Fee Reduction for Meeting Total Volume Commitment. The total volume commitment is [***] MMBtu (the “Total Volume Commitment”). If Shipper meets its Total Volume Commitment during Contract Years 1-9, which commitment shall include the application of Third Party Gas as provided below, the Gathering Fee then in effect will be reduced [***] per MMBtu effective the first (1st) day of the Month following the date Shipper meets its Total Volume Commitment, but will remain subject to any other provision herein that operates to change the Gathering Fee thereafter.
Appears in 4 contracts
Samples: Gas Gathering and Treating Agreement (Vine Resources Inc.), Gas Gathering and Treating Agreement (Vine Resources Inc.), Gas Gathering and Treating Agreement (Vine Resources Inc.)
