Anchor Shippers definition

Anchor Shippers for each System means the parties listed in Exhibit 1.3 each such party’s successors, and each party that is assigned all or part of a Voting Percentage as permitted in this Agreement.
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Anchor Shippers means the Shipper(s) that signed a Firm Gas Transportation Agreement before the publication of the Announcement to support the development of the Project, who are directly awarded Capacity with no need to submit a Bid.
Sample 1

Examples of Anchor Shippers in a sentence

  • Atlantic has provided its Foundation and Anchor Shippers with a contractual right to extend their initial 20-year primary term contracts by additional five-year extension periods, which may be exercised up to four times per Article III.A of the precedent agreements.

  • When a matter requiring Shipper Supermajority Approval is approved by Shipper Supermajority Approval, the matter is binding on all Anchor Shippers.

  • The firm transportation agreement with Atlantic includes a provision addressing extension rights, and if extended, MDTQ reduction rights that DETI states mirror the rights Atlantic provided to its own Foundation and Anchor Shippers.

  • Gatherer will not amend any gathering agreement with any Anchor Shipper covering the Dedicated Area without written consent of all Anchor Shippers on the Systems affected by the Amendment unless the amendment is expressly provided for in this Agreement, including, without limitation, amendments approved upon Shipper Supermajority Approval.

  • Exhibit A of the Foundation Shipper precedent agreements contains contractual incentives for the shippers to request that Atlantic undertake an expansion of its system at any time between the in-service date of the initial pipeline project and the fourth anniversary of such date.183 Foundation and Anchor Shippers will have a one-time option to elect to contract for an additional quantity up to one-third of their MDTQs, for a new 20-year term, in the first expansion of the pipeline.

  • In the event the CPI Index ceases to be published without a designated replacement index, the Anchor Shippers (by Shipper Supermajority Approval) and Gatherer will mutually agree to an alternative price index reasonably similar to the CPI Index.

  • If Gatherer receives notice from any Anchor Shipper of an assignment of Voting Percentage, Gatherer will update Exhibit 1.3 and send the updated Exhibit to Anchor Shippers.

  • Atlantic has also agreed, in Exhibit B of the applicable precedent agreements, upon the rate methodology to be used in calculating charges for the optional capacity to be charged to the Foundation and Anchor Shippers for the requested optional incremental expansion service.

  • Upon expiration of the Primary Term, Gatherer and Anchor Shippers will attempt to agree on a new fixed Gathering Fee during the Extended Term.

  • Any redetermination of Gathering Fees under this section 4, including any resolution of any dispute over redetermination resolved pursuant to Section 18, shall result in all Anchor Shippers being subject to the same schedule of Gathering Fees for Dedicated Production during the term of this Agreement.

Related to Anchor Shippers

  • Shippers means the party or parties who agrees with Carrier for transportation of Petroleum.

  • Operators means the Access Provider and the Access Seeker collectively.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Shipper means the party who contracts with Carrier for the transportation of Crude Petroleum under the terms of this tariff.

  • LNG means liquefied natural gas.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • Transporter(s) means all Gas gathering or pipeline companies, or local distribution companies, acting in the capacity of a transporter, transporting Gas for Seller or Buyer upstream or downstream, respectively, of the Delivery Point pursuant to a particular transaction.

  • Producers means the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

  • ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.

  • Gatherer As defined in the preamble of this Agreement.

  • Loading means the quantity of a specific substance present per unit of surface area, such as the amount of lead in micrograms contained in the dust collected from a certain surface area divided by the surface area in square feet or square meters.

  • tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • New Shipper means a Shipper that is not a Regular Shipper.

  • passenger ship means a ship which carries more than 12 passengers;

  • Berth means the berth to be constructed in the new inner harbour including the supporting structure for the shiploader, to be constructed by the Company pursuant to Clause 4(2)(a) hereof and includes the land approaches and ancillary equipment thereto;

  • Tug or “Tugs”: shall mean the tugboats provided or arranged by XXXXX to perform the requested services.

  • Storage operator means a person holding or applying for a permit.

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • Terminals means the Terminals set forth on Schedule A attached hereto.

  • Dock means a fixed or floating structure extending from land out over water, including access walkways, terminal platforms, catwalks, mooring pilings, lifts, davits, and other associated water-dependent structures, used for mooring and accessing vessels.

  • rail carrier ’ means a person providing common carrier railroad transportation for compensation, but does not include street, suburban, or interurban electric railways not operated as part of the general system of rail transportation;

  • DRIVER / OPERATOR means an individual possessing sound mental and physical health who must be in possession of an appropriate professional Driving License and

  • Interconnector means a transmission line which crosses or spans a border between Member States for the purpose of connecting the national transmission system of those Member States or a transmission line between a Member State and a third country up to the territory of the Member States or the territorial sea of that Member State;

  • Loading Zone means a parking stall which is set aside for use by commercial vehicles if there is a sign referable to that stall marked ‘Loading Zone’;

  • Stations means the Owned Stations and the Contract Stations.

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.