Imbalance Trading Sample Clauses

Imbalance Trading. (a) No more than once per Day the Shipper may, by notice to the Service Provider, request the Service Provider to facilitate an Imbalance Trade, detailing the: (i) amount of Imbalance Trade Gas and the Service subject to the Imbalance Trade; and (ii) identity of the Other Shipper to the Imbalance Trade. (b) The Other Shipper identified by the Shipper in clause 3.7(a) must confirm by notice to the Service Provider its agreement to the Imbalance Trade, including the amount of Imbalance Trade Gas and the Other Shipper’s Service that is subject to the Imbalance Trade. (c) Notices required under clause 3.7(a) and 3.7(b) must be provided by lodging a request on the Customer Website, by email or by the mechanism nominated by the Service Provider from time to time. (d) If the Service Provider fails to implement the Imbalance Trade, the Shipper’s remedy is limited to relief from payment of the Imbalance Trade Charge. (e) The Service Provider may not provide the Imbalance Trade if: (i) either the Shipper or the Other Shipper does not have sufficient MDQ in respect of the relevant Service for the Imbalance Trade; (ii) the Imbalance Trade will result in an Imbalance not authorised by this document or under another Gas Transportation Agreement with any Other Shipper (by reference to the Shipper’s or Other Shipper’s Imbalance on the previous Day), unless otherwise agreed by the Service Provider; (iii) the Other Shipper fails to confirm by notice to the Service Provider its agreement to the Imbalance Trade to be bought or sold by the Shipper; (iv) the Shipper or Other Shipper is in breach of its Gas Transportation Agreement; or (v) if the Service Provider assesses that it is unable to accept the Imbalance Gas Trade having regard to: (A) operational matters and sufficient Capacity being available on the TGP, taking into account the Priority of Service; (B) whether the Imbalance Trade will detrimentally affect Other Shippers; or (C) the provisions of this document, including any relevant Annexures.
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Imbalance Trading. (a) User may exchange all or part of an Accumulated Imbalance for an equal but opposite quantity of an Other User's imbalance on such terms as User may agree with the Other User, provided that Notice of the exchange is received by Service Provider from both User and the relevant Other User by no later than the Nomination Cut-Off Time on the Day after the Day of the Accumulated Imbalance. Where an exchange is made, both the Accumulated Imbalance and the Other User's imbalance will be adjusted accordingly. (b) A Notice under this clause 17.6 must be made by User to Service Provider via CRS. (c) An exchange under clause 17.6(a) will not affect User's Liability to pay: (i) any of the charges payable under the Agreement for the Services rendered by Service Provider; or (ii) any Excess Imbalance Charge payable in respect of the Accumulated Imbalance for the period prior to the exchange.
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Imbalance Trading. 24.7.1 Prior to the imposition of imbalance charges, the Supplier may engage in trading daily and monthly imbalances for the previous Month, provided that Daily imbalance trades are communicated to the Company within three (3) Business Days upon the Company’s provision of information on Supplier imbalances for said Month.
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Imbalance Trading. (a) The Shipper may exchange all or part of its Cumulative Imbalance for an equal but opposite quantity of imbalance: (i) with an Other Shipper on the same part of the DDP Pipeline (for example, a DDP 133 shipper trade with another DDP 133 shipper); or (ii) with a shipper on another part of the DDP Pipeline in the circumstances set out below: (A) shippers on the DDP 133 pipeline (DDP 133 Shipper) may trade a DDP 133 accumulated imbalance that arises pursuant to a gas transportation agreement between the DDP 133 Shipper and the transporter on the DDPL 133 pipeline with the DDP 134 accumulated imbalance of a shipper on the DDP 134 pipeline (DDP 134 Shipper) that arises pursuant to a gas transportation agreement between the DDP 134 Shipper and the transporter on the DDP 134 pipeline; (B) shippers on the DDP 134 pipeline (DDP 134 Shipper) may trade a DDP 134 accumulated imbalance that arises pursuant to a gas transportation agreement between the DDP 134 Shipper and the transporter on the DDPL 134 pipeline with the DDP 133 accumulated imbalance of a shipper on the DDP 133 pipeline (DDP 133 Shipper) that arises pursuant to a gas transportation agreement between the DDP 133 Shipper and the transporter on the DDP 133 pipeline; or (C) shippers on the DDP 90 pipeline may only trade an accumulated imbalance that arises on the DDP 90 pipeline with another shipper on the DDP 90 pipeline. (Cross-pipeline Imbalance Trade), (iii) notice of the exchange is given to the Service Providers from the Shipper and the Other Shipper or the other shipper (as applicable), and such notice must include the specific location of the imbalances the subject of the exchange; and (iv) the exchange is confirmed and validated by the Service Providers and, in the case of a Cross-pipeline Imbalance Trade, by the transporter or service provider (as applicable) of the relevant part of the Pipeline. (b) If an exchange is confirmed and validated, the Shipper’s Cumulative Imbalance and the imbalance of the Other Shipper or other shipper (as applicable) will be adjusted accordingly. However, an exchange will not affect the Shipper’s liability to pay any Imbalance Charges accrued prior to the time of the exchange. (c) The Service Providers are required to confirm and validate an exchange except where: (i) the Service Providers consider that the exchange of the Cumulative Imbalance cannot occur in a manner consistent with the operational and technical requirements necessary for the safe and reliable op...
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Imbalance Trading. User may utilize the ECS, subject to the terms, conditions, and limitations of this Agreement, to confirm a trade, or to confirm a trade with another User, of operating or cumulative imbalances, as those are defined and specified in PG&E's CPUC-approved rate Schedule G-BAL. User acknowledges that such trades do not involve PG&E as a party to the trade. User agrees that it may enter into such trades as set forth in Schedule G-BAL and may utilize the ECS to confirm the trade and to notify PG&E of the trade, provided, however, that User strictly follows the protocols, directions and rules for confirming trades as set forth in the ECS.
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Imbalance Trading. (1) A Shipper, or its agent, may trade imbalances with other Shippers, their agents or other third-party firms that may conduct imbalance trading for Shippers, provided that GTN will be reimbursed for any transportation and fuel necessary to effectuate such trading. Resolution of imbalances by trading imbalances between Shippers shall be scheduled with GTN using the nomination process. (2) Any trading of imbalances must result in each Shipper's imbalance decreasing. (3) GTN shall process all imbalance trades at no additional administrative charge.
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Imbalance Trading. (a) User may exchange all or part of an Accumulated Imbalance for an equal but opposite quantity of an Other User's imbalance on such terms as User may agree with the Other User, provided that Notice of the exchange is received by Service Provider from both User and the relevant Other User by no later than the Nomination Cut-Off Time on the Day after the Day of the Accumulated Imbalance. Where an exchange is made, both the Accumulated Imbalance and the Other User's imbalance will be adjusted accordingly. (b) A Notice under this clause 16.5 must be made by User to Service Provider via CRS. (c) An exchange under clause 16.5(a) will not affect User’s Liability to pay:
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Imbalance Trading. In the event of net Underdeliveries or Overdeliveries by Seller in any Month and notwithstanding the absence of an actual net Underdelivery or Overdelivery assessed by Transporter, Purchaser will exercise reasonable commercial efforts to mitigate the adverse consequences of the net Underdeliveries or Overdeliveries through imbalance trading, or equivalent opportunities set forth in the Tariff of the applicable Transporter. Purchaser and Seller acknowledge the net Underdeliveries or Overdeliveries by Seller calculated in accordance with this Agreement may or may not result in a corresponding actual net Underdelivery or Overdelivery assessed by Transporter pursuant to its Tariff. Purchaser shall be responsible for Imbalance Charges assessed by a Transporter, unless Seller's actions or inactions are responsible for or caused such Imbalance Charges.
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Imbalance Trading. In the event of net underdeliveries or overdeliveries by CUSA in any Month and notwithstanding the absence of an actual net underdelivery or overdelivery assessed by Transporter, NGC will exercise best efforts to mitigate the adverse consequences of the net underdeliveries or overdeliveries through imbalance trading, or the equivalent, opportunities set forth in the FERC Gas Tariff of the applicable Transporter. NGC and CUSA acknowledge that net underdeliveries or overdeliveries by CUSA calculated in accordance with this Agreement may or may not result in a corresponding actual net underdelivery or overdelivery assessed by Transporter pursuant to its FERC Gas Tariff.
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Related to Imbalance Trading

  • Transit Traffic 7.2.2.3.1 CenturyLink will accept traffic originated by CLEC’s network and/or its end user(s) for termination to other Telecommunications Carrier’s network and/or its end users that is connected to CenturyLink's Switch. CenturyLink will also terminate traffic from these other Telecommunications Carriers’ network and/or its end users to CLEC’s network and/or its end users. For purposes of the Agreement, transit traffic does not include traffic carried by Interexchange Carriers. That traffic is defined as Jointly Provided Switched Access. 7.2.2.3.2 The Parties involved in transporting transit traffic will deliver calls to each involved network with CCS/SS7 protocol and the appropriate ISUP/TCAP messages to facilitate full Interoperability and Billing functions. 7.2.2.3.3 The originating company is responsible for payment of appropriate rates to the transit company and to the terminating company. The Parties agree to enter into traffic exchange agreements with third party Telecommunications Carriers prior to delivering traffic to be transited to third party Telecommunications Carriers. In the event one Party originates traffic that transits the second Party’s network to reach a third party Telecommunications Carrier with whom the originating Party does not have a traffic exchange agreement, then the originating Party will indemnify, defend and hold harmless the second Party against any and all charges levied by such third party Telecommunications Carrier, including any termination charges related to such traffic and any attorneys fees and expenses. In the case of IntraLATA LEC Toll traffic where CenturyLink is the designated IntraLATA Toll provider for existing LECs, CenturyLink will be responsible for payment of appropriate usage rates. 7.2.2.3.4 When CenturyLink receives an unqueried call from CLEC to a telephone number that has been ported to another local services provider, the transit rate will apply in addition to any query rates. 7.2.2.3.5 In the case of a transit call that terminates in the Local Calling Area but in a different state than the call originated, and the CLEC does not have an agreement with CenturyLink in the state where the transit call terminated, CLEC must execute an agreement for that state if it is a state served by CenturyLink. In the absence of a second agreement, the transit rate in Exhibit A of this Agreement will be billed to the CLEC.

  • Convicted, Discriminatory, Antitrust Violator, and Suspended Vendor Lists In accordance with sections 287.133, 287.134, and 287.137, F.S., the Contractor is hereby informed of the provisions of sections 287.133(2)(a), 287.134(2)(a), and 287.137(2)(a), F.S. For purposes of this Contract, a person or affiliate who is on the Convicted Vendor List, the Discriminatory Vendor List, or the Antitrust Violator Vendor List may not perform work as a contractor, supplier, subcontractor, or consultant under the Contract. The Contractor must notify the Department if it or any of its suppliers, subcontractors, or consultants have been placed on the Convicted Vendor List, the Discriminatory Vendor List, or the Antitrust Violator Vendor List during the term of the Contract. In accordance with section 287.1351, F.S., a vendor placed on the Suspended Vendor List may not enter into or renew a contract to provide any goods or services to an agency after its placement on the Suspended Vendor List. A firm or individual placed on the Suspended Vendor List pursuant to section 287.1351, F.S., the Convicted Vendor List pursuant to section 287.133, F.S., the Antitrust Violator Vendor List pursuant to section 287.137, F.S., or the Discriminatory Vendor List pursuant to section 287.134, F.S., is immediately disqualified from Contract eligibility.

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