Common use of Firm Commitment Clause in Contracts

Firm Commitment. Shipper’s Nomination shall be available on a firm basis up to the lesser of: (a) the hours remaining in the Day (identified in the nomination cycle timelines posted on Enbridge’s website and the nomination deadlines provided in Unionline), multiplied by the factor specified in paragraph 12 of Schedule “B 2010” of Enbridge’s C1 Rate Schedule (the hourly rate of flow), multiplied by theF24-T Quantity; provided however, that such hourly amounts may differ for each hour remaining in the Day; and (b) the F24-T Quantity, less that portion of the F24-T Quantity that had been accepted by Enbridge as an Authorized Quantity for any previous period of the Day.

Appears in 2 contracts

Samples: Transportation Contract, Transportation Contract

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Firm Commitment. Shipper’s Nomination shall be available on a firm basis up to the lesser of: (a) the hours remaining in the Day (identified in the nomination cycle timelines posted on Enbridge’s website and the nomination deadlines provided in UnionlineEnerline), multiplied by the factor specified in paragraph 12 of Schedule “B 2010” of Enbridge’s C1 [C1/M12] Rate Schedule (the hourly rate of flow), multiplied by theF24the F24-T Quantity; provided however, that such hourly amounts may differ for each hour remaining in the Day; and (b) the F24-T Quantity, less that portion of the F24-T Quantity that had been accepted by Enbridge as an Authorized Quantity for any previous period of the Day.

Appears in 1 contract

Samples: F24 T Service Agreement

Firm Commitment. Shipper’s Nomination shall be available on a firm basis up to the lesser of: (a) the hours remaining in the Day (identified in the nomination cycle timelines posted on Enbridge’s website and the nomination deadlines provided in Unionline), multiplied by the factor specified in paragraph 12 of 12of Schedule “B 2010” of Enbridge’s C1 Rate Schedule (the hourly rate of flow), multiplied by theF24-T Quantity; provided however, that such hourly amounts may differ for each hour remaining in the Day; and (b) the F24-T Quantity, less that portion of the F24-T Quantity that had been accepted by Enbridge as an Authorized Quantity for any previous period of the Day.

Appears in 1 contract

Samples: Transportation Contract

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Firm Commitment. Shipper’s Nomination shall be available on a firm basis up to the lesser of: (a) the hours remaining in the Day (identified in the nomination cycle timelines posted on Enbridge’s website and the nomination deadlines provided in Unionline), multiplied by the factor specified in paragraph 12 of Schedule “B 2010” of Enbridge’s C1 [C1/M12] Rate Schedule (the hourly rate of flow), multiplied by theF24the F24-T Quantity; provided however, that such hourly amounts may differ for each hour remaining in the Day; and (b) the F24-T Quantity, less that portion of the F24-T Quantity that had been accepted by Enbridge as an Authorized Quantity for any previous period of the Day.

Appears in 1 contract

Samples: F24 T Service Agreement

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