Storage Inventory definition

Storage Inventory means the quantity of working Gas, expressed in Dths, that a Customer has in place in TRES PALACIOS’ storage facilities for Customer’s account.
Storage Inventory means the quantity of Working Gas, expressed in Dths, which a Customer has in place in the CADEVILLE STORAGE FACILITY for Customer’s account pursuant to a Service Agreement, provided that the Storage Inventory shall never exceed Customer’s Maximum Storage Quantity as specified in the applicable Service Agreement.
Storage Inventory means the quantity of Gas, expressed in Dths, in Customer’s storage inventory account under any Rate Schedule.

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.


More Definitions of Storage Inventory

Storage Inventory means the quantity of gas in Dth that a Customer has in place at Operator’s storage facilities for Customer’s account, provided that the Storage Inventory shall never exceed Customer’s Maximum Storage Quantity.
Storage Inventory means the quantity of Gas in MMBtu that a Shipper has in place at Hill- Lake’s storage Facilities for Shipper’s account, provided that the Storage Inventory shall never exceed Shipper’s Maximum Storage Quantity.
Storage Inventory means the quantity of Gas, expressed in Dth, stored in Egan Hub's storage facilities for Customer's account.
Storage Inventory means the quantity of Gas, expressed in Dth, that a Customer has in place in Steckman Ridge's storage facilities for Customer's account.
Storage Inventory means the quantity of Working Gas, expressed
Storage Inventory means the quantity of working Gas, expressed in Dths, that a Customer has in place in Ryckman Creek’s storage facilities for Customer’s account.
Storage Inventory means the quantity of Working Gas, expressed in Dth, that a Customer has in place in Caledonia’s Storage Facility for Customer’s account, provided that the Storage Inventory shall never exceed Customer’s Maximum Storage Quantity.