Common use of Storage Emergency Clause in Contracts

Storage Emergency. In case of Storage Emergency, the Storage Operator shall also have the right to request the Storage User to immediately withdraw its Gas in Storage, until a secure volume (i.e. which guarantees the integrity of the Storage Installation) has been reached in the Storage Installation(s). The Storage Operator may take all measures it deems necessary to guarantee the safety and system integrity of the Storage Installation in case of a Storage Emergency referred to in Article 144 of the Code of Conduct. If it deems it necessary, the Storage Operator can activate the incident management plan included in attachment G of the Access Code for Storage. In case of Storage Emergency, the Storage Operator shall notify the Storage User as soon as reasonably possible of such Storage Emergency in which cases the prior notice period may be shorter than ten (10) Business Days.

Appears in 6 contracts

Samples: Standard Storage Agreement, Standard Storage Agreement, Standard Storage Agreement

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Storage Emergency. In case of Storage Emergency, the Storage Operator shall also have the right to request the Storage User to immediately withdraw its Gas in Storage, until a secure volume (i.e. which guarantees the integrity of the Storage Installation) has been reached in the Storage Installation(s). The Storage Operator may take all measures it deems necessary to guarantee the safety and system integrity of the Storage Installation in case of a Storage Emergency referred to in Article 144 13844 of the Code of Conduct. If it deems it necessary, the Storage Operator can activate the incident management plan included in attachment G of the Access Code for Storage. In case of Storage Emergency, the Storage Operator shall notify the Storage User as soon as reasonably possible of such Storage Emergency in which cases the prior notice period may be shorter than ten (10) Business Days.

Appears in 1 contract

Samples: Standard Storage Agreement

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