Common use of Allocation of Gas Quantities Clause in Contracts

Allocation of Gas Quantities. (1) VGS shall allocate the gas quantities that are nominated by the customer for injection or withdrawal in each case to a Discounted Account or an Undiscounted Account created in accordance with § 1. If the nomination for injection or withdrawal takes place from the Dutch market area of GTS, the gas quantities are allocated to the Undiscounted Account by VGS.

Appears in 3 contracts

Samples: www.vng-gasspeicher.de, www.vng-gasspeicher.de, www.vng-gasspeicher.de

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Allocation of Gas Quantities. (1) VGS shall allocate in each case the gas quantities that are nominated by the customer for the injection or withdrawal in each case to a Discounted Account or an Undiscounted Account created opened in accordance with § 1. If the nomination for regarding the injection or withdrawal takes place from is carried out on the Dutch market area of GTS, VGS shall allocate the gas quantities are allocated to the Undiscounted Account by VGSAccount.

Appears in 1 contract

Samples: www.vng-gasspeicher.de

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