Storage Agreements definition
Examples of Storage Agreements in a sentence
Upon revocation, Counterparty reassumes management of all rights and obligations that relate to the Storage Agreements.
Additionally, Contract Administration is responsible for the development, negotiation as appropriate, administration and maintenance of other Company contracts and agreements including, but not necessarily limited to, (i) Throughput and or Exchange Agreements, (ii) Electronic Trading Platform Agreements, (iii) Natural Gas Transportation and Storage Agreements, (iv) Assignment and Assumption Agreements, and (v) Other contracts and agreements needed and requested by various Front Office departments.
To be able to enter into Storage Agreements in accordance with this Storage Customer Agreement, GSD has assessed the Storage Customer's credit worthiness based on documentation provided by the Storage Customer in compliance with GTCGS clause 17.
During the term of this Agreement, Manager shall pay to each Service Provider, as applicable, all amounts due and payable under the Storage Agreements including, without limitation, reservation charges, reservation surcharges, commodity charges, fuel adjustments, overrun charges, and any other applicable charges and penalties attributable to the Storage Agreements.
Manager is hereby appointed agent for the management of the Storage Agreements for a term of thirty-six (36) months.
These general terms and conditions of storage (the "General Terms and Conditions") are applicable to all Storage Agreements between a company of the Shurgard Group, hereinafter called “Shurgard” on the one hand, and parties using storage space/units (or any other Shurgard storage product or service e.g. parking, bulk, lockers, etc.), hereinafter called ‘the Customer’ on the other hand.
All amounts so paid by Manager during the term of this Agreement shall be paid in accordance with various applicable payment terms and provisions of the Storage Agreements as those terms and provisions have been disclosed to Manager, and applicable Tariffs.
Buyer shall have executed, acknowledged if appropriate, and delivered to Seller the Tank Storage Agreements in the forms attached hereto as Exhibit J (the “Tank Storage Agreement”).
Credit approval of the Storage Customer is a condition for concluding Storage Agreements on the basis of this Storage Customer Agreement.
In the event of a breach of an obligation under any of the Gas Storage Agreements, for which Storage Accounts have been merged, it shall be deemed that there has been a breach of all these Gas Storage Agreements on a pro rata basis.