Diluent Pipeline definition
Examples of Diluent Pipeline in a sentence
Carrier shall have the right, in its sole discretion, to expand the capacity of the Diluent Pipeline at any time or from time to time.
All additional capital costs incurred by Carrier in respect of the Diluent Pipeline on an ongoing basis in addition to the Capital Costs will be capitalized and included in the Rate Base (the “Miscellaneous Capital Costs”), including without limitation, those maintenance and repair expenditures that are attributable to and capitalized as the replacement of equipment or plant, as allowed under the Oil Pipeline Uniform Accounting Regulations under the National Energy Board Act.
Draft Phase I Archaeological Reconnaissance Survey for the Enbridge Alberta Clipper Petroleum and Southern Lights Diluent Pipeline Expansion, Leech Lake Reservation and Chippewa National Forest, Cass, Hubbard, and Itasca Counties, Minnesota.
Subject to Section 6.06 hereof, ▇▇▇▇▇▇▇ agrees that each day from the Shipper Commencement Date through the end of the Term, it shall ship on the Diluent Pipeline, or otherwise pay for the shipment of, at least the Committed Volume.
Regardless of whether or not Shipper makes Actual Shipments on the Diluent Pipeline, Shipper shall provide its share of Retention Stock as required by the Rules Tariff.
The obligation of Shipper to make Monthly Deficiency Payments under this Agreement shall be proportionately reduced to the extent that any event of Carrier Force Majeure or Carrier Default prevents all or a portion of the Services to Shipper or to the extent any event of force majeure or breach or default by Southern Lights U.S. prevents all or a portion of the services on the Southern Lights U.S. Diluent Pipeline to Shipper or its Affiliate.
For the purposes of this Article 6, the term “Monthly Deficiency Quantity” shall mean the amount by which the product of (a) the Committed Volume, multiplied by (b) the number of days in any given Month, exceeds the applicable Actual Shipments by Shipper on the Diluent Pipeline during the same Month.
In such event, all incremental revenues and operating and capital costs relating to the expansion of the Diluent Pipeline shall be excluded from the total revenues and costs described in Sections 14(b) and (c) of Schedule B.
Shipper shall pay tolls for all volumes of Diluent transported by Shipper on the Diluent Pipeline, in accordance with the Toll Schedules and the Rules Tariff, which shall, to the extent permitted by Applicable Law, conform to the Toll Principles set forth in Schedule B and this Article 5.