GSB Facility definition

GSB Facility the underground gas reservoir Bergermeer, its xxxxx, equipment, pipelines between the xxxxx and the treatment facility, treatment, compression and processing facilities and pipelines up to the Connection Point, including pigging systems, electrical systems, power cables, transformers, communication and data systems, control systems, instrumentation and other systems or apparatus;

GSB Facility is defined in Recital A;

Examples of GSB Facility in a sentence

• The Outage Notice shall specify the relevant “Injection Outage Factor” or “iof” and/or the relevant “Withdrawal Outage Factor” or “wof” and/or the relevant “Injection Transport Factor” or “itf” and/or the relevant “Withdrawal Transport Factor” or “wtf” reflecting to which extent injection in the GSB Facility or withdrawal from the GSB Facility is (or is to be) unavailable or restricted during such Outage Hour.

• GSB and the Customer are party to a Standard Storage Services Agreement (the “SSSA”) in respect of the GSB Facility, and at the SBU auction held on [●] the Customer has purchased Capacity from GSB and GSB has sold such Capacity to the Customer.

• At the SBU auction held on [●], the Customer has purchased from GSB and GSB has sold to the Customer standard bundled units of Capacity at the GSB Facility (“SBU”) in the number, for a term, for the fees and at other conditions as specified below.