Common use of Extraction Rights Clause in Contracts

Extraction Rights. the terms of Shipper’s extraction rights agreement (as defined below) will reflect the terms and conditions of Transporter’s transportation tariff in effect on the effective date of this Precedent Agreement. All FRS Xxxx 0, XXX Xxxx 0, XXX, XXX-XXX, FPS Zone 1, and FPS Zone 2 shippers shall enter into an agreement with Aux Sable Liquid Products LP (an “extraction rights agreement”) whereby shipper grants to Aux Sable Liquid Products LP the exclusive right to extract and take title to natural gas liquids contained in the shippers’ gas, and Transporter’s sole obligation to shippers at Transporter’s delivery points is to balance the total energy of receipts and deliveries (net of fuel gas and lost-and-unaccounted-for gas). FDS, FDS-IBR, FPS Zone 1 and FPS Zone 2 shippers may not deliver to any FT-1 Service shipper unless such FT-1 Service shipper is party to an extraction rights agreement;

Appears in 4 contracts

Samples: Precedent Agreement for Firm Natural Gas Transportation Service, Precedent Agreement for Firm Natural Gas Transportation Service, Precedent Agreement for Firm Natural Gas Transportation Service

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Extraction Rights. the terms of Shipper’s extraction rights agreement (as defined below) will reflect the terms and conditions of Transporter’s transportation tariff in effect on the effective date of this Precedent Agreement. All FRS Xxxx 0, XXX Xxxx 0, XXX, XXX-XXX, FPS FFPS Zone 1, and FPS FFPS Zone 2 shippers shall enter into an agreement with Aux Sable Liquid Products LP (an “extraction rights agreement”) whereby shipper grants to Aux Sable Liquid Products LP the exclusive right to extract and take title to natural gas liquids contained in the shippers’ gas, and Transporter’s sole obligation to shippers at Transporter’s delivery points is to balance the total energy of receipts and deliveries (net of fuel gas and lost-and-unaccounted-for gas). FDS, FDS-IBR, FPS FFPS Zone 1 and FPS Zone 2 shippers may not deliver to any FT-1 Service shipper unless such FT-1 Service shipper is party to an extraction rights agreement;.

Appears in 1 contract

Samples: Precedent Agreement for Firm Natural Gas Transportation Service

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Extraction Rights. the terms of Shipper’s extraction rights agreement (as defined below) will reflect the terms and conditions of Transporter’s transportation tariff in effect on the effective date of this Precedent Agreement. All FRS Xxxx 0, XXX Xxxx 0, XXX, XXX-XXX, FPS FFPS Zone 1, and FPS FPSFFPS Zone 2 shippers shall enter into an agreement with Aux Sable Liquid Products LP (an “extraction rights agreement”) whereby shipper grants to Aux Sable Liquid Products LP the exclusive right to extract and take title to natural gas liquids contained in the shippers’ gas, and Transporter’s sole obligation to shippers at Transporter’s delivery points is to balance the total energy of receipts and deliveries (net of fuel gas and lost-and-unaccounted-for gas). FDS, FDS-IBR, FPS FFPS Zone 1 and FPS Zone 2 shippers may not deliver to any FT-1 Service shipper unless such FT-1 Service shipper is party to an extraction rights agreement;.

Appears in 1 contract

Samples: Precedent Agreement for Firm Natural Gas Transportation Service

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