Transportation Imbalances Sample Clauses

Transportation Imbalances. Seller and Purchaser shall notify the other as promptly as possible of any changes in its rate of delivery or receipt of Crude Oil at the relevant Injection or Delivery Location, as the case may be, and take all reasonable actions necessary to avoid the incurrence of Pipeline penalties and imbalances. In the event a transporting Pipeline determines that a Transportation Imbalance (whether positive or negative) exists with respect to any Seller Crude Oil transported by such Pipeline during the term of this Agreement, and such Pipeline requires Seller (as shipper) to settle such Transportation Imbalance in cash or in kind, Seller shall assign to Purchaser, and Purchaser shall assume and accept, all rights and obligations with respect to such Transportation Imbalance, including the obligation to make payment for (or if settled in kind, make delivery of) any shortage and the right to receive payment for (or accept delivery of) any overage, in each case as established by the invoices, records and statements of the transporting Pipeline.
Sample 1
AutoNDA by SimpleDocs
Transportation Imbalances. In the event that Seller delivers or causes to be delivered to Transporter(s) at the Point(s) of Sale a quantity of Gas not equal to the Daily Contract Quantity,DCQ, or Buyer takes or causes to be taken from Transporter(s) a quantity of Gas not equal to the Daily Contract Quantity,DCQ, a “Transportation Imbalance” may occur. Upon either Party becoming aware that a Transportation Imbalance exists because of Seller's over-deliveries or under-deliveries or Buyer's under-takes or over-takes, Buyer and Seller each will exercise reasonable efforts to correct the Transportation Imbalance as soon as reasonably possible, subject to any restrictions imposed by the applicable Transporter(s).
Sample 1
Transportation Imbalances. Seller and Purchaser shall notify the other as promptly as possible of any changes in its rate of delivery or receipt of Crude Oil at the relevant Injection or Delivery Location, as the case may be, and take all reasonable actions necessary to avoid the incurrence of Pipeline penalties and imbalances. In the event a transporting Pipeline determines that a Transportation Imbalance (whether positive or negative) exists with respect to any Seller Crude Oil associated with any Deal Sheet that is transported by such Pipeline, and such Pipeline requires Seller (as shipper) to settle such Transportation Imbalance in cash or in kind, Seller shall assign to Purchaser, and Purchaser shall assume and accept, all rights and obligations with respect to such Transportation Imbalance, including the obligation to make payment for (or if settled in kind, make delivery of) any shortage and the right to receive payment for (or accept delivery of) any overage, in each case as established by the invoices, records and statements of the transporting Pipeline. At the termination of this Agreement, Seller shall assign to Purchaser, and Purchaser shall assume, all outstanding Transportation Imbalances (if any) under all transportation rights previously assigned to Seller pursuant to Section 2.03.
Sample 1
Transportation Imbalances 
Sample 1

Related to Transportation Imbalances

  • Transportation Charges The cost of transporting Employees and Material necessary for the Mining Operations.

  • Transportation Costs The cost of transporting a Warranted Part claimed to be defective to the facilities designated by the Seller and for the return therefrom of a repaired or replaced Warranted Part shall be borne by the Buyer.

  • Transportation Allowance When an employee is required to travel to the Hospital or to return to her home as a result of reporting to or off work between the hours of hours, (other than reporting to or off work for her regular shift) or at any time while on standby, the Hospital will pay transportation costs either by taxi or by her own vehicle at the rate of thirty-five cents ($0.35) per mile (to a maximum of fourteen dollars ($14.00)) or such greater amount as the Hospital may in its discretion determine for each trip between the aforementioned hours. The employee will provide to the Hospital satisfactory proof of payment of such taxi fare.

  • Transportation Transportation expenses include, but are not limited to, airplane, train, bus, taxi fares, rental cars, parking, mileage reimbursement, and tolls that are reasonably and necessarily incurred as a result of conducting State business. Each State agency shall determine the necessity for travel, and the mode of travel to be reimbursed.

  • Transportation Reimbursement Employees who, during the course of their normal duties, are required to actually transport clients/consumers/felons in their own personal vehicle on a regular basis, are eligible for reimbursement for the cost of an automobile rider to their existing insurance policy. To be eligible for the reimbursement, the employee must demonstrate the following: 1. That he/she is normally required to transport clients/consumers/felons in the course of their duties. 2. That there is no access to or available State vehicles. 3. That public transportation cannot be used. 4. That their insurance company requires a special rider on their existing automobile policy. 5. Proof that such a rider has been purchased. 6. Proof of a valid driver’s license and insurance policy. By receiving such reimbursement, employees acknowledge that they may be required to use their own personal vehicle to transport clients/consumers/felons in the normal course of their duties. The reimbursement to such employee(s) is the actual cost of the rider not to exceed seventy-five dollars ($75) per year whichever is less. This reimbursement will be paid on a yearly basis in the pay period that includes July 1st. Employees who either resign, retire, or have their employment terminated during the year and employees who start during any part of the year will have the reimbursement prorated. In the case of employees who either retire, resign, or have their employment terminated will have that portion of the reimbursement repaid to the State, in the last paycheck.

  • Underground Storage Tanks In accordance with the requirements of Section 3(g) of the D.C. Underground Storage Tank Management Act of 1990, as amended by the District of Columbia Underground Storage Tank Management Act of 1990 Amendment Act of 1992 (D.C. Code § 8-113.01, et seq.) (collectively, the “UST Act”) and the applicable D.C. Underground Storage Tank Regulations, 20 DCMR Chapter 56 (the “UST Regulations”), District hereby informs the Developer that it has no knowledge of the existence or removal during its ownership of the Property of any “underground storage tanks” (as defined in the UST Act). Information pertaining to underground storage tanks and underground storage tank removals of which the D.C. Government has received notification is on file with the District Department of the Environment, Underground Storage Tank Branch, 00 X Xxxxxx, X.X., Xxxxx Xxxxx, Xxxxxxxxxx, X.X., 00000, telephone (000) 000-0000. District’s knowledge for purposes of this Section shall mean and be limited to the actual knowledge of Xxxxxx Xxxxx, Property Acquisition and Disposition Division of the Department of Housing and Community Development, telephone no. (000) 000-0000. The foregoing is set forth pursuant to requirements contained in the UST Act and UST Regulations and does not constitute a representation or warranty by District.

  • Transportation of Accident Victims Transportation to the nearest physician or hospital for employees requiring medical care as a result of an on-the-job accident shall be at the expense of the Employer.

  • Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location that could give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could give rise to liability under, any applicable Environmental Law;

  • Storage Tanks If storage tanks storing Hazardous Materials located on the Premises or the Project are used by Tenant or are hereafter placed on the Premises or the Project by Tenant, Tenant shall install, use, monitor, operate, maintain, upgrade and manage such storage tanks, maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, properly close any storage tanks, and take or cause to be taken all other actions necessary or required under applicable state and federal Legal Requirements, as such now exists or may hereafter be adopted or amended in connection with the installation, use, maintenance, management, operation, upgrading and closure of such storage tanks. Notwithstanding anything to the contrary contained herein, Tenant shall have no right to use or install any underground storage tanks at the Project.

  • Transportation Expenses The reasonable and necessary expenses of transportation required in the performance of Superintendent’s official duties shall be reimbursed at the rate set annually by the Board for District travel.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!