Storage Facilities definition
Examples of Storage Facilities in a sentence
SSO will thereby act in accordance with the standards of a reasonable and prudent storage operator by avoiding any danger to humans and the environment and in consideration of the integrity of the Natural Gas Storage Facilities of SSO.
SSO shall be entitled to interrupt or restrict the operation of the Natural Gas Storage Facility due to technical faults of the Natural Gas storage according to sentence 3 (faults) or for carrying out maintenance measures as well as measures for new construction, changes and expansion operations (measures) of the Natural Gas Storage Facilities.
If due to contractually non-compliant behaviour of the Storage Customer - based on reasonable and prudent judgement - not insignificant interferences of the Natural Gas Storage Facilities, the safety of the Natural Gas Storage Facility operation, the rights of third parties or the security of gas supply are to be expected, SSO shall be entitled to reduce or shut down the Natural Gas Storage Facility access insofar, as this eliminates the abnormal condition.
To the extent available, Licensee may use the paid storage facilities described in the Account Summary ("Paid Storage Facilities") to store personal property.
The annual rent for the Fuel Storage Facilities is $394,042.82, payable at $32,836.90 monthly (“Fuel Storage Facilities Rent”).