Common use of Monthly Nominations Clause in Contracts

Monthly Nominations. (a) No later than 10 Days before the start of each Month, the Shipper must provide to the Service Provider a notice setting out, for each Day in the following Month, the quantity of Gas that the Shipper requires the Service Provider: (i) to deliver to the Shipper at the Delivery Point; and (ii) to receive at each Receipt Point, (Monthly Nomination). (b) Where the Shipper is not the supplier of the Gas, the Shipper must supply similar information to its supplier. (c) The Service Provider will provide to the Shipper a notice confirming receipt of the Shipper's Monthly Nomination (Notice of Receipt of Monthly Nomination) before the end of the relevant Month. The Notice of Receipt of Monthly Nomination must set out whether, in the Service Provider's opinion: (i) in respect of a Firm Forward Haulage Service – there will not be enough Capacity available to meet a quantity of Overrun Gas the Shipper nominated or, if for some other reason, the Service will be Curtailed; or

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

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Monthly Nominations. (a) No later than 10 Days before the start of each Month, the Shipper must provide to the Service Provider a notice setting out, for each Day in the following Month, the quantity of Gas that the Shipper requires the Service Provider:Provider:‌ (i) to deliver to the Shipper at the Delivery Point; and (ii) to receive at each Receipt Point, (Monthly Nomination). (b) Where the Shipper is not the supplier of the Gas, the Shipper must supply similar information to its supplier. (c) The Service Provider will provide to the Shipper a notice confirming receipt of the Shipper's Monthly Nomination (Notice of Receipt of Monthly Nomination) before the end of the relevant Month. The Notice of Receipt of Monthly Nomination must set out whether, in the Service Provider's opinion:opinion:‌ (i) in respect of a Firm Forward Haulage Service – there will not be enough Capacity available to meet a quantity of Overrun Gas the Shipper nominated or, if for some other reason, the Service will be Curtailed; or (ii) in respect of an As-Available Forward Haulage Service – there will not be enough Capacity available to meet a quantity the Shipper nominated.

Appears in 2 contracts

Samples: Gas Transportation Agreement, Gas Transportation Agreement

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