Foundation Shipper definition

Foundation Shipper means a Shipper holding one or more FTS Agreements utilized to support the initial certification of the System which were entered into prior to the Commencement Date, hereinafter shall be referred to as “Foundation Shipper” or “Shipper”; provided that, unless otherwise mutually agreed by TIGER and the Foundation Shipper, such Shipper must hold in the aggregate at least 900,000 Dth/d of firm capacity for a minimum term of fifteen (15) years under such FTS Agreements as of the Commencement Date.
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Foundation Shipper means the Foundation Shipper in relation to the Pipeline or its direct or indirect assignee or novatee under the Gas Transportation Agreement between the Foundation Shipper and the Service Provider in existence prior to the date of this agreement.
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Foundation Shipper. C A firm gas transportation service on DDP 90 provided pursuant to a Gas Transportation Agreement with Foundation Shipper C, including any such service acquired by a Foundation Trade Shipper through a Foundation Trade (DDP 90-2 Foundation Firm Services). In the event of insufficient available Capacity in the DDP 90 Pipeline to meet all DDP 90-2 Foundation Firm Services contracted by the Service Providers, the Service Providers will Curtail the quantities of Gas to be transported on account of the Shipper and all other shippers entitled to DDP 90-2 Foundation Firm Services (DDP 90-2 Shippers), and such Curtailment will be apportioned on a pro-rata basis according to the proportion that each DDP 90-2 Shipper’s Operational MDQ (to the extent related to DDP 90-2 Foundation Firm Services) is as a percentage of all Operational MDQ for DDP 90-2 Foundation Firm Services under all Gas Transportation Agreements at the relevant Receipt and/or Delivery Point, as applicable. 2 Firm Haulage Services (other than Foundation Firm Services) A gas transportation service on DDP 90 that gives the highest level assurance (subject to the services described at priorities 1 and 2) that the Shipper will be able to transport Gas, subject to Curtailment, including any such service acquired by a Secondary Shipper through an Exchange Trade or Bilateral Trade. In the event of insufficient available Capacity in the DDP 90 Pipeline to meet all Firm Haulage Services (other than 3 3440-4547-1244 Gas Transportation Agreement (DDP) 75 Service Priority number
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Examples of Foundation Shipper in a sentence

  • If, at any time prior to the expiration of a period of three years immediately following the Commencement Date, there are two or more pending competing bids for available firm capacity that are of equal value, and any of these bids are submitted by a Foundation Shipper for evaluation under this paragraph, then TIGER shall award the subject capacity to the bidders which submitted such equal value bids, including the Foundation Shipper, on a pro rata basis.

  • Exhibit A of the Foundation Shipper precedent agreements contains contractual incentives for the shippers to request that Atlantic undertake an expansion of its system at any time between the in-service date of the initial pipeline project and the fourth anniversary of such date.183 Foundation and Anchor Shippers will have a one-time option to elect to contract for an additional quantity up to one-third of their MDTQs, for a new 20-year term, in the first expansion of the pipeline.

  • Atlantic also provides, in Exhibit A, Part 4 of the Foundation Shipper precedent agreements, that Foundation Shippers have the right to request that Atlantic consider undertaking a second expansion either (1) at the time of Customer’s election of Optional Quantities or (2) after the date of a Commission order concerning the expansion that creates the capacity to transport the Optional Quantities and during the primary term of its Service Agreement.

  • Atlantic states that at such time as the Foundation Shipper requests a second expansion, Atlantic shall determine the scope, design, and estimated costs and rates (calculated pursuant to the cost-of-service methodology described in Exhibit C) of the second expansion project.125.

  • Foundation Shipper shall also be entitled to receive, in accordance with the provisions of FEP's Tariff, a credit for its pro rata share, based on the Contract MDQ of all shippers during the relevant period, of any penalty revenues collected by FEP which negotiated rate shippers are permitted to receive under then-applicable FERC policy and the provisions of FEP's Tariff.

  • Each Foundation Shipper shall receive a share of the IT revenue for any month which is prorated based on each Foundation Shipper's effective Contract MDQ during such month.

  • Another important aspect of the USI patter is that, as it performs double authentication of the user (at the data source and destination), it does not face identifier matching issues, leaving to the data consumer the effort of verifying that the evidence does effectively belong to the authenticated user.

  • Each Foundation Shipper and Anchor Shipper shall receive a share of the IT revenue for any month which is prorated based on each Foundation Shipper's and Anchor Shipper's effective Contract MDQ in Zone 1 or Zone 2, as applicable, during such month.

  • Shipper, as a Foundation Shipper (as defined in the Tariff), shall be entitled to participate in an interruptible transportation service ("IT") revenue crediting mechanism (exclusive of authorized overrun service ("AOS") and any interruptible service revenues other than MEP's Rate Schedule IT revenues) under which all Foundation Shippers (including Shipper) and Anchor Shippers (as defined in the Tariff) will receive a portion of MEP's net IT revenue for Zone 1 and/or Zone 2, as applicable.

  • Notwithstanding anything written to the contrary herein, a Foundation Shipper may have preferential rights as set forth in the FS Intrastate Confirmation(s) between such Foundation Shipper and Transporter.


More Definitions of Foundation Shipper

Foundation Shipper means a shipper that meets the requirements to be a Foundation Shipper set forth in Adelphia’s Open Season Notice as specified in Section 4(a)(ii).
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Foundation Shipper means a Shipper holding one or more Service Agreement(s) and/or Confirmation(s) for transportation of intrastate gas that were utilized to support the initial construction of a pipeline described therein (the “New Pipeline”) and which were entered into prior to the initial in-service date of the New Pipeline (the “FS Intrastate Confirmation(s)”). Such Shipper must hold in the aggregate a certain percentage of the Firm capacity of the New Pipeline for a minimum term as specified under such FS Intrastate Confirmation(s) as of the in-service date of the New Pipeline.
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Foundation Shipper on the terms set forth in this Precedent Agreement; and WHEREAS, subject to the terms and conditions of this Precedent Agreement, Pipeline is willing to develop the Project and to provide the firm transportation service Customer desires.
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Foundation Shipper means a Shipper holding one or more FTS Agreements utilized to support the initial certification of the System which were entered into prior to the Commencement Date; provided that, unless otherwise mutually agreed by MEP and the Foundation Shipper, such Shipper must hold in the aggregate at least 500,000 Dth/d of firm capacity in Zone 1 and at least 300,000 Dth/d of firm capacity in Zone 2 for a minimum term of 10 years under such FTS Agreements.
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Foundation Shipper on the terms set forth in this Precedent Agreement; and
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Foundation Shipper means a Shipper who satisfies the criteria specified in Section 6.1 of this Precedent Agreement.
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Related to Foundation Shipper

  • Foundation means the North Dakota economic development foundation.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Hot water means water at a temperature of 110°F. or higher.

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

  • Potable water means water which meets the requirements of 35 Ill. Adm. Code 604 for drinking, culinary, and domestic purposes.

  • the Caxton Foundation means the charitable trust of that name established on 28th March 2011 out of funds provided by the Secretary of State for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with its provisions;

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Terminal operator means a person who owns, operates, or otherwise controls a terminal.

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

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Rig means the vessel described in Recital (A) hereto and includes any share or interest therein and her engines, machinery, boats, tackle, outfit, spare gear, fuel, consumable or other stores, belongings and appurtenances whether on board or ashore and whether now owned or hereafter acquired (but excluding therefrom any leased equipment owned by third parties);

  • Fresh water means water, such as tap water, that has not been previously used in a process operation or, if the water has been recycled from a process operation, it has been treated and meets the effluent guidelines for chromium wastewater.

  • Water Surface Elevation (WSE means the height, in relation to NAVD 1988, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

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

  • Ballast water means water with its suspended matter taken on board a ship to control trim, list, draught, stability or stresses of the ship.

  • Fossil fuel-fired means the combustion of fossil fuel or any derivative of fossil fuel, alone or in combination with any other fuel, independent of the percentage of fossil fuel consumed in any calendar year (expressed in mmBtu).

  • DRIVER / OPERATOR means an individual possessing sound mental and physical health who must be in possession of an appropriate professional Driving License and

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

  • Gatherer As defined in the preamble of this Agreement.

  • CO2 means carbon dioxide.

  • Surface water means all water which is open to the atmosphere and subject to surface runoff.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • LNG means liquefied natural gas.

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

  • Storage operator means a person holding or applying for a permit.

  • Dedicated Transport means CenturyLink transmission facilities between Wire Centers or switches owned by CenturyLink, or between Wire Centers or switches owned by CenturyLink and switches owned by CLEC, including, but not limited to, DS1, DS3, and OCn-capacity level services, as well as Dark Fiber, dedicated to a particular End User Customer or carrier.