Common use of Allocation Principles Clause in Contracts

Allocation Principles. 6.1 The Gas quantities last confirmed to the Customer for injection shall be deemed to be injected, except the cases when the allocated quantities have been retroactively adjusted by the Interconnected Network Operator. The injected Gas quantities shall be credited by the SSO to the Customer’s Storage Account associated with the Gas Storage Agreement under which the injection was requested. 6.2 The Gas quantities last confirmed to the Customer for withdrawal shall be deemed to be withdrawn, except the cases when the allocated quantities have been retroactively adjusted by the Interconnected Network Operator. The withdrawn Gas quantities shall be debited by the SSO from the Customer’s Storage Account associated with the Gas Storage Agreement under which the withdrawal was requested.

Appears in 4 contracts

Sources: Gas Storage Agreement, Gas Storage Agreement, Gas Storage Agreement