Negotiated Rates definition

Negotiated Rates means a rate provision under which Transporter and Shipper have agreed, pursuant to GT&C Section 40, on the amount to be charged for the service under Rate Schedule FT-1, FT-2, FT-3, PSH or IT-1 which results in a rate (including but not limited to Transporter Use Gas) where, for all or a portion of the contract term, one or more of the individual components of such rate exceeds or may exceed the applicable maximum rate or is less than or may be less than the applicable minimum rate (including but not limited to in the form of surcharges, credits, refunds or return of credits or refunds).

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Negotiated Rates means that when the Term is due to end , and the Customer can provide proof of cheaper renewal rates, D-ENERGi can, if the market allows, offer a price match. If Negotiated rates are accepted, a new

Negotiated Rates means the rates the Contractor negotiated with a Provider pursuant to Section A.3.d.(1), Section A.3.i, Section A.4.d(1) or Section A.4.j below, as applicable, that are lower than the State Mandated Rates.

Examples of Negotiated Rates in a sentence

• Negotiated Rates may extend the term of this Agreement under terms acceptable to Transporter.

• The Negotiated Rates for Zone 1 and Zone 2: (i) service provided to Shipper by MEP from the Eligible Receipt Points to the Eligible Delivery Points during the Negotiated Rate Term; and (ii) an aggregate maximum daily firm transportation quantity equal to the Eligible Firm Transportation Quantity set forth in Article 1.3 above, for all quantities transported on a firm basis under the Transportation Agreement.

• The Negotiated Rates for capacity in Zone 1 and Zone 2 shall apply to service provided on a firm basis to all secondary delivery points within the zones of the primary path utilized in Zone 1 and Zone 2 including pooling points in those zones.

• In such event, MRT shall notify Customer in writing of the requirement to pay maximum tariff rates and, if the maximum tariff rates are greater than the Negotiated Rates under such transaction, Customer shall have no more than thirty (30) days from the date of such notification to give notice in writing of termination of the applicable Agreement, with such termination to be effective no later than the end of the month following the month in which such termination notice is received.

• The Negotiated Rates for capacity shall apply to service provided on a firm basis from all secondary receipt points within the primary path utilized for service hereunder, including pooling points.

• The Negotiated Rates for capacity shall apply to service provided on a firm basis from all secondary receipt points within the zones of the primary path utilized for service hereunder, including pooling points.

• If this Exhibit B covers a Negotiated Rate transaction, and MRT is unable to collect Negotiated Rates due to a change in Commission policy or rejection of the transaction by the Commission prior to or during the term of such transaction, then, unless the parties agree otherwise, Customer shall pay the maximum tariff rate for the services.

• Negotiated Rates, once finally determined, shall remain fixed during the entire term of the Firm Transportation Service Agreement.

• The Negotiated Rates for Zone 1 and Zone 2 and the Leased Capacity Charge shall apply to service provided to Shipper by MEP from the Eligible Receipt Points to the Eligible Delivery Points during the Negotiated Rate Term; and (ii) an aggregate maximum daily firm transportation quantity equal to the Eligible Firm Transportation Quantity set forth in Article 1.3 above, for all quantities transported on a firm basis under the Transportation Agreement.

• In the event Shipper and Transporter agree to a negotiated rate and specified term for service hereunder, provisions governing such negotiated rate and term shall be applicable, and shall be as specified in the written negotiated rate agreement between Shipper and Transporter and/or reflected on an appropriate Statement of Negotiated Rates filed as part of Transporter's Tariff.

More Definitions of Negotiated Rates

Negotiated Rates means the rates the Contractor negotiated with a Provider pursuant to Section A.4.d.(1), Section A.4.i, Section A.5.d(1) or Section A.5.j below, as applicable, that are lower than the State Mandated Rates.

Negotiated Rates during the primary term for the transportation service provided shall be those rates agreed upon as set forth in Attachment A hereto, as adjusted pursuant to Paragraph 3 if applicable and Section 4 of the Service Agreement, if applicable. The Negotiated Rates during any extensions shall be those as set forth in Paragraph 7. In addition to the Negotiated Rates, Shipper shall provide the Retainage applicable to Rate Schedule FTS-1, as such may change from time to time. In addition to the other rates and charges, Shipper shall pay any and all demand and commodity surcharges specified in Transporter’s FERC Gas Tariff that are applicable to service under Rate Schedule FTS-1 as such may change from time to time.