Rules for allocation of Monthly Storage Space Sample Clauses

Rules for allocation of Monthly Storage Space. The Operator may supply, in the form of Monthly Storage Space, to the Shippers of the Terminal, the available Contractual Storage Space that has not been allocated to the Shippers. The Operator may publish, on the 25th of every month M-1, a Monthly Storage Space for month M + 1. A Shipper may make a request to reserve all or part of this Monthly Storage Space on making its Monthly Schedule request. Allocation by the Operator shall be made according to the provisions below: o If the sum of the requests is lower than the Monthly Storage Space offered, the requests shall be met in full, o If the sum of the requests is higher than the Monthly Storage Space offered, the requests shall be met in proportion to said requests, knowing that each request shall be capped at the Monthly Storage Space supplied. On publication of the Monthly Schedule, the Operator shall notify the Shippers of the Monthly Storage Space that were allocated to them for month M.
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Rules for allocation of Monthly Storage Space. The Operator markets, in the form of Monthly Storage Space, to the Shippers of the Terminal, the Available Contractual Storage Space. The Operator publishes, from 15 December of Year N-1, the Monthly Storage Space that is available for each Month of Year N. A Shipper may make a request to reserve all or part of this Monthly Storage Space on making its Monthly Schedule request. Allocation by the Operator shall be made according to the provisions below: o The Monthly Storage Space is allocated in priority to requests for longer duration, o If the sum of the requests is lower than the Monthly Storage Space offered, the requests shall be met in full, o If the sum of the requests is higher than the Monthly Storage Space offered for a given Month, the requests shall be met in proportion to said requests. On publication of the Monthly Schedule, the Operator shall notify the Shippers of the Monthly Storage Space that was allocated to them for month(s) M. Each Shipper that has an allocation of Monthly Storage Space may assign all or part of their rights to another shipper. The assignment should be made according to the provisions of article 28 of the General Terms and Conditions. The assignment shall be made for a period between the current Month, on the date of the assignment, and the end of the current Year.
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