Common use of Disposition of Storage Account Balance at Termination or Expiry Clause in Contracts

Disposition of Storage Account Balance at Termination or Expiry. Upon the termination or expiry of this Agreement, any volume of gas in storage pursuant to this Agreement (for certainty, the Storage Account Balance) which shall not be carried forward by the Customer in accordance with Section 7.4.5, shall be either withdrawn by the Customer or transferred by the Customer by way of a Transfer of Title within five (5) Business Days of such date of termination (as applicable). Upon completion of such five (5) day period, the Customer shall sell any remaining gas constituting such residual Storage Account Balance to the Company, forthwith upon receipt of a notice from the Company in respect thereof, for an amount calculated pursuant to the formula set out in Part 4 of Appendix “A”. Any disposition by the Customer contemplated by this Section 13.4 (other than dispositions to the Company contemplated herein) shall be made in accordance with the volumetric and other limitations set forth in this Agreement.