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.
Prior to the end of the term of the applicable Exhibit B to Customer's Hub Services Agreement, Customer must physically withdraw the Park Balance.
If Customer was unable to withdraw its Park Balance due to an interruption of Customer's withdrawal service during the last ten (10) Days before termination, Customer shall be allowed one extra Day following the end of the term of the applicable Exhibit B to Customer's Hub Services Agreement for each Day of the interruption of Customer's withdrawal service, or such other time period as agreed upon by Egan Hub and Customer, to withdraw its Park Balance.
In accordance with Michigan law, all projects with a contract amount over $50,000.00 will require a performance and payment bond covering the entire amount of the contract price, which shall become binding upon the award of the contract.
If, by the end of the Gas Day that is the last Gas Day of the term of the applicable Exhibit B to Customer's Hub Services Agreement, Customer has not withdrawn the Park Balance, then Egan Hub may take, free and clear of any adverse claims, title to such Park Balance as Customer was required, but failed, to withdraw; provided, however, that only those quantities not withdrawn shall become the property of Egan Hub, free and clear of any adverse claims.