Fuel and Loss definition

Fuel and Loss means Gas actually consumed in the operation of the System and any Gas lost incident to the operations of the System. Fuel and Loss will be allocated to each Point(s) of Receipt based on the service level specific to such Point(s) of Receipt and pro-rata to the Gas quantity measured at such Point(s) of Receipt divided by total System receipts receiving the same service level. Gatherer will use reasonable efforts to minimize fuel use and loss. Shipper will have the right to audit Gatherer’s fuel consumption and losses and the allocation thereof.
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Fuel and Loss means the gas volumes and/or Electrical Power used or consumed in the operation of the Gathering System, which shall include, but shall in no way be limited to, (i) fuel or Electrical Power used for dehydration, compression, conditioning, blending, treating, or recompression, (ii) gas needed for line pack, (iii) gas vented during operations, (iv) lost and unaccounted for gas, and (v) any Liquefiable Hydrocarbons that become separated from the gas while the gas is in the Gathering System.
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Fuel and Loss means that portion of AEP’s Gas consumed in the operation of DBM’s field equipment and pipeline assets, and any Gas used, lost or unaccounted for incident to the operation of DBM’s System, including, but not limited to, Gas released through relief valves, ruptured or leaking pipelines or equipment, blowdowns, and drips.
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Examples of Fuel and Loss in a sentence

  • The Delivery Nomination must be equal to the Receipt Nomination, less Fuel and Loss.

  • Subject to the terms of this Agreement, Shipper dedicates and will deliver the Dedicated Production to the System and Gatherer will receive, accept, gather, and redeliver Dedicated Production at the Point(s) of Delivery less applicable Fuel and Loss.

  • The quantities of Dedicated Production redelivered at a Point(s) of Delivery will be Thermally Equivalent to the quantities of Dedicated Production received at a Point(s) of Receipt less Fuel and Loss.

  • Shipper will reimburse Gatherer for its share of the Fuel and Loss at the tailgate of the Fort ▇▇▇▇▇▇ Plant or as otherwise agreed to by the parties.

  • The difference between the quantity of gas removed and the quantity of gas redelivered shall be included in the calculation of the Measured Treating Fuel and Loss.

  • The quantities of Gas delivered pursuant to this Agreement at a Point of Delivery shall be Thermally Equivalent to the quantities of Gas received at a Point of Receipt, as adjusted for Fuel and Loss.

  • When the actual quantity of Gas received at a Receipt Point, less Fuel and Loss, is less than the confirmed Delivery Nomination, the excess quantity of Gas is hereinafter referred to as “Excess Deliveries”.

  • Producer shall reimburse Gatherer for the reasonable and Actual Costs of installing such additional equipment and the actual fuel and loss associated with the additional Treating shall be included in the calculation of the Measured Treating Fuel and Loss.

  • During the Term of this Agreement, DBM agrees to receive, gather, compress and deliver, less Fuel and Loss, AEP’s share of all Gas made available at the Point(s) of Receipt hereunder, subject to the nomination and confirmation procedures set forth in Section 3.2 hereof.

  • When the actual quantity of Gas received at a Receipt Point, less Fuel and Loss, exceeds the confirmed Delivery Nomination, the excess quantity of Gas is hereinafter referred to as “Excess Receipts”.


More Definitions of Fuel and Loss

Fuel and Loss means the gas volumes used or consumed in the operation of the Gathering System, which shall include, but shall in no way be limited to, (i) gas used as fuel for dehydration, compression, conditioning, blending, treating, or recompression, (ii) gas needed for line pack, (iii) gas vented during operations, (iv) lost and unaccounted for gas, and (v) any Liquefiable Hydrocarbons that become separated from the gas while the gas is in the Gathering System. PORTIONS OF THIS EXHIBIT DENOTED WITH THREE ASTERISKS (***) HAVE BEEN OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT
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Fuel and Loss means Gas actually consumed or allocated in the operation of the System and any Gas lost or unaccounted for incident to the operations of the System.
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Fuel and Loss means the actual gas volumes used or consumed in the operation of the Individual Pipeline System, which shall include, but shall in no way be limited to, (i) gas used as fuel for dehydration, compression, conditioning, blending, treating, or recompression, (ii) gas vented during operations, (iii) lost and unaccounted for gas, and (iv) any Liquefiable Hydrocarbons that become separated from the gas while the gas is in the Individual Pipeline System unless otherwise allocated to the Producer pursuant to a measurement, allocation or other similar agreement.
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Related to Fuel and Loss

  • Total Fund Operating Expenses with respect to a Fund is defined to include all expenses necessary or appropriate for the operation of the Fund including the Adviser’s investment advisory or management fee under the Advisory Agreement and other expenses described in the Advisory Agreement that the Fund is responsible for and have not been assumed by the Adviser, but excludes front-end or contingent deferred loads, taxes, leverage expenses, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any.

  • Ultimate Net Loss as used herein is defined as the sum or sums (including loss in excess of policy limits, extra contractual obligations and loss adjustment expense, as hereinafter defined) paid or payable by the Company in settlement of claims and in satisfaction of judgments rendered on account of such claims, after deduction of all salvage, all recoveries and all claims on inuring insurance or reinsurance, whether collectible or not. Nothing herein shall be construed to mean that losses under this Contract are not recoverable until the Company's ultimate net loss has been ascertained.

  • Stipulated Loss Value is the value of each unit of Hardware at various times during the Lease as specified in the applicable Schedule; however, in no event will the Stipulated Loss Value of a Hardware unit exceed its fair market value.

  • Final Shared-Loss Recovery Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows: