REIMBURSEMENT OF FUEL GAS Sample Clauses

REIMBURSEMENT OF FUEL GAS. The estimated quantity of Fuel Gas expressed in kWh for each Month M, FGm, shall be determined as a percentage of the Natural Gas redelivered by Terminal Operator to Shipper, the Other Shippers and the Other Users at the Redelivery Point. Before the end of each Month M-1, Terminal Operator shall notify Shipper, for Month M, the value of FGm which shall not exceed the Maximum Fuel Gas Reimbursement Percentage The Maximum Fuel Gas Reimbursement Percentage shall be one decimal three zero percent (1.30 %). However if the actual monthly average aggregate of Shipper's and Other Shippers' Send Out in a given Month M is less than two decimal five three (2.53) GWh/hour and is not due to Terminal Operator's fault or due to Force Majeure, then the Maximum Fuel Gas Reimbursement Percentage shall be calculated as follows: Maximum Fuel Gas Reimbursement Percentage = 1.30% + 1.3%*(2.53 -actual monthly average aggregate of Shipper's and Other Shippers' Send Out (in GWh/hour)), calculated to two significant digits. The Maximum Fuel Gas Reimbursement Percentage shall not exceed three decimal four zero percent (3.40%). In the course of Month M+1, Terminal Operator shall determine the Actual Fuel Gas Consumption during the Month M. Actual Fuel Gas Consumption means the Quantity of Fuel Gas used by Terminal as measured in accordance with the rules set out in GC 5.3. If the Actual Fuel Gas Consumption during the Month M exceeds the Maximum Fuel Gas Reimbursement Percentage of the Natural Gas redelivered by Terminal Operator at the Redelivery Point during said Month M, the Actual Fuel Gas Consumption shall be deemed to be equal to the Maximum Fuel Gas Reimbursement Percentage multiplied by the Natural Gas redelivered by Terminal Operator at the Redelivery Point. Terminal Operator will use reasonable endeavours to minimize Actual Fuel Gas Consumption at the LNG Terminal, which shall include using the heat of the CHP unit at the Terminal much as reasonably possible, so long as it is operated (whereby the Shipper acknowledges that Terminal Operator does not control nor cannot guarantee continued operation of said CHP). The difference between: (i) the quantity, expressed in kWh, resulting from applying FGm, to the Natural Gas redelivered at the Redelivery Point by Terminal Operator, and (ii) the Actual Fuel Gas Consumption (or Deemed Fuel Gas Consumption, if applicable according to the following paragraph) determined for the Month M, taking into account the Maximum Fuel Gas Reimburs...
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REIMBURSEMENT OF FUEL GAS. 4.4.1 The estimated quantity of Fuel Gas expressed in kWh for each Month M, FGm, shall be determined as a percentage of the Natural Gas redelivered by Terminal Operator to Shipper, the Other Shippers and the Other Users at the Redelivery Point. Before the end of each Month M-1, Terminal Operator shall notify Shipper, for Month M, the value of FGm which shall not exceed the Maximum Fuel Gas Reimbursement Percentage
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REIMBURSEMENT OF FUEL GAS. The Terminal Operator shall be entitled to deduct FGm (as defined in the LNG Access Code) from Shipper’s Gas in Storage in accordance with the provisions of the LNG Access Code.
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REIMBURSEMENT OF FUEL GAS. The estimated quantity of Fuel Gas expressed in kWh for each Month M, FGm, shall be determined as a percentage of the Natural Gas redelivered by Terminal Operator to Shipper, the Other Shippers and the Other Users at the Redelivery Point. Before the end of each Month M-1, Terminal Operator shall notify Shipper, for Month M, the value of FGm which shall not exceed the Maximum Fuel Gas Reimbursement Percentage. The Terminal Operator shall be entitled to deduct FGm (as defined in the LNG Access Code) from Shipper’s Gas in Storage in accordance with the provisions of the LNG Access Code.
Sample 1
REIMBURSEMENT OF FUEL GAS. The estimated quantity of Fuel Gas expressed in kWh for each Month M, FGm, shall be determined as a percentage of the Natural Gas redelivered by Terminal Operator to Shipper, the Other Shippers and the Other Users at the Redelivery Point. Before the end of each Month M-1, Terminal Operator shall notify Shipper, for Month M, the value of FGm which shall not exceed the Maximum Fuel Gas Reimbursement Percentage. The Terminal Operator shall be entitled to deduct FGm (as defined in the LNG Access Code) from Shipper’s Gas in Storage in accordance with the provisions of the LNG Access Code.  The Maximum Fuel Gas Reimbursement Percentage shall be one decimal three zero percent (1.30 %). However if the actual monthly average aggregate of Shipper's and Other Shippers' Send Out in a given Month M is less than two decimal five three (2.53) GWh/hour and is not due to Terminal Operator's fault or due to Force Majeure, then the Maximum Fuel Gas Reimbursement Percentage shall be calculated as follows: Maximum Fuel Gas Reimbursement Percentage = 1.30% + 1.3%*(2.53 -actual monthly average aggregate of Shipper's and Other Shippers' Send Out (in GWh/hour)), calculated to two significant digits. The Maximum Fuel Gas Reimbursement Percentage shall not exceed three decimal four zero percent (3.40%).  In the course of Month M+1, Terminal Operator shall determine the Actual Fuel Gas Consumption during the Month M. Actual Fuel Gas Consumption means the Quantity of Fuel Gas used by Terminal as measured in accordance with the rules set out in GC 4.3. If the Actual Fuel Gas Consumption during the Month M exceeds the Maximum Fuel Gas Reimbursement Percentage of the Natural Gas redelivered by Terminal Operator at the Redelivery Point during said Month M, the Actual Fuel Gas Consumption shall be deemed to be equal to the Maximum Fuel Gas Reimbursement Percentage multiplied by the Natural Gas redelivered by Terminal Operator at the Redelivery Point. Terminal Operator will use reasonable endeavours to minimize Actual Fuel Gas Consumption at the LNG Terminal, which shall include using the heat of the CHP unit existing on the Effective Date much as reasonably possible (whereby the Shipper acknowledges that Terminal Operator does not control nor cannot guarantee continued operation of said CHP).  The difference between: (i) the quantity, expressed in kWh, resulting from applying FGm, to the Natural Gas redelivered at the Redelivery Point by Terminal Operator, and (ii) the Actua...
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Related to REIMBURSEMENT OF FUEL GAS

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  • Mileage Reimbursement A. Subject to the current Vehicle Rules and Regulations established by the Board, an employee who is authorized to use a private automobile in the performance of duties shall be reimbursed for each mile driven in the performance of his or her duties during each monthly period as follows:

  • Reimbursement of VAT Where under this contract one party is to reimburse or indemnify the other in respect of any payment made or cost incurred by the other, the first party shall also reimburse any VAT paid by the other which forms part of its payment made or cost incurred to the extent such VAT is not available for credit for the other party (or for any person with whom the indemnified party is treated as a member of a group for VAT purposes) under sections 25 and 26 of the Value Added Tax Xxx 0000.

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  • Meal Reimbursement 1. If an employee is required to work one and one-half (1-1/2) hours before or beyond his/her normal working day or on overtime for emergency purposes or for extended work periods of five (5) or more hours in length on a day that is not the employee’s regular work day, and the employee is not exercising flexible work hours, the employee shall be reimbursed for the actual cost of a meal/food items not to exceed $18.00, plus tip (not to exceed 15%) and applicable taxes. Reimbursement is contingent upon the employee providing receipts.

  • Reimbursement of Costs City may reimburse Consultant’s out-of-pocket costs incurred by Consultant in the performance of the Required Services if negotiated in advance and included in Exhibit A. Unless specifically provided in Exhibit A, Consultant shall be responsible for any and all out-of-pocket costs incurred by Consultant in the performance of the Required Services.

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  • Reimbursement of Eligible Costs To be eligible for reimbursement, the Engineer's costs must (1) be incurred in accordance with the terms of a valid work authorization; (2) be in accordance with Attachment E, Fee Schedule; and (3) comply with cost principles set forth at 48 CFR Part 31, Federal Acquisition Regulation (FAR 31). Satisfactory progress of work shall be maintained as a condition of payment.

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