Common use of Allocation Procedures Clause in Contracts

Allocation Procedures. 1. By 12:00 hours on the Day after the Day of Gas delivery, Sellers shall notify Buyer of the Allocated Quantity at the Delivery Point on such Day. 2. Buyer’s Allocated Quantity on any Day shall be calculated as the product of: (a) the Measured Quantity for such Day; and (b) the quotient of: (i) Buyer’s Scheduled Daily Quantity for the relevant Day; and (ii) the total of the scheduled daily quantities for all deliveries at the Delivery Point for the relevant Day. 3. Sellers and Buyer or Xxxxx’s designee shall countersign for each Day an acknowledgement of the Allocated Quantity of Gas delivered by Sellers and received by Buyer or Xxxxx’s designee on the previous Day at the Delivery Point.

Allocation Procedures. 1. By 12:00 hours on the Day after the Day of Gas delivery, Sellers Seller shall notify Buyer of the Allocated Quantity at the Delivery Point on such Day. 2. Buyer’s Allocated Quantity on any Day shall be calculated as the product of: (a) the Measured Quantity for such Day; and (b) the quotient of: (i) Buyer’s Scheduled Daily Quantity for the relevant Day; and (ii) the total of the scheduled daily quantities for all deliveries at the Delivery Point for the relevant Day. 3. Sellers Seller and Buyer or Xxxxx’s designee shall countersign for each Day an acknowledgement of the Allocated Quantity of Gas delivered by Sellers Seller and received by Buyer or Xxxxx’s designee on the previous Day at the Delivery Point.

Allocation Procedures. 1. By 12:00 hours on the Day after the Day of Gas delivery, Sellers Seller shall notify Buyer of the Allocated Quantity at the Delivery Point on such Day. 2. Buyer’s Allocated Quantity on any Day shall be calculated as the product of: (a) the Measured Quantity for such Day; and (b) the quotient of: (i) Buyer’s Scheduled Daily Quantity for the relevant Day; and (ii) the total of the scheduled daily quantities for all deliveries at the Delivery Point for the relevant Day. 3. Sellers Seller and Buyer or XxxxxBuyer’s designee shall countersign for each Day an acknowledgement of the Allocated Quantity of Gas delivered by Sellers Seller and received by Buyer or XxxxxBuyer’s designee on the previous Day at the Delivery Point.

Allocation Procedures. 1. By 12:00 hours on the Day after the Day of Gas delivery, Sellers shall notify Buyer of the Allocated Quantity at the Delivery Point on such Day. 2. Buyer’s Allocated Quantity on any Day shall be calculated as the product of: (a) the Measured Quantity for such Day; and (b) the quotient of: (i) Buyer’s Scheduled Daily Quantity for the relevant Day; and (ii) the total of the scheduled daily quantities for all deliveries at the Delivery Point for the relevant Day. 3. Sellers and Buyer or XxxxxBuyer’s designee shall countersign for each Day an acknowledgement of the Allocated Quantity of Gas delivered by Sellers and received by Buyer or XxxxxBuyer’s designee on the previous Day at the Delivery Point.