New Shipper definition

New Shipper means a Shipper that is not a Regular Shipper.

New Shipper means a Shipper that is not a Regular Shipper or a Volume Discount Shipper. Unless the New Shipper becomes a Volume Discount Shipper by signing a (i) VIP Pipeage Contract in accordance with Item 150 (Take or Pay Volume Incentive Programs), or (ii) new facilities volume commitment agreement pursuant to Item 155 (New Facilities Commitment Programs), a New Shipper shall remain a New Shipper for twelve (12) consecutive months, with such twelve-consecutive-month period commencing during the first month that Shipper Tenders Ethylene for shipment on the Pipeline System. At the end of this twelve-consecutive-month-period, a New Shipper becomes a Regular Shipper.

New Shipper means any Shipper that is not a Regular Shipper.

Examples of New Shipper in a sentence

• The resulting percentage shall be the initial New Shipper Proration factor.

• Commodities nominated by a New Shipper during periods of proration not caused by unusual market conditions will be allocated pipeline capacity as follows: If less than four (4) new shippers have submitted nominations for the affected facility or segment, each shipper will be allocated the lesser of either two and one-half percent (2.5%) of available capacity or their nominated volume.

• In the event that more the four (4) new shippers have submitted nominations for the affected facility or segment, the nominated volumes for each New Shipper shall be totaled and divided into ten percent (10%) of the available pipeline capacity.

• Each New Shipper will be allocated pipeline segment or facility capacity equal to the lesser of: (a) (2.5%) of available capacity, (b) its nominated volumes, (c) its nominated volumes multiplied by the initial New Shipper proration factor.

• A New Shipper that submits a New Shipper Nomination for a Cycle when a Segment is in prorationing under this Item 31.

More Definitions of New Shipper

New Shipper means any Shipper who is not a Regular Shipper or a Committed Shipper.

New Shipper means a Shipper that has not delivered Crude Petroleum to any Destination on the Pipeline Segment to be prorationed within the Base Period. A Shipper that becomes a New Shipper shall remain one for the following 12 consecutive months.

New Shipper means an Uncommitted Shipper that is not a Regular Shipper.

New Shipper means (1) a Shipper which does not qualify as a Regular Shipper but does satisfy the shipping requirements of West Shore’s Rules and Regulations Tariff. At the end of 14 consecutive calendar months from the beginning of the first month in which a New Shipper begins using any segment or facility of the Carrier’s pipeline system (whether prorated or not), it will become a Regular Shipper and the actual volumes delivered for its account over the pipeline segment or facility being prorated will become the basis for pipeline capacity allocation in the same manner as for other Regular Shippers. Or (2) a Shipper who has not shipped any volumes in the prorated segment or facility or any volumes in any non-prorated month during the base period.

New Shipper means any Shipper that does not qualify as a Regular Shipper.

New Shipper means, for purposes of prorationing in Rule 31, any Shipper who does not qualify as a Committed Firm Shipper or Regular Shipper.

New Shipper means a Shipper that, with respect to the volumes in question, is not a Committed Shipper, as defined in Rule 1, and has not had Product transported to any Delivery Point on the Pipeline Segment to be prorated, during each Month of the Base Period.