Alternate Period definition
Examples of Alternate Period in a sentence
Pursuant to Section 30 of the General Terms and Conditions of Transporters Tariff, Shipper may elect to retain its capacity at the expiration of this Agreement for a Period 2B term of 15 years, for a total Alternate Period Two term of 25 years.
Shipper has elected an Alternate Period 2A term of 10 years, beginning November 1, 2020 and ending October 31, 2030.
The rate for Tiered Period 2B was higher than the Alternate Period Two rate.
The rates for Tiered Period 2A were lower than the Alternate Period Two rate.
Pursuant to Section 30 of the General Terms and Conditions of Transporters Tariff, Shipper may elect to retain its capacity at the expiration of this Agreement for a Period 2B term of 10 years, for a total Alternate Period Two term of 25 years.
Those electing the Alternate Period Two rates had the option of an initial term of 10 or 15 years with the option to extend to 25 years.
Shipper has elected an Alternate Period 2A term of 10 years, beginning April 1, 2020 and ending September 30, 2026.
Shipper has acquired its capacity via a permanent release from NCA #2, who elected an Alternate Period 2A term of 15 years, beginning October 1, 2016 and ending September 30, 2031.