Imbalance Resolution. Gatherer and Producers shall keep accurate records of the quantities of Producers’ Gas nominated, confirmed, allocated, and redelivered from the Receipt Points to the Delivery Points and any Imbalance related thereto. Monthly imbalances shall be added/subtracted to/from the cumulative imbalance from the previous Month and the newly calculated Imbalance position will be considered in the subsequent months’ nominations to bring said Imbalance position as close to zero as practicable.
Appears in 2 contracts
Samples: Gas Gathering Agreement, Gas Gathering Agreement (Chesapeake Midstream Partners Lp)
Imbalance Resolution. Gatherer and Producers shall keep accurate records of the quantities of Producers’ Gas and MV Mitigation Gas nominated, confirmed, allocated, and redelivered from the Xxxxxxx Receipt Points to the Xxxxxxx Delivery Points and any Imbalance related thereto. Monthly imbalances shall be added/subtracted to/from the cumulative imbalance from the previous Month and the newly calculated Imbalance position will be considered in the subsequent months’ nominations to bring said Imbalance position as close to zero as practicable.
Appears in 2 contracts
Samples: Barnett Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Barnett Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)
Imbalance Resolution. Gatherer and Producers shall keep accurate records of the quantities of Producers’ Gas and MV Mitigation Gas nominated, confirmed, allocated, and redelivered from the Receipt Points to the Delivery Points and any Imbalance related thereto. Monthly imbalances shall be added/subtracted to/from the cumulative imbalance from the previous Month and the newly calculated Imbalance position will be considered in the subsequent months’ nominations to bring said Imbalance position as close to zero as practicable.
Appears in 2 contracts
Samples: Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.), Gas Gathering Agreement (Chesapeake Midstream Partners, L.P.)
