Common use of Seller Gas Events Clause in Contracts

Seller Gas Events. Each Party agrees to cooperate with the other in operating under this Agreement to minimize pipeline and system pool imbalances and associated charges or penalties. Seller shall notify Buyer immediately upon learning of the occurrence of a Seller Gas Event. Upon receiving such notification, Buyer shall use commercially reasonable efforts to manage its gas supply and transportation arrangements for the purpose of minimizing daily or monthly pipeline or system pool imbalance charges or penalties. 34

Seller Gas Events. Each Party agrees to cooperate with the other in operating under this Agreement to minimize pipeline and system pool imbalances and associated charges or penalties. Seller shall notify Buyer immediately upon learning of the occurrence of a Seller Gas Event. Upon receiving such notification, Buyer shall use commercially reasonable efforts to manage its gas supply and transportation arrangements for the purpose of minimizing daily or monthly pipeline or system pool imbalance charges or penalties. 3432