Examples of Proration Month in a sentence
Carrier will use reasonable efforts to notify each Shipper of its allocation not later than the first working day of the Proration Month.
Reduction of an Uncommitted Shipper’s allocation for failure to use its allocated System Capacity during a Proration Month may be waived, in whole or in part, if Gatherer determines that Shipper’s failure to use all or some of its allocated System Capacity was due to a Force Majeure.
Except as provided in Item 7(H)(2) below, an Uncommitted Shipper that fails to use all of its allocated System Capacity during a Proration Month shall have its allocation of System Capacity reduced in each subsequent Proration Month until the total reductions equal the amount of the deficiency.
Carrier will use reasonable efforts to notify each Shipper of its allocation as soon as reasonably practicable, but no later than the first working day of the Proration Month.
If an event of Force Majeure or other operational issue causes System Capacity to be reduced for the Proration Month, the allocation of System Capacity to each Committed Shipper under this Item 7(C) shall be reduced by the same percentage as the reduction in System Capacity that is caused by the Force Majeure event or operational issue.