Abandonment Charge definition

Abandonment Charge means the abandonment charge payable by Customer to Company for each Schedule of Service under Rate Schedules FT-R, FT-RN, FT-D, FT- DW, STFT, FT-P, LRS, LRS-3. IT-R, IT-D and certain Rate Schedules OS as set out in Note 3 of the Table of Rates, Tolls and Charges determined by multiplying the:
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Abandonment Charge means the abandonment charge collected by Company for and on behalf of Foothills Pipe Lines (Alta.) Ltd., Foothills Pipe Lines (South B.C.) Ltd. and Foothills Pipe Lines (Sask.) Ltd. payable by Shippers to Company for each Service Agreement under Rate Schedules FT, OT, SGS, STFT and IT determined by multiplying the:
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Abandonment Charge means the monthly abandonment charge payable by Shipper to Carrier determined as follows:
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Examples of Abandonment Charge in a sentence

  • Each month, Customer shall pay to TCPL an Abandonment Charge determined by multiplying Customer’s Contract Demand by the applicable Monthly Abandonment Surcharge.

  • If Customer’s Contract Demand changes during a month, then a weighted average daily Contract Demand shall be determined for such month and shall be used to calculate the Abandonment Charge for such month.

  • The Abandonment Charge is payable by Customer notwithstanding any failure by Customer during such month, for any reason whatsoever including force majeure or a default by Customer under Section 2.1 hereof, to deliver Customer’s Authorized Quantity to TCPL at the receipt point.

  • Each month, Shipper shall pay to TransCanada an Abandonment Charge determined by multiplying Shipper’s Contract Demand by the applicable Monthly Abandonment Surcharge.

  • The Abandonment Charge is payable by Customer notwithstanding any failure by Customer during such month, for any reason whatsoever, including an event of force majeure, to receive or deliver Customer’s full Contract Demand.

  • Company shall proceed with such correction in the month following the month that Company confirms the error, provided however an overcharge of the Abandonment Charge shall be reimbursed only by a credit on an invoice in any subsequent Month that an Abandonment Charge is payable.

  • If there is an undercharge of the Abandonment Charge, Company shall invoice such undercharge in the following Month’s invoice.

  • If Shipper's Contract Demand changes during a month, then a weighted average daily Contract Demand shall be determined for such month and shall be used to calculate the Abandonment Charge for such month.

  • However, an overcharge of the Abandonment Charge shall be corrected solely through an adjustment to any future bill for which an Abandonment Charge is payable.

  • The Abandonment Charge is payable by Shipper notwithstanding any failure by Shipper during such month, for any reason whatsoever, including an event of force majeure, to receive or deliver Shipper's full Contract Demand.


More Definitions of Abandonment Charge

Abandonment Charge means the charge payable by Shipper to TransCanada pursuant to the FT, FT-SN, FT-NR, MFP, Herbert LTFP, Dawn LTFP, NBJ LTFP, IT, STS, STS-L, STFT, ST- SN, EMB and SSS Contracts.
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Abandonment Charge means the charge payable by Customer to TCPL pursuant to the FT, FT‐SN, FT‐NR, MFP, Herbert LTFP, Dawn LTFP, NBJ LTFP, MDS, IT, STS, STS‐L, STFT, ST‐SN and EMB Contracts.
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Abandonment Charge means the charge payable by Shipper to TransCanada pursuant to the FT, FT-SN, FT-NR, MFP, Herbert LTFP, Dawn LTFP, NBJ LTFP, MDS, IT, STS, STS-L, STFT, ST-SN, EMB and SSS Contracts.
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Related to Abandonment Charge

  • development charge means a charge imposed pursuant to this By-law;

  • Government Charges means all charges or duties on deposits into, or withdrawals from your account that are payable under a law of the Commonwealth or any State or Territory or any other jurisdiction whether or not you are primarily liable to pay these charges.

  • Prepayment Charge With respect to any Mortgage Loan, the charges or premiums, if any, due in connection with a full or partial prepayment of such Mortgage Loan during a Prepayment Period in accordance with the terms thereof (other than any Servicer Prepayment Charge Payment Amount).

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Access Charge has the meaning set out in Clause 6.1;

  • Default Management Charge has the meaning given to it in paragraph 6.2 of Framework Schedule 9 (Management Information);

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Prepayment Charge Schedule A data field in the Mortgage Loan Schedule attached hereto as Exhibit A which sets forth the amount or method of calculation of the Prepayment Charge and the term during which such Prepayment Charge is imposed with respect to a Mortgage Loan.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Water Charges means service charges in respect of the provision of water.

  • Penalty Charges means any amounts collected from the Borrower that represent default charges, penalty charges, late fees and/or default interest, but excluding any yield maintenance charge or prepayment premium.

  • Government Mortgage Loan means a closed-end First Mortgage Loan that is either HUD/FHA insured (other than a HUD 203(K) Mortgage Loan or a Title I Mortgage Loan) or VA guaranteed.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Prepayment Charge Period As to any Mortgage Loan, the period of time during which a Prepayment Charge may be imposed.

  • Delinquent Mortgage Loan means any Mortgage Loan as to which any Monthly Payment, or part thereof, remains unpaid for 30 days or more following the original Due Date for such Monthly Payment.

  • Default Charges Default Interest and/or late payment charges that are paid or payable, as the context may require, in respect of any Mortgage Loan or Serviced Pari Passu Companion Loan or REO Mortgage Loan.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.