Low Volume Delivery Points Sample Clauses

Low Volume Delivery Points. The price for gas delivered at any Delivery Point where the volume delivered to Buyer has been less than 450 Mcf per month for three consecutive months will be reduced to one-half (1/2) of that computed under Section 5.1, 5.2 and 5.3 effective the first day of the month following the three month period. The price for gas from the affected Delivery Points will remain so reduced until the quantity delivered from the Delivery Point is again at least 450 Mcf per month for three consecutive months effective as of the first day of the following month.
AutoNDA by SimpleDocs
Low Volume Delivery Points. Whenever the volume delivered to Buyer at any Delivery Point is less than 300 Mcf in a month, Buyer will charge Seller a low volume fee of $200.00 per low volume month per affected Delivery Point. Buyer may deduct this fee from any proceeds payable to Seller or may invoice Seller for the amount due, to be paid by Seller within 20 Days of the invoice date. Seller may cease application of low volume fees under this Section by giving Buyer 30 Days advance written notice of Seller's request to have the affected meters disconnected. The low volume fees will no longer apply as of the end of the notice period, and Buyer may disconnect the affected meters.
Low Volume Delivery Points. The proceeds computed under Sections 5.1, 5.2, and 5.3 for any Delivery Point where the Monthly volume delivered at the Delivery Point falls below 450 MMBtu shall be reduced to one-half (1/2)of that computed under Sections 5.1, 5.2, and 5.3 for each low volume Month. Seller may cease application of low volume fees under this Section by giving Buyer 30 Days advance written notice of Seller’s request to have the affected meters disconnected; the low volume fees will no longer apply as of the end of the Month following the notice period, and Buyer may disconnect the affected meters.

Related to Low Volume Delivery Points

  • Delivery Points The measurement of and tests for quality of Shipper's Gas redelivered at the Delivery Points shall be governed by and determined in accordance with the requirements of the receiving pipeline at each Delivery Point.

  • Delivery Point Once Manufacture of the Products has been completed, Contractor shall be responsible for delivering the Finished Goods FCA, (as defined in Incoterms (2000) published by the International Chamber of Commerce) and to a freight forwarder specified by Company in its Order, or otherwise approved by Company. “Delivery Point” as used in this Agreement shall mean the specific time and location that the Product is delivered to the shipper specified on the Order.

  • Delivery Location The Aircraft shall be located at the agreed Delivery Location;

  • Delivery Pressure Seller shall be required to deliver or cause delivery of the Gas to the Point of Delivery and for delivering such Gas at a pressure sufficient to effect such delivery. Notwithstanding anything to the contrary herein, Seller shall have the right but not the obligation to install compression to effect deliveries of Gas hereunder.

  • Delivery Schedule The scheduled months of delivery of the Aircraft are listed in the attached Table 1. Exhibit B describes certain responsibilities for both Customer and Boeing in order to accomplish the delivery of the Aircraft.

  • Supply Price In event BTC exercises the Supply Option, the Supply Agreement shall afford Auxilium supply terms for Year 1 that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for the year immediately preceding the Supply Date and supply terms for each successive year that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for each preceding year as applicable.

  • Quality Specifications SANMINA-SCI shall comply with the quality specifications set forth in its Quality Manual, incorporated by reference herein, a copy of which is available from SANMINA-SCI upon request.

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • Storage Tanks If storage tanks storing Hazardous Materials located on the Premises or the Project are used by Tenant or are hereafter placed on the Premises or the Project by Tenant, Tenant shall install, use, monitor, operate, maintain, upgrade and manage such storage tanks, maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, properly close any storage tanks, and take or cause to be taken all other actions necessary or required under applicable state and federal Legal Requirements, as such now exists or may hereafter be adopted or amended in connection with the installation, use, maintenance, management, operation, upgrading and closure of such storage tanks. Notwithstanding anything to the contrary contained herein, Tenant shall have no right to use or install any underground storage tanks at the Project.

  • STORAGE TANKS AND SUMPS 3.1 Is any above or below ground storage of gasoline, diesel, petroleum, or other Hazardous Materials in tanks or sumps proposed in, on or about the Premises? Existing Tenants should describe any such actual or proposed activities. Yes [ ] No [ ] If yes, please explain:

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