Charges for Imbalances Sample Clauses

Charges for Imbalances. (a) The charges for Imbalances for a Service on any Day applicable for the Firm Forward Haulage Service, the Firm Backhaul Haulage Service, the As-Available Forward Haulage Service and the As-Available Backhaul Haulage Service are calculated in accordance with clauses 8.7(b), 8.7(c), 8.7(d) and 8.7(e) and for any Premium Park Service or Other Service, the charges for Imbalances on any Day applicable for that Premium Park Service or Other Service will be as specified in the Annexure for that Premium Park Service or Other Service (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, the Imbalance Charge will be the greater of: (i) if at the end of any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) has for that Day and the immediately preceding three (3) consecutive Days exceeded 10% of the sum of the Operational MDQs for each Path under that Service, the Shipper is required to pay to the Service Providers an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service, for Area 1 to Area 3 haulage, applied for each GJ by which the Cumulative Imbalance is greater than 10% of the sum of the Operational MDQs for each Path under the Service for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the Operational MDQs for each Path under that Service; and (ii) if at the end of any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) exceeds 15% of the sum of the Operational MDQs for each Path under that Service, the Shipper will pay to the Service Providers an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service for Area 1 to Area 3 haulage applied for each Day for each GJ by which the Cumulative Imbalance is greater than 15% of the sum of the Operational MDQs for each Path under that Service. (c) In respect of an As-Available Forward Haulage Service, if at the end of any Day the Shipper's Cumulative Imbalance (whether a positive or negative, but expressed as an absolute value) exceeds 15% of the most recent Confirmed Delivery Nomination, or the sum of the most recent Confirmed Delivery Nominations (if more than one), for that Path under that Service, the Shipper is required to pay to the Service Providers an Imbalance Charge calculated as 40% of the Reference Tariff for the As-Available Forward Haulage Service, for Area 1 to A...
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Charges for Imbalances. (a) The charges for Imbalances for a Service on any Day applicable for the Firm Forward Haulage Service and are calculated in accordance with clause 8.7(b) (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, the Imbalance Charge will be the greater of: (i) If, at the end of any Day, the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) has for that Day and the immediately preceding three (3) consecutive Days exceeded 10% of the sum of the Operational MDQs for each Service, the Shipper is required to pay to the Service Provider an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service applied for each GJ by which the Cumulative Imbalance is greater than 10% of the sum of the Operational MDQs for each Service for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the Operational MDQs for each Service; and (ii) if, at the end of any Day, the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) exceeds 15% of the sum of the Operational MDQs for each Service, the Shipper will pay to the Service Provider an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service applied for each Day for each GJ by which the Cumulative Imbalance is greater than 15% of the sum of the Operational MDQs for each Service.
Charges for Imbalances. (a) The charges for Imbalances for a Zone on any Day applicable for the Firm Forward Haulage Service are calculated in accordance with clause 9.7(b) (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, the Imbalance Charge will be the greater of: (i) if on any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) at a Receipt Point has for the immediately preceding three (3) consecutive Days exceeded 10% of the sum of the MDQs supplied from the Receipt Point under this document, the Shipper is required to pay to the Service Providers an Imbalance Charge of 30% of the then current Reference Tariff for the Firm Forward Haulage Service for Zone 1 to Zone 3 haulage, applied for each GJ in excess of 10% of the sum of those MDQs for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the MDQs; and (ii) on any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) at a Receipt Point exceeds 15% of the sum of the MDQs supplied from that Receipt Point under this document, the Shipper will pay to the Service Providers an Imbalance Charge of 30% of the then current Reference Tariff for the Firm Forward Haulage Service for Zone 1 to Zone 3 haulage, applied for each Day for each GJ in excess of 15% of the sum of those MDQs.
Charges for Imbalances. The charges for Imbalances on any Day applicable for Firm Gas Transportation Services, Backhaul Services and As Available Gas Transportation Services are calculated in accordance with clauses 9.6(b) and 9.6(c) (‘Imbalance Charge’).
Charges for Imbalances. (a) The charges for Imbalances for a Zone on any Day applicable for the Firm Forward Haulage Service, the As-Available Forward Haulage Service and the As-Available Backhaul Haulage Service are calculated by reference to the rates set out in the Annexure applicable to the relevant service and applied in accordance with clauses 8.8(b), 8.8(c) and 8.8(d) (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, if on any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) for a Zone exceeds 5% of the Zonal MDQ, then the Shipper will pay to the Service Provider the Imbalance Charge, applied for each Day for each GJ in excess of 5% of the Zonal MDQ. (c) In respect of an As-Available Forward Haulage Service, if on any Day the Shipper's Cumulative Imbalance (whether a positive or negative, but expressed as an absolute value) at a Receipt Point exceeds 5% of the sum of the Confirmed Delivery Nomination supplied from that Receipt Point under this document, then the Shipper is required to pay to the Service Provider the Imbalance Charge; applied for each Day for each GJ in excess of 5% of the sum of the Confirmed Delivery Nominations. (d) In respect of an As-Available Backhaul Haulage Service, if on any Day the Shipper's Cumulative Imbalance (whether a positive or negative, but expressed as an absolute value) at a Receipt Point exceeds 5% of the sum of the Confirmed Delivery Nomination supplied from that Receipt Point under this document, then the Shipper is required to pay to the Service Provider the Imbalance Charge, applied for each Day for each GJ in excess of 5% of the sum of the Confirmed Delivery Nominations.

Related to Charges for Imbalances

  • Charges for Services In consideration for the Services, Client agrees to pay to Consultant the sum of Two Hundred Thousand (200,000) shares of the common stock of Client, which shall be issued to Consultant as soon as practical following execution hereof, free and clear of all liens, encumbrances and restrictions as provided in Section 4 hereof.

  • Indirect Taxes All payments are exclusive of value added taxes, sales taxes, consumption taxes and other similar taxes (the “Indirect Taxes”). If any Indirect Taxes are chargeable in respect of any payments, the paying Party shall pay such Indirect Taxes at the applicable rate in respect of such payments following receipt, where applicable, of an Indirect Taxes invoice in the appropriate form issued by the receiving Party in respect of those payments. The Parties shall issue invoices for all amounts payable under this Agreement consistent with Indirect Tax requirements and irrespective of whether the sums may be netted for settlement purposes. If the Indirect Taxes originally paid or otherwise borne by the paying Party are in whole or in part subsequently determined not to have been chargeable, all necessary steps will be taken by the receiving Party to receive a refund of these undue Indirect Taxes from the applicable governmental authority or other fiscal authority and any amount of undue Indirect Taxes repaid by such authority to the receiving Party will be transferred to the paying Party within forty-five (45) days of receipt.

  • Outages and Interruptions Outages.

  • Compensation for Damages or Losses When investments by investors of either Contracting Party suffer damages or losses owing to war, armed conflict, a state of national emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party a treatment, as regards compensation or other settlement, not less favourable than that accorded to its own investors or to investors of any Third State.

  • Compensation For Increased Costs and Taxes Subject to the provisions of subsection 2.7B, in the event that any Lender shall determine (which determination shall, absent manifest error, be final and conclusive and binding upon all parties hereto) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective after the date hereof, or compliance by such Lender with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental authority (whether or not having the force of law): (i) subjects such Lender (or its applicable lending office) to any additional Tax (other than any Tax on the overall net income of such Lender) with respect to this Agreement or any of its obligations hereunder or any payments to such Lender (or its applicable lending office) of principal, interest, fees or any other amount payable hereunder; (ii) imposes, modifies or holds applicable any reserve (including without limitation any marginal, emergency, supplemental, special or other reserve), special deposit, compulsory loan, FDIC insurance or similar requirement against assets held by, or deposits or other liabilities in or for the account of, or advances or loans by, or other credit extended by, or any other acquisition of funds by, any office of such Lender (other than any such reserve or other requirements with respect to Eurodollar Rate Loans that are reflected in the definition of Adjusted Eurodollar Rate); or (iii) imposes any other condition (other than with respect to a Tax matter) on or affecting such Lender (or its applicable lending office) or its obligations hereunder or the interbank Eurodollar market; and the result of any of the foregoing is to increase the cost to such Lender of agreeing to make, making or maintaining Loans hereunder or to reduce any amount received or receivable by such Lender (or its applicable lending office) with respect thereto; then, in any such case, Company shall promptly pay to such Lender, upon receipt of the statement referred to in the next sentence, such additional amount or amounts (in the form of an increased rate of, or a different method of calculating, interest or otherwise as such Lender in its sole discretion shall determine) as may be necessary to compensate such Lender for any such increased cost or reduction in amounts received or receivable hereunder. Such Lender shall deliver to Company (with a copy to Administrative Agent) a written statement, setting forth in reasonable detail the basis for calculating the additional amounts owed to such Lender under this subsection 2.7A, which statement shall be conclusive and binding upon all parties hereto absent manifest error.

  • Charges, Taxes and Expenses Issuance of Warrant Shares shall be made without charge to the Holder for any issue or transfer tax or other incidental expense in respect of the issuance of such Warrant Shares, all of which taxes and expenses shall be paid by the Company, and such Warrant Shares shall be issued in the name of the Holder or in such name or names as may be directed by the Holder; provided, however, that in the event that Warrant Shares are to be issued in a name other than the name of the Holder, this Warrant when surrendered for exercise shall be accompanied by the Assignment Form attached hereto duly executed by the Holder and the Company may require, as a condition thereto, the payment of a sum sufficient to reimburse it for any transfer tax incidental thereto. The Company shall pay all Transfer Agent fees required for same-day processing of any Notice of Exercise and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for same-day electronic delivery of the Warrant Shares.

  • Taxes and Other Charges for Which Tenant Is Directly Responsible 4.5.1 Tenant shall be liable for and shall pay ten (10) days before delinquency, taxes levied against Tenant’s equipment, furniture, fixtures and any other personal property located in or about the Premises. If any such taxes on Tenant’s equipment, furniture, fixtures and any other personal property are levied against Landlord or Landlord’s property or if the assessed value of Landlord’s property is increased by the inclusion therein of a value placed upon such equipment, furniture, fixtures or any other personal property and if Landlord pays the taxes based upon such increased assessment, which Landlord shall have the right to do regardless of the validity thereof but only under proper protest if requested by Tenant, Tenant shall upon demand repay to Landlord the taxes so levied against Landlord or the proportion of such taxes resulting from such increase in the assessment, as the case may be. 4.5.2 If the tenant improvements in the Premises, whether installed and/or paid for by Landlord or Tenant and whether or not affixed to the real property so as to become a part thereof, are assessed for real property tax purposes at a valuation higher than the valuation at which tenant improvements conforming to Landlord’s “building standard” in other space in the Building are assessed, then the Tax Expenses levied against Landlord or the property by reason of such excess assessed valuation shall be deemed to be taxes levied against personal property of Tenant and shall be governed by the provisions of Section 4.5.1, above. 4.5.3 Notwithstanding any contrary provision herein, Tenant shall pay prior to delinquency any (i) rent tax or sales tax, service tax, transfer tax or value added tax, or any other applicable tax on the rent or services herein or otherwise respecting this Lease, (ii) taxes assessed upon or with respect to the possession, leasing, operation, management, maintenance, alteration, repair, use or occupancy by Tenant of the Premises or any portion of the Project, including the Project parking facility; or (iii) taxes assessed upon this transaction or any document to which Tenant is a party creating or transferring an interest or an estate in the Premises.

  • Taxes, Charges and Expenses On the issuance of a replacement Note under Section 2.7(a), (i) the Issuer may require the Noteholder of the Note to pay an amount to cover any taxes or other governmental charges imposed and any other reasonable expenses incurred for the replacement Note, (ii) the Indenture Trustee will, for a mutilated Note, cancel the Note and (iii) the Note Registrar will record in the Note Register that the destroyed, lost or stolen Note no longer has the benefits of this Indenture.

  • INDEMNIFICATION FOR DAMAGES, TAXES AND CONTRIBUTIONS CONTRACTOR shall exonerate, indemnify, defend, and hold harmless COUNTY (which for the purpose of paragraphs 5 and 6 shall include, without limitation, its officers, agents, employees and volunteers) from and against: A. Any and all claims, demands, losses, damages, defense costs, or liability of any kind or nature which COUNTY may sustain or incur or which may be imposed upon it for injury to or death of persons, or damage to property as a result of, arising out of, or in any manner connected with the CONTRACTOR'S performance under the terms of this Agreement, excepting any liability arising out of the sole negligence of the COUNTY. Such indemnification includes any damage to the or of CONTRACTOR and third persons. B. Any and all Federal, State and Local taxes, charges, fees, or contributions required to be paid with respect to CONTRACTOR and CONTRACTOR'S officers, employees and agents engaged in the performance of this Agreement (including, without limitation, unemployment insurance, social security and payroll tax withholding).

  • Taxes, Charges and Liens Pay and discharge when due all of its indebtedness and obligations, including without limitation all assessments, taxes, governmental charges, levies and liens, of every kind and nature, imposed upon Borrower or its properties, income, or profits, prior to the date on which penalties would attach, and all lawful claims that, if unpaid, might become a lien or charge upon any of Borrower’s properties, income, or profits. Provided however, Xxxxxxxx will not be required to pay and discharge any such assessment, tax, charge, xxxx, xxxx or claim so long as (1) the legality of the same shall be contested in good faith by appropriate proceedings, and (2) Borrower shall have established on Borrower’s books adequate reserves with respect to such contested assessment, tax, charge, levy, lien, or claim in accordance with GAAP.

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