ALLOCATION OF RESIDUE GAS AND PLANT PRODUCTS Sample Clauses

ALLOCATION OF RESIDUE GAS AND PLANT PRODUCTS. Processor shall determine, on a Monthly basis, the Residue Gas and Plant Products attributable to Producer’s Gas using the allocation methodologies set forth in Exhibit F. From time to time Processor may make changes and adjustments in its allocation methods to improve accuracy, provided that Processor provides written notice, evidencing the reasons for the necessary changes and adjustments, to Producer prior to making such changes or adjustments. ARTICLE VIII
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ALLOCATION OF RESIDUE GAS AND PLANT PRODUCTS. 1. For purposes of determining Plant Product Revenues attributable to Seller's Gas, Buyer/Processor shall multiply the volume in MCF's of Gas attributable to each of Seller's xxxxx by the GPM (Gallons Per MCF) of each Plant Product contained in the well stream. Said GPM shall be determined by chromatograph analysis taken on spot Gas samples from each of Seller's xxxxx and adjusted on an annual basis. The calculated value will be the Total Theoretical Plant Product Content of the Seller's Gas. Said Total Theoretical Plant Product Content shall be divided by the Total Theoretical Plant Product Content of all Gas received and purchased by Buyer/Processer to determine the percentage of Total Plant Products attributable to each of Seller's xxxxx. Division of revenues from Total Plant Products shall be made per the pricing provisions contained herein.
ALLOCATION OF RESIDUE GAS AND PLANT PRODUCTS. 1. For purposes of determining Plant Product Revenues attributable to Seller's Gas, Buyer/Processor shall multiply the volume in MCF's of Gas attributable to each of Seller's xxxxx by the GPM (Gallons Per MCF) of each Plant Product contained in the well stream. Said GPM content is shown on Exhibit C on an estimated basis only and shall be determined by chromatagraph analysis taken on spot Gas samples from each of Seller's xxxxx and adjusted on an annual basis. The calculated value will be the Total Theoretical Plant Product Content of the Seller's Gas. Said Total Theoretical Plant Product Content shall be divided by the Total Theoretical Plant Product Content of all Gas received and purchased by Buyer/Processor to determine the percentage of Total Plant Products attributable to each of Seller's xxxxx. Division of revenues from Total Plant Products shall be made per the pricing provisions contained herein.

Related to ALLOCATION OF RESIDUE GAS AND PLANT PRODUCTS

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  • Allocations of Net Profits and Net Losses (a) After giving effect to the allocations under Sections 4.2 and 7.1(b)(v), Net Profits and Net Losses and all related items of income, gain, loss, deduction and credit for each Fiscal Period shall be allocated among the Members in such manner as shall cause the Capital Accounts of each Member to equal, as nearly as possible, (i) the amount such Member would receive if all assets on hand at the end of such year were sold for cash at the Carrying Values of such assets, all liabilities were satisfied in cash in accordance with their terms (limited in the case of Member Nonrecourse Debt and Company Nonrecourse Liabilities to the Carrying Value of the assets securing such liabilities), and any remaining or resulting cash was distributed to the Members under Section 4.4(a), minus (ii) an amount equal to such Member’s allocable share of Minimum Gain as computed immediately prior to the deemed sale described in clause (i) above in accordance with the applicable Treasury Regulations, and minus (iii) the amount any such Member is treated as obligated to contribute to the Company, computed immediately after the deemed sale described in clause (i) above.

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  • Combinations and Split-ups of Receipts Upon surrender of a Receipt or Receipts at the Depositary Office or such other office as the Depositary may designate for the purpose of effecting a split-up or combination of Receipts, subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver a new Receipt or Receipts in the authorized denominations requested evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered.

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