Base Gas definition

Base Gas means the gas required in the storage reservoir necessary to provide the pressure to cycle the working storage volumes, as set forth in the Service Agreement.
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Base Gas means the gas required in the storage reservoir necessary to provide the
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Base Gas means all gas under this Agreement.”
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Examples of Base Gas in a sentence

  • The Company will not amend or modify (a) the Base Gas Lease in any material respect or (b) any PG&E Contract in any manner that could reasonably be expected to have a Material Adverse Effect.

  • As between them, the party in control and possession of the NJRES Base Gas shall bear all risk of loss with respect to all or any portion of such gas and be responsible for any damage or injury caused thereby while the NJRES Base Gas is in CNYOG's possession and control.

  • The applicable Gas Sales Price for Base Gas and Swing Gas, respectively, during each Contract Year are as follows.

  • This Letter of Credit may be drawn upon an Event of Default under the Second Amendment to Base Gas Purchase Agreement dated July , 2003 between FirstEnergy Solutions Corp.

  • As an alternative to the foregoing, by mutual agreement of the parties, NJRES may sell such NJRES Base Gas to CNYOG at a price to be negotiated.

  • If, on any Day, Seller fails to deliver Base Gas nominated by Buyer for any reason other than force majeure or pursuant to Section 7.2, Seller shall indemnify Buyer against all incremental costs and expenses reasonably incurred by Buyer to obtain Replacement Fuel, all Unrecovered Transportation Demand Charges, and all Buyer’s Pipeline Penalties imposed by Buyer’s Transporters as a result of Seller’s failure to deliver, calculated at Buyer’s Plant, (the “Indemnity Amount”).

  • Customer shall retain title to such base gas at all times and shall be entitled to withdraw such contribution of Base Gas upon the expiration of Customer's contract term.

  • Since the Balance Sheet Date, the Acquired Companies have not sold or purchased any Base Gas.

  • Notwithstanding anything herein to the contrary, the Base Gas Sales Agreement and the Operation and Maintenance Agreement, as in effect on the date hereof, are each hereby ratified and approved by the Partners.

  • Base Gas Price = NYMEX (New York Mercantile Exchange) Last Day Settle Plus $0.255 per Dth (Dekatherm) of contract volume.


More Definitions of Base Gas

Base Gas means the gas required in the storage reservoir necessary to provide the pressure to cycle the working storage volumes.
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Base Gas means gas owned by the Acquired Companies and utilized in the Business.
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Base Gas includes, without limitation: (1) all Gas sold and purchased hereunder on a Firm basis at an agreed Delivery Rate; (2) all Gas sold and purchased hereunder on an Interruptible basis; and (3) such other Gas as the Parties may mutually agree in writing.
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Base Gas is defined in Section 2.3(A).
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Base Gas means the gas required in the storage reservoir
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Related to Base Gas

  • Residue Gas means the residue remaining after raw gas has been subjected to any or all of the following permissible processes:

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Delivery Point(s) means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Gross gallons means an amount of motor fuel measured in gallons, exclusive of any temperature,

  • Greenhouse gas means carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride.