Unused Outlet Points Sample Clauses

Unused Outlet Points. (a) If: (i) the Shipper has no Contracted Capacity at an Outlet Point; and (ii) such point has not been used, or is, in the Operator's opinion (acting reasonably and after consulting with the Shipper), unlikely to be used, to Deliver Gas to the Shipper for a period, in aggregate, greater than 12 continuous months, then the Operator may, at the cost of the Operator, decommission, remove and deal with or dispose of as it sees fit (including selling for its own benefit) any part or the whole of that Outlet Point and any Associated Outlet Station. Upon the commencement of such decommissioning, such Outlet Point, subject to clause 15.16(b), ceases to be an Outlet Point for the purpose of this Contract. (b) If requested by the Shipper, the Shipper and the Operator will discuss in good faith deferring the decommissioning of the Outlet Point and any Associated Outlet Station on the basis that the Shipper will pay ongoing maintenance charges incurred by the Operator in maintaining the Outlet Point and any Associated Outlet Station. (c) If subsequent to the commencement of such decommissioning, the Shipper wishes to use such point as an Outlet Point under this Contract, the Shipper must give at least 10 months written notice to the Operator and must fully indemnify the Operator for all costs, losses, liabilities and expenses incurred by the Operator in respect of such recommissioning of the point as an Outlet Point for the purposes of this Contract and in respect of recommissioning any Associated Outlet Station. (d) An Outlet Point recommissioned in accordance with clause 15.16(c) is subject to Charges in accordance with clause 6.11.
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Related to Unused Outlet Points

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

  • Daily 1. Name and address changes 2. Name and address additions and deletions 3. Transaction Register a. Purchases b. Redemptions c. Transfer and adjustments 4. Cash reconciliation - Cash received for day 5. Check reconciliation - checks issued for day 6. Transaction reconciliation a. Amount received b. Total shares purchased c. Number of purchase transactions d. Dollar amount redeemed e. Shares redeemed f. Number of accounts redeeming g. Checks issued for redemptions

  • Unused Revolving Line Facility Fee A fee (the “Unused Revolving Line Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to one quarter of one percent (0.25%) per annum of the average unused portion of the Revolving Line, as determined by Bank. Borrower shall not be entitled to any credit, rebate or repayment of any Unused Revolving Line Facility Fee previously earned by Bank pursuant to this Section notwithstanding any termination of the Agreement or the suspension or termination of Bank’s obligation to make loans and advances hereunder; and

  • Unused Line Fee On the first day of each month during the term of this Agreement, an unused line fee in an amount equal to 0.375% per annum times the result of (i) the Maximum Revolver Amount, less (ii) the sum of (A) the average Daily Balance of Advances that were outstanding during the immediately preceding month, plus (B) the average Daily Balance of the Letter of Credit Usage during the immediately preceding month,

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • Points The points to be assigned to the classification levels under this Agreement shall be: C14 - C13 - C12 32 C11 64 C10 96 C9 12 additional points above C10 C8 24 additional points above C10 C7 36 additional points above C10 C6 48 additional points above C10 C5 60 additional points above C10 C4 Standards and points to be finalised C3 Standards and points to be finalised C2a Standards and points to be finalised C2b Standards and points to be finalised C1a Standards and points to be finalised C1b Standards and points to be finalised and in accordance with Table 2 in the National Metal and Engineering Competency Standards Implementation Guide.

  • Unused Commitment Fee Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and June.

  • Contact Points Each Party shall designate a contact point to facilitate communications between the Parties on any matter covered by this Agreement.

  • Unused Fees For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.

  • Night Shift Differential Unit 12 employees who regularly work shifts shall receive a night shift differential as set forth below: A. Employees shall qualify for the first night shift pay differential of forty (40) cents per hour where four (4) or more hours of the regularly scheduled work shift falls between 6 p.m. and 12 midnight. B. Employees shall qualify for the second night shift pay differential of fifty (50) cents per hour where four (4) or more hours of the regularly scheduled work shift fall between 12 midnight and 6 a.m. C. A "regularly scheduled work shift" are those regularly assigned work hours established by the department director or designee.

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