Excess Receipts Sample Clauses

Excess Receipts. If Shipper shall desire to tender to Company on any day beginning with Shipper's Billing Commencement Date, at any of Shipper's Points of Receipt, a quantity of gas in excess of Shipper's Daily Receipt Quantity for such Point of Receipt for such day, it shall notify Company of such desire. If Company in its sole judgment, determines that it has available the necessary capacity to receive and transport all or any part of such excess quantity and make deliveries in respect thereof, and that the performance of Company's obligations to other Shippers under their Agreements will not be adversely affected thereby, Company may elect to receive from Shipper said excess quantity or part thereof, and shall so notify Shipper. Scheduling of Excess Receipts will be in accordance with Section 10 of the General Terms and Conditions.
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Excess Receipts. When the actual quantity of Gas received at a Point(s) of Receipt, less Fuel and Loss, exceeds the confirmed Delivery Nomination, the excess quantity of Gas, hereinafter referred to as “Excess Receipts”, shall be sold by Shipper and purchased by Gatherer at a purchase price equal to eighty percent (80%) of the lowest daily price posted for Houston Ship Channel, as reported in Gas Daily, published by The MxXxxx-Xxxx Companies, during the Month in which the imbalance occurred, less the applicable location differential and transport fuel. In the event Gas Daily ceases to be published or fails to report the necessary index price, Gatherer shall notify Shipper of the substitute index price to be used.
Excess Receipts. If Shipper shall desire to tender to Company on any day beginning with Shipper's Billing Commencement Date, at any of Shipper's Points of Receipt, a quantity of gas in excess of Shipper's Daily Receipt Quantity for such Point of Receipt for such day, it shall notify Company of such desire. If Company in its sole judgment, determines that it has available the necessary capacity to receive and transport all or any part of such excess quantity and make deliveries in respect thereof, and that the performance of Company's obligations to other Shippers under their Agreements will not be adversely affected thereby, Company may elect to receive from Shipper said excess quantity or part thereof, and shall so notify Shipper. Scheduling of Excess Receipts will be in accordance with Section 10 of the General Terms and Conditions. Company shall deliver gas to Shipper at the Point(s) of Delivery and under the conditions specified in Exhibit A hereto and in accordance with Section 13 of the General Terms and Conditions.
Excess Receipts. If Shipper shall desire to tender to Company on any day beginning with Shipper's Billing Commencement Date, at any of Shipper's Points of Receipt, a quantity of gas in excess of Shipper's Daily Receipt Quantity for such Point of Receipt for such day, it shall notify Company of such desire. If Company in its sole judgment, determines that it has available the necessary capacity to receive and transport all or any part of such excess quantity and make deliveries in respect thereof, and that the performance of Company's obligations to other Shippers under their Service Agreements will not be adversely affected thereby, Company may elect to receive from Shipper said excess quantity or part thereof, and shall so notify Shipper. Scheduling of Excess Receipts will be in accordance with Subsection 5.3 of Rate Schedule T-1, Section 5 of Rate Schedule IT-1 and Subsection 5.1 in Rate Schedule OT-1. If more than one of the Shippers subject to Rate Schedule T-1 shall notify Company of a desire to tender gas to Company pursuant to Article 2 of their respective Service Agreements on any day, Company, if it elects to receive less than all of such gas, shall, except as otherwise required by Subsection 5.3 of Rate Schedule T-1 and Subsection 13.73 of the General Terms and Conditions, allocate among such Shippers the aggregate quantity it so elects to receive in proportion to their respective Total Maximum Receipt Quantities or in such other equitable manner as Company's operating conditions and the availability of its facilities may reasonably require. Receipt of gas under this Article 2 which Company has previously elected to receive from Shipper may be curtailed partially or entirely at any time or from time to time by Company at will, in which event Company shall so notify Shipper of its decision.
Excess Receipts. If Shipper shall desire to tender to Company on any day beginning with Shipper's Billing Commencement Date, at any of Shipper's Points of Receipt, a quantity of gas in excess of Shipper's Daily Receipt Quantity for such Point of Receipt for such day, it shall notify Company of such desire. If Company in its sole judgment, determines that it has available the necessary capacity to receive and transport all or any part of such excess quantity and make deliveries in respect thereof, and that the performance of Company's obligations to other Shippers under their Agreements will not be adversely affected thereby, Company Contract #: T1118F NORTHERN BORDER PIPELINE COMPANY U. S. SHIPPERS SERVICE AGREEMENT may elect to receive from Shipper said excess quantity or part thereof, and shall so notify Shipper. Scheduling of Excess Receipts will be in accordance with Section 10 of the General Terms and Conditions.
Excess Receipts. When the actual quantity of Gas received at a Point(s) of Receipt, less Fuel and Loss, exceeds the confirmed Delivery Nomination, the excess quantity of Gas, hereinafter referred to as “Excess Receipts”, shall be sold by Shipper and purchased by Gatherer at a purchase price equal to eighty percent (80%) of the lowest daily price, as reported in Gas Daily Panhandle, TX,- Okla.,, published by The MxXxxx-Xxxx Companies, during the Month in which the imbalance occurred, less the applicable location differential and transport fuel. In the event Gas Daily Panhandle, TX.-Okla. ceases to be published or fails to report the necessary index price, Gatherer shall notify Shipper of the substitute index price to be used.
Excess Receipts. If Shipper shall desire to tender to Company on any day beginning with Shipper's Billing Commencement Date, at any of Shipper's Points of Receipt, a quantity of gas in excess of Shipper's Daily Receipt Quantity for such Point of Receipt for such day, it shall notify Company of such desire. If Company in its sole judgment, determines that it has available the necessary capacity to receive and transport all or any part of such excess quantity and make deliveries in respect thereof, and that the performance of Company's obligations to other Shippers under their Agreements will not be adversely affected thereby, Company may elect to receive from Shipper said excess quantity or part thereof, and shall so notify Shipper. Scheduling of Excess Receipts will be in accordance with Section 10 of the General Terms and Conditions. Contract #: T1116F NORTHERN BORDER PIPELINE COMPANY U. S. SHIPPERS SERVICE AGREEMENT ARTICLE 3 - DELIVERIES Company shall deliver gas to Shipper at the Point(s) of Delivery and under the conditions specified in Exhibit A hereto and in accordance with Section 13 of the General Terms and Conditions.
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Excess Receipts. If Shipper shall desire to tender to Company on any day beginning with Shipper's Billing Commencement Date, at any of Shipper's Points of Receipt, a quantity of gas in excess of Shipper's Daily Receipt Quantity for such Point of Receipt for such day, it shall notify Company of such desire. If Company in its sole judgment, determines that it has available the necessary capacity to NORTHERN BORDER PIPELINE COMPANY U. S. SHIPPERS SERVICE AGREEMENT receive and transport all or any part of such excess quantity and make deliveries in respect thereof, and that the performance of Company's obligations to other Shippers under their Agreements will not be adversely affected thereby, Company may elect to receive from Shipper said excess quantity or part thereof, and shall so notify Shipper. Scheduling of Excess Receipts will be in accordance with Section 10 of the General Terms and Conditions. NORTHERN BORDER PIPELINE COMPANY U. S. SHIPPERS SERVICE AGREEMENT ARTICLE 3 - DELIVERIES Company shall deliver gas to Shipper at the Point(s) of Delivery and under the conditions specified in Exhibit A hereto and in accordance with Section l3 of the General Terms and Conditions.
Excess Receipts. When the actual quantity of gas received at a Receipt Point, less System Shrink, exceeds the confirmed Delivery Nomination, the excess quantity of gas, hereinafter referred to as “Excess Receipts,” shall be sold by Processor and purchased by Gatherer at a purchase price equal to the lesser of (a) the cashout amount paid by Processor’s Receiver, (b) the amount Gatherer actually received for the sale of Excess Receipts or (c) the average of the daily prices posted for the “Daily Midpoint” quoted in PLATTS’ (or any successor thereto) “GAS DAILY” under the heading “DAILY PRICE SURVEY,” the category “South-Corpus Christi,” “Tennessee, zone 0,” during the Month in which the imbalance occurred. In the event Gas Daily, ceases to be published or fails to report the necessary index price, the parties shall mutually agree on a substitute index price to be used.
Excess Receipts. When the actual quantity of Gas received at a Receipt Point, less Fuel and Loss, exceeds the confirmed Delivery Nomination, the excess quantity of Gas is hereinafter referred to as “Excess Receipts”. If Excess Receipts are equal to or less than five percent (5%) of confirmed Delivery Nominations, the Excess Receipts shall be sold by Shipper and purchased by Gatherer at a purchase price equal to one hundred percent (100%) of the First of the Month Price for Colorado Interstate Gas for the location specified in the Commercial Terms, as reported in Platt’s Inside FERC in the Month in which the imbalance occurred (“Cash Out Price”). The amount of Excess Receipts greater than five percent (5%) shall be sold by Shipper and purchased by Gatherer at a purchase price equal to eighty percent (80%) of the Cash Out Price. In the event Platts Inside FERC First of the Month Price for Colorado Interstate Gas ceases to be published or fails to report the necessary index price, Gatherer shall notify Shipper of the substitute index price to be used.
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