Common use of Subscription Account Clause in Contracts

Subscription Account. 24.1 CREDITING THE SUBSCRIPTION ACCOUNT While the Annual Schedule is being devised, the Shipper's Subscription Account shall be credited with: o the difference between the Number of Contractual Unloadings and the number of Unloadings scheduled by the Shipper, and; o the difference between the Contractual Unloaded Quantity and the sum of Energy Content in the Unloadings scheduled by the Shipper. At any point between the Operator's publication of the Annual Schedule for Year N and the twentieth (20) calendar day of a given Month M-2, the Shipper may remove from its Annual Schedule all or part of the Cargo Transfers or Energy Content scheduled for Unloading in Month M. This capacity shall then be credited to the Shipper's Subscription Account. The Subscription Account shall be automatically reset at the end of every Year.

Subscription Account. 24.1 CREDITING THE SUBSCRIPTION ACCOUNT Crediting the Subscription Account While the Annual Schedule is being devised, the Shipper's Subscription Account shall be credited with: o the difference between the Number of Contractual Unloadings and the number of Unloadings scheduled by the Shipper, and; o the difference between the Contractual Unloaded Quantity and the sum of Energy Content in the Unloadings scheduled by the Shipper. At any point between the Operator's publication of the Annual Schedule for Year N and the twentieth (20) calendar day of a given Month M-2, the Shipper may remove from its Annual Schedule all or part of the Cargo Transfers or Energy Content scheduled for Unloading in Month M. This capacity shall then be credited to the Shipper's Subscription Account. The Subscription Account shall be automatically reset at the end of every Year.