Incremental Barrels definition

Incremental Barrels means any portion of a Committed Shipper’s Nomination (or Tender) that exceeds the Committed Shipper’s Monthly Volume Commitment.

Incremental Barrels means the Barrels of Product that a Committed Shipper nominates and tenders for shipment on the Pipeline in a Month that exceed the Committed Shipper’s Monthly Volume Commitment.

Incremental Barrels means any portion of a Committed Shipper’s Nomination (or Tender) thatexceeds the Committed Shipper’s Monthly Volume Commitment.

Examples of Incremental Barrels in a sentence

• Because the Committed Rates (as well as the Uncommitted Rates with respect to VC Shippers’ Incremental Barrels) to be paid by Shipper for the volumes of Crude Petroleum transported by Carrier will be determined based upon the specific TGSA and the specific TGSA Shipper for which Shipper is transporting Crude Petroleum pursuant to Section 19.1 of the TGSA, it will be necessary for Shipper to separately identify to Carrier each month the volumes of Crude Petroleum by TGSA and TGSA Shipper.

• The Committed Rates, as defined in the TGSA, as well as the Uncommitted Rates (as defined in the TGSA with respect to VC Shippers’ Incremental Barrels) applicable to volumes of Crude Petroleum shipped by a TGSA Shipper, and that will apply to Shipper for those volumes that it ships as a Third Party Shipper with respect to the applicable TGSA Shipper, are set forth in Exhibit C of the TGSA, as such rates may be changed from time to time by Carrier pursuant to Article VIII of the TGSA.

• If a Committed Shipper Nominates Incremental Barrels, such Incremental Barrels shall be allocated under Rule 34(F) below.

• Any Incremental Capacity not allocated through the application of Items 6(C) or 6(D) will be allocated first among all 2018 TSA Committed Shippers that Nominated Incremental Barrels up to the remaining unmet Nominations of such 2018 TSA Committed Shippers.

• Any remaining Base Pipeline Capacity not allocated through the application of Items 7(C) or 7(D) shall be allocated first among all Committed Shippers that nominated Incremental Barrels, with each Committed Shipper receiving the lower of its remaining unmet Nomination or its Proportionate Share of the Incremental Capacity.

• Any such 2018 TSA Committed Shippers that ship Incremental Barrels pursuant to the third sentence of this Item 6(E) shall be charged the Uncommitted Rate for shipment of such Incremental Barrels.

• Any credits not used during the first twelve months of Phase III will expire.27The TSA allows the committed shipper to nominate volumes in excess of its monthly volume commitment (Incremental Barrels) for transportation.

• Any remaining Expansion Capacity not allocated through the application of Items 7(C) or 7(D) shall be allocated first among all Expansion Committed Shippers that nominated Expansion Incremental Barrels, with each Expansion Committed Shipper receiving the lower of its remaining unmet Nomination or its Expansion Proportionate Share of the Expansion Incremental Capacity.

• Black vinyl-coated chain link fencing shall be installed prior to the issuance of a Certificate of Occupancy.

• Any remaining capacity not allocated through the application of Paragraphs 6(C) and 6(D) and this additional allocation to 2018 TSA Committed Shippers’ Incremental Barrels shall be allocated first, pro rata, among all Committed Shippers having remaining unmet Nominations.

More Definitions of Incremental Barrels

Incremental Barrels means the Barrels of Crude Petroleum that a Committed Shipper nominates and tenders for shipment in a month that exceed its Committed Volume.

Incremental Barrels means the Barrels of Product that a 2018 TSA Committed Shipper Nominates and Tenders for shipment on the System in a Month that exceed such 2018 TSA Committed Shipper’s Minimum Volume Commitment.

Incremental Barrels means the Barrels of Crude Oil that Shipper nominates and tenders for shipment on the Base Pipeline in a month that exceed Shipper’s Monthly Volume Commitment.

Incremental Barrels means any portion of a Committed Shipper’s Nomination (or Tender) that either (i) exceeds the Committed Shipper’s Monthly Volume Commitment, or (ii) for which the Committed Shipper is not allocated capacity under Item Nos. 90-A(C)(i) and 90- A(C)(ii).

Incremental Barrels means any portion of an Anchor Firm Shipper’s nomination for shipment on the Carrier Facilities in a proration month that exceeds its allocation of capacity after the application of the Allocation Method set forth below in Section C.

Incremental Barrels means (i) the Flexible-Service Barrels that a Committed Shipper Nominates for shipment in a Proration Month but which the Committed Shipper is not allocated capacity for under Item No. 100(C)(ii)(2)(b), plus (ii) any portion of a Committed Shipper’s Nomination that exceeds the Committed Shipper’s Monthly Volume Commitment.