Storage and Transportation definition
Examples of Storage and Transportation in a sentence
The Contractor shall develop and update, as necessary, a Packaging, Handling, Storage and Transportation (PHS&T) Program for SSDS equipment developed under this contract.
The Storage or Transportation Service Agreement, the Statement of Conditions for NGPA Section 311(a)(2) for Gas Storage and Transportation Services, and these General Terms and Conditions constitute the entire agreement of the parties hereto as to the matters contained herein, and there are no oral promises, agreements or warranties affecting same.
The Storage and Transportation Fee does not include any loading, handling, transfer and other charges as stated in MPL’s applicable tariffs.
The Monthly holdover storage fee, if any, will be calculated on the same basis as the Storage and Transportation Fee.
Within six (6) months prior to the expiration of the Initial Term or any Renewal Term, the Parties will negotiate in good faith to agree on the Storage and Transportation Fee for the following Renewal Term.
If the Parties cannot agree on the Storage and Transportation Fee for any Renewal Term prior to the commencement of such Renewal Term, the Storage and Transportation Fee in effect immediately prior to the commencement of such Renewal Term shall remain in effect for the duration of such Renewal Term, unless the Parties otherwise mutually agree.
If the Commitment is reduced in accordance with this Section 4.2, then the Storage and Transportation Fee for any Month containing any portion of the period in which such reduction is in effect will be calculated based upon the average Commitment in effect during such Month.
With respect to any activities involving Crude Oil covered by the Storage Facilities Agreement or any Required Storage and Transportation Arrangement, ▇▇▇▇ may from time to time appoint the Company or ▇▇▇▇ as ▇▇▇▇’▇ agent thereunder for such activities as ▇▇▇▇ may specify.
Amended General Terms and Conditions to Bay Gas Storage Company, Ltd.’s Storage and Transportation Service Agreements, dated December 22, 1998, are incorporated by reference as part of this Statement of Conditions.
Crestwood Midstream shall perform its duties and obligations under this Agreement in accordance with Prudent Operating Practices, including standards and procedures at least as high as the standards applied by Crestwood Midstream’s Affiliates in connection with their own Storage and Transportation Activities.