Examples of Committed Volumes in a sentence
If any Shipper fails to tender volumes (excluding any Committed Volumes and Make-Up Volumes) during the Month equal to one hundred percent (100%) of its Binding Nomination for that month, that Shipper shall pay to the Carrier, in the aggregate, the tariff charge for one hundred percent (100%) of the Binding Nomination.
In the event Gatherer curtails some, but not all, such Crude Oil in a particular month, Gatherer shall allocate the available System Capacity among Priority Shippers on a pro rata basis based on the proportion of a Priority Shipper’s Committed Volume to the total aggregate Committed Volumes of all Priority Shippers then, but in no event to exceed each Priority Shipper’s nominated amount.
Subject to Item 7(E) below, to the extent any additional capacity exists up to the total Committed Volumes of all Priority Shippers, Gatherer shall allocate such additional capacity based upon the average delivered volumes for Priority Service of each Priority Shipper for the twelve (12) Month period ending two months prior to the month in which such curtailment is to be effective, but in no event to exceed each Priority Shipper’s nominated amount, unless such period is stated otherwise in a COGA.
Each Contract Shipper will be allocated the lesser of its Nominated Committed Volume or its actual Nomination for the month; however, if capacity were to be reduced, Contract Shippers’ allocations would be reduced in proportion to their respective Committed Volumes.
If services are offered directly to a child, the Trust will ensure that the privacy notice is written in a clear, plain manner that the child will understand.