Firm Shipper definition

Firm Shipper means a shipper that enters into a Transportation Service Agreement and is eligible to receive Firm Service.
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Firm Shipper means a Committed Shipper that, pursuant to the terms of its TSA, has elected to pay the applicable Firm Rate for a particular Proration Month(s) in exchange for Committed Firm Service for quantities up to the Committed Volume or Shipper MDQ, as applicable.
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Firm Shipper means a shipper that elects to enter into a Commitment Agreement with Carrier for firm capacity (i.e. pipeline capacity that is only subject to proration in the event of force majeure or any operational disruption) in connection with an open season for Additional Capacity.
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Examples of Firm Shipper in a sentence

  • Notwithstanding Article 11.2, if Transporter permits a Firm Shipper to revise Shipper’s Nomination under this Article 11.3 then the sum of (1) such revised Shipper’s Nomination, (2) Fuel Requirement, and (3) U.S. Fuel Requirement shall become Shipper’s Authorized Volume.

  • The simulations were conducted using the scalar supercomputers, which consist of CPUs of Intel XeonE5-4650v2 2.40 GHz and memory of 8 TB, at the Institute of Fluid Science, Tohoku University, Japan.

  • The shipment history for each Committed Firm Shipper during each month of the Base Period shall be calculated as the greater of (i) Deliveries, or (ii) Committed Volume or Shipper MDQ, as applicable.

  • The NOE mixing time (tNOE) and recycle delay were 1 and 3 s, respectively.

  • Shipper shall pay Owner each month in accordance with the terms of this Agreement for Terminal Services provided by Owner an amount equal to the product of (a) the Firm Shipper Coal, stated in tons, delivered by Shipper at the Receipt Point during such month multiplied by (b) $4.00 per net ton (the “Terminal Fee”), and, if applicable, all Additional Storage Fees, Coal Re-Handling Fees and Vessel Fees incurred during such month.

  • Firm Shipper Coal shall be entitled to service with the highest available priority call on capacity of all or any relevant portion of the Terminal, which is not subject to interruption or curtailment except as a result of force majeure (such service, “Priority Service”).

  • Otherwise, any Make-Up Volumes above the TSA Committed Capacity as well as Committed Firm Shipper volumes in excess of Committed Volumes (other than the Make-Up Volumes) (collectively, “Committed Firm Shipper’s Excess Volumes”), shall be treated as volumes nominated by a Regular Shipper, as described in Rule 31(d) below.

  • The 'Firm Shipper Capacities' are the DRCRs for each shipper, as set out in Schedule VII to the TAA, as updated from time to time in accordance with clause 10.8 (which included a provision for the amendment of Schedule VII no more frequently than quarterly).

  • After the first five (5) years of the Primary Term, if capacity is available, a Dedicated Firm Shipper will be permitted to adjust its Committed Volume upward based upon 120% of Shipper’s deliveries of Barrels of Crude Oil to the System averaged for the immediate prior calendar year, provided that the aggregate Committed Volumes of Committed Shippers cannot exceed ninety percent (90%) of the normal operating capacity of the Pipeline (“Ninety Percent Cap”).

  • If Monarch receives a request from a single Dedicated Firm Shipper, and such request would result in Monarch exceeding the Ninety Percent Cap, Monarch will allocate the requested volume to the single Dedicated Firm Shipper up to the level that reaches the Ninety Percent Cap.


More Definitions of Firm Shipper

Firm Shipper means a shipper that elects to enter into a TSA with Carrier for firm capacity (i.e. pipeline capacity that is only subject to proration in the event of force majeure or any operational disruption) in connection with the open season that commenced in July 2019 or an open season for Additional Capacity.
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Firm Shipper means a Shipper with Priority Access Capacity to the extent such Shipper tenders Oil Products in amounts not greater than such Shipper's Priority Access Capacity.
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Firm Shipper means any shipper with a fully-executed TSA for Tier 1 firm pipeline capacity (i.e., pipeline capacity that is only subject to proration in the event of force majeure or other operational disruption).
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Firm Shipper means a shipper that elects to enter into a TSA with Carrier for firm capacity (i.e., pipeline capacity that is only subject to proration in the event of force majeure or any operational disruption) in connection with an open season for Additional Capacity. [N] “Firm Daily Volume Commitment” shall mean the portion of a Firm Shipper’s Daily Volume Commitment which is subject to firm service as set forth in its TSA.
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Related to Firm Shipper

  • Firm Service means from published tariffs and/or contracts under which Seller is expressly obligated to deliver specific volumes within a given time period and which anticipates no interruptions but which may permit unexpected interruption in case the supply to higher priority customers is threatened.

  • Firm Shares has the meaning given to it in the first paragraph of this Agreement;

  • cargo ship means any ship which is not a passenger ship;

  • Shipper means the party who contracts with Carrier for the transportation of Crude Petroleum under the terms of this tariff.

  • New Shipper means a Shipper that is not a Regular Shipper.

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Producers means the agents, general agents, sub-agents, brokers, wholesale brokers, independent contractors, consultants, affinity groups, insurance solicitors, producers or other Persons who sell the Insurance Contracts.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.

  • Dock means a fixed or floating structure extending from land out over water, including access walkways, terminal platforms, catwalks, mooring pilings, lifts, davits, and other associated water-dependent structures, used for mooring and accessing vessels.

  • Firm Securities means the number or amount of Securities that the several Underwriters are initially committed to purchase under the Underwriting Agreement (which may be expressed as a percentage of an aggregate number or amount of Securities to be purchased by the Underwriters, as in the case of a standby Underwriting Agreement). “Additional Securities” means the Securities, if any, that the several Underwriters have an option to purchase under the Underwriting Agreement to cover over-allotments. The number, amount, or percentage of Firm Securities set forth opposite each Underwriter’s name in the Underwriting Agreement plus any additional Firm Securities which such Underwriter has made a commitment to purchase, irrespective of whether such Underwriter actually purchases or sells such number, amount, or percentage of Securities under the Underwriting Agreement or Article XI hereof, is hereinafter referred to as the “Original Underwriting Obligation” of such Underwriter, and the ratio which such Original Underwriting Obligation bears to the total of all Firm Securities set forth in the Underwriting Agreement (or, in the case of a standby Underwriting Agreement, to 100%) is hereinafter referred to as the “Underwriting Percentage” of such Underwriter. For the avoidance of doubt, each Underwriter acknowledges and agrees that, for all purposes under this Agreement and otherwise (including, to the extent applicable, for purposes of Section 11(e) under the U.S. Securities Act of 1933 (the “1933 Act”)), each Underwriter’s Underwriting Percentage of the total number, amount, or percentage of Securities offered and sold in the Offering (including any Additional Securities), and only such number, amount, or percentage, constitutes the securities underwritten by such Underwriter and distributed to investors.1 References herein to laws, statutory and regulatory sections, rules, regulations, forms, and interpretive materials will be deemed to include any successor provisions.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

  • Drop shipment means the sale of a prescription drug to a

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • Underwriters means the underwriters named in Schedule A to the Underwriting Agreement.

  • O&M Contractor means the person, if any, with whom the Concessionaire has entered into an O&M Contract for discharging O&M obligations for and on behalf of the Concessionaire;

  • Producer means any broker, insurance producer, agent, general agent, managing general agent, master broker agency, broker general agency, financial specialist, or other Person, including any employee of the Ceding Company or its Affiliates, responsible for writing, marketing, producing, selling, or soliciting Novation Subject Contracts.

  • LNG means liquefied natural gas.

  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.

  • Delivery Day means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and demands by giving notice of the change in the manner provided in this provision.

  • Shippers means the party or parties who agrees with Carrier for transportation of Petroleum.

  • Delivery Site means the places specified in the Delivery Schedule for the purpose of Delivery or Installation of the Supplies and Services, or any other places nominated by the Engineer and notified in writing to the Contractor;