Proration Month definition

Proration Month means the month for which capacity is to be allocated under Item 7.
Proration Month means the Month for which capacity on the Pipeline is subject to prorationing under Item No. 65 of this Tariff.
Proration Month means the calendar month which shall begin at seven a.m. on the first day of such month and end at seven a.m. on the first day of the next succeeding month.

Examples of Proration Month in a sentence

  • To the extent Carrier experiences a Force Majeure event or other operational disruption within a gathering month, Carrier shall notify Shipper of its allocation within the gathering month that has become a Proration Month as soon as reasonably practicable.

  • If a Shipper does not use the portion of System Capacity allocated to it under this Item 7 at the times and in the amounts designated by Carrier for any Proration Month, Carrier may elect, in its sole discretion, to use Shipper’s unused portion of System Capacity to fulfill the unmet Nominations of other Shippers, subject to such other Shipper’s acceptance of such re-allocation.

  • The remainder of the Remaining Available Capacity will be available to any Regular Shipper that submitted valid Nominations for 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.

  • For each Proration Month, the Remaining Available Capacity shall be divided between Regular Shippers and New Shippers.


More Definitions of Proration Month

Proration Month means the Month for which System Capacity is to be allocated in accordance with Item 18.
Proration Month means the calendar month for which capacity is to be allocated under Item No.18 of this tariff.
Proration Month means the month for which capacity is to be allocated under Item 7. “Quality Specifications” has the meaning set forth in Item 3(A).
Proration Month means the calendar month for which capacity is being prorated.
Proration Month means the month for which capacity on the Gathering System is to be allocated under Item 7.
Proration Month means the calendar month for which Expansion Capacity is to be allocated under this subpart (c) of Item No. 48.
Proration Month means the Month for which capacity is to be allocated in accordance with Item 85.