Examples of Contract Shipper in a sentence
A Contract Shipper must notify Carrier in writing of any Designated Shipper that will be shipping on Contract Shipper’s behalf.
A Contract Shipper must notify the Carrier in writing of any Designated Shipper that will be shipping on Contract Shipper’s behalf.
The contract rate is available to all shippers signing an agreement with a minimum term of five years for the transportation of a minimum volume of 20,000,000 barrels of Crude Petroleum (“Contract Shipper”), and to any designated shipper of a Contract Shipper (“Designated Shipper”).
The contract tariff rate is available to all shippers signing a Throughput and Deficiency Agreement for the transportation of a minimum volume of 20,000,000 barrels during the Initial Term of seven years (“Contract Shipper 2”), and to any designated shipper of a Contract Shipper (“Designated Shipper 2”).
The contract tariff rate is available to all shippers signing a Connection Agreement for the transportation of a minimum volume of 25,000,000 barrels during the Initial Term of ten years (“Contract Shipper 3”), and to any designated shipper of a Contract Shipper (“Designated Shipper 3”).
Except as otherwise provided in a Contract, Shipper shall not be responsible for any payments on that curtailed portion of Monthly Nomination.
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.
The Committed Rates are contract rates available to any Shipper who executes an Acreage Dedication Agreement on or after February 1, 2018 with a term of ten years and a minimum dedication of 100,000 acres (“Contract Shipper”) and to any designated shipper of a Contract Shipper (“Designated Shipper”).
The Committed Rate is a contract rate available to any Shipper who executes an agreement with the Carrier with a minimum term of one year and a commitment to ship a minimum volume of 35,000 barrels per day and to any designated shipper of a Contract Shipper (“Designated Shipper”).
Each Contract Shipper shall first be allocated its Nomination, up to its Contract Volume, provided that if the sum of all Nominations by Contract Shippers exceeds the currently available capacity, the allocated volumes of such Contract Shippers will be reduced pro rata based on the ratio of their respective Contract Volumes.