Standby Gas definition

Standby Gas means gas procured by KUB for the account of a Customer in the event of failure of the Customer’s supplier to Deliver Transport Gas to KUB.
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Examples of Standby Gas in a sentence

  • The Marketer or Broker will pay the Standby Gas Service Charges until such time as twelve months have passed without a single failure to deliver the minimum daily volume.

  • Standby Gas Service will commence with the fourth occurrence of delivery default.

  • If the Marketer or Broker fails to deliver the minimum daily volume by greater than ten (10) Dth (100 therms) for more than three (3) days during a rolling twelve-month period, then the Marketer or Broker will be assigned Standby Gas Service at a volume equal to the highest deficiency on the days when the delivery failures occurred.

  • Standby Gas provided under this Rate shall be on a firm basis and shall not be subject to reduction or interruption except as permitted under the Company’s Rules and Regulations.

  • This includes ensuring secondary containment is OPERABLE; at least one Standby Gas Treatment (SGT) subsystem is OPERABLE; and [secondary containment] isolation capability (i.e., at least one secondary containment isolation valve and associated instrumentation are OPERABLE, or other acceptable administrative controls to assure isolation capability) in each associated penetration flow path not isolated that is assumed to be isolated to mitigate radioactivity releases.

  • Relay Technician Continue - Gas Control Technician Continue - Stand-by Gas Construction Crew Leader Continue - Gas System Crew Leader (Regulation or Storage Field) For the above employees, provisions of Article IX, Paragraph 7.2 regarding travel time will not apply.

  • A plant Standby Gas Treatment System is provided to filter the secondary containment ventilation exhaust and discharge it to the off-gas vent stack during plant secondary containment system isolation conditions.

  • The inspectors performed equipment alignment walk-downs of the: • Unit 2/3 Standby Gas Treatment System;• Unit 2/3 Emergency Diesel Generator;• Unit 3 High Pressure Coolant Injection System;• Unit 2 High Pressure Coolant Injection System;• Unit 2A Core Spray System; and• Unit 2B Core Spray System.

  • Any leakage from the Primary Containment System is to the Secondary Containment System which consists of the reactor building, the plant Standby Gas Treatment System, and the plant main stack.

  • The inspectors reviewed the following systems: • Reactor Building Heating, Ventilation, and Air-Conditioning;• Standby Gas Treatment System; and• Secondary Containment.

Related to Standby Gas

  • Standby L/C an irrevocable letter of credit under which the Issuing Lender agrees to make payments in Dollars for the account of Borrower, on behalf of Borrower or any Qualified Subsidiary in respect of obligations of Borrower or such Subsidiary incurred pursuant to contracts made or performances undertaken or to be undertaken or like matters relating to contracts to which Borrower or such Qualified Subsidiary is or proposes to become a party in Borrower’s or such Qualified Subsidiary’s business, including, without limiting the foregoing, for insurance purposes or in respect of advance payments or as bid or performance bonds or for any other purpose for which a standby letter of credit might customarily be issued.

  • Standby Fee With respect to each Mortgage Loan and each REO Loan, the fee designated as such and payable to the Special Servicer pursuant to the second paragraph of Section 3.11(c).

  • Standby is displayed, followed by a message stating “Bidding started”. Enter your “Start bid”.

  • Standby LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding standby Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements relating to standby Letters of Credit that have not yet been reimbursed by or on behalf of the Borrowers at such time. The Standby LC Exposure of any Revolving Lender at any time shall be its Applicable Percentage of the total Standby LC Exposure at such time.

  • Standby Letter of Credit means any Letter of Credit other than a Commercial Letter of Credit.

  • Standby Letters of Credit shall have the meaning assigned to such term in Section 2.05(a).

  • Standby Letter of Credit Fee shall have the meaning assigned to such term in Section 3.5(b)(i).

  • Standby Letter of Credit Agreement means the Standby Letter of Credit Agreement relating to the issuance of a Standby Letter of Credit in the form from time to time in use by the L/C Issuer.

  • DailyRatei-LP means, for any RFR Banking Day "i" in the Cumulation Period, the Daily Rate for the RFR Banking Day which is the applicable Lookback Period prior to that RFR Banking Day "i";

  • Evergreen Letter of Credit has the meaning set forth in Section 2.01.

  • Facility LC Application is defined in Section 2.19.3.

  • Fronted Letter of Credit means a standby Letter of Credit issued by an Issuing Lender having an L/C Fronting Commitment in which each Lender purchases a risk participation pursuant to Section 3.4.

  • Facility Letter of Credit means a Letter of Credit issued hereunder.

  • Letter of Credit means any letter of credit issued hereunder. A Letter of Credit may be a commercial letter of credit or a standby letter of credit.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • Zero gas means a gas containing no analyte, which is used to set a zero response on an analyser.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • Documentary Letter of Credit means any Letter of Credit that is drawable upon presentation of documents evidencing the sale or shipment of goods purchased by the Borrower or a Guarantor in the ordinary course of its business.

  • Initial Bond Issue means the issuance of the Initial Bonds. "Initial Bonds" means the Bonds issued on the First Issue Date.

  • LCME means Liaison Committee on Medical Education, an organization that accredits educational institutions granting degrees in medicine and surgery. The board approves programs that are accredited by LCME.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Multicurrency Letters of Credit means Letters of Credit that utilize the Multicurrency Commitments.

  • Commercial Letter of Credit means any letter of credit or similar instrument issued for the purpose of providing the primary payment mechanism in connection with the purchase of any materials, goods or services by Company or any of its Subsidiaries in the ordinary course of business of Company or such Subsidiary.