Storage Entitlement definition

Storage Entitlement means, in respect of any Shipper entitled to Liquid Products Stabilization and Fractionation Service for any Liquid Product, the proportion of available storage capacity for that Liquid Product at the McMahon Processing Plant to which that Shipper is entitled, such proportion to be determined monthly by Westcoast based upon (i) that Shipper's Authorized Daily Entitlements for the 30 days preceding the date of that determination and (ii) the forecast of that Shipper's Daily Authorized Entitlements, as provided to that Shipper by Westcoast pursuant to Section 22.05, for the month next following the date of that determination.
Storage Entitlement. A Participant’s individual percentage of ownership in the Storage Capacity of GRUSP, as set forth in Exhibit C of the GRUSP IGA, as revised.

Examples of Storage Entitlement in a sentence

  • The Customer shall pay additional Charge as specified by the Company for any monthly storage usage exceeding the Email Storage Entitlement of the subscribed Service Plan.

  • The Customer shall pay additional Charge as specified by the Company for any monthly storage usage exceeding the Email Storage Entitlement of the subscribed Term Plan.

  • The combined Storage Entitlement of Producers shall be eighty per cent (80%) of the nominal storage capacity of the Crude Oil storage tanks respectively the LPG storage tanks.

  • Transporter shall notify Producers when their combined Entitled Redelivery Quantities exceed their Storage Entitlement.

  • Personnel Claims Note, Claims Implications of the New POV Storage Entitlement, ARMY LAW., Dec.

  • Storage Entitlement: The unit of measure for the amount of non-redundant storage capacity of the Aura Lumen Object Store.

  • One (1) Storage Entitlement is equal to 1 TB of aggregate non-redundant storage.Workload Entitlement: The unit of measure for the amount of capacity up to which a Customer of Aura Lumen Software is entitled to utilize the applicable Aura Lumen Software at any instant in time.