Pipeline Penalties Sample Clauses
Pipeline Penalties. In the event of (i) an Imbalance on Buyer's Transporter caused by Seller's or Seller's Transporter's delivery of less or more than the quantity which Buyer properly nominated for any Day (in which case Seller shall be deemed to be the "Responsible Party"), or (ii) an Imbalance on Seller's Transporter caused by Buyer's or Buyer's Transporter's receipt of more or less than the quantity which Seller properly delivered for any Day (in which case Buyer shall be deemed to be the "Responsible Party"), the Responsible Party will be liable to the other Party for any associated pipeline penalties.
Pipeline Penalties. Unless caused by Company’s improper actions (which shall not include operating imbalances equal to or less than two percent (2%) of confirmed nominations or Company taking any action which Attachment 1 — Gas Nomination
Pipeline Penalties. 8.3.1 As between the Magnolia Owners and the Producer, any penalties assessed by Gas or Oil transporters attributable to the Satellite Operator’s and/or Producer’s actions or omissions will be the responsibility of the Producer. As between the Magnolia Owners and the Producer, any penalties assessed by the Gas or Oil transporters attributable to the Non-Satellite Production, Magnolia TLP Operator’s (except as provided in Article 8.3.2) and/or Magnolia Owners’ actions or omissions will be the responsibility of the Magnolia Owners.
8.3.2 Any costs or penalties imposed by the Gas Export Pipeline or the Oil Export Pipeline on the Magnolia TLP Operator as a result of OFO’s, unscheduled Gas, unauthorized Gas, Gas pipeline imbalances, or Oil pipeline imbalances with transporters, as described herein, will be borne by each Party, independently, in the proportion that its nomination, failure to nominate, failure to properly regulate production volumes, fault, negligence, or liability without fault, caused such imbalance and/or penalties, except such as may result from the Magnolia TLP Operator’s gross negligence or willful misconduct.
Pipeline Penalties. Seller will pay or reimburse Buyer for any imbalance penalties, interest, and related costs imposed upon Buyer by pipelines attributable to Seller’s over or under deliveries or other actions or omissions. To GAS PURCHASE CONTRACT