Common use of DISTRIBUTION BETWEEN SHIPPERS Clause in Contracts

DISTRIBUTION BETWEEN SHIPPERS. The Operator shall distribute the amounts collected under Article 27.2.3 between all other Shippers in proportion to their Reference Send-Out Ratios for Month M. The Operator shall withdraw the quantity of energy required from the Shippers' LNG inventory, using the same proportion in consideration of the amounts distributed. The Operator shall modify the Inventory Levels of the Shippers involved accordingly. The Operator shall notify the Shippers involved as quickly as possible and shall send them the details of the calculation used to distribute the amounts and LNG in tanks.