Common use of Imbalance Caused by Transporter Clause in Contracts

Imbalance Caused by Transporter. (a) Notwithstanding the foregoing, any Imbalance Quantity on a Day caused by Transporter’s failure to redeliver at the relevant Redelivery Point quantities of Gas properly tendered by Shipper at the relevant Delivery Point or to receive at the relevant Delivery Point quantities of Gas properly offtaken by Shipper at the relevant Redelivery Point shall not be the subject of Authorised Overrun Charges and Imbalance Charges. Any Cumulative Imbalance of Shipper resulting from such failure of Transporter shall not trigger the rights of Transporter to adjust Shipper’s relevant Delivery Point Scheduled Quantities or relevant Redelivery Point Scheduled Quantities each as defined and in accordance with the Operating Code.

Appears in 3 contracts

Samples: Gas Transmission Agreement, Gas Transmission Agreement, Gas Transmission Agreement

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Imbalance Caused by Transporter. (a) Notwithstanding the foregoing, any Imbalance Quantity on a Day caused by Transporter’s failure to redeliver at the relevant Redelivery Exit Point quantities of Gas properly tendered by Shipper at the relevant Delivery Entry Point or to receive at the relevant Delivery Entry Point quantities of Gas properly offtaken off-taken by Shipper at the relevant Redelivery Exit Point shall not be the subject of Authorised Overrun Charges and Imbalance Charges. Any Cumulative Imbalance of Shipper resulting from such failure of Transporter shall not trigger the rights of Transporter to adjust Shipper’s relevant Delivery Entry Point Scheduled Quantities or relevant Redelivery Exit Point Scheduled Quantities each as defined and in accordance with the Operating CodeQuantities.

Appears in 2 contracts

Samples: Transportation Agreement, Transportation Agreement

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Imbalance Caused by Transporter. (a) Notwithstanding the foregoing, any Imbalance Quantity on a Day caused by Transporter’s failure to redeliver at the relevant Redelivery Point quantities of Gas properly tendered by Shipper at the relevant Delivery Point or to receive at the relevant Delivery Point quantities of Gas properly offtaken by Shipper at the relevant Redelivery Point shall not be the subject of Authorised Overrun Charges and Imbalance Charges. Any Cumulative Imbalance of Shipper resulting from such failure of Transporter shall not trigger the rights of Transporter to adjust Shipper’s relevant Delivery Point Scheduled Quantities or relevant Redelivery Point Scheduled Quantities each as defined and in accordance with the Operating Code. The transporter shall be exempt from any liability in whatsoever manner for indemnifying for any such imbalance caused by conditions beyond its control or the ones which the transporter reasonably attempted to mitigate, on any given day.

Appears in 1 contract

Samples: nginfra.indianoil.in

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