Proration Policy definition

Proration Policy means this document that is the official written description of the process by which Carrier will allocate Capacity on its common carrier pipelines in an equitable manner to all Shippers when Nominations on any segment of the pipeline system exceed the Capacity of that segment.

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Proration Policy means the proration policy set forth in Item 8.

Proration Policy means the rules and procedures detailed in Item 85 of this tariff, as it may be amended from time to time.

Examples of Proration Policy in a sentence

Subject to Section 14, but notwithstanding any other provision of this Agreement to the contrary, to the extent permitted by Applicable Law, the Proration Policy shall provide generally that a tender by Customer of Crude Oil not exceeding the Minimum Volume Commitment from the Origin Point to the Delivery Point shall not be subject to prorationing to accommodate nominations of uncommitted volumes from any shipper under Ordinary Operating Conditions.
Notwithstanding the foregoing, (a) the Tariff, Rules Tariff and Proration Policy are subject to amendment by Transporter from time to time to the extent permitted by Applicable Law, and (b) Transporter is hereby authorized to amend Schedule A to reflect any adjustment to the Minimum Volume Commitment made in accordance with the provisions of the Open Season Terms.
Should any Common Carrier Requirement or any action by any Governmental Authority require Transporter to implement a change in Transporter’s obligations with respect to the provision of Services, the Rules Tariff or the Proration Policy as provided for in this Agreement or any Schedule hereto, Transporter shall provide reasonable notice to Customer of such action.
All summer compensation is subject to proration in accordance with the Summer Session Faculty Salary Proration Policy (see APPENDIX C).
The details of Carrier’s method of proration are contained in a document entitled ▇▇▇▇▇ Energy Partners — Operating, L.P. Proration Policy, effective September 24, 2004, which will be made available, upon request, to any Shipper or prospective Shipper.
In the event there shall occur any scheduling conflict between ALON and another shipper on any Refined Product Pipeline, the parties agree that the proration provisions contained in the document entitled, "▇▇▇▇▇ Energy Partners-Operating, L.P. Proration Policy," effective February 28, 2005, will control, and, to the extent such policy does not resolve PIPELINES AND TERMINALS AGREEMENT the conflict, the party with the greater historical usage over the preceding 24 months shall have priority.

More Definitions of Proration Policy

Proration Policy means the proration procedure found in Transporter’s Rules Tariff, a pro forma copy of which is attached as Schedule C, as such policy may be supplemented, amended, or replaced from time to time.

Proration Policy means this document, which is the official written description of the process by which Carrier will allocate Available Capacity when Nominations on any pipeline segment or portion of Carrier’s system exceed the Available Capacity.