Common use of Available Supply Clause in Contracts

Available Supply. Days prior to the beginning of each Month and *** Days prior to any change thereof during the Month, Shipper’s Operator shall submit via LMM’s Nomination System the number of Dth of Gas that Shipper’s Operator will make available at each Receipt Point for the account of Shipper (“Available Supply”). For each Day, Shipper shall submit via LMM’s Nomination System a numerical ranking of Shipper’s Available Supplies to indicate the priority in which Shipper desires its Available Supplies to be scheduled for delivery by LMM (the lower the number the higher the priority). Failure by Shipper to timely submit such ranking shall result in the receipt of deliveries from the Available Supplies on a pro rata basis. LMM may adjust an Available Supply when historical production or current data from LMM’s Telemetering Facilities suggests that the Available Supply is inaccurate (“Adjusted Available Supply”).

Appears in 3 contracts

Samples: Gas Gathering Agreement (Atlas Resources Public #19-2011 (C) L.P.), Gas Gathering Agreement (Atlas Resources Public #18-2008 (A) L.P.), Gas Gathering Agreement (Atlas Energy Resources, LLC)

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Available Supply. Days prior to the beginning of each Month and *** Days prior to any change thereof during the Month, Shipper’s Operator shall submit via LMM’s Nomination System the number of Dth of Gas that Shipper’s Operator will make available at each Receipt Point for the account of Shipper (“Available Supply”). For each Day, Shipper shall submit via LMM’s Nomination System a numerical ranking of Shipper’s Available Supplies to indicate the priority in which Shipper desires its Available Supplies to be scheduled for delivery by LMM (the lower the number the higher the priority). Failure by Shipper to timely submit such ranking shall result in the receipt of deliveries from the Available Supplies on a pro rata basis. LMM may adjust an Available Supply when historical production or current data from LMM’s Telemetering Facilities suggests that the Available Supply is inaccurate (“Adjusted Available Supply”).. GAS GATHERING AGREEMENT (EXPANSION SYSTEM) PAGE 10

Appears in 2 contracts

Samples: Gas Gathering Agreement (Atlas Energy, L.P.), Gas Gathering Agreement (Atlas Resources Series 28-2010 L.P.)

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