Seller’s Gas Transportation Agreements Sample Clauses

Seller’s Gas Transportation Agreements. (i) At Buyer’s request, Seller shall assign to Buyer (or, as applicable, appoint Buyer as Seller’s balancing agent with respect to) any or all of specified Seller’s rights under agreements with its LDC and other Gas transportation providers with respect to nominating, scheduling, balancing, park and loan services or such other arrangements for the management of Gas supply and delivery for and to the Unit(s); and Buyer shall assume such rights or accept such appointment, as applicable. Seller shall provide notification of such assignment to the LDC and Gas transportation provider no later than five (5) Business Days prior to the Initial Delivery Date. [Note: Five (5) Business Days is sufficient for PG&E Citygate. More time may be needed for other areas.] (ii) Seller shall permit Buyer to directly communicate with and receive information from the LDC and Gas transportation provider regarding any changes in the delivery of Gas, which may include, but is not limited to, formal notifications, outages, pressure reductions, and curtailments that may affect the operation of the Facility in connection with the Agreement. (iii) Prior to Buyer taking over the gas supplier responsibility under this Agreement, Seller shall use commercially reasonable efforts to ensure that zero Gas imbalance is transferred to Buyer, or, if an imbalance position is transferred from Seller or Seller’s Agent to Buyer, at Buyer’s election, Seller shall (A) pay Buyer for any under-delivery imbalance (negative) or any over-delivery imbalance (positive) at the applicable LDC or Gas pipeline rate or charge, including penalties, as applicable, and/or (B) if there is a negative imbalance (ie. under-delivery), Seller shall pay Buyer at the Gas Index Price, Midpoint of a future date or dates to be determined by Buyer. (iv) Buyer shall be responsible for procuring, contracting for and otherwise arranging for Gas transportation services as necessary to make Gas available at the Gas Delivery Point during the Delivery Term. During the Delivery Term, Seller shall provide Buyer access to data as provided in Section 3.7(g) plus timely access to Gas data, records and invoices associated with LDC or Gas transportation provider services for the Facility. (v) During the Delivery Term, at Buyer’s direction, Buyer may assume any of Seller’s rights under any Operational Balancing Agreement (“OBA”), receipt point access agreements, or other Gas transportation contracts, (together designated as “Transportation Co...
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Seller’s Gas Transportation Agreements 
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Related to Seller’s Gas Transportation Agreements

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