Exit Allocation definition

Exit Allocation means any allocation of a Quantity of Natural Gas made by IUK pursuant to an Exit Nomination in accordance with Section D of the IUK Access Code;

Exit Allocation means the quantity of Natural Gas that is allocated to a Shipper in accordance with the provisions of Part D (Nominations, Allocations and NDM Supply Point Reconciliation) Section 2.7 or Part D Section 2.8 as having been offtaken from the Transportation System by a Shipper on a Day;

Exit Allocation means any allocation of a Quantity of Natural Gas made by Interconnector pursuant to an Exit Nomination in accordance with Section D of the Interconnector Access Code;

Examples of Exit Allocation in a sentence

• Scheduling Charge = (SD – STQ) x (5% x Daily Gas Price) where:SD = difference between the Shipper’s Final Exit Allocation and its prevailing ExitNominated Quantity at the end of the Gas Day in respect of a given Exit Point.

• Where Premier Transmission determines that a correction is required as a result of such query, it may amend the relevant Initial IP Entry Allocation, Initial VRF IP Exit Allocation, Final IP Entry Allocation or VRF IP Exit Allocation accordingly prior to D+5.

• Where the Transporter determines that a correction is required as a result of such query, it may amend the relevant Initial IP Entry Allocation, Initial Non-IP Entry Allocation, Initial VRF IP Exit Allocation, Final IP Entry Allocation, Final Non-IP Entry Allocation or VRF IP Exit Allocation accordingly prior to D+5.

• Where the Transporter determines that a correction is required as a result of such query, it may amend the relevant Initial IP Entry Allocation, Initial VRF IP Exit Allocation, Final IP Entry Allocation or VRF IP Exit Allocation accordingly prior to D+5.

• The aggregate NDM Exit Allocation (i.e., actual top down NDM demand) for a Day shall be apportioned between Shippers by the Transporter by means of scaling the bottom up estimated NDM demand made in accordance with this procedure.

• NGG Shippers or their agent shall provide to NGG Exit Allocation Statements and NGG shall provide details of quantities determined as UDQOs to Users in each case in accordance with the terms of the Moffat Ancillary Agreement.

• The quantity for which the User is treated as transferring title and risk to gas in the NI Gas Transmission Network as a result of this provision shall be determined as the quantity which is the difference between its final BDQD and its final DN Exit Allocation.

• If a passage contains more than one idea or point (perhaps it’s longer passage), summarize them all.

• For the purpose of this Section 1.7.3 the proportion of the Shipper’s Final CSEP Exit Allocation which is derived from the Net Metered Quantity (Exit) shall be the same as the proportion which the Net Metered Quantity (Exit) bears to the aggregate CSEP Exit Allocations at the CSEP in respect of the Day.A Shipper shall not have any Exit Tolerance with respect to a IPVExitP.

• The Transporter shall make available to Shippers the Final Exit Allocation in respect of a Shipper's LDM Offtake(s), DM Offtake(s) and/or NDM Supply Point(s) atby 16:00 hours on D+5.

More Definitions of Exit Allocation

Exit Allocation means the quantity of Natural Gas that is allocated to a Shipper in accordance with the provisions of Section 2.7 or 2.8 as having been offtaken from the Transportation System by a Shipper on a Day;

Exit Allocation means the quantity of gas allocated to a Network User by a TSO at an Exit Point in respect of the Gas Day.