Line History definition
Examples of Line History in a sentence
In the event that the Committed Expanded Capacity is not fully utilized by Expansion Shippers, that capacity shall be made available to accommodate nominations by New Shippers and Regular Shippers based on their Line History.
Line History will not be generated by actual shipments made by New Shippers or Regular Shippers in the Committed Expanded Capacity.
To the extent nominations exceed the amount of Committed Capacity that is not fully utilized by Expansion Shippers, Carrier shall allocate the capacity pro rata among nominating shippers based on the lesser of each shipper’s Line History or its actual nomination.
See, for instance, The ▇▇▇▇▇▇ Line: History, Consequences and Future, Report of a conference organized in July 2007 by the American Institute of Afghanistan Studies and the Hollings Center in Istanbul, Turkey.
If, for any month, more Product is nominated to Carrier than can be transported by Carrier, then Carrier shall apportion the nominations received among shippers as follows: (i) up to 25,000 barrels per cycle of Available Capacity shall be allocated to each New Shipper; (ii) the remaining Available Capacity shall be allocated among Regular Shippers pro rata based on the lesser of each Regular Shipper’s Line History or its actual nomination.