Gathering Services Fee definition
Examples of Gathering Services Fee in a sentence
In addition to the Gathering Services Fee, the Owner shall pay to Gatherer a Collection Facilities fee ("Collection Facilities Fee") in consideration of the funding obligations of Gatherer under Article VI of this Agreement.
If the total volume of Gas from the North Kitty Area purchased by Buyer under the Gas Purchase Agreement and gathered by Gatherer hereunder equals thirty (30) Bcf by January 1, 2003 or fifty (50) Bcf by January 1, 2005 then the Gathering Services Fee shall be reduced by $0.025 per MMBtu for volumes delivered thereafter.
The Gathering Services Fee for Gathering Services performed by Gatherer for that portion of the Owner's Daily Deliverability from that portion of the Reserve Commitment Area specified on Exhibit A as the North Kitty area (the "North Kitty Area") shall be $0.47 per MMBtu for Owner's quantity of Gas as measured at the Measurement Points(s), plus actual fuel and shrink; provided however total fuel and shrink from the Receipt Point through delivery into the Maverick Facilities shall not exceed 7%.
The Gathering Services Fee for Gathering Services performed by Gatherer for that portion of the Owner's Daily Deliverability from that portion of the Reserve Commitment Area specified on Exhibit A as the South Kitty area (the "South Kitty Area") shall be $0.61 per MMBtu for Owner's quantity of Gas as measured at the Measurement Point(s), plus actual fuel and shrink; provided however total fuel and shrink from the Receipt Point through delivery into the Maverick Facilities shall not exceed 7%.
The initial gathering services fee ("Gathering Services Fee") for Gathering Services shall be $0.50 per Mcf, plus actual fuel and shrinkage, for Owner's quantity of gas as measured at the Measurement Points(s).