Examples of Loaned Quantities in a sentence
In the event that Xxxxxxx wishes to move Parked Quantities or Loaned Quantities from one Parking or Loan Point to another Parking or Loan Point on Transporters system, Shipper shall be responsible for arranging such transportation in accordance with the provisions of an appropriate Rate Schedule and the General Terms and Conditions of Transporter's Tariff.
Any confiscated Parked Quantities in excess of those used to offset Loaned Quantities that are deemed sold will be refunded to customers through Transporter’s fuel reimbursement factor pursuant to Section 14.12 of the General Terms and Conditions that goes into effect April 1 of each year.
SERVICE RESTRICTIONS AND PENALTIES (Continued) 5.3 Revenue received by Transporter resulting from the deemed sale of Loaned Quantities will be used by Transporter to purchase gas to replace the gas deemed sold to the Shipper, after first taking into account any offsetting confiscated Parked Quantities that have not been reflected in Transporter’s fuel reimbursement factor.
Transporter’s notification will indicate the time within which specified Parked Quantities shall be removed by Shipper and/or specified Loaned Quantities shall be returned to Transporter, consistent with Transporter’s operating conditions.
Grama will reflect such charges to Customer on Customer’s next Monthly bill and Customer’s Loaned Quantities with respect to the relevant Transaction will be decreased accordingly.
The Lending Service shall not be made available in the future to any Shipper or Other Shipper who has failed to deliver the entire Loaned Quantities or pay the actual losses or damages incurred by Shipper or Other Shippers who provided the Loaned Quantities.
Pursuant to the above-stated provisions of this Section 14.3, Customer shall pay to Grama an amount equal to the Extended Loaning Charge related to the Loaned Quantities that Customer has failed to return to Grama after the end of the Transaction Period.
It was noted that at the forum meeting held the previous day, that the number of actions in key areas were reduced from 20 down to five.
Pursuant to the above-stated provisions of this Section 14.3, at Grama’s sole option, Grama shall charge Customer for a Quantity of Gas thermally equivalent to the Loaned Quantities at a price per MMBtu equal to one hundred twenty-five percent (125%) of the Monthly Reference Price for the current Month during which such transaction (i.e., assessment of charges) takes place.
Shipper shall use reasonable endeavours to ensure that the Loaned Quantities are delivered at the end of the Lend Term and it is determined to be reasonable to reverse nominate to Terminal as mechanism to repay the Loaned Quantities.