Firm Basis definition

Firm Basis shall also incorporate the concept of “no notice service” which means the delivery and redelivery of Natural gas on an instantaneous or as-soon-as-reasonable basis without the need to provide any minimum amount of advance notice or to specify the quantity of gas to be delivered and redelivered.
Firm Basis means the highest level of Gathering and Processing services then offered by Processor on Processor’s Pipeline System or at the Plant where Processor may interrupt its performance without liability only to the extent such performance is prevented by reasons of Force Majeure or any other agreed upon event.
Firm Basis means that injections and withdrawals of Working Gas into or out of the Storage Facility during the term of the applicable Confirmation shall not be subject to interruption, curtailment or suspension by Operator for any reason, except as may be excused in accordance with the declaration of a Force Majeure event (as herein defined), and that Operator is obligated to inject, store and withdraw the quantity of Gas nominated by Owner for injection or withdrawal by Operator at the applicable Receipt Point(s) or Delivery Point(s).

Examples of Firm Basis in a sentence

  • The Only Firm Basis of Human Rights.’” Paper for an Experimental Session of the American Academy of Religion, 1992 National Meeting.

  • The services provided by the Operator pertain to Natural Gas Transmission Services on an Firm Basis and Natural Gas Transmission Services on an Interruptible Basis, Services of Access to the Virtual Trading Point and other services, related to the ones mentioned above, pursuant to the specific provisions of the Network Code.

  • This transportation service shall be on a Firm Basis and shall pertain to transportation between the Point(s) of Receipt and the Point(s) of Delivery.

  • Then, using special logic to handle the clearing of Redirects on a Firm Basis, the Auction Clearing Engine will identify requests and will screen all redirect bids to verify that the capacity available to redirect on the RelatedRef TSR is sufficient over time to support the MW capacity bid.The start and stop times of the new reservation must be contained within the start and stop times of the original reservation.

  • A Redirect request on a Firm Basis shall be treated as a new service request for service in accordance with Section 17 of BC Hydro’s OATT and the pricing validation outlined in Section 4 of this Business Practice.


More Definitions of Firm Basis

Firm Basis means 100% utilization by Company of Contractor’s services and/or equipment, or any lesser amount as may be mutually agreed by the Parties.
Firm Basis means that injections and withdrawals of Product into or out of the Storage Xxxxx during the term of this Agreement shall not be subject to interruption, curtailment or suspension by Seller for any reason other than Force Majeure and as otherwise provided in this Agreement.
Firm Basis means the obligation of Seller to deliver and Buyer to receive Gas within the MDFQ at the Delivery Point(s), as Scheduled by Buyer or Fuel Manager, without interruption for any reason, except to the extent permitted hereunder.
Firm Basis and “Firm Transportation Service” means that, with respect to any Transportation Service, Shipper shall deliver such Gas to Transporter and Transporter shall receive at the Receipt Point and transport an Equivalent Quantity to the Delivery Point without interruption, suspension or curtailment, in quantities up to the MDQ, except as provided under the Terms and Conditions.
Firm Basis means the highest level of Gathering and Processing services then offered by Processor on Processor’s Pipeline System or at the Plant where Processor may interrupt its performance without liability only to the extent such performance is prevented by reasons of Force Majeure or any other agreed upon event. The term “Firm Basis” shall also incorporate the concept of “no notice service” which means the delivery and redelivery of Natural gas on an instantaneous or as-soon-as-reasonable basis without the need to provide any minimum amount of advance notice or to specify the quantity of gas to be delivered and redelivered.
Firm Basis means that Tuesday Pipeline agrees to transport all Water, up to 100,000 barrels per day, delivered during the term of the Agreement from the Point(s) of Receipt to the Point(s) of Delivery, except for reasons of Force Majeure.
Firm Basis means that Tuesday Pipeline agrees to transport all Brine, up to 100,000 barrels per day, delivered during the term of the Agreement from the Point(s) of Receipt to the Point(s) of Delivery, except for reasons of Force Majeure.