Examples of Pipeline Segment in a sentence
For the purposes of this Section 3.6, during the Term, if any Pipeline Segment is in allocation for any portion of a month, such Pipeline Segment will be considered to be in allocation for the entirety of such month.
At such time as MPL is capable of transporting volumes equal to the full applicable Quarterly Throughput Commitment on such Pipeline Segment, MPC’s obligation to ship the full applicable Quarterly Throughput Commitment shall be restored.
In the event MPC’s economic considerations justify incurring additional costs to restore such Pipeline Segment in a more expedited manner than the time schedule determined in accordance with the preceding sentence, MPC may require MPL to expedite the restoration to the extent commercially reasonable, subject to MPC’s payment, in advance, of the estimated incremental costs to be incurred by MPL as a result of such expedited time schedule.
MPL will provide MPC with at least ninety (90) Days’ notice of any planned maintenance or repair activity on the Pipeline System that will significantly reduce the Minimum Capacity for any Pipeline Segment.
If, during any Quarter during the Term, MPC Deliveries on a Pipeline Segment exceed the applicable Quarterly Throughput Commitment on such Pipeline Segment for such Quarter, MPC shall be permitted to apply Prepaid Transportation Credits against any amounts due from MPC and payable to MPL with respect to the transportation of any volumes on such Pipeline Segment in excess of the Quarterly Throughput Commitment on such Pipeline Segment for such Quarter.