Examples of PRB Expansion Capacity in a sentence
The following definitions will apply only to the PRB Expansion Capacity Prorationing Procedures set forth in this subpart (d) of Item No. 48.
Except during events of force majeure or other operational disruptions, Carrier shall allocate each such Shipper an amount of PRB Expansion Capacity equal to the lesser of (1) the amount equal to the Shipper’s PRB Expansion Capacity Nomination from the Gathering Systems, or (2) the Shipper’s volume commitment, as set forth in the Shipper’s PRB Expansion Project T&D, stated on a monthly basis.
In the event that, under the calculation in subpart (d)(1)(iv) above, any Regular Shipper is allocated more capacity than its PRB Expansion Capacity Nomination, the excess of its allocation over its PRB Expansion Capacity Nomination will be reallocated pro rata among all other Regular Shippers that did not receive an allocation in excess of their PRB Expansion Capacity Nominations, up to the level of each Regular Shipper’s PRB Expansion Capacity Nomination.
If there still remains unused PRB Expansion Capacity after such reallocation among New Shippers, the PRB Expansion Project shall no longer be subject to prorationing with respect to the PRB Expansion Capacity and subpart (d) of this Item No. 48 shall be inoperative.
Carrier will allocate the available PRB Expansion Capacity independently in the manner described in subpart (d) below.
During the Proration Month, each New Shipper will be allocated a portion of the PRB Expansion Capacity equal to its PRB Expansion Capacity Nomination multiplied by the Proration Factor, up to the level of its PRB Expansion Capacity Nomination.
Following the allocation of PRB Expansion Capacity to New Shippers described in subparts (d)(1)(i) and (d)(1)(ii) above, PRB Expansion Capacity shall next be apportioned to Shippers that have executed a PRB Expansion Project T&D and have submitted a PRB Expansion Capacity Nomination for transportation from the Gathering Systems that deliver into the PRB Expansion Project.
Following the allocation of PRB Expansion Capacity pursuant to subparts (d)(1)(i), (d)(1)(ii), and (d)(1)(iii) above, all of the remaining PRB Expansion Capacity on the PRB Expansion Project will be allocated to Regular Shippers.
The total aggregate volumes allocated to all New Shippers on the PRB Expansion Project shall not exceed ten percent (10%) of PRB Expansion Capacity.
Each Regular Shipper will receive an allocation that is the lesser of its allocation under subpart (d)(1)(iv) above or its PRB Expansion Capacity Nomination.