Common use of SHRINKAGE Clause in Contracts

SHRINKAGE. Buyer/Processor agrees to use ordinary care in transporting the Gas produced by Seller and purchased and gathered by Buyer/Processor hereunder to its point of delivery at the Plant, and after processing such Gas, deliver the Gas to its purchaser at the tailgate of said Plant. However, the parties understand and agree that certain volumetric gains and losses in the Gas will occur and shall be shared by and among Seller and other third-party sellers, whose Gas is also being purchased by Buyer/Processor and transported to the Plant, in the proportion that each party delivers Gas into Buyer/Processor's Gathering System at their respective Point(s) of Delivery.

SHRINKAGE. Buyer/Processor agrees to use ordinary care in transporting the Gas produced by Seller and purchased and gathered by Buyer/Processor hereunder hereun­der to its point of delivery at the Plant, and after processing such Gas, deliver the Gas to its purchaser at the tailgate of said Plant. However, the parties understand and agree that certain volumetric gains and losses in the Gas will occur and shall be shared by and among Seller and other third-party sellers, whose Gas is also being purchased by Buyer/Processor and transported to the Plant, in the proportion that each party delivers Gas into Buyer/Processor's Gathering System at their respective Point(s) of Delivery.

SHRINKAGE. A. Buyer/Processor agrees to use ordinary care in transporting gathering Producer/Seller's Gas from the Point(s) of Delivery to the Gas produced by Seller and purchased and gathered by Buyer/Processor hereunder to its point of delivery at the Plant, and after processing such Producer/Seller's Gas, deliver delivering the resultant Residue Gas to its purchaser at the tailgate of said the Gas Plant. However, the parties Parties understand and agree that certain volumetric gains and losses in the Gas will occur and shall be shared by and among Producer/Seller and other third-party sellers, third parties whose Gas gas is also being purchased by Buyer/Processor and transported to the Gas Plant, in the proportion that each party delivers Gas gas into Buyer/Processor's Gathering System at their respective Point(s) of Delivery.