Deficiency Payment has the meaning set forth in Section 9(a).
Deficiency Payment means the payment due by a VC Shipper to Carrier, in accordance with VC Shipper’s TGSA, for such Committed Shipper’s Monthly Deficient Barrels.
Deficiency Payment shall have the meaning specified in Section 5.01(e) hereof.
Examples of Deficiency Payment in a sentence
Subject to Sections 4.3, 5.5, 5.6, 8.2, 8.3(a), 13.5 and 14.4(b), from and after the Commencement Date and for each Month during the Service Term Shipper shall be required to pay to Carrier its applicable Deficiency Payment for all Shortfall Volumes occurring in any Requested Service Haul during each such Month.
More Definitions of Deficiency Payment
Deficiency Payment means payments to be made by a Committed Shipper as determined in accordance with Article 7 of the TSA.
Deficiency Payment means a payment to be made by a Volume Commitment Shipper, as determined in accordance with a Volume Commitment TSA.
Deficiency Payment means payments to be made by a Committed Shipper as determined in accordance with a TSA.
Deficiency Payment means the sum payable by member organizations to the Fund in accordance with article 26 (a) of the Regulations of the Fund;
Deficiency Payment means the payment due by a VC Shipper or Committed Shipper to Carrier, in accordance with the Shipper's Transportation Services Agreement, for such Shipper's Monthly Deficient Barrels.
Deficiency Payment means the payment by SHIPPER for a shortfall during any Month in meeting the Minimum Monthly Volume Requirement, which payment shall be calculated based upon the Actual Shipments during such Month and shall be equal to the product of:
Deficiency Payment means the payment due by a Committed Shipper, in accordance with the Committed Shipper’s TSA, for such Committed Shipper’s Monthly Deficient Barrels.