Gas Storage Agreement definition

Gas Storage Agreement means a contract entered into between a person and the Facility Operator, pursuant to which a person is entitled to utilise the Facility for the injection, storage and delivery of Natural Gas, (as amended, supplemented, assigned or novated from time to time);
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Gas Storage Agreement means an Agreement on Access to Storage Facility and Gas Storage pursuant to Section 47 (6) of the Energy Act, whereby the SSO agrees, subject to the conditions set out in valid and effective Rules of Operation of the SSO, to allocate to the gas market participant the agreed Storage Capacity and ensure gas storage throughout the term of the agreement, up to the level of the agreed Storage Capacity, and the gas market participant agrees to pay for the Storage Services and related services;
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Gas Storage Agreement means the contract for access to the Storage Facility and storage of the gas pursuant to the legal regulations valid and effective on the territory of the SR, by which the SSO undertakes, after the conditions stipulated in the valid Rules of Operation of the SSO are met, to allocate to the gas market participant the agreed Storage Capacity and to secure storage of gas during the entire contractual period up to the level of the agreed Storage Capacity, and the gas market participant undertakes to pay for the storage and associated services;
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Examples of Gas Storage Agreement in a sentence

  • The Storage Facility may be the Point of Delivery only with the permission of the Seller and in case that the Buyer has sufficient free storage capacity in its Storage Account under any Gas Storage Agreement concluded between the Seller and the Buyer.


More Definitions of Gas Storage Agreement

Gas Storage Agreement has the meaning set out in Schedule 1;
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Gas Storage Agreement means a contract or agreement referred to in section 54.1(5)(b) or (c) of the Act;
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Gas Storage Agreement means the gas storage agreement, dated as of the Closing Date, setting forth general principles that will form the basis for future collaboration between the Borrower and the Seller pertaining to underground natural gas storage for production from certain Hydrocarbon Licenses, and in substantially the form set forth in Annexure D to the Acquisition Agreement.
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Related to Gas Storage Agreement

  • Interconnection Agreement or "Agreement" is an agreement entered into between CenturyLink and CLEC for Interconnection, Unbundled Network Elements or other services as a result of negotiations, adoption and/or arbitration or a combination thereof pursuant to Section 252 of the Act. When CLEC signs and delivers a copy of this Agreement to CenturyLink pursuant to the notice provision of the Agreement, it becomes the Interconnection Agreement between the Parties pursuant to Section 252(e) of the Act.

  • Generation Interconnection Agreement means the generation interconnection agreement to be entered into separately between Seller and PGE, providing for the construction, operation, and maintenance of interconnection facilities required to accommodate deliveries of Seller's Net Output.

  • Offtake Agreement means any refining, smelting, brokering, sale, marketing and/or processing agreement entered into by the Owner or its Affiliates with respect to Minerals produced from the Property;

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • PJM Operating Agreement means the Amended and Restated Operating Agreement of PJM or the successor, superseding or amended versions of the Amended and Restated Operating Agreement that may take effect from time to time.

  • Supply Agreement has the meaning set forth in Section 7.1.

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Supply Agreements has the meaning set forth in Section 7.1.

  • Network Operating Agreement means an executed agreement that contains the terms and conditions under which the Network Customer shall operate its facilities and the technical and operational matters associated with the implementation of Network Integration Transmission Service under Tariff, Part III. Network Operating Committee: