Incentive Shipper definition

Incentive Shipper means a Shipper that enters in to a TSA with a T&D Obligation to ship an aggregate amount of Barrels of Natural Gas Liquids, including Barrels shipped under Carrier’s current TXRRC tariff series No 1, that will result in an aggregate fee equal to or greater than $42MM / year for a one (1) year term, beginning on or before November 1 of the current year. The program expires October 31 of the subsequent year.

Incentive Shipper means a Shipper with which Carrier has executed a Throughput and Deficiency Agreement for transportation service on all or part of the System.

Incentive Shipper means a Shipper that is a party to a [W] Transportation Services Agreement Throughput and Deficiency Agreement.

Examples of Incentive Shipper in a sentence

• The Volume Incentive Rates identified in Item No. 170 and the terms set forth in this Section III will apply to qualifying shipments of a Volume Incentive Shipper in accordance with such Volume Incentive Shipper’s Minimum Volume Commitment.

• A Shipper that is not an Incentive Shipper or Dedicated Shipper shall pay the applicable Uncommitted Rate set out in Section I of this Tariff.

• Notwithstanding Item 85, a tender of Propane to Carrier by an Incentive Shipper shall not be subject to prorationing pursuant to Carrier’s Proration Policy except (1) when an event of Force Majeure triggers the application of Subsection (C) below, or (2) when otherwise required by applicable law.

• Each individual Historical Shipper’s entitlement will be based on (i) the average monthly volumes of the Historical Shipper’s Representative Period, based on the greater of the volumes transported or paid for during each month of the Representative Period or (ii) for an Incentive Shipper, based on the Incentive Shipper’s Committed Volume on a yearly basis.

• A shipper who has executed a TSA that has a Committed Volume shall be referred to herein as an “Incentive Shipper.” As provided in its TSA, an Incentive Shipper shall be entitled to the applicable Incentive Rate set out in Section I of this Tariff.

More Definitions of Incentive Shipper

Incentive Shipper means a Shipper that is a party to a TSA with a T&D Obligation.

Incentive Shipper means a Shipper that is a party to a Throughput and Deficiency Agreement.

Incentive Shipper means a Shipper that is a party to a TSA.

Incentive Shipper means any Shipper who has executed a transportation agreement that has a

Incentive Shipper means a party to an Agreement for an Incentive Rate.

Incentive Shipper has the meaning set out in Item No. 21 of this Tariff.

Incentive Shipper means a Shipper that has executed a TSA containing either (i) a Plant Dedication, or (ii) a Volume Commitment.