Examples of Initial Nomination in a sentence
If the Shipper does not make an Initial Nomination complying with clause 8.6 or an Advance Nomination complying with clause 8.18 for a Gas Day for Capacity at an Inlet Point or at an Outlet Point, then the Shipper's Daily Nomination for that Gas Day for the Inlet Point or the Outlet Point (as the case may be) is taken as equal to the Shipper's Daily Nomination for the previous Gas Day at that Inlet Point or Outlet Point (as the case may be).
A volume equal to (a) for a Regular Shipper, 80% of its Initial Nomination or its Initial Nomination less 25,000 barrels, whichever is less; provided that the Calculated Minimum Nomination of a Regular Shipper that does not submit an Initial Nomination will be 0, and (b) for a New Shipper, 80% of its New Shipper Nomination.
No more than two (2) athletes in each event will be nominated on the Initial Nomination Date.
In doing so, the Initial Nomination may be made by indicating the gas quantity to be injected or withdrawn, respectively, in total for the respective gas day (“Quantity of a Gas Day”) or may be itemized by hourly gas quantities (“Quantity of an Hour”).
The nomination message (NOMINT) regarding an Initial Nomination or a re- nomination shall contain the following data:• the quantities of a gas day or an hour to be injected or withdrawn specified with the energy unit kilowatt hour (kWh),• the validity period, • the gas transfer point and • the denomination of the contract including the shipper code.
VGS shall confirm the proper receipt of an Initial Nomination message or re- nomination message by sending a confirmation of receipt (APERAK).Should no such confirmation be received, the nomination shall be considered not received.
A volume equal to (a) for a Regular Shipper, 80% of its Initial Nomination or its Initial Nomination less 25,000 barrels, w hichever is less; provided that the Calculated Minimum Nomination of a Regular Shipper that does not submit an Initial Nomination w ill be 0, and (b) for a New Shipper, 80% of its New Shipper Nomination.
The WTI Differential may be established in volumes of 100,000 Barrels up to the full volumes listed in the Initial Nomination (as amended from time to time) relating to the Nominated Volumes that would be processed or sold for the Consumption Month.
TRC shall indemnify MSCG for any costs, expenses or other losses that MSCG incurs as a result of any amendment to an Initial Nomination requested by TRC or any other adjustment to the Nominated Volumes (other than a substitution or other change to the Nominated Volumes requested by MSCG); provided that MSCG shall use commercially reasonable efforts to mitigate such costs, expenses or losses.
In the absence of notification from MSCG to TRC within one Business Day of MSCG’s receipt of any Initial Nomination, and subject to the Parties mutual agreement to certain FOB Grade Differentials as described in Section 8.2.2, the Parties shall be deemed to have agreed to the sale by MSCG to TRC of the Nominated Volumes specified in such Initial Nomination.