Common use of Interruptible Space Clause in Contracts

Interruptible Space. 3.1 If the aggregate Gas-in-Storage of all Storage Customers exceeds the aggregate Registered Space of all Storage Customers at the start of the first Hour of the Gas Flow Day, then GSB may, for such Gas Flow Day, no later than half past twelve (12:30) on D-1 issue a “Full Storage Notice”. For any Hour on a Day for which a Full Storage Notice applies (a “Full Storage Day”), GSB may reduce Injection Contract Quantities and increase Withdrawal Contract Quantities of any Storage Customer using or requesting Interruptible Space in accordance with this Paragraph 3 of Schedule C.

Appears in 4 contracts

Samples: Storage Services Agreement, Storage Services Agreement, www.gasstoragebergermeer.com

AutoNDA by SimpleDocs

Interruptible Space. 3.1 If the aggregate Gas-in-Storage of all Storage Customers exceeds the aggregate Registered Space of all Storage Customers at the start of the first Hour of the Gas Flow Day, then GSB may, for such Gas Flow Day, no later than half past twelve (12:30) on D-1 issue a “Full Storage Notice”. For any Hour on a Day for which a Full Storage Notice applies (a “Full Storage Day”), GSB may reduce Injection Contract Quantities and increase Withdrawal Contract Quantities of any Storage Customer using or requesting Interruptible Space in accordance with this Paragraph 3 of Schedule C.E.

Appears in 1 contract

Samples: Agreement

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