Common use of Without prejudice to Clause in Contracts

Without prejudice to. Article 18.1 of this attachment, If there is a change of circumstances, as from the Start Date, linked to storage regulations in Belgium and/or a substantial change in the system for access to the Storage Installation which results in a substantial negative impact in the economic balance of this Standard Storage Agreement that could not reasonably have been anticipated on the basis of information available on the date hereof, then the Storage User shall be entitled to request the Storage Operator to terminate the LTS subject to prior written notice of four (4) years. If the Parties cannot agree on the substantial and negative nature of the impact on the economic balance, the Parties may agree to refer to an Expert for opinion in accordance with the provisions of Article 19 of this attachment. If the Parties cannot agree to refer to an Expert or if the Parties disagree concerning the Expert’s opinion, then each Party shall have the right to submit the dispute to the competent court in accordance with Article 20 of this attachment.

Appears in 6 contracts

Samples: Standard Storage Agreement, Standard Storage Agreement, Standard Storage Agreement

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