Common use of PROVISION OF STORAGE CAPACITIES Clause in Contracts

PROVISION OF STORAGE CAPACITIES. 1. The amount of Daily Peak Plus injection peak capacities booked by the System User shall depend on capacity bookings requested by the System User – and confirmed by MFGT. The System User can also nominate its booking request towards MFGT for given gas days via email. If the System User’s request is confirmed by MFGT, a specific contract on using Daily Peak Plus injection peak capacities is concluded by and between the parties for that given day. The basis of settlement shall be the amount of capacity confirmed by MFGT.

Appears in 3 contracts

Samples: Framework Contract on Using And, Framework Contract on Using And, Framework Contract on Using And

AutoNDA by SimpleDocs

PROVISION OF STORAGE CAPACITIES. 1. The amount of Daily Peak Plus injection peak capacities booked by the System User shall depend on capacity bookings requested by the System User – and confirmed by MFGT. The System User can also nominate its booking request towards MFGT for given the relevant gas days via also by email. If the System User’s request is confirmed by MFGT, a specific contract on using Daily Peak Plus injection peak capacities is concluded by and between the parties for that given day. The basis of settlement shall be the amount of capacity confirmed by MFGT.

Appears in 1 contract

Samples: Framework Contract on Using And

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.