Raw NGL Mix definition

Raw NGL Mix means the mixed liquid hydrocarbon stream produced at a gas processing plant and delivered to UPFUELS at the Delivery Point at the tailgate of said plant, or as may be otherwise mutually agreed by the Parties.
View Source

Examples of Raw NGL Mix in a sentence

  • FRACTIONATED NGLS shall mean liquid hydrocarbons fractionated from Raw NGL Mix, including, but not limited to, Propane, Normal Butane, Isobutane, Natural Gasoline and Ethane.

  • COMPONENT(S) shall mean the individual hydrocarbon constituents of Raw NGL Mix, including, but not limited to, Propane, Normal Butane, Isobutane, Natural Gasoline and Ethane.

  • NGL shall mean Raw NGL Mix, if delivered to Dynegy from a gas processing plant, or Fractionated NGLs, if delivered to Dynegy from a fractionator.

  • Accordingly, Texaco and Dynegy agree that, if in the future Texaco has uncommitted Raw NGL Mix and/or Fractionated NGLs not otherwise subject to this Agreement available for sale, Texaco and Dynegy will endeavor in good faith determine the appropriate exhibit and/or pricing basis for such uncommitted Raw NGL Mix and/or Fractionated NGLs and, if an agreement is reached, shall amend this Agreement accordingly.

  • For Local Sales of Raw NGL Mix, UPFUELS shall pay 100% of the Netback Price, less the applicable Marketing Fee, but in no event shall UPFUELS pay less than the Pipeline Price if a commercially reasonable pipeline connection exists for such Raw NGL Mix.

  • The marketing fee for Subject NGLs hereunder (the "Marketing Fee") shall be $0.005 per Gallon on Local Sales of Raw NGL Mix and Purity Product and $.0025 per Gallon on Raw NGL Mix and Purity Product Sales at NGL Market Centers.

  • RAW NGL MIX shall mean the mixed liquid hydrocarbon stream produced at a gas processing plant and delivered to Dynegy at the Delivery Point at the tailgate of said plant meeting the specifications of the pipeline utilized to transport same or, if trucks are utilized to transport such Raw NGL Mix, such Raw NGL Mix shall meet the demethanized raw product specifications set forth in Exhibit "A".

  • Until such time as (y) the agency agreement referenced in (iii) above is entered into and (z) the operator of the EPO Fractionator acknowledges Dynegy's rights under such agency agreement, Texaco will continue to perform scheduling and logistic functions associated with the Raw NGL Mix fractionated at the EPO Fractionator and will sell to Dynegy the Fractionated NGLs produced from Texaco's Raw NGL Mix at the EPO Delivery Points.