Common use of Daily Nominations Clause in Contracts

Daily Nominations. Customer shall on a daily basis provide Company with daily gas volumes, or T nominations to be delivered during the following gas day commencing at 9:00 a.m. CCT. Customer may T alternatively elect to make a standing nomination with Company, notifying Company before any day when Customer's daily deliveries will differ from the standing nomination by more than five (5) percent. Customer's daily or standing nomination shall be its best estimate of the expected utilization for the gas day. Company shall relay Customer's daily or standing nomination to Customer's gas supplier(s) and third party transporting pipeline(s). Customer shall submit nominations to Company at least ten minutes in advance of the following standardized nomination times: Timely 11:30 a.m. Evening 6:00 p.m. Intra-day 1 10:00 a.m. Intra-day 2 5:00 p.m. Final a.m. 8:00 a.m. The Timely and Evening nominations are prior to the start of a Gas Day. The Timely nomination is mandatory. The remaining four nomination times are optional. Intra-day nomination changes are subject to Elapsed Prorated Scheduled Quantity (EPSQ) rules. EPSQ is defined as the portion of the scheduled gas quantity that would have flowed, up to the effective time of gas flow of the intra-day nomination. EPSQ rules divide a daily nomination into 24 hourly increments. Intra-day 1 nominations may not be less than eight hours of prorated flow (effective time of 5:00 p.m.). Intra-day 2 nominations may not be less than 12 hours of prorated flow (effective time of 9:00 p.m.). Final a.m. nominations are allowed by Northern Natural Gas Company (NNG) and can only be used in conjunction with injections or withdrawals from storage.

Daily Nominations. Customer shall on a daily basis provide Company with daily gas volumes, or T nominations nominations, to be delivered during the following gas day commencing at 9:00 a.m. CCT. Customer may T alternatively elect to make a standing nomination with Company, notifying Company before on any day when Customer's daily deliveries will differ from the standing nomination by more than five (5) percent. Customer's daily or standing nomination shall be its best estimate of the expected utilization for the gas day. If Customer and Company shall mutually agree, Company will relay Customer's daily or standing nomination to Customer's Agent, gas supplier(s) ), and third party transporting pipeline(s). Customer shall submit nominations to Company at least ten minutes in advance of the following standardized nomination times: Timely 11:30 a.m. Evening 6:00 p.m. Intra-day 1 10:00 a.m. Intra-day 2 5:00 p.m. Final a.m. 8:00 a.m. The Timely and Evening nominations are prior to the start of a Gas Day. The Timely nomination is mandatory. The remaining four nomination times are optional. Intra-day nomination changes are subject to Elapsed Prorated Scheduled Quantity (EPSQ) rules. EPSQ is defined as the portion of the scheduled gas quantity that would have flowed, up to the effective time of gas flow of the intra-day nomination. EPSQ rules divide a daily nomination into 24 hourly increments. Intra-day 1 nominations may not be less than eight hours of prorated flow (effective time of 5:00 p.m.). Intra-day 2 nominations may not be less than 12 hours of prorated flow (effective time of 9:00 p.m.). Final a.m. nominations are allowed by Northern Natural Gas Company (NNG) and can only be used in conjunction with injections or withdrawals from storage.

Daily Nominations. Customer shall on a daily basis provide Company with daily gas volumes, or T nominations nominations, to be delivered during the following gas day commencing at 9:00 a.m. CCT. Customer may T alternatively elect to make a standing nomination with Company, notifying Company before on any day when Customer's daily deliveries will differ from the standing nomination by more than five (5) percent. Customer's daily or standing nomination shall be its best estimate of the expected utilization for the gas day. If Customer and Company shall mutually agree, Company will relay Customer's daily or standing nomination to Customer's Agent, gas supplier(s) ), and third party transporting pipeline(s). Customer shall submit nominations to Company at least ten minutes in advance of the following standardized nomination times: Timely 11:30 a.m. Evening 6:00 p.m. Intra-day 1 10:00 a.m. Intra-day 2 5:00 p.m. Final a.m. 8:00 a.m. The Timely and Evening nominations are prior to the start of a Gas Day. The Timely nomination is mandatory. The remaining four nomination times are optional. Intra-day nomination changes are subject to Elapsed Prorated Scheduled Quantity (EPSQ) rules. EPSQ is defined as the portion of the scheduled gas quantity that would have flowed, up to the effective time of gas flow of the intra-day nomination. EPSQ rules divide a daily nomination into 24 hourly increments. Intra-day 1 nominations may not be less than eight hours of prorated flow (effective time of 5:00 p.m.). Intra-day 2 nominations may not be less than 12 hours of prorated flow (effective time of 9:00 p.m.). Final a.m. nominations are allowed by Northern Natural Gas Company (NNG) and can only be used in conjunction with injections or withdrawals from storage.