Withdrawal Nomination definition

Withdrawal Nomination has the meaning given in clause 5.2;
Withdrawal Nomination means, for each Delivery Day, a nomination made by UGI pursuant to Article V for each Contract indicating the amounts of Gas is wishes to (a) receive from the Assets to meet daily balancing requirements regardless of whether said Gas is actually received from the Assets and (b) receive as a SEWQ.
Withdrawal Nomination has the meaning given in paragraph 1.1(b) of Schedule B Schedule B Storage Nominations Procedures

Examples of Withdrawal Nomination in a sentence

  • Except where Clauses13.3 or 18 apply, where there are insufficient quantities of Gas stored in and available for withdrawal from the Storage Facility pursuant to a Withdrawal Nomination, SL shall be in breach of its obligation to make Gas available for withdrawal by the Customer pursuant to this Storage Services Contract.

  • Where the Customer makes Injection Nominations in relation to the Storage Facility or the Customer makes Withdrawal Nominations in relation to the Storage Facility the Customer shall pay Injection Charges and/or Withdrawal Charges (in accordance with Clause11.2) on the Nominated Quantity under its Injection Nomination and/or Withdrawal Nomination (as the case may be) on the Day.

  • For the avoidance of doubt, where the Customer makes Injection Nominations and/or Withdrawal Nominations which result in a Flow Reversal, the Customer shall pay Injection Charges and Withdrawal Charges (in accordance with Clause11.2) on the Nominated Quantity under its Injection Nomination and Withdrawal Nomination (as the case may be) on the Day.

  • Subject to the provisions of this Section Z and Section R4, a User may make a Storage Renomination in respect of a Storage Withdrawal Nomination.

  • Where a User makes a Storage Renomination of a Storage Withdrawal Nomination (such a Storage Renomination or a Storage Nomination a " relevant Storage Withdrawal Nomination") the implied withdrawal rate shall not exceed the available withdrawal rate and shall not be less than zero.

  • If the User makes a Storage Withdrawal Nomination for any of Days 1 to 5 for a Storage Nomination Quantity greater than that required under paragraph 6.4.1, the User's Nomination shall prevail over the deemed Nomination under paragraph 6.4.1.

  • The Storage Withdrawal Nomination deemed made under paragraph6.4.1 shall be given effect irrespective of the User's Available Storage Deliverability, and the User shall be liable for any Storage Overrun Charge and any Storage Management Charge which may be payable in consequence thereof (as well as for Storage Withdrawal Charges).

  • Subject to paragraphs6.4.3 and 6.4.6, where on any Day a User becomes liable to pay a Storage Overrun Charge in accordance with paragraph 7.1.1, the User shall be deemed to have made a Storage Withdrawal Nomination (and accordingly shall withdraw gas), for each of the 5 consecutive Days (Days 1 to 5) following such Day, for a Storage Nomination Quantity determined as 1/n times the amount of the User's Excess Gas-in- Storage.

  • Where the relevant User has made or makes a Storage Withdrawal Nomination for the Constrained Storage Facility in respect of which the Storage Nomination Quantity exceeds the Storage Constrained Nomination Quantity (in accordance with paragraph 6.9.2(c) but not (d)) the User will be liable (in accordance with paragraph 7) to pay any Storage Overrun Charges which may arise from the Storage Withdrawal Nomination.

  • Where in respect of a Constrained Storage Day a User has made a Storage Withdrawal Nomination in respect of a Constrained Storage Facility which exceeds the Storage Constrained Nomination Quantity (in accordance with paragraph 6.9.2(c) but not (d)) the User may make a Storage Renomination such that the revised Storage Nomination Quantity is not less than the Storage Constrained Nomination Quantity (in accordance with paragraph 6.9.2(c) but not (d)).

Related to Withdrawal Nomination

  • Nomination means a request by a Shipper to Carrier to transport a stated quantity of Crude Petroleum on the Pipeline for the account of such Shipper in any month.

  • Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Statewide popular election means a general election in which votes are cast for