Common use of Allocation of Variances Clause in Contracts

Allocation of Variances. The difference on any Day between the Scheduled Quantities and the actual quantity delivered at the Delivery Point(s) shall be the Daily Variance and shall be allocated to this Agreement. The difference between the sum of the Scheduled Quantities during a calendar month and the total actual quantity delivered at the Delivery Point(s) during the calendar month shall be the Monthly Operational Imbalance. Any Monthly Operational Imbalances will be resolved in accordance with Article III.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

AutoNDA by SimpleDocs

Allocation of Variances. The difference on any Day day between the Scheduled Quantities at all Receipt Points and the total actual quantity delivered received at the Delivery Receipt Point(s) shall be the Daily Variance and shall be allocated to this AgreementAgreement and resolved pursuant to the provisions of Rate Schedule LMS-PA. The difference between the sum of the Scheduled Quantities during a calendar month and the total actual quantity delivered received at the Delivery Receipt Point(s) ), during the calendar month shall be the Monthly Operational Imbalance. Any Monthly Operational Imbalances will be resolved corrected in accordance with Article III3.

Appears in 1 contract

Samples: Agreement

Allocation of Variances. The difference on any Day between the Scheduled Quantities at all Receipt Points and the total actual quantity delivered at the Delivery all Receipt Point(s) shall be the Daily Variance and shall be allocated to this Agreement. The difference between the sum of the Scheduled Quantities during a calendar month Month and the total actual quantity delivered at the Delivery Receipt Point(s) during the calendar month ), shall be the Monthly Operational Imbalance. Any Monthly Operational Imbalances will be resolved corrected in accordance with Article III.

Appears in 1 contract

Samples: Service Agreement

Allocation of Variances. The difference on any Day day between the Scheduled Quantities and the actual quantity delivered at the Delivery Point(s) shall be the Daily Variance and shall be allocated to this Agreement. The difference between the sum of the Scheduled Quantities during a calendar month and the total actual quantity delivered at the Delivery Point(s) during the calendar month shall be the Monthly Operational Imbalance. Any Monthly Operational Imbalances will be resolved in accordance with Article III3.

Appears in 1 contract

Samples: Midwestern Gas Transmission Company Operational Balancing Agreement

AutoNDA by SimpleDocs

Allocation of Variances. The difference on any Day between the Scheduled Quantities at all Receipt Points and the total actual quantity delivered at the Delivery all Receipt Point(s) shall be the Daily Variance and shall be allocated to this Agreement. The difference between the sum of the Scheduled Quantities during a calendar month and the total actual quantity delivered at the Delivery Receipt Point(s) during the calendar month ), shall be the Monthly Operational Imbalance. Any Monthly Operational Imbalances will be resolved corrected in accordance with Article III.

Appears in 1 contract

Samples: Service Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!