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).
Reservation Charge. Utility shall pay UGIES a Reservation Charge during the Primary Term, as follows: Primary Term Annual Charge 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: Primary Term Monthly Installment Charge 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. 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.
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.
Reservation Charge. Utility shall pay UGIES an Annual Reservation Charge of $33,764,142.00 each year from November 1, 2021 to March 31, 2036 of the Primary Term. The Annual Reservation Charge shall be paid in five (5) equal installments due on November 1, December 1, January 1, February 1, and March 1, during each year of the Primary Term. The Reservation Charge shall be billed and paid in accordance with Section 6 hereof.
Reservation Charge. Utility shall pay UGI ES a reservation charge for each Winter Season during the Primary Term, as follows: Winter Season Charge November 1 through March 31 $6,672,000.00 The reservation charge above shall be paid in five equal installments of $1,334,400.00 due on or before the first of each month during the winter season. The reservation charge shall be billed and paid in accordance with Section 6.
Reservation Charge. Utility shall pay GASMARK a total reservation charge of $13,650,000 for each Winter Season during the Primary Term. The reservation charge shall be paid in three equal monthly installments due on November 1, December 1 and January 2 of each contract year, provided that if such due date is not a Business Day then the due date shall be the following Business Day, and shall be charged and collected in accordance with Section 6.
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. Installment Period Reservation Charge Payment (Per Month in Installment Period) November through March $1,656,098.60 April through September $777,383.10 October $774,368.40
