Deemed Volume Commitment definition

Deemed Volume Commitment means the amount of Priority capacity that an Acreage Dedication Shipper shall be entitled to receive, on a Barrel-per-day basis, during the term of such Acreage Dedication Shipper’s TGSA.

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Deemed Volume Commitment means, for purposes of administering Carrier’s prorationing policy in this tariff and determining the Committed Rates applicable to a Committed Shipper, the amount of Priority capacity (expressed in Barrels per day) that a Committed Shipper shall be entitled to receive on the System during the term of such Committed Shipper’s COGA.

Deemed Volume Commitment means the volume of Product, if any, set forth in Exhibit B of a Committed Shipper’s COGA that a Committed Shipper will be deemed to have shipped during each month of such Committed Shippers COGA.

Examples of Deemed Volume Commitment in a sentence

• Shipper qualifies as a Priority Shipper and as such, Carrier agrees to have available Pipeline Capacity to receive and transport one hundred percent (100%) of Shipper’s Deemed Volume Commitment.

• Notwithstanding the foregoing, to the extent Shipper’s Deemed Volume Commitment is reduced pursuant to this Agreement, Shipper may withdraw a percentage of the Raw Make it has tendered as linefill equal to the percentage that Shipper’s Deemed Volume Commitment has been reduced.

• Carrier shall enter into no other transportation arrangements with Third Party Shippers that would prevent Carrier from transporting Shipper’s Deemed Volume Commitment.

• In the event that Carrier provides transportation services to any Third Party Shipper and Carrier receives more Nominations in a Month for transportation of Raw Make on Carrier’s Pipeline System than Carrier is able to transport, then consistent with the Tariff, Carrier shall allocate to Shipper the lesser of Shipper’s Nomination for the Proration Month or its Deemed Volume Commitment.

• Additionally, Shipper shall have the right, but not the obligation, to tender at the Origin Points all Raw Make owned and/or controlled, from time to time, by Shipper or its Affiliates or their respective successors and assigns that is not recovered or extracted from Gas produced from, or otherwise attributable to, the Subject Interests, up to Shipper’s Deemed Volume Commitment.

More Definitions of Deemed Volume Commitment

Deemed Volume Commitment means the amount of capacity that an Acreage Dedication Shipper or a Plant Dedication Shipper shall be entitled to receive, on a Barrel-per-Day basis, during the term of such Acreage Dedication Shipper's or Plant Dedication Shipper's Transportation Services Agreement.

Deemed Volume Commitment means, for purposes of administering Carrier’s prorationing policy in this tariff and determining the Committed Rates applicable to an Acreage Dedication Shipper, the amount of Priority capacity (expressed in Barrels per day) that an Acreage Dedication Shipper shall be entitled to receive on the System during the term of such Acreage Dedication Shipper’s TSA.

Deemed Volume Commitment means, for purposes of administering Carrier’s proration policy under this tariff, the amount of Priority capacity (expressed in Barrels per day) that an Acreage

Deemed Volume Commitment means, for purposes of administering Carrier’s proration policy under this tariff, the amount of Priority capacity (expressed in Barrels per day) that an Acreage Dedication Shipper shall be entitled to receive on the System during the term of such Acreage Dedication Shipper’s GSA.

Deemed Volume Commitment means, for purposes of administering Gatherer’s proration policy under the Tariff, the amount of Priority capacity (expressed in Barrels per day) that a Committed Producer shall be entitled to receive on the System during the term of such Committed Producer’s COGA.

Deemed Volume Commitment shall have the meaning given to such term in the Tariff.

Deemed Volume Commitment means the amount of capacity that a Priority Shipper shall be entitled to receive, on a Barrel-per-Day basis, during the term of such Priority Shipper’s Transportation Services Agreement.