Common use of Daily Nomination Procedure Clause in Contracts

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.

Appears in 5 contracts

Samples: Gas Gathering Agreement (Atlas Energy, L.P.), Gas Gathering Agreement (Atlas Resources Series 28-2010 L.P.), Gas Gathering Agreement (Atlas Resources Public #19-2011 (C) L.P.)

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