BALANCING OF VOLUMES Sample Clauses

BALANCING OF VOLUMES. The volume of gas received on a daily basis for Xxxxx's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Xxxxx's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. If the net imbalance is such that the Buyer has received less gas than was delivered to the Seller, the Seller will buy excess gas at Seller's lowest delivered purchase price in that month from any of Seller's suppliers.
Sample 1Sample 2Sample 3See All (29)
AutoNDA by SimpleDocs
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Xxxxx's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Xxxxx's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. If the net imbalance is such that the Buyer has received less gas than was delivered to the Seller, the Seller will buy excess gas at Seller's lowest delivered purchase price in that month from any of Seller's suppliers. SCEG06-012 POSSESSION OF GAS After Buyer delivers gas or causes gas to be delivered to Seller at the point(s) of receipt hereunder, Xxxxxx shall be deemed to be in control and possession of the gas until it is redelivered to Buyer at the point of delivery. Buyer shall have no responsibility with respect to any gas deliverable by Seller or on account of anything which may be done, happen or arise, with respect to such gas until Seller delivers such gas to Buyer or for the account of Buyer. Seller shall have no responsibility with respect to such gas before Buyer delivers such gas to Seller or after Seller redelivers such gas to Buyer or on account of anything which may be done, happen or arise with respect to such gas before such delivery or after such redelivery.
Sample 1Sample 2See All (5)
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Buyer's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Buyer's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. If the net imbalance is such that the Buyer has received less gas than was delivered to the Seller, the Seller will buy excess gas at Seller's lowest delivered purchase price in that month from any of Seller's suppliers. Seller shall not exceed the Contract Maximum Daily Quantity specified in Paragraph 2, DAILY DELIVERlES. In the event a daily volume is delivered to Seller which exceeds the Contract Maximum Daily Quantity, the excess daily volumes will be purchased by Seller at Seller's lowest delivered price from any of Seller's suppliers.
Sample 1See All (4)
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Xxxxx's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Xxxxx's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. If the net imbalance is such that the Buyer has received less gas than was delivered to the SCEG06-012 Paragraph 2, DAILY DELIVERlES. In the event a daily volume is delivered to Seller which exceeds the Contract Maximum Daily Quantity, the excess daily volumes will be purchased by Seller at Seller's lowest delivered price from any of Seller's suppliers.
Sample 1
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Xxxxx's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Buyer1S account will· be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. lf the net imbalance is such that the Buyer has received less gas than was delivered to the Seller, the Seller will buy excess gas at Seller1s lowest delivered purchase price in that month from any of Scllet·'s suppliers. 8P. OGSASSESABdgfuectalaydsiruevatpsrehtieorevsihSebderelelueemrde rtetodospSepolBeiihclvnnulatoetyvre SdiQdvstwSaeibuopwPuneilSe2epleitllasixhunlhyle,vecphrltcimoIerClaxeilhtacneM’lfitgrtcelehseoieDteheleryerxrnsdae happen arise with respect such aBodacufnecSylyoieetuvlhrlneeirtnrs taohaocrerfceisosepu,enctt before such delivery or after such redelivery.
Sample 1
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Buyer's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Buyer's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the netimbalanceis suchthat the Buyerhasreceivedmore gasthanwas deliveredto the Sellerduring the period underreview,Buyer shallbebilled for suchexcessatthe Base Rateasspecifiedin the ServiceAgreementwhich providesfor standbyservice. If the net imbalanceis such that the Buyer hasreceivedless gasthanwas deliveredto the Seller,the Sellerwill buy excessgasat Seller'slowest deliveredpurchaseprice in that monthfrom anyof Seller'ssuppliers. Daily volumestransportedby Sellershall not exceedthe ContractMaximum Daily Quantityspecifiedin Paragraph2, DAILY DELIVERIES. In theeventa dailyvolume is delivered by South Carolina Pipeline Corporation which exceedsthe Contract Maximum Daily Quantity, the excessdaily volumes will be purchasedby Seller at Seller'slowestdeliveredpricefrom anyof Seller'ssuppliers.
Sample 1
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Xxxxx's account may not equal the _._-------------------------- --------- - - - ._------------------------- ----------------- -- - - --- ---- ---- volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Xxxxx's account will be reviewed at the end of each month, or on te=ination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. If the net imbalance is such that the Buyer has received less gas than was delivered to the Seller, the Seller will buy excess gas at Seller's lowest delivered purchase price in that month from any of Seller's suppliers.
Sample 1
AutoNDA by SimpleDocs
BALANCING OF VOLUMES. The volume of gas received on a daily basis for Xxxxx's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Xxxxx's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance is such that the Buyer has received more gas than was delivered to the Seller during the period under review, Buyer shall be billed for such excess at the Base Rate as specified in the Service Agreement which provides for standby service. If the net imbalance is such that the Buyer has received less gas than was delivered to the Seller, the Seller will buy excess gas at Seller's lowest delivered purchase price in that month from any of Seller's suppliers. SCEG06-012 8PdiSdvs.stwaSOeGbuowPiele2eplDilSlaiAxahuDlylSev,prlStcAimrIaeStlEceQ’enEhiagdrltlshvevelLeheLSuarersxeod htrAhaBtheaSdoaeBocdfrsertueprfcteheiSpugdeyeyolbspodsleBileyaeueresierepveuehcsvlaelnht,urrnelnihatrebediavywcrvtve relset dferlliieveannrsde,dinSasdenaeldvlmeernif TBwhfuioieatytsrsertalrhfna, ttdteolihgvaoevroeyd 9bWoas.odenaOcuTwTefAnecGmcFbIolloyOhTiRieAravutvieLhfycRenSetihEertAnysr from actions, accounts, damages, costs, losses and expenses arising from or out of adverse claims of any or all persons to said gas, including claims for any royalties, taxes, license fees or charges applicable to such gas or to the delivery thereof to Seller for transportation.
Sample 1
BALANCING OF VOLUMES. The volume of gas .received on a daily basis for Xxxxx's account may not equal the volume, less shrinkage, delivered to the Buyer. The result will be deemed an imbalance. Xxxxx's account will be reviewed at the end of each month, or on termination of Transportation Service, or curtailment or discontinuance thereof. If the net imbalance· is such that the Buyer has received more gas than was delivered to· the Seller during the ,period under review, Buyer sh~ll b~ biJ]ed for s~ch excess .at the Bas.e ·Rate as. specified in the.Service Agreement which provides for standby service. If the net inibafance is s.uch that the Buyer has received less gas than was delivered to the Seller~ the Seller will buy excess _gas at Seller's lowest delivered pqrchase price in. that ~onth from a);ly of Seller!s suppliers.
Sample 1

Related to BALANCING OF VOLUMES

  • Imbalances The parties hereto recognize that with respect to Section 2.01, on any Day, receipts of gas by Union and deliveries of gas by Union may not always be exactly equal, but each party shall cooperate with the other in order to balance as nearly as possible the quantities transacted on a daily basis, and any imbalances arising shall be allocated to the Facilitating Agreements and shall be subject to the respective terms and charges contained therein, and shall be resolved in a timely manner.

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • Billing Rates The Contractor shall be reimbursed for the services performed by its employees under the terms of this Agreement at the lesser of employee’s billing rate set forth in the Budget or the employee’s billing rate applicable at the time the Work is performed. Such billing rates shall be inclusive of actual Cash-based Expenses in the form of wages paid the employee, fringe benefits, overhead, general and administrative (G&A), and other indirect costs. Contractor hereby warrants and guarantees that the billing rates charged herein are Contractor’s customary billing rates for performance of work of the type described in the Statement of Work attached hereto.

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • Receipt Points The Points of Receipt are listed in Appendix 2.

  • Balancing Full load hours for combined assignments other than those specified above shall be determined by the following formula: Hours of assignment, Type 1 + Hours of assignment, Type 2 + Hours of assignment, Type 3 = 1 Full load for assignment Full load for assignment Full load for assignment Type 1 Type 2 Type 3 Underload shall be balanced within the following three (3) regular semesters if possible. The faculty member may, at the member’s option, use load from summer sessions to balance an underload. To balance the underload, a unit member may be assigned to no more than two colleges, unless the unit member agrees to other arrangements. The maximum required assignment shall be 1.25 FTE per semester until the underload is eliminated.

  • Interconnection Points 8.5.1 The IP of a Party (“Receiving Party”) for Measured Internet Traffic delivered to the Receiving Party by the other Party shall be the same as the IP of the Receiving Party for Reciprocal Compensation Traffic under Section 7.1 above.

  • Interconnection Point The Service Provider is responsible for connecting to the LFC Network at the Interconnection Point. The LFC may only change an Interconnection Point if a change is necessary to protect the security or integrity of that Interconnection Point in order to maintain the continuity of supply of the Wholesale Services. In the event of any such change:

  • Interconnection Customer Compensation If the CAISO requests or directs the Interconnection Customer to provide a service pursuant to Articles 9.6.3 (Payment for Reactive Power) or 13.5.1 of this LGIA, the CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

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