Reservation Charge. Utility any shall pay UGIES an Annual Reservation Charge of $13,719,160.00 each year during the Primary Term. The Annual Reservation Charge shall be paid in accordance with the installment schedule below on or before the first (1st) of each month of the Primary Term. The Reservation Charge shall be billed and paid in accordance with Section 6 hereof. November through March $1,656,098.60 April through September $777,383.10 October $774,368.40
Reservation Charge. Each Contract Month, Buyer shall pay to Seller an amount determined by multiplying the applicable Maximum Daily Quantity set forth in Paragraph 2 above by the Reservation Rate set forth for that particular Contract Month in the following schedule: Contract Month Reservation Rate November $0.020 Per MMBtu December $0.020 Per MMBtu January $0.020 Per MMBtu February $0.020 Per MMBtu March $0.020 Per MMBtu April $0.000 Per MMBtu May $0.000 Per MMBtu June $0.000 Per MMBtu July $0.000 Per MMBtu August $0.000 Per MMBtu September $0.000 Per MMBtu October $0.000 Per MMBtu
Reservation Charge. (i) Operator will develop the LTD Expansion Rate by classifying all Fixed Costs in the cost of service for the Terminal Expansion to the reservation charge pursuant to the Straight Fixed Variable rate design methodology. The reservation charge will be calculated by dividing the Fixed Costs for the Terminal Expansion by the total LTD Expansion service annual reservation quantities (9,600,000 Dth = 12 months x MDDQ).
(ii) The reservation charge produced by Operator’s calculations in Sections 5.2(a), 5.2(b) and 5.2(c)(1)(i) will be set to reflect the actual expected cost of service based on the Terminal Expenditures, but in no case will the monthly reservation charge exceed $***/Dth or the unit rate (assuming 100% load factor utilization of capacity) exceed $***/Dth.
Reservation Charge. Regardless of the amount of gas actually taken by Buyer in any month, Buyer agrees to pay Mobil the Reservation Charge indicated on Appendix A in consideration for Mobil's agreement to make a quantity of gas, up to the MCQ, available each day. This Letter Agreement, and Appendices A, B, C, and D constitute the parties' entire agreement as to the matters covered hereby. If the foregoing correctly reflects your understanding of our agreement, please execute both of the enclosed originals of this Letter Agreement and return one fully executed original to the undersigned. Very truly yours, MOBIL NATURAL GAS INC. /s/ Daryx X. Xxxxxx Daryx X. Xxxxxx Area Sales Manager ACCEPTED AND AGREED TO This 14th day of September 1995 BUYER: MOBILE GAS SERVICE CORPORATION By: /s/ Geraxx X. Xxxx Xxxe (Printed): Geraxx X. Xxxx Xxxle: Vice President 4 APPENDIX A WARRANTY LETTER AGREEMENT Attached to and forming part of the Letter Agreement dated November 1, 1991 between Mobil Natural Gas Inc. and Mobile Gas Service Corporation.
PART I MCQ SALES POINT(S) EFFECTIVE PERIOD (MMBtu/D) Location Meter No. ---------------- --------- -------- --------- [***proprietary information omitted***] Mobil Mobile Bay 2460 Alternate: Koch Xxxeway Pipeline Co. At Whistler
PART II COMMODITY CHARGE MMBtu (Dry)1 RESERVATION CHARGE ---------------------------- ------------------ [***proprietary information omitted***] Calculated monthly, according to the formula R =[***proprietary information omitted***], where P equals the commodity Charge; MCQ equals the Maximum Contract Quantity ([***proprietary information omitted***] MMBTU/D); and D equals the number of gas days in the month. AGREED AND ACCEPTED this 14th day of September, 1995. BUYER: SELLER: MOBILE GAS SERVICES CORPORATION MOBIL NATURAL GAS INC. By: /S/ Geraxx X. Xxxx By: /S/ Daryx X. Xxxxxx 1 The Commodity charge includes all taxes, transportation charges, and other add-ons, aftributable to the gas prior to delivery, excluding only sales, use, and gross receipts taxes arising at the time of delivery and/or title passage. Buyer shall pay all sales, use, and gross receipts taxes unless Buyer is exempt, by law, from such taxes. Buyer agrees to provide Seller copies of any applicable exemption certificates.
Reservation Charge. Utility shall pay UGIES a Reservation Charge during the Primary Term, as follows: November 2015 through March 2016 $11,626,572.00 $11,399,707.00 November 2017 through March 2018 $11,723,866.00 $14,059,738.00 November 2019 through March 2020 $16,395,610.00 The Reservation Charge above shall be paid in five (5) equal installments of due on November 1, December 1, January 1, February 1, and March 1, during each year of the Primary Term, as follows: November 2015 through March 2016 $2,325,314.40 $2,279,941.40 November 2017 through March 2018 $2,344,773.20 $2,811,947.60 November 2019 through March 2020 $3,279,122.00 The Reservation Charge shall be billed and paid in accordance with Section 6 hereof
Reservation Charge. (a) For TF-1 (Large Customer) service, the Reservation Charge is the sum of the daily product of Shipper's Transportation Contract Demand as specified in the executed Service Agreement and the Base Tariff Reservation Charge stated on Sheet No. 5 of this Tariff that applies to the customer category identified in the Service Agreement. The CRM Surcharge, as stated on Sheet 5-B of this Tariff, will apply to the Large Customer category, including the 25-Year Evergreen Expansion, for contracts having a primary term of one year or more. Unless specifically adjusted pursuant to Section 3.5 herein, the Maximum Base Tariff Rate set forth on Sheet No. 5 will apply. For capacity release service, the Reservation Charge is the sum of the daily product of the accepted reservation charge bid 2. APPLICABILITY AND CHARACTER OF SERVICE
Reservation Charge. (a) The sum of the daily product of Shipper's Monthly Billing Quantity as specified in the executed Service Agreement and the reservation charge unit rate which is stated on Sheet No. 5 of this Tariff and the CRM Surcharge as stated on Sheet 5-B of this Tariff. The Monthly Billing Quantity shall be determined for each Shipper and Service Agreement as specified in Section 6 herein. Unless specifically adjusted pursuant to Section 3.3 herein, the Maximum Base Tariff Rate set forth on Sheet No. 5 will apply. For capacity release service, the Reservation Charge is the sum of the daily product of the accepted reservation charge bid price which was bid by a Replacement Shipper or a Prearranged Replacement Shipper under the bidding procedures for capacity releases set forth in Section 22 of the General Terms and Conditions and the Monthly Billing Quantity applicable to the Replacement Shipper or the Prearranged Replacement Shipper.
Reservation Charge. (a) The sum of the daily product of Xxxxxxx's Monthly Billing Quantity as specified in the executed Service Agreement and the reservation charge unit rate which is stated on Sheet No. 5 of this Tariff . and the CRM Surcharge as stated on Sheet 5-B of this Tariff. The Monthly Billing Quantity shall be determined for each Shipper and Service Agreement as specified in Section 6 herein. Unless specifically adjusted pursuant to Section 3.3 herein, the Maximum Base Tariff Rate set forth on Sheet No. 5 will apply. For capacity release service, the Reservation Charge is the sum of the daily product of the accepted reservation charge bid price which was bid by a Replacement Shipper or a Prearranged Replacement Shipper under the bidding procedures for capacity releases set forth in Section 22 of the General Terms and Conditions and the Monthly Billing Quantity applicable to the Replacement Shipper or the Prearranged Replacement Shipper.
Reservation Charge. Buyer shall pay Seller each month a Reservation Charge calculated as $*** multiplied by the DCE multiplied by the number of days in the month. In addition, the service fee for nomination changes requested during a month pursuant to Section 4.3 shall be $*** per MMBtu for the *** and for each change up to and including *** and $*** per MMBtu for ***. The applicable *** shall be multiplied by the DCE and the number of days in the month.
Reservation Charge. Buyer shall pay Seller each month a Reservation Charge calculated as *** multiplied by the DCE for the relevant month, multiplied by the number of days in the month.
