Obligations of Manager. Manager shall, in addition to any other obligations under this Agreement: (a) deliver quantities of Natural Gas to UGI in accordance with UGI Withdrawal Nominations in an amount that shall not exceed the sum of the Initial Storage Inventory Quantity, SEIQ quantities and Injection nominations; and (b) arrange for the injection during the Summer Season of the SEIQ quantities specified by UGI with respect to each storage Contract; and (c) purchase or sell Gas from or to UGI to accommodate UGI daily balancing requirements, to the extent required under applicable rules and regulations; and (d) at the conclusion of the Term or when UGI otherwise recalls any released Contracts, transfer any associated Contract storage inventories to UGI; and (e) manage the Assets and associated storage inventories in accordance with all applicable laws and regulations and prudent business practices; and (f) act at all times as an independent contractor responsive to the interests of UGI; and (g) perform required purchase and sale activities consistent with the rules set forth in Appendix D.
Appears in 2 contracts
Sources: Asset Management Agreement, Asset Management Agreement