Common use of Imbalance Penalties Allocation Clause in Contracts

Imbalance Penalties Allocation. Except as otherwise set forth below, all gas imbalance penalties and charges shall be for the account of Buyer. The procedure for allocating imbalance penalties between Seller and Buyer is set forth below. Imbalance penalties allocated to Seller will be aggregated and billed to Seller on a monthly basis. 34

Imbalance Penalties Allocation. Except as otherwise set forth below, all gas imbalance penalties and charges shall be for the account of Buyer. The procedure for allocating imbalance penalties between Seller and Buyer is set forth below. Imbalance penalties allocated to Seller will be aggregated and billed to Seller on a monthly basis. 3432