Working Gas Balance definition

Working Gas Balance means the total energy quantity of Working Gas held by a Stor- age User in the Storage Facility at any time.
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Examples of Working Gas Balance in a sentence

  • Whenever a Storage User's Working Gas Balance falls below zero, EKB shall no- tify the Storage User via its Capacity Rights Account (with a copy by email) and require the Storage User to Nominate or Renominate as soon as possible natural gas for injection into the Storage Facility in order to restore its Working Gas Bal- ance to at least zero.

  • The energy equivalent of any such natural gas sold by EKB shall be deducted from the Storage User's Working Gas Balance.

  • EKB shall deduct from each Storage User's Work- ing Gas Balance the proportion of the Lost Working Gas which corresponds to the ratio of the Storage User's Working Gas Balance to the aggregate Working Gas Balances of all Storage Users at the time EKB reasonably determines that such natural gas losses occurred.

  • IV.11 A Storage User whose Interruptible Working Gas Volume is interrupted in accord- ance with Section IV.10 shall reduce its Working Gas Balance or increase its Useable Working Gas Volume so that its Working Gas Balance does not exceed its adjusted Maximum Working Gas Volume after such interruption.

  • A Storage User's Working Gas Balance shall not fall below zero at any time.

  • EKB shall amend final allocation and adjust each Working Gas Balance accordingly if at a future date there is a measurement equipment replacement, repair or recalibra- tion in accordance with § 11.4. The terms of § 13 shall apply to any such adjust- ments that cause a Storage User to exceed its Maximum Working Gas Volume or its Working Gas Balance to fall below zero.

  • This interference created up to three curved diagonal bands of constructive interference with destructive interference in between.

  • The energy equivalent of any such natural gas purchased by EKB shall be booked to the Storage User's Working Gas Balance.

  • EKB may refuse or reduce any Nominations or Renominations of a Storage User that would cause its Forecast Working Gas Balance to fall below zero or to exceed its Maximum Working Gas Volume.

  • The mud buried villages, rice fields, roads, and factories in an area of approximatelysix thousandhectares.

Related to Working Gas Balance

  • Working Interest means an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Capital Base means capital as specified by the central bank from time to time;

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Cash Balance means that investors are required to pay the full amount in cash prior to place their buy order on the security.