Banked Gas Account definition

Banked Gas Account means an account used to track differences between the gas delivered by a direct purchase Customer and the measured consumption at the associated Point(s) of Consumption.
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Banked Gas Account means the account which captures the volumetric variances between deliveries by a gas vendor on behalf of a customer and actual consumption by that customer.3
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Banked Gas Account has the meaning given to such term in Section 3.1 of this Agreement.
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Examples of Banked Gas Account in a sentence

  • The Company shall periodically report to the Applicant the net balance in the Applicant's Banked Gas Account.

  • Any excess of CDS deliveries over consumption will be credited to the customer's Banked Gas Account.

  • If the Applicant is supplying their own gas requirements and if the Applicant request and at the Company’s sole discretion, such Overrun Gas will be debited to the Applicant’s Banked Gas Account.

  • Subject to its ability to do so, the Company will attempt to accommodate arrangements which would permit adjustments to Banked Gas Account balances at times and in a manner which are mutually agreed upon by the Applicant and the Company.

  • Any volume of gas deemed to have been so tendered for sale shall be deemed to have been eliminated from the credit balance of the Banked Gas Account.

  • Any credit balance in the Banked Gas Account not eliminated as aforesaid in the Adjustment Period shall be forfeited to, and be the property of, the Company, and such volume of gas shall be debited to the Banked Gas Account as at the end of the Adjustment Period.

  • SECTION D - BANKED GAS ACCOUNT For T-Service Applicants, the Company shall keep a record ("Banked Gas Account") of the volume of gas delivered by the Applicant to the Company in respect of a Terminal Location (credits) and of the volume of gas taken by the Applicant at the Terminal Location (debits).

  • Overrun Gas up to a maximum of two percent (2%) of the volume delivered by the Applicant in the case of (a) above or two percent (2%) of the Contract Demand in the case of (b) above shall be debited to the Applicant's Banked Gas Account.

  • Any excess of CDSdeliveries over consumption will be credited to the customer's Banked Gas Account.

  • The Banked Gas Account (“BGA”) will be used to accumulate the daily differences between the total quantities of Gas received by the Company from the Customer, and the total quantity of Gas distributed by the Company to the End Use locations listed in Schedule 3, plus any BGA transactions permitted by Authorization Notice.

Related to Banked Gas Account

  • Business Account means an Account used primarily for business purposes and not for personal, family, or household purposes.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Joint Account means an Account opened in more than one name;

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • JetBrains Account or “JBA” means an account at xxxxx://xxxxxxx.xxxxxxxxx.xxx created by Customer, having a unique name and password, and through which Customer has access to Products in accordance with a Toolbox Subscription.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Active Account means an individual investment account in the Plans with a balance greater than $0.00.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Investment Account As defined in Section 3.12(a).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Separate Accounts means the accounts which are to be prepared for each

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Loan Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Linked Account means any controlled disbursement account, controlled balance account or other deposit account maintained by a Collection Account Bank for the Parent, the Performance Guarantor, the Servicer, any Originator or any Affiliate thereof and linked to any Collection Account by a zero balance account connection or other automated funding mechanism or controlled balance arrangement.

  • Affiliate Account means, as to any Access Person, an Account:

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Unallocated Account means the portion of the Trust to which Employer Contributions are made during the Plan Year, in which shares of Company Stock will be held prior to allocation to Participant Accounts, to which dividends paid on such shares of Company Stock will be paid, and from which will be paid expenses of the Plan and Under-Payment Expenses as defined in Section 3.5.

  • Project Accounts means the Revenue Account, the Operating Account, the Maintenance Capital Expense Account, the Debt Service Reserve Account, the Insurance and Condemnation Proceeds Accounts and the Extraordinary Proceeds Account, including any sub-account within such accounts.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.