North Carolina Gas Storage Service Agreement

State:
Multi-State
Control #:
US-OG-1014
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement for gas storage service.
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FAQ

Terminal Contracts means any Contract of any Target Company for the primary purpose of providing terminal, warehouse, storage, loading and unloading and other similar services at or relating to a terminal facility.

Terminal Use Agreement means an agreement between Owner and a Customer pursuant to which Owner agrees to accept, store and regasify LNG delivered by a Customer to the Facility and deliver Natural Gas to the Customer.

An agreement is a manifestation of mutual assent by two or more persons to one another. It is a meeting of the minds in a common intention, and is made through offer and acceptance. An agreement can be shown from words, conduct, and in some cases, even silence.

North Carolina General Statutes 47G-1 through 47G-7 govern the rent-to-own, or ?option contract? law. There are minimum contract requirements that must be present before the rent-to-own lease agreement is considered valid.

Terminalling means handling and storage of Raw Materials, Intermediates, and/or Finished Products.

Definition. An agreement that is signed between a terminal operator and an oil company, which wants to store product at a terminal.

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North Carolina Gas Storage Service Agreement