules): TTF shipper license Power of Attorney + certified copy of signatories passports Registered Party data Sheet: contact details Representations and Commitment Statement: amongst others, a firm commitment to acquire SBUs if successful in the Auction Further Qualification Documents: Extract of chamber of commerce (or similar) not older than 6 months Additional documents / information evidencing that signatories are duly authorized Articles of association Annual accounts of the two most recent years List of beneficial owners INTERCONTINENTAL EXCHANGE 9
10 PRODUCTS
11 CHARACTERISTICS OF A STANDARD BUNDLED UNIT (SBU): One year product: Contract year from gas day 1 April 2016 up to and including gas day 31 March 2017 Available storage space: 1440 kwh Injection capacity: kwh/h Injection factor: 1.0 Withdrawal capacity: 1.0 kwh/h Withdrawal factor: depends on the actual amount of Gas-in-Storage at the end of Hour H-1 as follows: Between 0 kwh and 864 kwh Gas-in-Storage the Withdrawal Factor increases linearly from 0.6 to 1; Between 864 kwh and 1440 kwh Gas-in-Storage the Withdrawal Factor equals 1 Delivery point: TTF Gas in store at beginning of Storage Year: No volume of gas in store at the contract start date at 06:00 hours (LET), unless Roll-over facility : option for the Buyer to retain gas in store at the end of the contract of the Storage Year if sufficient capacity booked for the next Storage Year Roll-over facility is also possible between two different Customers Conditional Service INTERCONTINENTAL EXCHANGE 11
12 AUCTIONS & PRICING
13 THE AUCTION The price mechanism is a fixed price mechanism. In the auctions the participant will submit a volume and a price in EUR/SBU. Each Auction shall be conducted over at least two Rounds, and a maximum of five Rounds The Auction will start at hours LET and a Bidding Round will last 20 minutes The next Round will start 30 minutes after the closing of the previous Round A total of 9,098,901 SBUs will be offered Maximum Supply 18 November: 4,549,451 SBUs Maximum Supply 10 February: 4,549,450 SBUs plus the possible remainder of the November auction INTERCONTINENTAL EXCHANGE 13
14 ROUND 1 Start of Round Price for Round 1 will be zero (0) Bidder has to submit at least 1 Bid in the first Round in order to participate in subsequent Rounds. Each Bidder has the possibility to submit a maximum of 3 Bids. Each Bid is a firm and irrevocable commitment to acquire SBUs Each Bid shall consist of a Price and a Volume in Round 1 Each Bid is subject to certain conditions for it to be valid, e.g. The volume of the Bids of a Bidder combined may not exceed the Bidder Limit (3,307,364 SBUs conditional on possible allocation for the Contract Period 2014/2019) The volume of a Bid will be expressed as a non-negative whole number The Price in a Bid will be expressed in EURO per SBU, as a multiple of 0.01 The Bid has to be submitted during the opening of the Round If a Bidder does not submit a valid Bid in the first Round the Bidder shall not be allowed to participate in the subsequent Rounds During the opening of a Round the Bidder may adjust each of its maximum of three Bids. Only the last valid Bid received for each of the maximum of three Bids will be valid INTERCONTINENTAL EXCHANGE 14
15 AFTER ROUND 1 The Auction Operators, observed by a notary, shall calculate: The Aggregate Demand (sum of all Quantities demanded by Bidders in a given Round) End of Round Price (lowest Bid Price equal to or greater than the undisclosed Reserve Price and at or within the Maximum Supply) Total Quantity (sum of all Quantities demanded by all Bidders at Price equal to or greater than the End of Round Price) There are 2 scenarios possible: No Bids in excess of Reserve Price At least one Bid in excess of Reserve Price Since the Auction consists of at least two Rounds, there will be a second Round Together with the results, the settings of the second Round will be communicated via the homepage of the Auction Bidding Website INTERCONTINENTAL EXCHANGE 15
16 FICTITIOUS EXAMPLE 4,549,451 SBUS INTERCONTINENTAL EXCHANGE 16
17 SUBSEQUENT ROUNDS Only if a Bidder submitted at least one valid Bid in Round 1 the Bidder is able to participate in the next Round Volumes cannot be adjusted in subsequent Rounds If the Price of (one of) the Bid(s) submitted in a previous Round is lower than the Start of Round Price of the current Round (i.e. the Bid is out of the market), the Bidder has to submit a new Price greater than the Start of Round Price , or else the Bidder is unable to participate with that Bid in the rest of the Auction. If the Price of the only or last valid Bid is out of the market and the Bidder does not increase its Bid as stated above the Bidder will be out of the Auction If the Price of (one of) the Bid(s) submitted in a previous Round is equal or greater than the Start of Round Price of the current Round, its current Bid will remain valid and the Bidder will be able to participate in the rest of the Auction, until the Start of Round Price will be greater than the current Bid. During the opening of a Round, the Bidder can change the Price of its Bid given that the price is greater than the previous Price and greater than the Start of Round Price INTERCONTINENTAL EXCHANGE 17
18 AFTER THE SECOND ROUND There are 4 scenarios possible: End of Round Price R1 = 0 and in R2 no Bids in excess of Reserve Price Auction over; no allocation End of Round Price R1 = 0 and in R2 at least one Bid in excess of Reserve Price Next Round End of Round Price R1 > 0 and End of Round Price R2 = End of Round Price R1 Auction over; all Bids > End of Round Price allocated End of Round Price R1 > 0 and End of Round Price R2 > End of Round Price R1 Next Round INTERCONTINENTAL EXCHANGE 18
19 FICTITIOUS EXAMPLE 4,549,451 SBUS INTERCONTINENTAL EXCHANGE 19
20 AFTER ROUND 3,4 & 5 There are 2 scenarios possible after Round three and four: End of Round Price of Round 3 or 4 = End of Round Price of Round 2 or 3 Auction over; all Bids > End of Round Price allocated End of Round Price of Round 3 or 4 > End of Round Price of Round 2 or 3 Next Round. There is 1 scenario possible after Round five: If no preceding Round was declared the Final Round, the fifth Round shall be the Final Round Auction over; all Bids > End of Round Price allocated INTERCONTINENTAL EXCHANGE 20
21 ALLOCATION If the Total Quantity demanded by all Bidders at a Price equal to or greater than the End of Round Price is greater than the Maximum Supply, the following allocation rules will be applied: Bids with a Price in excess of the End of Round Price will be allocated their entire Quantity If there is one Bid with a Price equal to the End of Round Price, that Bid shall be allocated the remainder Supply If there are more Bids with a Price equal to the End of Round Price, those Bids will be allocated in proportion of their Quantity Pay-as-bid INTERCONTINENTAL EXCHANGE 21
22 STORAGE SERVICES AGREEMENT The Bidder shall receive confirmation by ICE Endex of their allocation via and ICE Endex shall send a completed Storage Service Agreement that the Bidder will have to sign and send back to ICE Endex in order to become a Buyer. If a successful Bidder fails to do so within 15 (fifteen) Business Days following the Auction End Date, ICE Endex shall notify the Dutch competition authority thereof, and such Bidder shall immediately, without further action or formality being required, become liable to ICE Endex for an immediately due and payable penalty in the amount of 5% of the contract sum ensuing from the Auction, with a minimum of 250,000, without ICE Endex having to prove any loss or damage in addition if there are grounds for so doing. INTERCONTINENTAL EXCHANGE 22
23 DAILY OPERATIONS
24 FROM AUCTION TO OPERATIONS Once the auction has finished and you are a successful buyer of SBUs ICE Endex will send with required follow up actions We will send you a SSA+OA based upon the information sent by customer in reply Bank guarantee or cash deposit Signed SSA and appendices received by ICE Endex The bank guarantee/cash deposit and signed SSA have to be in the possession of ICE Endex within 15 business days Testing of communications prior to the Storage Year If all gates passed successfully you are ready to start nominating INTERCONTINENTAL EXCHANGE 24
25 DAILY PROCESS TIMELINE D-1 10:00 Storage Availability Notice (SAN) D-1 11:00 Storage Request Notice (SRN) D-1 12:00 ICE Endex sends aggregate request to GasTerra D-1 12:30 GasTerra replies to ICE Endex D-1 13:30 ICE Endex sends confirmation to customer (SRRN) D-1 13:30 Customer and ICE Endex send Nomination program to GTS Single sided nomination used *time in LET ICE Endex OPERATIONS will be available during business days between 09:00 LET and 15:00 LET and all other days between 09:00 LET and 13:00 LET Note: in case of irregularities in the process these times might be extended until the problem is deemed solved INTERCONTINENTAL EXCHANGE 25
26 DISCLAIMER The information contained in this document ( Presentation ) has been prepared by ICE Endex and is subject to change without notice. Copyright and intellectual property right protection exists in this Presentation and it may not be reproduced, distributed or published with any third party, in whole or in part, without the express prior written permission from ICE Endex. All rights are reserved. While reasonable care has been taken to ensure that the information contained herein is true and accurate, ICE Endex makes no representation to its correctness, reliability or completeness including likelihood of achievement or reasonableness of any forecasts, prospects, returns or statements in relation to future matters that may be contained in this Presentation. Neither ICE Endex nor any of its directors or employees accepts any liability in respect of the information contained in the Presentation or for any loss arising from the use of this Presentation, its contents or otherwise arising in connection with it. This Presentation does not constitute an offer, invitation or recommendation to any transaction and neither is it to be taken as any form of commitment on the part of ICE Endex to proceed with any transaction. INTERCONTINENTAL EXCHANGE 26
ICE Endex Auction Rules for marketing of RWE Gasspeicher s storage capacities at the Storage Epe H-Gas. As of 20 January 2016
ICE Endex Auction Rules for marketing of RWE Gasspeicher s storage capacities at the Storage Epe H-Gas As of 20 January 2016 INTRODUCTION These Rules govern the qualification for, participation in and
Storage Services Agreement
between [CUSTOMER] and [ENTITY] Dated [ssadayofweek], [ssadatemmmddyyyy] Contract Period [1 April 2015] to [1 April 2016] Version 1.1 Status: Final [docreleasedate] Preamble Preamble This Storage Services
SEASONAL CONTRACT ON USING AND PROVIDING BUNDLED NATURAL GAS STORAGE SERVICE
SEASONAL CONTRACT ON USING AND PROVIDING BUNDLED NATURAL GAS STORAGE SERVICE concluded by and between seat: mailing address: account keeping bank: bank account No.: invoicing address: tax No.: court of
NOTICE OF SALE ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY
NOTICE OF SALE ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY $554,520,000 * Capital Improvement Refunding Bonds, Series 2014-B Dated the Date of Initial Delivery ALABAMA PUBLIC SCHOOL AND COLLEGE AUTHORITY
FERC Gas Tariff. Original Volume No. 1 RYCKMAN CREEK RESOURCES, LLC. Filed with the FEDERAL ENERGY REGULATORY COMMISSION
FERC Gas Tariff Original Volume No. 1 Of RYCKMAN CREEK RESOURCES, LLC Filed with the FEDERAL ENERGY REGULATORY COMMISSION Communications covering this tariff should be addressed to: Jeff Foutch, Managing
FOR INFORMATION PURPOSES ONLY
On December 23, 2013, the debtor Metropolitní spořitelní družstvo v likvidaci, having its registered office at Balbínova 404/22, Prague 2, Postal Code 120 00, Identification Number: 255 71 150, registered
FRAMEWORK CONTRACT ON USING AND PROVIDING DAILY PEAK PLUS NATURAL GAS WITHDRAWAL SERVICE
FRAMEWORK CONTRACT ON USING AND PROVIDING DAILY PEAK PLUS NATURAL GAS WITHDRAWAL SERVICE concluded by and between seat: mailing address: account keeping bank: bank account No: invoicing address: tax No.:
1. Technical Offer Submission Sheet
8. Sample Forms SUMMARY Sample Form No. 1: 1. TECHNICAL OFFER SUBMISSION SHEET... 3 Sample Form No. 2: 2. PRICE OFFER SUBMISSION SHEET... 5 Sample Form No. 3: 3. BID SECURITY... 6 Sample Form No. 4: 4.
Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum
Document A101 2007 Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum AGREEMENT made as of the in the year (In words, indicate day, month and year.)
Open Invitation to Tender
NAFTA a. s., Votrubova 1, 820 09 Bratislava Open Invitation to Tender (Bidding Terms and Conditions) This invitation to tender is being published under Section 281 et seq. of Act No 513/1991, the Commercial
Rules on Default Settlement Regarding Clearing Participants in Relation to IRS Clearing Business. Chapter 1 General Provisions
Rules on Default Settlement Regarding Clearing Participants in Relation to IRS Clearing Business Chapter 1 General Provisions (Article 1 Purpose) The purpose of these Rules on Default Settlement Regarding
Energie-Control Austria Executive Board Ordinance on Provisions for the Gas Market Model (Gas Market Model Ordinance 2012) Title 1 Principles
Energie-Control Austria Executive Board Ordinance on Provisions for the Gas Market Model (Gas Market Model Ordinance 2012) In exercise of section 41 Gaswirtschaftsgesetz (Natural Gas Act) 2011, BGBl. (Federal
We released this document in response to a Freedom of Information request. Over time it may become out of date. Department for Work and Pensions
We released this document in response to a Freedom of Information request. Over time it may become out of date. Department for Work and Pensions 1. Change Control Principles Schedule 24: Change Control
State of Illinois Vendor Payment Program. Program Terms December 13, 2012
State of Illinois Vendor Payment Program Program Terms December 13, 2012 Background: As a result of the current cash flow deficit, the State of Illinois (the State ) has been forced to delay payment to
Credit Suisse Tailored Loan and Options Facility Terms and Conditions
Dated 4 June 2013 Issued by Credit Suisse Investment Services (Australia) Limited (ABN 26 144 592 183 AFSL 370450) Credit Suisse Tailored Loan and Options Facility Terms and Conditions 1. OPTIONS FACILITY...
Section IX. Annex to the Particular Conditions - Contract Forms
Section IX. Annex to the Particular Conditions - Contract Forms Table of Forms Notification of Award Contract Agreement Performance Security Advance Payment Security Retention Money Security - 2 - Notification
Trading Rules of the Georgian Stock Exchange
A p p r o v e d : by the General Meeting of JSC Georgian Stock Exchange Minutes # 4, September 26, 1999 Changes and amendments are made: by the Supervisory Board of JSC Georgian Stock Exchange Minutes
EXPRESSION OF INTEREST. for. Reconciliation System
EXPRESSION OF INTEREST for Reconciliation System May 2015 (K-REP Bank reserves the right to cancel this request for EOI and / or invite afresh with or without amendments to this request for EOI, without
Summary of Request for Applications to participate in a tender process for twenty year licenses together with the acquisition of the businesses of
Summary of Request for Applications to participate in a tender process for twenty year licenses together with the acquisition of the businesses of two existing mobile network operators Issued by the Telecommunications
CITY OF LOS ANGELES RULES AND REGULATIONS SMALL, LOCAL BUSINESS CERTIFICATION
CITY OF LOS ANGELES RULES AND REGULATIONS SMALL, LOCAL BUSINESS CERTIFICATION Bureau of Contract Administration Office of Contract Compliance Centralized Certification Administration Room 300 1149 South
Appendix A OPERATING PROCEDURES UNDER THE HUB SERVICES AGREEMENT TERMS AND CONDITIONS HSA 2005 1
Appendix A OPERATING PROCEDURES UNDER THE HUB SERVICES AGREEMENT TERMS AND CONDITIONS HSA 2005 1 TABLE OF CONTENTS 1. GENERAL... 4 2. DISPATCHING PROCEDURE... 5 2.1 HUB CODE... 5 2.2 NOMINATIONS BY THE
EXPERT RULES PROPOSAL OF EXPERTS AND NEUTRALS APPOINTMENT OF EXPERTS AND NEUTRALS ADMINISTRATION OF EXPERT PROCEEDINGS
EXPERT RULES PROPOSAL OF EXPERTS AND NEUTRALS APPOINTMENT OF EXPERTS AND NEUTRALS ADMINISTRATION OF EXPERT PROCEEDINGS EXPERT RULES PROPOSAL OF EXPERTS AND NEUTRALS APPOINTMENT OF EXPERTS AND NEUTRALS
NOTICE OF INTENT TO SELL $9,900,000 ROCHESTER COMMUNITY SCHOOL BUILDING CORPORATION FIRST MORTGAGE BONDS, SERIES 2015
APPENDIX i NOTICE OF INTENT TO SELL $9,900,000 ROCHESTER COMMUNITY SCHOOL BUILDING CORPORATION FIRST MORTGAGE BONDS, SERIES 2015 Upon not less than twenty-four (24) hours notice given by telephone by
NOTICE OF BOND SALE $30,000,000 FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION
NOTICE OF BOND SALE $30,000,000 FLORIDA GULF COAST UNIVERSITY FINANCING CORPORATION consisting of $30,000,000 Capital Improvement Revenue Bonds, Series 2013A (Housing Project) NOTICE IS HEREBY GIVEN that
Performance Bond. Business):
Performance Bond CONTRACTOR (Name and Address): (Name and Address of Principal Place of Business): OWNER (Name and Address): City of Cedar Rapids City Clerk, 101 First Street SE Cedar Rapids, IA 52401
EFET. European Federation of Energy Traders. Amstelveenseweg 998 / 1081 JS Amsterdam Tel: +31 20 5207970/Fax: +31 346 283 258
Amstelveenseweg 998 / 1081 JS Amsterdam Tel: +31 20 5207970/Fax: +31 346 283 258 E-mail: secretariat@efet.org Webpage: www.efet.org NBP APPENDIX General Agreement Concerning the Delivery and Acceptance
TERMS AND CONDITIONS OF AGREEMENT FOR CREDIT CARD WITH FIXED PAYMENT Valid as of 01.01.2012
1. GENERAL PROVISIONS 1.1 Agreement for credit card with fixed payment (hereinafter the Agreement) regulates the rights and obligations for using a credit card issued by (hereinafter the Bank). 1.2 A credit
CMBX TRANSACTIONS STANDARD TERMS SUPPLEMENT (published on March 7, 2006 and amended and restated as of May 16, 2006) 1
CMBX TRANSACTIONS STANDARD TERMS SUPPLEMENT (published on March 7, 2006 and amended and restated as of May 16, 2006) 1 This CMBX Transactions Standard Terms Supplement (the CMBX Standard Terms ) hereby
SURETY BOND - SAMPLE FORM
FORM-SI-BOND SURETY BOND - SAMPLE FORM OKLAHOMA WORKERS COMPENSATION COMMISSION 1915 N. STILES AVENUE OKLAHOMA CITY, OK 73105 SURETY BOND OF SELF-INSURER OF WORKERS COMPENSATION IN THE MATTER OF THE PERMIT
YANKEE GAS SERVICES COMPANY, DBA EVERSOURCE ENERGY. TRANSPORTATION RECEIPT SERVICE Page 1 of 11
Page 1 of 11 AVAILABILITY: Available to any Customer acting as its own supplier or approved Operator of gas supply (Operator) delivering gas supplies to a customer or Pool(s) of customers using Rates 03,
I Benefits of MSI Credit Insurance
Credit Insurance of Mitsui Sumitomo Insurance I Benefits of MSI Credit Insurance Payment condition is usually a critical key for international trade competition. Advance Payment or Letters of Credit (L/C)
Law on the Takeover of Joint Stock Companies
Law on the Takeover of Joint Stock Companies CONSOLIDATED TEXT Law on the Takeover of Joint Stock Companies ("Official Gazette of the Republic of Macedonia" no.4/2002, 37/2002 and 36/2007) I. GENERAL PROVISIONS
Key Investment Terms of Tekes Venture Capital Model Limited Partners Agreement (the model LPA) Subject Description Notes Structure
1(11) Key Investment Terms of Tekes Venture Capital Model Limited Partners Agreement (the model LPA) Disclaimer The Key Investment Terms set forth herein is are a summary of the key terms of the Tekes.vc
The AOS-365 Program. Overview:
The AOS-365 Program Overview: Our Patented AOS-365 Program is the Buying and Selling of property through the auction process using our AOS-365 contract. This Agreement of Sale gives the buyer a fully assignable
1568 SF Twin Residential/Office Building. This information is deemed reliable, but not guaranteed.
Large Corner Double Lot Off Street Private Parking Black Horse Pike Frontage 1050 SF Retail Building 1568 SF Twin Residential/Office Building 1472 SF Residential/Office 3BR, 2Bath This information is deemed
IRREVOCABLE LETTER OF CREDIT REIMBURSEMENT AGREEMENT
4/1/2015 IRREVOCABLE LETTER OF CREDIT REIMBURSEMENT AGREEMENT THIS AGREEMENT, dated as of, is between, an institution organized and existing under the laws of having its principal office at (the Customer
Implementing Regulations under the Benelux Convention on Intellectual Property (Trademarks and Designs) *
Implementing Regulations under the Benelux Convention on Intellectual Property (Trademarks and Designs) * The Executive Board of the Benelux Trademark Office and the Executive Board of the Benelux Designs
Instruction. N Title. 1.3 In this Instruction: LCH.Clearnet SA IV.5-4. Article 1 - Scope and interpretation
N Title LCH.Clearnet SA Instruction IV.5-4 THE FIXED INCOME DEFAULT MANAGEMENT PROCESS FOR TRANSACTIONS EXECUTED ON TRADING & MATCHING PLATFORMS AND THE MTS ITALY REGULATED MARKET Pursuant to Section 4.5.2.
In force as of 15 March 2005 based on decision by the President of NIB ARBITRATION REGULATIONS
In force as of 15 March 2005 based on decision by the President of NIB ARBITRATION REGULATIONS Contents I. SCOPE OF APPLICATION... 4 1 Purpose of these Regulations... 4 2 Applicability to different staff
HSBC BANK BERMUDA LIMITED 6 Year Growth Opportunity Certificates of Deposit Linked to S&P 500 Low Volatility Index
HSBC BANK BERMUDA LIMITED 6 Year Growth Opportunity Certificates of Deposit Linked to S&P 500 Low Volatility Index INDICATIVE TERMS Issuer HSBC Bank Bermuda Limited Issuer Rating A+ (S&P) Term 6 Years
CONDITIONS OF PAYMENT SERVICES AGREEMENT
CONDITIONS OF PAYMENT SERVICES AGREEMENT Effective as of 01.01.2011 1. GENERAL PROVISIONS 1.1. The Payment Services Agreement a.k.a current account agreement (hereinafter the Agreement) is an agreement
D. TENDER FORM FOR A SUPPLY CONTRACT
D. TENDER FORM FOR A SUPPLY CONTRACT Publication reference: EuropeAid/131239/C/SUP/ME Title of contract: Equipment/vehicles for waste collection and transport A:
PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT EUROS ( EUR) FOR US DOLLARS ($ USD) Bank to Bank SWIFT MT103
PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT EUROS ( EUR) FOR US DOLLARS ($ USD) Bank to Bank SWIFT MT103 This private foreign exchange transaction agreement and the three (3) attached Annexes are entered
AGCS Gas Clearing and Settlement AG
Annex to the General Terms and Conditions of the Balance Group Coordinator (GTC BGC) Balancing energy management in the Eastern distribution area V 5.0 Annex Balancing energy management Version 5.0 Page
Agreed-Upon Procedures Engagements
Agreed-Upon Procedures Engagements 1323 AT Section 201 Agreed-Upon Procedures Engagements Source: SSAE No. 10; SSAE No. 11. Effective when the subject matter or assertion is as of or for a period ending
ISTANBUL ARBITRATION CENTRE ARBITRATION RULES
ISTANBUL ARBITRATION CENTRE ARBITRATION RULES Section I INTRODUCTORY PROVISIONS ARTICLE 1 The Istanbul Arbitration Centre and the Board of Arbitration 1. The Istanbul Arbitration Centre is an independent
$18,345,000* County of Pitt, North Carolina General Obligation Community College Bonds Series 2015
Notice of Sale and Bid Form Note: Bonds are to be awarded on a True Interest Cost (TIC) basis as described herein. No bid for fewer than all of the bonds offered or for less than 100% of the aggregate
BA CREDIT CARD TRUST. as Issuer. and THE BANK OF NEW YORK MELLON. as Indenture Trustee THIRD AMENDED AND RESTATED BASERIES INDENTURE SUPPLEMENT
EXECUTION COPY BA CREDIT CARD TRUST as Issuer and THE BANK OF NEW YORK MELLON as Indenture Trustee THIRD AMENDED AND RESTATED BASERIES INDENTURE SUPPLEMENT dated as of December 17, 2015 to FOURTH AMENDED
Guidelines for Currency Conversion of Japanese ODA Loans
Guidelines for Currency Conversion of Japanese ODA Loans January 2014 (3 rd Edition) Japan International Cooperation Agency SECTION 1. INTRODUCTION 1.1 Purpose The purpose of the Guidelines for Currency
Domain Name Registration Policies
Version 1.0 May 22, 2016 Contents Contents... 2 Definitions... 3 Introduction... 5 Purpose and Principles of the.shop TLD... 6 Article 1. The Sunrise Phase and Trademark Claims Notice Services 1.1. Purpose
SECTION 000100 - INSTRUCTIONS TO BIDDERS
SECTION 000100 - INSTRUCTIONS TO BIDDERS ARTICLE 1 - SPECIAL NOTICE TO BIDDERS These electronic specifications makeup a complete set of project bidding forms. The proposal form shall be executed and submitted
TERMS AND CONDITIONS FOR PAYMENT CARDS SERVICING
TERMS AND CONDITIONS FOR PAYMENT CARDS SERVICING 1. TERMS AND DEFINITIONS 1.1. Authorisation is a query to check Card validity and availability of corresponding funds on the Card s account. 1.2. Card means
Title 2 Rules Governing the Eastern Market Area Part 1 Access to the Network and Capacity Management Chapter 1 Access to the Transmission Network
Energie-Control Austria Executive Board Ordinance on Provisions for the Gas Market Model as amended in 2016 (2016 Gas Market Model Amendment Ordinance 2012) In exercise of section 41 Gaswirtschaftsgesetz
1. Scope of Agreement 1.1 TMG will sell to the Customer the Products defined in an individual agreement between TMG and the Customer.
These General Terms and Conditions - Sales - ("GTC Sales") apply to the sale of products, including but not limited to any kind of equipment, hardware and software ("Products"), by Toyota Motorsport GmbH
BUYING AGENCY AGREEMENT
THIS AGREEMENT ( Agreement ) is made this day of, 20xx, by and between, with its principal place of business at referred to hereinafter as Buyer, and, with its principal office at, hereinafter referred
Eskom Holdings SOC Ltd s Standard Conditions of Tender
1. General Actions 1 The Employer, the Eskom Representative and each eligible er submitting a shall act timeously, ethically and in a manner which is fair, equitable, transparent, competitive and cost-effective.
$21,635,000* STATE OF FLORIDA Board of Governors Florida Atlantic University Dormitory Revenue Refunding Bonds, Series 2006B
NOTICE OF BOND SALE $21,635,000* STATE OF FLORIDA Board of Governors Florida Atlantic University Dormitory Revenue Refunding Bonds, Series 2006B NOTICE IS HEREBY GIVEN that the Division of Bond Finance
EXCLUSIVE AGENCY CONTRACT
EXCLUSIVE AGENCY CONTRACT PROPERTY LOCATION OWNER TAX MAP # PHONE OWNER'S ADDRESS LISTING AGENT AGENT ID # BROKER BROKER ID PHONE 1. OWNERSHIP OF PROPERTY AND POWER TO SIGN CONTRACT I am the OWNER(S) of
Instructions for Requesting a Custodial Letter of Credit
Instructions for Requesting a Custodial Letter of Credit The forms in this document may be printed and completed, or you may complete them in Adobe Acrobat Reader: Select the hand tool. Position the pointer
If a Client and a Freelancer enter an independent contractor relationship, then this Freelancer Agreement ( Freelancer Agreement ) will apply.
Freelancer Agreement If a Client and a Freelancer enter an independent contractor relationship, then this Freelancer Agreement ( Freelancer Agreement ) will apply. This Agreement is effective as of March
263120\1242880.v11 DIVIDEND REINVESTMENT AND OPTIONAL SHARE PURCHASE PLAN
DIVIDEND REINVESTMENT AND OPTIONAL SHARE PURCHASE PLAN DIVIDEND REINVESTMENT AND OPTIONAL SHARE PURCHASE PLAN PURPOSE The Dividend Reinvestment and Optional Share Purchase Plan (the "Plan") provides eligible
GENERAL TERMS AND CONDITIONS OF THE SETTLEMENT CONTRACT
GENERAL TERMS AND CONDITIONS OF THE SETTLEMENT CONTRACT 1. Definitions used in the Settlement Contract In addition to the Terms and Conditions and the General Terms and Conditions of the Bank the following
IMPORTANT DISCLOSURES AND CONSIDERATIONS FOR INVESTORS IN AUCTION RATE SECURITIES
IMPORTANT DISCLOSURES AND CONSIDERATIONS FOR INVESTORS IN AUCTION RATE SECURITIES Goldman, Sachs & Co., as a Broker-Dealer of Auction Rate Securities, provides the following important information about
(Incorporated in Bermuda with limited liability) (Stock Code: 343)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this application form and
DRAFT ONLY FOR DISCUSSION PURPOSES
DRAFT ONLY FOR DISCUSSION PURPOSES AGENCY AGREEMENT between [ ] and [ ] 2 AGENCY AGREEMENT The Undersigned: 1. [_Mr./Ms. ], residing at, hereinafter referred to as Agent ; Or [ ], a private company with
NOTIFICATION OF ADDRESS CHANGE. You will notify Us promptly if You move or otherwise have a change of address.
OTHER FEES AND CHARGES. You will be charged the following fees associated with the use of Your Card: (a) $5 for each replacement Card You request; (b) $30 for each replacement Card that You request be
CREDIT CARD DISCLOSURE STATEMENT AND AGREEMENT FOR APGFCU CREDIT AND SHARE SECURED CREDIT
CREDIT CARD DISCLOSURE STATEMENT AND AGREEMENT FOR APGFCU CREDIT AND SHARE SECURED CREDIT In this Agreement the words you and your mean each and all of those who apply for the card or who sign this Agreement.
How To Understand The Information Guidance From The Gambia'S Central Bank Of The Ghania
CENTRAL BANK OF THE GAMBIA GUIDELINES FOR THE ISSUANCE OF GAMBIA GOVERNMENT BONDS JANUARY 2010 CONTENTS - 1 - PAGE 1.0 INTRODUCTION 3 2.0 GENERAL 3 3.0 METHOD OF APPLICATIONFOR BONDS 4 4.0 NOTIFICATION
KAZAKHSTAN LAW ON JOINT STOCK COMPANIES
KAZAKHSTAN LAW ON JOINT STOCK COMPANIES Important Disclaimer This does not constitute an official translation and the translator and the EBRD cannot be held responsible for any inaccuracy or omission in
EMPLOYEES OLD-AGE BENEFITS INSTITUTION
EMPLOYEES OLD-AGE BENEFITS INSTITUTION HEAD OFFICE, G.P.O. BUILDING I.I. CHUNDRIGAR ROAD, KARCHI REQUEST FOR PROPOSAL FOR HUMAN RESOURCE CONSULTANCY SERVICES A. INVITATION TO BID The Employees Old-Age
Limited Liability Companies Act Finland
[UNOFFICIAL TRANSLATION Ministry of Justice, Finland 2012] Limited Liability Companies Act Finland (624/2006; amendments up to 981/2011 included; osakeyhtiölaki) PART I GENERAL PRINCIPLES, INCORPORATION
Sealed bids will be received by the City of Dearborn, at the Office of the Purchasing
CITY OF DEARBORN ADVERTISEMENT FOR NATURAL GAS PROVIDER TO THE CITY OF DEARBORN, MICHIGAN Sealed bids will be received by the City of Dearborn, at the Office of the Purchasing Agent, 2951 Greenfield, Dearborn,
THIS MASTER SUBSCRIPTION AGREEMENT AND THE ORDER FORM (DEFINED BELOW) GOVERN THE USAGE OF THE GSHIFT SUITE OF TOOLS.
THIS MASTER SUBSCRIPTION AGREEMENT AND THE ORDER FORM (DEFINED BELOW) GOVERN THE USAGE OF THE GSHIFT SUITE OF TOOLS. BY EXECUTING THE ORDER FORM THAT REFERENCES THIS AGREEMENT YOU AGREE TO THESE ADDITIONAL
F. van Lanschot Bankiers N.V. (incorporated in the Netherlands with its statutory seat in 's-hertogenbosch)
20 December 2012 FIFTH SUPPLEMENT TO THE BASE PROSPECTUS IN RESPECT OF THE EURO 5,000,000,000 DEBT ISSUANCE PROGRAMME F. van Lanschot Bankiers N.V. (incorporated in the Netherlands with its statutory seat
The Preparatory Commission for the Comprehensive Nuclear-Test-Ban Treaty Organization, hereinafter Commission ;
CONTRACT FOR LIMITED ACCESS TO INTERNATIONAL MONITORING SYSTEM DATA AND INTERNATIONAL DATA CENTER PRODUCTS OF THE PREPARATORY COMMISSION FOR THE COMPREHENSIVE NUCLEAR-TEST-BAN TREATY ORGANIZATION FOR SCIENTIFIC
Master Agreement for Financial Derivatives Transactions
For internal use by the bank Rahmenvereinbarung vom: Please return duly signed: Customer Service T 00800 00 222 337* F +49 89 5150 2442 service@baaderbank.de www.baaderbank.de * Toll-free from (inter)national
Wire Transfer Request Form
Wire Transfer Request Form Originator s Information Customer No. Address Phone No. 1 Phone No. 2 Beneficiary s Information Beneficiary s Account No. Address Beneficiary s Bank (including address, and where
BANK INSURED DEPOSIT PROGRAM TERMS AND CONDITIONS
BANK INSURED DEPOSIT PROGRAM TERMS AND CONDITIONS Please read these Terms and Conditions describing the Bank Insured Deposit Program. You may consult your Financial Advisor for more information. I. INTRODUCTION
Chapter 3 Financial Year
[PART 6 FINANCIAL STATEMENTS, ANNUAL RETURN AND AUDIT Chapter 1 Preliminary 269. What this Part contains and use of prefixes - Companies Act and IFRS. 270. Overall limitation on discretions with respect
CHAPTER 16 REPLACEMENT OF LIFE INSURANCE AND ANNUITIES [Prior to 10/22/86, Insurance Department[510]]
![CHAPTER 16 REPLACEMENT OF LIFE INSURANCE AND ANNUITIES [Prior to 10/22/86, Insurance Department[510]]](/thumbs/26/8304220.jpg "CHAPTER 16 REPLACEMENT OF LIFE INSURANCE AND ANNUITIES [Prior to 10/22/86, Insurance Department[510]]")
Insurance[191] Ch 16, p.1 CHAPTER 16 REPLACEMENT OF LIFE INSURANCE AND ANNUITIES [Prior to 10/22/86, Insurance Department[510]] 191 16.1(507B) Purpose and authority. 16.1(1) The purpose of these rules
PacifiCorp. Request for Proposal. Natural Gas Asset Management and Supply. ISSUED: April 6, 2016. DUE DATE: April 18, 2016
PacifiCorp Request for Proposal Natural Gas Asset Management and Supply ISSUED: April 6, 2016 DUE DATE: April 18, 2016 2016 RFP for Natural Gas Asset Management and Supply Responses: RFP-Gas@pacificorp.com
(Restated) Notification of the Agricultural Futures Exchange of Thailand No. TorGorKhor 2/2551 re: Trading Platform Officers
(Restated) Notification of the Agricultural Futures Exchange of Thailand No. TorGorKhor 2/2551 re: Trading Platform Officers ******************** By virtue of clause 7 of Regulation of the Board of Directors
Protective Indexed Annuity. Fixed Indexed Annuity Profile
Protective Indexed Annuity Fixed Indexed Annuity Profile PAC.4939 PAC.xxxx (12.12) (04.13) Protective Life annuities are designed specifically to help you more effectively prepare for and experience retirement.
Instruction of 28 April 2014
Instruction of 28 April 2014 SPECIAL RULES AND REGULATIONS GOVERNING THE NO. 2 MILLING WHEAT FUTURES CONTRACT Statement in relation to the MATIF Delivery Process : Potential users of the Milling Wheat
Shareowner Service Plus Plan SM Investment Brochure
Shareowner Service Plus Plan SM Investment Brochure CUSIP# 585055 10 6 Sponsored and Administered by Wells Fargo Shareowner Services Dear Shareholders and Interested Investors: Wells Fargo Shareowner Services
Section A: Compensation on Termination for Board Default and Voluntary Termination
PART 23 OF THE SCHEDULE: COMFENSATION ON TERMINATION Section A: Compensation on Termination for Board Default and Voluntary Termination If Project Co terminates this Agreement pursuant to Clause 45 (Board
Contract for Capital Purchase N [reference of the COMPANY]
![Contract for Capital Purchase N [reference of the COMPANY]](/thumbs/27/10738731.jpg "Contract for Capital Purchase N [reference of the COMPANY]")
Contract for Capital Purchase N [reference of the COMPANY] Between [ ].... represented by the duly authorized persons designated on the signature page of the present CONTRACT, hereinafter referred to in
The Eligible Asset Pools Program
Legacy Loans Program Summary of Terms The Federal Deposit Insurance Corporation ( FDIC ) and the United States Department of the Treasury ( UST ) will coordinate public-private investment funds ( PPIFs
Terms & Conditions of Janney Montgomery Scott LLC Transfer on Death ( TOD ) Account Registration
Terms & Conditions of Janney Montgomery Scott LLC Transfer on Death ( TOD ) Account Registration Instructions: Carefully read the Terms & Conditions below and complete all applicable sections of the attached
Business Conditions of Slovenská sporite¾òa, a.s. for Making Mortgage Loans to Natural Persons
Business Conditions of Slovenská sporite¾òa, a.s. for Making Mortgage Loans to Natural Persons 1 Table of Contents I. Definitions 3 II. Loan application and purpose of a Loan 4 III. Preconditions to providing
SUMMER STORAGE SERVICE SSS TOLL SCHEDULE INDEX 1. AVAILABILITY 1 2. APPLICABILITY AND CHARACTER OF SERVICE 1 3. PENALTY PROVISIONS 4
SUMMER STORAGE SERVICE INDEX Section Sheet No. 1. AVAILABILITY 1 2. APPLICABILITY AND CHARACTER OF SERVICE 1 3. PENALTY PROVISIONS 4 4. MONTHLY BILL 4 5. MISCELLANEOUS PROVISIONS 5 Effective Date: May
Update. SEBI Allows Promoters of Listed Companies to Sell Shares through Stock Exchange Mechanism. -Nivedita Shankar nivedita@vinodkothari.
Vinod Kothari & Company SEBI Allows Promoters of Listed Companies to Sell Shares through Stock Exchange Mechanism -Nivedita Shankar nivedita@vinodkothari.com Check at: www.indiafinancing.com/staffpublications.htm
Consulting Services for CORPORATE SPONSORSHIP ASSET INVENTORY & VALUATION
REQUEST FOR PROPOSALS RFP No. 14-01-11 Consulting Services for CORPORATE SPONSORSHIP ASSET INVENTORY & VALUATION Proposals will be received on or before 2:00 pm local time Wednesday, February 19, 2014
General Form of Factoring Agreement regarding the Assignment of Accounts Receivable
General Form of Factoring Agreement regarding the Assignment of Accounts Receivable Agreement made on the (date), between (Name of Factor), a corporation organized and existing under the laws of the state
Terms and Conditions. 3012436v2 12285.01010
Terms and Conditions ACCEPTANCE. Except as otherwise agreed in a written agreement signed by both parties, these Terms and Conditions will govern Buyer s purchase order. BI Technologies acceptance of Buyer
GUIDELINES FOR IMPLEMENTING THE DECISION ON TERMS AND CONDITIONS OF PERFORMING FOREIGN PAYMENT TRANSACTIONS
RS Official Gazette, Nos 24/2007, 31/2007, 41/2007, 3/2008, 61/2008, 120/2008, 38/2010, 92/2011, 62/2013, 51/2015 and 111/2015 Pursuant to Articles 21 and 45 of the Law on the National Bank of Serbia ("RS
GENERAL SALES CONDITIONS POS SERVICE HOLLAND BV (Pty Ltd, Dutch Company Status)
GENERAL SALES CONDITIONS POS SERVICE HOLLAND BV (Pty Ltd, Dutch Company Status) 1. Definitions 1.1 In these general conditions it is understood under: Supplier: Customer: Pos Service Holland BV (Pty Ltd,
CREDIT CARD AGREEMENT AND DISCLOSURE STATEMENT
CREDIT CARD AGREEMENT AND DISCLOSURE STATEMENT THIS IS YOUR CREDIT CARD AGREEMENT AND IT INCLUDES NECESSARY FEDERAL TRUTH-IN- LENDING DISCLOSURE STATEMENTS, WORLD MASTERCARD, MASTERCARD PLATINUM, MASTERCARD
(IV) DELIVERY PROCEDURES INDEX. 1. General Provisions... 4. 2. Delivery of Documentation... 4. 3. Authorised Signatories... 4
DELIVERY PROCEDURES (IV) DELIVERY PROCEDURES INDEX 1. General Provisions... 4 2. Delivery of Documentation... 4 3. Authorised Signatories... 4 4. Clearing Member Accounts... 5 5. Transferors and Transferees...
WI-FI ALLIANCE INTELLECTUAL PROPERTY RIGHTS POLICY
WI-FI ALLIANCE INTELLECTUAL PROPERTY RIGHTS POLICY BACKGROUND The purpose of the Wi-Fi Alliance ( WFA ) is to promote the IEEE 802.11 wireless networking standard by encouraging manufacturers of wireless