Debits and Credits to Storage Account Sample Clauses

Debits and Credits to Storage Account. Authorized Withdrawal Quantity Gas shall be debited to the Storage Account and Authorized Injection Quantity Gas shall be credited to the Storage Account. In no event, and at no time, may the Customer establish a negative Storage Account Balance. For certainty, the Customer may not make Storage Nominations or utilize the No-Notice Storage Service if the effect of doing so would be to establish a negative Storage Account Balance. The Company shall not incur any liability whatsoever to the Customer or to any other Person for inadvertent delivery of any gas (as a result of manual error(s) on its part or otherwise and notwithstanding that the Company may have accepted a Nomination from the Customer therefor) which results in, or has the effect of causing, a negative Storage Account Balance.
AutoNDA by SimpleDocs
Debits and Credits to Storage Account. The quantity of gas received from the Customer at the Point of Acceptance (net of the Fuel Ratio Requirement, as applicable) shall be credited to the Storage Account and any quantity of gas delivered by the Company to the Customer at the Point of Delivery (plus the Fuel Ratio Requirement, as applicable) shall be debited to the Storage Account. In no event, and at no time, shall the Company be obligated to receive any quantity of gas in excess of the Injection Capacity, nor to deliver any quantity of gas in excess of the Withdrawal Capacity. For certainty, the Company shall not be obligated to deliver any quantity of gas if doing so would result in a negative Storage Account Balance.

Related to Debits and Credits to Storage Account

  • PJM E-Accounts Buyer and Seller shall work with PJM to establish any PJM E-Accounts necessary for Seller to provide Full Requirements Service. In a timely manner, Xxxxx shall establish PJM E-Account contract(s) for the entire duration of the Transaction(s) and Seller shall confirm the PJM E-Account contract(s) for the entire duration of the Transaction(s).

  • Withdrawals from Accounts Amounts credited to the Certificate Account and the Trust Account on any Distribution Date shall be withdrawn by Xxxxxx Xxx for application towards the distributions required hereby. In the event that amounts shall remain in the Certificate Account in any month following distribution of the Lower Tier Distribution Amount for such month, such amounts may be withdrawn by Xxxxxx Mae as compensation for its administrative and guaranty obligations or as reimbursement to Xxxxxx Xxx for any advance by it pursuant to such guaranty obligations under Sections 2.04 and 3.07 hereof. Any amount so withdrawn shall no longer be a part of the Lower Tier REMIC.

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

  • CUSTODIAL ACCOUNTS It is agreed that all accounts opened under the Uniform Gift to Minors Act (UGMA), the Uniform Transfers to Minors Act (UTMA), or similar state statutes will be properly created and that all property so transferred will be done in compliance with such applicable statutes. There will be good faith reliance upon the instructions given, representations made and actions taken by a transferor or custodian. Further, the custodian represents and warrants that the assets in the account belong to the minor and that all such assets, whether or not transferred out of the UGMA or UTMA account, will only be used for the benefit of the minor.

  • Offsets and Credits Any amounts due from Vendor may be applied by Citizens against any amounts due to Vendor. Any such amounts that are not so applied shall be paid to Citizens by Vendor within thirty (30) calendar days following Citizens' request.

  • Access to Accounts By enrolling in the Mobile Banking service, you certify you are an owner, joint owner or custodian on the accounts represented in your enrollment. You understand that all owners of your accounts or anyone with whom you share your Access code or any access code will be an Authorized User, and that authority will be considered unlimited in amount and manner with full authority to perform all transactions relating to the stated accounts, until you notify the Credit Union, in writing of the revocation of such authority. You agree that you are and will remain fully responsible for any transactions made by such persons on your accounts except transactions that occur after the Credit Union has been notified of any revocation of authority and has had a reasonable opportunity to act upon such notice.

  • Certificate Accounts Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law (certificate account), whichever we offer, is subject to the terms of this Agreement, the Truth-in-Savings Disclosure, and the Account Receipt for each account, the terms of which are incorporated herein by reference.

  • Special Accounts 1. For the purposes of this Schedule:

  • Separate Accounts The trustee shall maintain within the trust fund a separate account for each Agricultural Contractor that signs the trust agreement to hold deposits made pursuant to this article.

  • Multiple Accounts 3.2.1 Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):

Time is Money Join Law Insider Premium to draft better contracts faster.