Common use of Reservations of Shipper Clause in Contracts

Reservations of Shipper. Shipper reserves the following rights under this Agreement: 3.3.1 Sole discretion to determine the appropriate flow rate (which flow rate may be zero) for any Well producing for or on behalf of Shipper or its affiliate; 3.3.2 The right to retain all condensates, distillates, drip gas and any other liquids that are recovered in Shipper’s system upstream of the Receipt Points; and 3.3.3 The right to retain the net proceeds from the sale of all condensates, distillates, drip gas and any other liquids that are recovered in Gatherer’s System downstream of the Receipt Points and marketed by Gatherer on behalf of Shipper less all Third Party costs for collection, removal and transport of said products; and 3.3.4 The exclusive right to process the Gas for extraction of natural gas liquids and other liquid hydrocarbons downstream of the Receipt Points. Gatherer has no right to such liquids or to install facilities for the removal of such liquids beyond industry standard mechanical separation or to condition fuel gas as needed for operations.

Reservations of Shipper. Shipper reserves the following rights under this Agreement: 3.3.1 Sole discretion to determine the appropriate flow rate (which flow rate may be zero) for any Well producing for or on behalf of that is operated by Shipper or its affiliate; 3.3.2 The right to retain all condensates, distillates, drip gas and any other liquids that are recovered in Shipper’s system upstream of the Receipt Points; and 3.3.3 The right to retain the net proceeds from the sale of marketing all condensates, distillates, drip gas and any other liquids that are recovered in Gatherer’s System downstream of the Receipt Points and marketed by Gatherer on behalf of Shipper less all Third Party third party costs for collection, removal and transport of said products; and 3.3.4 The exclusive right to process the Gas for extraction of natural gas liquids and other liquid hydrocarbons downstream of the Receipt Points. Gatherer has no right to such liquids or to install facilities for the removal of such liquids beyond industry standard mechanical separation or to condition fuel gas as needed for operations.