Daily Nomination Procedure Sample Clauses
The Daily Nomination Procedure clause establishes the process by which parties must specify the quantity of goods or services to be delivered or received on a daily basis. Typically, this involves one party submitting a daily schedule or notice indicating their requirements, which the other party must confirm or adjust within a set timeframe. This clause ensures both parties are aligned on daily operational needs, reducing the risk of miscommunication and helping to manage supply and demand efficiently.
Daily Nomination Procedure. For each Day Shipper shall submit nomination(s) via LMM’s Nomination System of the number of Dth of Shipper’s Gas that Shipper desires LMM to deliver at the Delivery Point(s). The total of such nomination(s) when combined with Gathering Fuel and Shrink shall not exceed the MDQ unless LMM otherwise consents in writing. Multiple nominations shall be numerically ranked by Shipper to indicate the priority in which Shipper’s nominations are to be scheduled for delivery by LMM (the lower the number the higher the priority). Failure by Shipper to rank its nominations shall result in the scheduling of Shipper’s nominations on a pro rata basis. Each nomination shall have sufficient detail to meet the nomination requirements of the Interconnecting Pipeline to which it is nominated. Any nomination, or any part thereof, which fails to satisfy all of the foregoing requirements or such additional or alternate requirements as LMM may hereafter present to Shipper shall be deemed invalid.
Daily Nomination Procedure. For each, Day Shipper shall submit nomination(s) via ▇▇▇▇▇▇▇▇’ Nomination System of the number of MMBtus of ▇▇▇▇▇▇▇’s Gas that Shipper desires ▇▇▇▇▇▇▇▇ to deliver at the Delivery Point(s). The total of such nomination(s) when combined with Gathering Fuel, Basic Processing Plant Fuel, Cryogenic Processing Plant Fuel, and Shrink shall not exceed the applicable MDQ unless ▇▇▇▇▇▇▇▇ otherwise consents. Multiple nominations shall be numerically ranked by Shipper to indicate the priority in which ▇▇▇▇▇▇▇’s nominations are to be scheduled for delivery by ▇▇▇▇▇▇▇▇ (the lower the number the higher the priority). Failure by ▇▇▇▇▇▇▇ to rank its nominations shall result in the scheduling of ▇▇▇▇▇▇▇’s nominations on a pro rata basis. Each nomination shall have sufficient detail to meet the nomination requirements of the Interconnecting Pipeline(s) to which it is nominated. Any nomination, or any part thereof, which fails to satisfy all of the foregoing requirements or such additional or alternate reasonable requirements as ▇▇▇▇▇▇▇▇ may hereafter present to Shipper shall be deemed invalid.