Common use of TRANSFER RATE Clause in Contracts

TRANSFER RATE. Operator shall have the right and the obligation to tender Petroleum at the Transfer Point(s) at a certain average rate in accordance with the approved Plans and Revisions. However, Operator in co-ordination with Transporter may transfer Petroleum at a peak rate up to twenty percent (20%) above the approved average rate for temporary periods to compensate for operational constraints. In the event that the throughput capacity of the pipeline system or the related facilities is constrained for unforeseeable incidents beyond the control of the Operator or Transporter and the throughput of Petroleum through the pipeline system is consequently reduced, Operator shall reduce its deliveries accordingly. Any such reduction shall be on a non- discriminatory basis.

Appears in 5 contracts

Samples: Sales Agreement, Sales Agreement, Sales Agreement

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TRANSFER RATE. Operator shall have the right and the obligation to tender Petroleum at the Transfer Point(s) at a certain average rate in accordance with as per the approved Plans and Revisions. However, Operator in co-co- ordination with Transporter may transfer Petroleum at a peak rate up to twenty percent (20%) above the approved average rate for temporary periods to compensate for operational constraints. In the event that the throughput capacity of the pipeline system or the related facilities is constrained for unforeseeable incidents beyond the control of the Operator or Transporter and the throughput of Petroleum through the pipeline system is consequently reduced, Operator shall reduce its deliveries accordingly. Any such reduction shall be on a non- discriminatory basis.

Appears in 3 contracts

Samples: Development and Production Service Contract, Development and Production Service Contract, Development and Production Service Contract

TRANSFER RATE. Operator shall have the right and the obligation to tender Petroleum at the Transfer Point(s) at a certain average rate in accordance with the approved Plans and Revisions. However, Operator in co-ordination with Transporter may transfer Petroleum at a peak rate up to twenty percent (20%) above the approved average rate for temporary periods to compensate for operational constraints. In the event that the throughput capacity of the pipeline system or the related facilities is constrained for unforeseeable incidents beyond the control of the Operator or Transporter and the throughput of Petroleum through the pipeline system is consequently reduced, Operator shall reduce its deliveries accordingly. Any such reduction shall be on a non- non-discriminatory basis.

Appears in 2 contracts

Samples: Sales Agreement, Sales Agreement

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TRANSFER RATE. Operator shall have the right and the obligation to tender Petroleum at the Transfer Point(s) Point at a certain average rate in accordance with as per the approved Plans and RevisionsDevelopment Plan. However, Operator in co-co- ordination with Transporter may transfer Petroleum at a peak rate up to twenty percent (20%) above the approved average rate for temporary periods to compensate for operational constraints. In the event that the throughput capacity of the pipeline system or the related facilities is constrained for unforeseeable incidents beyond the control of the Operator or Transporter and the throughput of Petroleum through the pipeline system is consequently reduced, Operator shall reduce its deliveries accordingly. Any such reduction shall be on a non- non-discriminatory basis.. (End of Article 5)

Appears in 1 contract

Samples: Service Development and Production Contract

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