Examples of Storage Inventory in a sentence
If the volume of Gas physically present is more than the Counterparty Storage Inventory, then Counterparty, at its option, may either pay for the Gas in place, at the Gas Daily price for the applicable area on the date of termination, or require Manager to remove the Gas within thirty (30) days of the date of termination via in place transfer to a third party or withdrawal.
For the initial withdrawal season, the percentages in Exhibit D1 shall be proportionally adjusted to reflect a physical storage volume differing from the Initial Storage Inventory.
Manager will manage the transferred Counterparty Storage Inventory and Capacity Release in a prudent manner consistent with all applicable Tariffs and the operational requirements detailed on Exhibit Q.
At the end of the full term of the Agreement, physical storage gas returned to the control of the Counterparty shall be equal to the Initial Storage Inventory.
Should the Counterparty desire to have storage at a level above the Initial Storage Inventory, the Manager will work with Counterparty and provide on a best efforts basis.