Priority Capacity definition

Priority Capacity means Regular Capacity available to Committed Shippers, which is not subject to proration in accordance with Item No. 90. Priority Capacity will not exceed 250,000 barrels per day of the Regular Capacity on mainline segments.

Priority Capacity means System Capacity that is not subject to prorationing during normal operating conditions.

Priority Capacity means Regular Capacity available to Committed Shippers, which is not subject to proration. Priority Capacity will not exceed 250,000 barrels per day of the Regular Capacity on mainline segments.

Examples of Priority Capacity in a sentence

• If Shipper transfers any right, title, or interest in some, but not all of the Dedication, in addition to the requirements of VI.A.viii above, any right, title, or interest retained by Shipper shall remain subject to this Agreement and the Dedication, and Shipper’s Committed Rate and right to make a Priority Capacity Election, as set forth in Exhibit A to this Agreement, shall not be affected by the transfer.

• Monarch will maintain ninety percent (90%) of the Prorationed Capacity for a Committed Shipper Priority Capacity Election program.

• Shipper is eligible to make a Priority Capacity Election should the Pipeline enter into a period of Proration.

• Shipper may elect and secure Priority Capacity by paying a one cent ($0.01) per Barrel premium over the General Commodity Rate set forth in the Tariff.

• Subject to reduced Pipeline capacity (as a result of, for example, Interruption and Curtailment or Force Majeure), Priority Capacity will be available to Shipper during periods of proration up to the level of Shipper’s Committed Volume for Shipper’s Crude Oil.

More Definitions of Priority Capacity

Priority Capacity means a Committed Shipper’s capacity up to its Committed Volume that is eligible to not be subject to proration, provided that the Committed Shipper makes a Priority Capacity Election. The Priority Capacity of all Committed Shippers combined shall not exceed ninety percent (90%) of the Available Capacity.

Priority Capacity has the meaning set forth in Section 4.8.3.

Priority Capacity means an amount of the Available Expansion Capacity that is not subject to prorationing except in the event of operational disruptions or Force Majeure events.

Priority Capacity means capacity available to Contract Shippers on the 20” Main Line Segment and/or the 14” Seymour to Chicago Segment that is not subject to proration.

Priority Capacity means capacity available to Contract Shippers, which is not subject to proration. Priority Capacity will not exceed 81,000 barrels per day of the capacity on mainline segments.

Priority Capacity means for any month in which prorationing applies, 90% of System Capacity.

Priority Capacity means the System Capacity of a line segment that is available for allocation to Priority Shippers under Item 12(d) and for which Priority Shippers shall receive Priority Service. The Priority Capacity shall never exceed ninety (90) percent of the System Capacity of a line segment.