Common use of Substitute Storage Facilities Clause in Contracts

Substitute Storage Facilities. If at any time during the term of the Agreement, the Operator finds it necessary to provide substitute storage facilities to the Customer, the Operator may do so provided any additional costs involved in the transfer of Products is at the expense of the Operator and the Operator has obtained the Customer’s prior approval (not to be unreasonably withheld or delayed). Any such substitute storage facilities, while in use under this Agreement, shall be Storage Facilities referred to in this Agreement. The Operator shall compensate the Customer for the cost of any Product lost as a result of the use of such substitute Storage Facilities which is only beyond the tolerance rule of 0.5 % plus or minus and that is caused by gross negligence of the Operator.

Appears in 2 contracts

Samples: Commercial Storage Agreement (Brooge Energy LTD), Commercial Storage Agreement (Brooge Energy LTD)

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Substitute Storage Facilities. If at any time during the term of the Agreement, . the Operator finds it necessary to provide substitute storage facilities to the Customer, the Operator may do so provided any additional costs involved in the transfer of Products is at the expense of the Operator and the Operator has obtained the Customer’s prior approval (not to be unreasonably withheld or delayed). Any such substitute storage facilities, while in use under this Agreement, shall be Storage Facilities referred to in this Agreement. The Operator shall compensate the Customer for the cost of any Product lost as a result of the use of such substitute Storage Facilities which is only beyond the tolerance rule of 0.5 % plus or minus and that is caused by gross negligence of the Operator.

Appears in 1 contract

Samples: Brooge Energy LTD

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Substitute Storage Facilities. If at any time during the term of the Agreement, the Operator finds it necessary to provide substitute storage facilities to the Customer, the Operator may do so provided any additional costs involved in the transfer of Products is at the expense of the Operator and the Operator has obtained the Customer’s prior approval (not to be unreasonably withheld or delayed). Any such substitute storage facilities, while in use under this Agreement, shall be Storage Facilities referred to in this Agreement. The Operator shall compensate the Customer for the cost of any Product lost as a result of the use of such substitute Storage Facilities which is only beyond the tolerance rule of 0.5 0.5% plus or minus and that is caused by gross negligence of the Operator.

Appears in 1 contract

Samples: Brooge Energy LTD

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