Gathering Rate definition

Gathering Rate means the particular rate for gathering services listed under the column “Gathering Rate” in the applicable Fee Schedule attached hereto as Attachment A.
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Gathering Rate has the meaning given such term on Exhibit E.
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Gathering Rate is defined in APPENDIX “A”.
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Examples of Gathering Rate in a sentence

  • Each month during the Term, Shipper shall pay to Gatherer an amount (the “Gathering Fee”) equal to the product obtained by multiplying (a) all volumes of Dedicated Gas, in MMBtu, delivered by Shipper to Gatherer at the Receipt Points, less all volumes of Dedicated Gas delivered to the Reinjection Points during the relevant month, by (b) the Gathering Rate for such month.

  • The credit to the Volume Shortfall will be calculated by multiplying the Excess Delivered Volume (in MMBtu’s) by a fraction, the numerator of which is the then-current Gathering Rate under this Agreement and the denominator of which is the then-current Gathering Rate under the Prior Agreement.

  • The credit to be applied will be calculated by multiplying the CA Excess (in MMBtu’s) by a fraction, the numerator if which is the then-current Gathering Rate under the Prior Agreement and the denominator of which is the then-current Gathering Rate under this Agreement.

  • If the parties do not negotiate, or negotiate but fail to agree to a new Line AE-13 Gathering Rate for any reason, this Section 6.5 shall continue in full force and effect according to its terms.

  • The Gathering Rate adjustments will remain until the monthly average pressure is at or below the Pressure Obligation.

  • The LP Rich Gathering Rate shall be redetermined annually, effective on January 1st, by DBM to generate the IRR Calculation the (“Annual Rate Redetermination”).

  • If the published price described herein is $1.10 or lower, the Gathering Rate shall be fixed at $0.10 per Receipt Point MMBtu for that given Month.

  • The monthly Gathering payment to be paid by Shipper shall be determined by multiplying the MMBtu’s allocated at the Receipt Point(s) by the applicable Gathering Rate for Non Low Btu Gas; and by multiplying the Mcf’s allocated at the Receipt Point(s) by the applicable Gathering Rate for Low Btu Gas.

  • During such periods, Shipper shall be temporarily released from its MDQ obligation and shall not be obligated to pay the Gathering Rate except for Shipper’s Gas and/or Low Btu Gas actually Gathered during such periods.

  • The Gathering Rate hereunder shall be comprised of (A) a commodity rate based on average daily volumes, and (B) monthly demand charges based on the number of compression sites and number of compressors.


More Definitions of Gathering Rate

Gathering Rate means (i) until the date on which the aggregate amount of the Monthly Payments that Shippers have paid to Gatherer under Article 9, Section 1 of this Agreement equals or exceeds the Aggregate Dollar Commitment, $0.2575 per MMBtu and (ii) thereafter, $0.05 per MMBtu.
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Gathering Rate. LOW BTU GAS:
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Related to Gathering Rate

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • Gathering lines means any pipeline, equipment, facility, or building used in the transportation of oil or gas during oil or gas production or gathering operations.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • 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.

  • Receipt Point(s) means the receipt points set forth in Section 6 of this Toll Schedule.