Common use of MULTIPLE PREFERENTIAL CAPACITY SHIPPERS Clause in Contracts

MULTIPLE PREFERENTIAL CAPACITY SHIPPERS. 18.1 To the extent there is more than one Preferential Capacity Shipper at the time the remedies provided for in 5.3(b), 7.3 and 11.2 are exercised by Shipper, then such rights and obligations shall apply to the Shipper pursuant to Shipper’s pro-rata share of the Preferential Capacity as determined pursuant to the provisions of Section 5.9. Provided however that with respect to Section 7.3, Shipper’s rights provided herein shall only be limited in the event that a Preferential Capacity Shipper participates in the request for Additional Services as provided for in Section 7.2. [Signatures follow on the next page]

Appears in 2 contracts

Samples: Gathering and Treating Agreement (Vine Resources Inc.), Gathering and Treating Agreement (Vine Resources Inc.)

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MULTIPLE PREFERENTIAL CAPACITY SHIPPERS. 18.1 To the extent there is more than one Preferential Capacity Shipper at the time the remedies provided for in 5.3(b), 7.3 and 11.2 are exercised by Shipper, then such rights and obligations shall apply to the Shipper pursuant to Shipper’s pro-rata share of the Preferential Capacity as determined pursuant to the provisions of Section 5.9. Provided however that with respect to Section 7.3, Shipper’s rights provided herein shall only be limited in the event that a Preferential Capacity Shipper participates in the request for Additional Services as provided for in Section 7.2. [Signatures follow on the next page]

Appears in 2 contracts

Samples: Gas Gathering and Treating Agreement (Vine Resources Inc.), Gas Gathering and Treating Agreement (Vine Resources Inc.)

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