Common use of Daily Nomination Clause in Contracts

Daily Nomination. The Storage Customer may nominate to the Storage Service Provider hourly quantities of the Injection Gas or the Withdrawal Gas. Said Nomination shall be sent prior to 14:00 hours of each Day for the following Storage Day. Subject to Articles 5.1 and 5.2 hereof, the hourly quantities correspond to 1/24 of the daily storage quantity and shall be deemed nominated on an hourly basis.

Appears in 2 contracts

Sources: Operating Agreement, Operating Agreement