Residue Gas Allocable to Supplier Sample Clauses

Residue Gas Allocable to Supplier. The MMBtus of Residue Gas allocable to Supplier shall be equal to the quantity of Net Raw Gas delivered to Processor by or on behalf of Supplier, stated in MMBtus, less that quantity that is consumed as plant fuel, plant loss and Shrinkage. “Shrinkage” shall be calculated by Processor each calendar month as follows: by multiplying the volume of each NGL component allocated to Supplier in accordance with Section 5.3(a) by the Btu equivalent of each such component as set forth in GPA Technical Standards Publication No. 2145-09 as revised from time to time and as adjusted according to industry standards; the aggregate Btus of all such components shall constitute the Shrinkage hereunder attributable to Supplier’s Raw Gas during such calendar month.
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Residue Gas Allocable to Supplier. (i) Processor will determine the MMBtus of “Residue Gas allocable to Supplier” by multiplying the MMBtus of “Residue Gas available” from Processor’s Facilities by a fraction. The numerator will be the “theoretical MMBtus of Residue Gas remaining from Supplier’s gas” delivered by Supplier, and the denominator will be the total of the theoretical MMBtus of Residue Gas remaining from all gas delivered to Processor from the common sources connected to Processor’s Facilities. “

Related to Residue Gas Allocable to Supplier

  • No Duplication; No Double Recovery Nothing in this Agreement is intended to confer to or impose upon any Party a duplicative right, entitlement, obligation or recovery with respect to any matter arising out of the same facts and circumstances.

  • Title to Properties and Related Matters (a) Except as set forth on Schedule 3.10(a), the Company has good and valid title to all material personal property, tangible or intangible, which the Company purports to own, including the properties reflected on the Balance Sheet or acquired after the date thereof (other than properties and assets sold or otherwise disposed of in the ordinary course of business and consistent with past practice since June 30, 1999), free and clear of any claims, liens, pledges, security interests or encumbrances of any kind whatsoever (other than (i) purchase money security interests and common law vendor's liens, in each case for goods purchased on open account in the ordinary course of business and having a fair market value of less than $5,000 in each individual case), (ii) liens for Taxes not yet due and payable, and (iii) such imperfections of title and encumbrances, if any, that are not material in character, amount or extent and that do not materially detract from the value, or materially interfere with the use of, the property subject thereto or affected thereby.

  • Lost ADRs, etc In case any ADR shall be mutilated, destroyed, lost, or stolen, the Depositary shall execute and deliver a new ADR of like tenor at the expense of the Holder (a) in the case of a mutilated ADR, in exchange of and substitution for such mutilated ADR upon cancellation thereof, or (b) in the case of a destroyed, lost or stolen ADR, in lieu of and in substitution for such destroyed, lost, or stolen ADR, after the Holder thereof (i) has submitted to the Depositary a written request for such exchange and substitution before the Depositary has notice that the ADR has been acquired by a bona fide purchaser, (ii) has provided such security or indemnity (including an indemnity bond) as may be required by the Depositary to save it and any of its agents harmless, and (iii) has satisfied any other reasonable requirements imposed by the Depositary, including, without limitation, evidence satisfactory to the Depositary of such destruction, loss or theft of such ADR, the authenticity thereof and the Holder’s ownership thereof.

  • Collections and Allocations (a) The Borrower or the Servicer on behalf of the Borrower shall promptly (but in no event later than two (2) Business Days after the receipt thereof) identify any Collections received by it as being on account of Interest Collections or Principal Collections and deposit all such Interest Collections or Principal Collections received directly by it into the Collection Account. The Servicer on behalf of the Borrower shall make such deposits or payments on the date indicated by wire transfer, in immediately available funds.

  • Requirements Applicable to All Dispositions and Admissions Any Disposition of Membership Interests and any admission of an Assignee as a Member shall also be subject to the following requirements, and such Disposition (and admission, if applicable) shall not be effective unless such requirements are complied with:

  • Book Allocations The net income and net loss of the Company shall be allocated entirely to the Member.

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