Common use of Basis of Storage Transfers Clause in Contracts

Basis of Storage Transfers. (a) Clauses 6.8 to 6.13 apply where the Service Provider is the Facility Operator (and do not apply where the Service Provider is not the Facility Operator). (b) The Customer or (as the case may be) Gas Storage Customer (the “Transferor Storage Customer”) may at any time during the Term: (i) transfer all or part of its Storage Space or its Storage Injection Capacity in the Facility to; or (ii) make a Storage Gas Transfer in respect of a quantity of Natural Gas in relation to the Facility in favour of, any Gas Storage Customer or (as the case may be) the Customer (the “Transferee Storage Customer”) subject to and in accordance with this Clause 6.8. (c) For the purposes of this Agreement: (i) a “Storage Space Transfer” and a “Storage Injection Capacity Transfer” are respectively a transfer of Storage Space and a transfer of Storage Injection Capacity in accordance with Clause 6.8(b)(i) and a “Storage Capacity Transfer” is a Storage Space Transfer and/or a Storage Injection Capacity Transfer; (ii) a “Storage Gas Transfer” is an arrangement between two (2) users of the Facility made for the purposes of Clause 6.8(b); and (iii) a “Storage Transfer” is a Storage Capacity Transfer or a Storage Gas Transfer. (d) A Storage Injection Capacity Transfer may be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Injection Capacity Transfer) such capacity and a Storage Space Transfer shall be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Space Transfer) such capacity. (e) In respect of a Storage Transfer or proposed Storage Transfer: (i) in the case of a Storage Capacity Transfer, the “Transferred Storage Capacity” is the Storage Capacity which is (or is to be) transferred; (ii) in the case of a Storage Gas Transfer, the “Transferred Gas-in-Storage” is the quantity subject to such Storage Gas Transfer;

Basis of Storage Transfers. (a) Clauses 6.8 to 6.13 apply where the Service Provider is the Facility Operator (and do not apply where the Service Provider is not the Facility Operator). (b) The Customer or another user of the Facility (as the case may be) Gas Storage Customer (the “"Transferor Storage Customer”") may at any time during the TermYear: (i) transfer all or part of its Storage Space or its Storage Injection Capacity in the Facility to; or (ii) make a Storage Gas Transfer in respect of a quantity of Natural Gas in relation to the Facility in favour of, any Gas Storage such other user of the Facility or the Customer or (as the case may be) the Customer (the “"Transferee Storage Customer”) "), subject to and in accordance with this Clause 6.8. (cb) For the purposes of this Agreement: (i) a “"Storage Space Transfer” " and a “"Storage Injection Capacity Transfer” " are respectively a transfer of Storage Space and a transfer of Storage Injection Capacity in accordance with Clause 6.8(b)(i6.8(a)(i) and a “"Storage Capacity Transfer” " is a Storage Space Transfer and/or a Storage Injection Capacity Transfer; (ii) a “"Storage Gas Transfer” " is an arrangement between two (2) users of the Facility made for the purposes of Clause 6.8(b6.8(a); and; (iii) a “"Storage Transfer” " is a Storage Capacity Transfer and/ or a Storage Gas Transfer. (dc) A Storage Injection Capacity Transfer may be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Injection Capacity Transfer) such capacity and a Storage Space Transfer shall be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Space Transfer) such capacity. (ed) In respect of a Storage Transfer or proposed Storage Transfer: (i) in the case of a Storage Capacity Transfer, the “"Transferred Storage Capacity” " is the Storage Capacity which is (or is to be) transferred; (ii) in the case of a Storage Gas Transfer, the “"Transferred Gas-in-Storage” " is the quantity subject to such Storage Gas Transfer; (iii) the "Storage Transfer Period" is in the case of a Storage Injection Capacity Transfer the hour or hours (being full hours only) or the Day or Days, and in the case of a Storage Space Transfer the period, in accordance with Clause 6.8(c), for which the transferred capacity is (or is to be) transferred; (iv) in the case of a Storage Gas Transfer the "Transfer Date" is the Day on and with effect from which the Storage Gas Transfer is to take effect.

Basis of Storage Transfers. (a) Clauses 6.8 to 6.13 apply where the Service Provider is the Facility Operator (and do not apply where the Service Provider is not the Facility Operator). (b) The Customer or (as the case may be) Gas Storage Customer (the “Transferor Storage Customer”) may at any time during the Term: (i) transfer all or part of its Storage Space or its Storage Injection Capacity in the Facility to; or (ii) make a Storage Gas Transfer in respect of a quantity of Natural Gas in relation to the Facility in favour of, any Gas Storage Customer or (as the case may be) the Customer (the “Transferee Storage Customer”) subject to and in accordance with this Clause 6.8. (cb) For the purposes of this Agreement: (i) a “Storage Space Transfer” and a “Storage Injection Capacity Transfer” are respectively a transfer of Storage Space and a transfer of Storage Injection Capacity in accordance with Clause 6.8(b)(i6.8(a)(i) and a “Storage Capacity Transfer” is a Storage Space Transfer and/or a Storage Injection Capacity Transfer; (ii) a “Storage Gas Transfer” is an arrangement between two (2) users of the Facility made for the purposes of Clause 6.8(b6.8(a); and (iii) a “Storage Transfer” is a Storage Capacity Transfer or a Storage Gas Transfer. (dc) A Storage Injection Capacity Transfer may be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Injection Capacity Transfer) such capacity and a Storage Space Transfer shall be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Space Transfer) such capacity. (ed) In respect of a Storage Transfer or proposed Storage Transfer: (i) in the case of a Storage Capacity Transfer, the “Transferred Storage Capacity” is the Storage Capacity which is (or is to be) transferred; (ii) in the case of a Storage Gas Transfer, the “Transferred Gas-in-Storage” is the quantity subject to such Storage Gas Transfer;

Basis of Storage Transfers. (a) Clauses 6.8 to 6.13 apply where the Service Provider is the Facility Operator (and do not apply where the Service Provider is not the Facility Operator). (b) The Customer or another user of the Facility (as the case may be) Gas Storage Customer (the “Transferor Storage Customer”) may at any time during the Term: (i) transfer all or part of its Storage Space or its Storage Injection Capacity in the Facility to; or (ii) make a Storage Gas Transfer in respect of a quantity of Natural Gas in relation to the Facility in favour of, any Gas Storage such other user of the Facility or the Customer or (as the case may be) the Customer (the “Transferee Storage Customer”) ), subject to and in accordance with this Clause 6.8. (cb) For the purposes of this Agreement: (i) a “Storage Space Transfer” and a “Storage Injection Capacity Transfer” are respectively a transfer of Storage Space and a transfer of Storage Injection Capacity in accordance with Clause 6.8(b)(i6.8(a)(i) and a “Storage Capacity Transfer” is a Storage Space Transfer and/or a Storage Injection Capacity Transfer; (ii) a “Storage Gas Transfer” is an arrangement between two (2) users of the Facility made for the purposes of Clause 6.8(b6.8(a); and (iii) a “Storage Transfer” is a Storage Capacity Transfer or and/or a Storage Gas Transfer. (dc) A Storage Injection Capacity Transfer may be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Injection Capacity Transfer) such capacity and a Storage Space Transfer shall be for any Day or consecutive Days within the period for which the Transferor Storage Customer holds (by virtue of registration or any Storage Space Transfer) such capacity. (ed) In respect of a Storage Transfer or proposed Storage Transfer: (i) in the case of a Storage Capacity Transfer, the “Transferred Storage Capacity” is the Storage Capacity which is (or is to be) transferred; (ii) in the case of a Storage Gas Transfer, the “Transferred Gas-in-Storage” is the quantity subject to such Storage Gas Transfer;