Expansion Shipper definition

Expansion Shipper means a Shipper that has committed to transporting, or paying for the transportation of, certain specified volumes of Crude Petroleum pursuant to the terms of a 2019 TSA.
Expansion Shipper has the meaning provided in Article 8.7(a).
Expansion Shipper a shipper that has, in response to the Bengal 2008 Open Season committed to transporting, or paying a deficiency fee in lieu thereof, certain specified volumes of Product on the Expanded Capacity pursuant to the terms of an executed throughput and deficiency agreement with Carrier.

Examples of Expansion Shipper in a sentence

  • If more than one such Expansion Shipper is willing to assume Shipper’s Volume Commitment on the terms and conditions specified in this Agreement, Bengal shall allocate the Volume Commitment among such Expansion Shippers ratably.

  • The PGT capacity costs for core subscription will be set at a weighted average (based on the available capacity) of the FTS-1 "Noncore" and the FTS-1 "Expansion Shipper" reservation rates, as specified in PGT's FERC-approved tariffs.


More Definitions of Expansion Shipper

Expansion Shipper reservation rates, as specified in PGT's FERC-approved tariffs. Core subscription revenues above the core subscription's proportionate share of the core portfolio's PGT capacity costs will be returned to core customers served from the portfolio.
Expansion Shipper has the meaning specified in Schedule B. “Expiry Date” has the meaning specified in Section 4.1.