Storage Month definition
Examples of Storage Month in a sentence
The Declined Storage Notice shall detail that Barclays does not intend to store Crude Oil or Products during the Storage Month.
If Barclays delivers a Declined Storage Notice, no storage fees shall be due and owing for the relevant Storage Month.
For each Storage Month, Barclays shall be deemed to intend to consume some or all of Barclays’ Percentage Capacity for the purpose of storing Barclays’ Inventory at the Facilities.
By way of illustration, if Client’s Goods are accepted by DSA on November 15, the Storage Month begins on November 25 and Client will receive a bill on December 1 for the Storage Month of November.
Client will be billed for a full month’s storage on the first of every month following the Storage Month.