Examples of Base Gas in a sentence
In addition, if Customer's Maximum Daily Withdrawal Quantity is insufficient to allow total withdrawal of its Base Gas Quantity within the 30 day period, that period will be extended by the number of days necessary for Customer's Maximum Daily Withdrawal Quantity to achieve total withdrawal of the volumes.
Effective on the first Gas Day of the Month after payment of the amount invoiced for Customer's Base Gas Quantity, Seller shall cease charging the FSS Base Gas Charge to Customer, on the portion of Customer's Base Gas Quantity purchased by Customer.
In the event the Base Gas storage capacity is needed to satisfy the requirements of new or existing customers, Seller may retain any quantities of Customer's Base Gas Quantity, free and clear of any adverse claims, which Customer fails to withdraw within 30 days of written notice by Seller of Seller's need of the Base Gas storage capacity to meet other requirements.
The term "Customer's Base Gas Quantity" shall mean the quantity of gas which the Customer supplies to Seller determined by multiplying Customer's Maximum Storage Quantity by Seller's actual Base Gas to Working Storage Gas capacity ratio.
Customer's Base Gas Quantity shall be delivered hereunder at daily rates and times within the ability of Customer to Tender for delivery and the ability of Seller to receive and store.
Seller shall redeliver Customer's Base Gas Quantity during the eighteen month period, or such longer period if Customer is unable to accept Gas for redelivery, following the end of the term of Customer's Service Agreement at daily rates and times within the ability of Seller to Tender for delivery and Customer's ability to receive.
Customer may elect by giving Seller written notice no later than six (6) Months prior to the commencement of the Storage Contract Term to provide a volume of Gas for use by Seller as Base Gas equal to Customer's Base Gas Quantity.
Customer may mortgage, pledge or assign its interest in Customer's Base Gas Quantity delivered hereunder and redelivery will be made in accordance with notification(s) reasonably satisfactory to Seller of any such mortgages, pledges or assignments by Customer and/or successors in interest to Customer, but in no event shall redelivery be made earlier than as specified hereinabove.
Customer’s Base Gas (if any) shall be refunded to Customer upon expiration or termination of Customer’s applicable Service Agreement pursuant to mutually agreeable and not unduly discriminatory commercially reasonable terms and conditions relating to the timing of, and rate at which, such Base Gas shall be returned to Customer.
Base Gas: Customer usage that is not seasonally affected by temperature and is constant year round (i.e. water heating, cooking).