No-Notice Storage Service Sample Clauses

No-Notice Storage Service. ‌ For purposes of No-Notice Storage Service, the Customer hereby grants the Company the exclusive right to use Authorized Withdrawal Quantity Gas and Authorized Injection Quantity Gas to apply against any daily imbalance resulting from the actual gas consumption of the Customer under the Companion Service Contract, and the Company shall apply such injections and withdrawals (each a “No-Notice Nomination”) to its calculation of the Storage Account Balance. No-Notice Storage Service shall be available on any Day in respect of any volume of gas up to the Withdrawal Capacity less any Storage Nomination, or, up to the Injection Capacity less any Storage Nomination, as applicable. Where the Customer serves multiple Terminal Locations pursuant to this Agreement, the relevant Terminal Location in respect of which a withdrawal No-Notice Nomination is made shall also constitute the Point of Delivery for purposes hereof. In order for the Company to provide the requisite quantities necessary to address such imbalances (subject to the limitations herein), it shall be entitled to gross up No-Notice Nominations to account for applicable UFG Requirements and/or Fuel Ratio Requirements.
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Related to No-Notice Storage Service

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