SCHEDULING AND NOMINATIONS Clause Samples
The Scheduling and Nominations clause establishes the procedures and timelines for parties to coordinate the delivery or receipt of goods, services, or resources under a contract. Typically, it requires one party to provide advance notice of their intended delivery or receipt schedule, and the other party to confirm or adjust these nominations within a specified timeframe. This clause ensures that both parties are aligned on logistics, reducing the risk of miscommunication or operational delays, and thereby facilitating smooth and predictable contract performance.
SCHEDULING AND NOMINATIONS. 5.1 Nominations for gas flow shall be submitted by the Shipper to Company no later than 10:00 a.m. Central Clock Time the day prior to gas flow; provided however, if a change in the nomination level is desired on a weekend or Company holiday, then nominations shall be submitted by the Shipper to Company no later than 10:00 a.m. Central Clock Time the last Business Day immediately prior to such weekend or holiday. Nominations shall be submitted via the Company’s internet based nomination system. Company and the Shipper may agree on other means of submitting nominations from time to time. Nomination quantities shall be expressed in MMBtu. Company shall not be required to confirm a nomination that is: (A) inconsistent with the recently observed deliveries or projected deliveries for the Service Month; (B) higher than the MDQ specified in the Agreement for the applicable Delivery Point; or (C) not confirmed by the upstream pipeline. For these purposes, the projected deliveries for the Service Month shall be equal to the arithmetic average of the number of observed deliveries within the Service Month to date multiplied by the number of days in the Service Month. Once a nomination is made and confirmed by Company, that nomination will remain in effect through the end of the month or until changed by Shipper. Company shall confirm the nominated volume to upstream pipeline transporting Shipper's gas to the Receipt Point.
5.2 Company will require Shipper to comply with the scheduling and nominating procedures as set forth in applicable upstream pipeline transportation tariffs and or contracts, if any. Shipper shall be liable and shall compensate Company for any costs imposed upon Company as a result of ▇▇▇▇▇▇▇'s scheduling and nomination deviations or non-compliance with such scheduling and nominating procedures.
SCHEDULING AND NOMINATIONS. 3.20.1. Nominations for gas flow shall be submitted by customer to Company no later than 10:00 a.
SCHEDULING AND NOMINATIONS. 8.1. Subject to Buyer’s obligation to take and purchase all volumes made available for sale by Seller hereunder, Seller recognizes Buyer’s interest in maintaining as constant a rate of flow as is reasonably possible. Seller shall provide Buyer with such advance notice as is reasonably possible of any material changes in volumes tendered (or to be tendered) to Buyer under this Agreement and will cooperate in providing Buyer whatever information is required by Buyer to accommodate Buyer’s obligations to nominate gas for gathering service with Gatherer.
SCHEDULING AND NOMINATIONS