Examples of Park Balance in a sentence
A charge for each Dth of Gas in Customer’s Park Balance at the end of each Day, for each Day during a given Month.
Provided the withdrawal of Gas from storage and delivery of such Gas to Customer can be accomplished by Operator without detriment to Operator's facilities and/or Operator's ability to meet its firm obligations, Operator may, upon request of Customer and after confirmation by Customer's Transporter, schedule and withdraw quantities of Gas in excess of Customer's MDWQ, provided that Customer has sufficient Gas Stored in Customer's Park Balance.
If Customer fails to withdraw such IPS Park Balance, then Operator may take, free and clear of any adverse claims, title to such IPS Park Balance as Customer was instructed to withdraw.
If Customer fails to withdraw such Park Balance, then Egan Hub may take, free and clear of any adverse claims, title to such Park Balance quantities as Customer was instructed, but failed, to withdraw.
The daily withdrawal and delivery of Customer’s gas per Customer’s nomination to the Point(s) of Delivery located on Operator’s Facility up to Customer’s Maximum Daily Withdrawal Quantity (“MDWQ”) stated in Exhibit A of the Hub Services Agreement with Customer, provided that all high priority service nominations for withdrawal have been satisfied, and that Customer has sufficient gas stored in Customer’s Park Balance.