Examples of Maximum Storage Quantity in a sentence
If the total quantity of gas remaining in Customer’s storage is less than 20% of Customer’s Maximum Storage Quantity Entitlement, Customer’s withdrawal entitlement will be reduced to 67% of the Contracted Daily Storage Injection/Withdrawal Entitlement.
The Company agrees to withdraw a quantity of gas from storage, provided the Company is not obligated to withdraw a quantity of gas that exceeds the Contracted Daily Storage Injection/Withdrawal Entitlement or the quantity of gas remaining in Customer’s Maximum Storage Quantity Entitlement.
The Company agrees to inject a quantity of gas to storage, provided the Company is not obligated to inject a quantity of gas that exceeds the Contracted Daily Storage Injection/Withdrawal Entitlement or the Maximum Storage Quantity Entitlement.
The Maximum Storage Quantity (“MSQ”) shall be three million two hundred thousand (3,200,000) therms.