MV Mitigation Gas Sample Clauses
The MV Mitigation Gas clause defines the procedures and obligations related to the supply or use of gas specifically intended to mitigate measurement variances (MV) in gas transactions. Typically, this clause outlines how parties will identify, allocate, and deliver gas volumes required to correct or offset discrepancies in measured quantities, ensuring that contractual balances remain accurate. By establishing clear rules for handling such mitigation gas, the clause helps prevent disputes over measurement errors and ensures that both parties are fairly compensated or adjusted for any variances, thereby maintaining the integrity of the gas supply agreement.
MV Mitigation Gas. During the Minimum Volume Period, if requested by CEMI, Gatherer shall work with CEMI to construct new connections to the ▇▇▇▇▇▇▇ Gathering Systems to accept deliveries of MV Mitigation Gas to the extent (i) CEMI reasonably demonstrates to Gatherer that delivery of such MV Mitigation Gas would permit CEMI to meet the ▇▇▇▇▇▇▇ Annual Minimum Volume in any Year, (ii) deliveries of MV Mitigation Gas from such connections would not cause the volumes of all Gas received on such ▇▇▇▇▇▇▇ Gathering Systems to exceed the applicable ▇▇▇▇▇▇▇ Maximum Daily Quantity and otherwise would meet all applicable requirements for Producers’ Gas delivered under this Agreement, and (iii) such connections are constructed entirely at CEMI’s expense. Gas delivered through any such connection will be charged at the then prevailing ▇▇▇▇▇▇▇ Fees for Producers’ Gas delivered to such ▇▇▇▇▇▇▇ Gathering System.
MV Mitigation Gas. For each Year during the Minimum Volume Period, the aggregate volume of MV Mitigation Gas (in Mcf’s) delivered under both Gathering Agreements during such Year shall be used to determine the Annual ▇▇▇▇▇▇▇ Gathered Volumes under each Gathering Agreement as follows (as to each Year, the “Aggregate MV Mitigation Gas”). For purposes of the definition of “Annual ▇▇▇▇▇▇▇ Gathered Volumes” in the CHK Agreement, **% of the Aggregate MV Mitigation Gas for the applicable Year shall be used in clause (ii) of such definition in lieu of the volume of MV Mitigation Gas delivered under the CHK Agreement during such Year. For purposes of the definition of “Annual ▇▇▇▇▇▇▇ Gathered Volumes” in the Total Agreement, **% of the Aggregate MV Mitigation Gas for the applicable Year shall be used in clause (ii) of such definition in lieu of the volume of MV Mitigation Gas delivered under the Total Agreement during such Year. This allocation of MV Mitigation Gas volumes between the Producer Groups shall not affect either Producer Group’s obligation to pay the ▇▇▇▇▇▇▇ Fees for MV Mitigation Gas delivered under the applicable Gathering Agreement.
MV Mitigation Gas. If requested by CEMI, Gatherer shall work with CEMI to construct new connections to the Springridge Gathering System to accept deliveries of MV Mitigation Gas to the extent (i) deliveries of MV Mitigation Gas would meet all applicable requirements for Producers’ Gas delivered under this Agreement, (ii) such connections are constructed entirely at CEMI’s expense, and (iii) CEMI reasonably demonstrates to Gatherer that, during the Minimum Volume Period, delivery of such Gas would permit CEMI to meet the Adjusted Springridge Annual Minimum Volume in any Year and, after the Minimum Volume Period, deliveries of such Gas would permit CEMI to meet the Original Springridge Revenue Projection for the Annual Redetermination Period during which the MV Mitigation Gas is delivered. Gas delivered through any such connection will be charged at the then prevailing Springridge Fees for Producers’ Gas delivered to such Springridge Gathering System.