Common use of Natural Gas Clause in Contracts

Natural Gas. (i) Natural gas delivered for use in the Unit shall be metered on a continuous real-time basis by Utility’s Gas Metering Equipment. Measurement of natural gas for the purpose of determining inputs to the Variable Fuel Cost, BTGP and the AHR of the Unit shall be measured by the Gas Metering Equipment. Measurement of natural gas for the purpose of determining the amount of gas delivered by the gas transporter and for determining imbalances, and other charges that are assessed by the gas transporter or gas supplier will be measured by the Gas Metering Equipment. (ii) As between the Parties, Seller shall be responsible for performing, or causing to be performed, and shall bear all costs and expenses of the installation, maintenance, repair, testing and initial calibration of the Gas Metering Equipment (to the extent not otherwise installed, maintained, tested and calibrated by the delivering pipeline(s) or supplier of natural gas to the Unit).

Appears in 5 contracts

Samples: Master Power Purchase and Sale Agreement, Master Power Purchase and Sale Agreement, Master Power Purchase & Sale Agreement

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