Gas Balance definition

Gas Balance means the difference between the allocated Quantity of Transfer Gas Forward Flow at TTF and the allocated Quantity of Exit Gas or the difference between the allocated Quantity of Entry Gas Reverse Flow at the Entry Point Reverse Flow and the allocated Quantity of Transfer Gas Reverse Flow at TTF.
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Gas Balance means the difference between the allocated Quantity of Entry Gas and the allocatedQuantity of Exit Gas.
Sample 1
Gas Balance means the difference between the allocated Quantity of Entry Gas and the allocated Quantity of Exit Gas.
Sample 1

Examples of Gas Balance in a sentence

  • BBL Company shall endeavour to minimise the Gas Balance at the end of the Gas Day.

  • The start date of withdrawing the Natural Gas Lent: the gas quantity is transferred to the Borrower by - 202_ at the earliest in the Gas Balance, provided the Loan Fee is credited to MFGT’S account.

  • The Gas Balance is positive if the allocated Quantity of Transfer Gas Reverse Flow is lower than the allocated Quantity of Entry Gas Reverse Flow.

  • The Gas Balance is negative if the allocated Quantity of Exit Gas is higher than the allocated Quantity of Transfer Gas Forward Flow .

  • During such settlement the matching procedure and the checking against the contracted Transmission Capacity regarding the Nominations at the Exit Point will take into account any such settlement of the Gas Balance.

  • Xxxxxxxx explicitly understands and by signing this declaration authorizes MFGT to re-transfer to its own name in the Gas Balance and thus have disposal over the gas injected and offered as collateral by the Borrower in order to ensure that the Natural Gas Lent is returned - following it becomes aware of even the slightest deviation from the schedule of returning the Natural Gas Lent, or a material breach of contract by the Borrower.

  • These variable invoices shall show, if and in so far as applicable, - the reduction of the amounts chargeable that have already been invoiced in accordance with the first paragraph above and - the Quantities of Gas allocated to Shipper at the Exit Point for the applicable Month, and - the amounts chargeable in accordance with the for such applicable Month variable costs, and - in case of termination of the Agreement the amounts chargeable as a result of that termination, e.g. settlement of the Gas Balance.

  • Returning Transferring a stock equivalent to the quantity of the Natural Gas Lent to MFGT’s name, into MFGT’s Gas Balance, in MFGT’s IT system from the Borrower’s stock in the storage facility – basically upon the initiative of the Borrower.

  • The Gas Balance is negative if the allocated Quantity of Transfer Gas Reverse Flow is higher than the allocated Quantity of Entry Gas Reverse Flow.

  • The Gas Balance is positive if the allocated Quantity of Exit Gas is lower than the allocated Quantity of Transfer Gas Forward Flow.

Related to Gas Balance

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.