GSB Facility definition

GSB Facility the underground gas reservoir Bergermeer, its xxxxx, equipment, pipelines between the xxxxx and the treatment facility, treatment, compression and processing facilities and pipelines up to the Connection Point, including pigging systems, electrical systems, power cables, transformers, communication and data systems, control systems, instrumentation and other systems or apparatus;
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GSB Facility is defined in Recital A;
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Examples of GSB Facility in a sentence

  • The Outage Notice shall specify the relevant “Injection Outage Factor” or “iof” and/or the relevant “Withdrawal Outage Factor” or “wof” reflecting to which extent injection in the GSB Facility or withdrawal from the GSB Facility is (or is to be) unavailable or restricted during such Outage Hour.

  • GSB By: its director, being TAQA Energy B.V. By: Customer By: Title: SCHEDULE A CAPACITY Through this Optimization Agreement, the Customer has purchased from GSB and GSB has sold to the Customer standard bundled units of Capacity at the GSB Facility (“SBU”) in the number, for a term, for Fees and at other conditions as specified below.

  • GSB and the Customer are party to a Standard Storage Services Agreement (“SSSA”) in respect of the GSB Facility, and at the SBU Auction held in [●], the Customer has purchased Capacity from GSB and GSB has sold such Capacity to the Customer.

  • At the SBU Auction held in [●], the Customer has purchased from GSB and GSB has sold to the Customer standard bundled units of Capacity at the GSB Facility (“SBU”) in the number, for a term, for Fees and at other conditions as specified below.

  • On this basis Customers can withdraw their Gas or continue using the storage under agreed terms and the Gas Foundation has a strong de facto control over future operations, based on its property rights over the Gas in GSB.The Gas Foundation, Gazprom, TAQA and EBN have executed an Asset Management Agreement which sets out the rights and obligations of the co-owners of the Gas in the GSB Facility (predominantly Gazprom and the Gas Foundation on behalf of the Customers).

  • GSB and the Customer are party to a Standard Storage Services Agreement (the “SSSA”) in respect of the GSB Facility, and at the SBU auction held on [●] the Customer has purchased Capacity from GSB and GSB has sold such Capacity to the Customer.

  • DETAILS OF GAS FOUNDATION STRUCTUREThe GSB Facility is owned by TAQA and EBN (and for a small percentage by Gazprom).

  • At the SBU auction held on [●], the Customer has purchased from GSB and GSB has sold to the Customer standard bundled units of Capacity at the GSB Facility (“SBU”) in the number, for a term, for the fees and at other conditions as specified below.

  • The Outage Notice shall specify the relevant “Injection Outage Factor” or “iof” and/or the relevant “Withdrawal Outage Factor” or “wof” and/or the relevant “Injection Transport Factor” or “itf” and/or the relevant “Withdrawal Transport Factor” or “wtf” reflecting to which extent injection in the GSB Facility or withdrawal from the GSB Facility is (or is to be) unavailable or restricted during such Outage Hour.

  • FORCE MAJEURE28Upon the occurrence of a Force Majeure, being, for example, an explosion at the GSB Facility, a party that is prevented from performing its obligations due to such Force Majeure - which in practice will most likely be GSB - is relieved of its obligations whilst the Force Majeure is continuing.

Related to GSB Facility

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Tranche B Facility means the aggregate of the Tranche B Commitments.

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • New Facility means a property previously undeveloped which is placed into service by means other than or in conjunction with expansion or modernization.

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Clean coal facility means an electric generating

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Holding facility means a designated area for the retention of

  • Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.

  • Clean coal SNG facility means a facility that uses a

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Common Facility Means a place where tenants utilise the same equipment such as kitchen, laundry meeting room and or car park.

  • Term Facilities means, at any time, the Term A Facility and the Term B Facility.

  • Bank Facility means any credit agreement, including the Credit Agreement dated June 28, 2012 among Bank of America, N.A., Equinix, Inc. and the guarantors party thereto, as amended, together with the related documents thereto (including, without limitation, any guarantee agreements and security documents), in each case as such agreements may be amended (including any amendment and restatement thereof), supplemented or otherwise modified from time to time, including one or more credit agreements, loan agreements or similar agreements or indentures extending the maturity of, refinancing, replacing or otherwise restructuring (including increasing the amount of available borrowings thereunder or adding Restricted Subsidiaries of the Company as additional borrowers or guarantors thereunder) all or any portion of the Indebtedness under such agreement or agreements or any successor or replacement agreement or agreements and whether by the same or any other agent, holders, lender or group of lenders.

  • Facility Site shall have the meaning set forth in the recitals to the Facility Site Lease.

  • Public facility means 1 or more of the following:

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Cannabis cultivation facility means a person that: