Examples of Contract Shippers in a sentence
For the purposes of this Item No. 80, new Shippers are defined as those Shippers that are not Contract Shippers and that, along with any Affiliates thereof, have not transported volumes during historical periods.
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.
Carrier has only received requests for service from the Latham, CO origin point from Contract Shippers.
If Nominations from Expansion Capacity Contract Shippers for the month is less than their Committed Volume, the Expansion Capacity Contract Shipper will be allocated only the amount of its Nomination, still subject to the quarterly deficiency obligation as determined with their TSA.
Nominations from Expansion Capacity Contract Shippers up to the level of their Committed Volume in the Expansion Capacity will not be subject to prorationing under normal operating circumstances.
In such event transportation furnished by Pipeline Operator to Contract Shipper(s) shall be apportioned among Contract Shipper(s) on an equitable basis.
Capacity will next be allocated to Shippers other than new Shippers, including Contract Shippers that do not qualify for Anchor Shipper Firm Service and those Shippers that have transported volumes during a historical period.
Contract Shippers who fail to meet their Monthly Volume requirements in a month will be subject to provisions with respect to their ability to make up those volumes in subsequent months and their corresponding payment obligations all as set forth in the TSAs.
Carrier will determine whether or not the nominations and tenders of Contract Shippers satisfy the Contract Volume.
Capacity will be allocated first to those Contract Shippers with Anchor Shipper Firm Service status with an individual Contract Shipper’s entitlement based on the Shipper’s Contract Volume applicable to the allocation period.