Examples of Priority Shipper in a sentence
Subject to Item 7(E) below, to the extent any additional capacity exists up to the total Committed Volumes of all Priority Shippers, Gatherer shall allocate such additional capacity based upon the average delivered volumes for Priority Service of each Priority Shipper for the twelve (12) Month period ending two months prior to the month in which such curtailment is to be effective, but in no event to exceed each Priority Shipper’s nominated amount, unless such period is stated otherwise in a COGA.
If a Priority Shipper does not nominate the portion of System Capacity allocated to it for Priority Service under this Item 7, such space (the “Excess Capacity”) shall be pooled together and offered to other Priority Shippers (“Supplemental Priority Shippers”).
Public comment is welcome, at this time, on any matter within the jurisdiction of the Committee that is not on the agenda.
In the event Gatherer refuses to accept Barrels of Crude Oil Tendered by a Priority Shipper for transportation under this tariff or a COGA because such Shipper has been (i) in violation of this tariff, or (ii) in material breach of a COGA at the time the Barrels are Tendered to Gatherer, then no reduction shall be made to a deficiency payment if, as a result of such refusal, such Priority Shipper fails to ship its Monthly Committed Volume for such month.
The terms of a COGA shall govern the rights of a Priority Shipper and Gatherer with respect to the payment or nonpayment of any deficiency payments and/or other charges set forth in a COGA.