Common use of Full Requirements Service Clause in Contracts

Full Requirements Service. For each month that this Agreement is in effect, Xxxxxx agrees to satisfy the full requirements for Gas for each Customer Account on Xxxxxx’x designated list provided pursuant to Article IV for each such month. Xxxxxx’x ability to satisfy all such requirements for Gas in any month shall be determined by subtracting the Customers’ actual consumption for the listed Customer Accounts in that month from the total actual deliveries received in that month on the Xxxxxx’x account. Any imbalance resulting from an adjustment to actual consumption or deliveries due to meter inaccuracy, billing error, or otherwise, after the month in which such Gas requirements were determined, shall be cashed out under the procedure provided in Article VIII with all adjusted quantities cashed out under either paragraph 1 for shortage quantities or paragraph 1 for excess quantities, as applicable.

Appears in 3 contracts

Samples: Transportation Pooling Agreement, Transportation Pooling Agreement, Transportation Pooling Agreement

AutoNDA by SimpleDocs

Full Requirements Service. For each month that this Agreement is in effect, Xxxxxx agrees to satisfy the full requirements for Gas for each PSNC Customer Account on Xxxxxx’x designated list provided pursuant to Article IV for each such month. Xxxxxx’x ability to satisfy all such requirements for Gas in any month shall be determined by subtracting the Customers’ actual consumption for the listed Customer Accounts in that month from the total actual deliveries received in that month on the Xxxxxx’x account. Any imbalance resulting from an adjustment to actual consumption or deliveries due to meter inaccuracy, billing error, or otherwise, after the month in which such Gas requirements were determined, shall be cashed out under the procedure provided in Article VIII with all adjusted quantities cashed out under either paragraph 1 for shortage quantities or paragraph 1 for excess quantities, as applicable.

Appears in 1 contract

Samples: Transportation Pooling Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.