Examples of Committed Firm Service in a sentence
For avoidance of doubt, the Committed Firm Service Rate shall apply to Shipper’s Committed Volume even if the Committed Volume is reduced below the minimum Committed Volume due to Temporary and/or Permanent Releases or Pre-In-Service Barrels.
Any Committed Firm Service Rate shall be greater than any Uncommitted Rate.
Carrier shall have the right to interrupt Receipts and Deliveries of Shipper’s Crude Petroleum, including the right to curtail Receipts and Deliveries under Committed Firm Service pursuant to the terms of the TSAs, (i) for scheduled or unscheduled repairs, maintenance, modifications or improvements to the Joint Tariff Facilities, and/or (ii) by reason of a force majeure event.
The Committed Firm Service Rate paid by Committed Firm Shippers shall be a negotiated rate that is greater than the rate paid by Uncommitted Shippers (the “Uncommitted Rate”).
Within two (2) business days thereafter, each Committed Shipper that wishes to elect Committed Firm Service for such Proration Month must submit a revised Nomination that specifies the quantity so elected, not to exceed the Committed Volume or Shipper MDQ, as applicable.
The rate for Committed Firm Capacity shall be the Committed Firm Service Rate set forth in the Rates Tariff and the TSA.
The volume elected by Committed Shippers to receive Committed Firm Service in accordance with Rule 27, up to each Committed Shipper’s Committed Volume or Shipper MDQ, as applicable, is exempt from the prorationing procedures set forth in this Rule 31 (“Exempt Volumes”).
Failure to submit a revised Nomination within two(2) business days will forfeit the Committed Shipper’s right to elect Committed Firm Service for such Proration Month; provided, however, that, in the event of a mid-month capacity interruption pursuant to Rule 31(i), such two (2) business day period shall run from the date Carrier provides notice to Committed Shippers of such capacity interruption and its impact on previously-approved Nominations.
Carrier shall have the right to interrupt Receipts and Deliveries of Shipper’s Crude Petroleum, including the right to curtail Receipts and Deliveries under [N] Committed Firm Service pursuant to the terms of the TSAs, (i) for scheduled or unscheduled repairs, maintenance, modifications or improvements to the Joint Tariff Facilities, and/or(ii) by reason of a force majeure event.
Dakota Connection is offering Committed Firm Service applicable to the additional Origination Points.