Common use of Reverse Clause in Contracts

Reverse. 4.1 The Customer and the Bank may notify GSB that they have agreed to reverse the transfer of a Working Gas Bundle (each a “WGB Reverse Notice”). These notices, if compliant with and subject to this Article 4 and Article 8 together create a “WGB Reverse”. 4.2 Upon and as of a WGB Reverse: 4.2.1 a quantity equal to the WGB Gas-in-Storage will be added to the Customer’s Gas-in- Storage; 4.2.2 a quantity equal to the WGB Gas-in-Storage will be deducted from the Bank’s Gas-in- Storage; 4.2.3 a quantity equal to the WGB Gas-in-Storage will be added to the Customer’s Space for each Hour till the end of the last Hour of the Withdrawal Period; 4.2.4 a quantity equal to the WGB Gas-in-Storage will be deducted from the Bank’s Space for each Hour till the end of the last Hour of the Withdrawal Period; and 4.2.5 the Working Gas Bundle shall cease to exist.

Reverse. 4.1 The Customer and the Bank may notify GSB that they have agreed to reverse the transfer of a Working Gas Bundle WGB (each a “WGB Reverse Notice”). These notices, if compliant with and subject to this Article 4 and Article 8 together create a “WGB Reverse”. 4.2 Upon and as of a WGB Reverse: 4.2.1 a quantity equal to the WGB Gas-in-Storage will be added to the Customer’s Gas-in- Storage; 4.2.2 a quantity equal to the WGB Gas-in-Storage will be deducted from the Bank’s Gas-in- Storage; 4.2.3 a quantity equal to the WGB Gas-in-Storage will be added to the Customer’s Space for each Hour till the end of the last Hour of the Withdrawal Period; 4.2.4 a quantity equal to the WGB Gas-in-Storage will be deducted from the Bank’s Space for each Hour till the end of the last Hour of the Withdrawal Period; and 4.2.5 the Working Gas Bundle WGB shall cease to exist.