Examples of Storage Receipt Point in a sentence
If Company is satisfied that the volume of gas received by Company at the Storage Receipt Point connected to a Storage Facility was previously delivered by Company at the Storage Delivery Point for such Storage Facility, Company shall not charge Customer for Service under this Rate Schedule IT-S.
A Customer that holds FT-R Service may request the transfer of all or a portion of its Service that is in its Secondary Term to a Storage Receipt Point.
If Customer is not entitled to service under Rate Schedule IT-R at such Storage Receipt Point, then Customer shall pay the IT-R Rate at such Storage Receipt Point in respect of such volume of gas allocated to it hereunder.
If the operator of the gas storage facility fails to provide information to Company’s satisfaction that all or a portion of the volume of gas delivered by Company at the Storage Delivery Point connected to a Storage Facility is for the sole purpose of storage and ultimate receipt by Company from such Storage Facility at the Storage Receipt Point, then Company shall charge for such volumes in accordance with the allocations determined by Company in paragraph 4.2.
The term for any Schedule of Service for Service under Rate Schedule IT-S at each Storage Receipt Point and at each Storage Delivery Point shall be the term requested by Customer, provided that the term is a minimum of one (1) month and terminates on the last day of a Gas Year.
Customer undertakes to cause the operator of the gas storage facility connected to the Storage Receipt Point and the Storage Delivery Point to provide any information necessary to satisfy Company that the volume of gas received by Company at the Storage Receipt Point connected to a Storage Facility was previously delivered by Company at the Storage Delivery Point for such Storage Facility.
If the operator of a gas storage facility fails to provide information to Company’s satisfaction that all or a portion of the volume of gas received by Company at the Storage Receipt Point connected to a Storage Facility was previously delivered by Company at the Storage Delivery Point for such Storage Facility, then Company shall charge for such volumes in accordance with the allocations determined by Company in paragraph 4.1.
Any gas received at a Storage Receipt Point that was not previously subject to a receipt toll on the NGTL System would be treated as an IT-R receipt, subject to the applicable IT-R rate at the Storage Receipt Point.
Once transferred to either a Storage15 Delivery Point or a Storage Receipt Point, the contract is subject to the applicable toll16 for that delivery or receipt point for the duration of the transfer.
If the operator of a gas storage facility fails to provide information to Company’s satisfaction that all or a portion of the volume of gas received by Company at the Storage Receipt Point connected to a Storage Facility was previously delivered by Company at the Storage Delivery Point for such Storage Facility, then Company shall charge for such volumes in accordance with the allocations determined by Company in paragraph 4.1 .