Receipt Point Volume definition
Examples of Receipt Point Volume in a sentence
Shipper’s share of Fuel consumed in the operations of the System shall be determined and allocated by Gatherer to each Receipt Point upstream of the applicable point Gas is actually consumed by multiplying the Gas consumed at such point on the System by a fraction calculated by the Receipt Point Volume upstream of such point divided by all Gas volume attributable for all Receipt Points upstream of such point.
Prior to allocation of Fuel and Lost Gas, Shipper’s Receipt Point Volume shall be reduced for any corresponding gas lift volumes delivered to a Gas Lift Meter for usage in ▇▇▇▇▇ upstream of the corresponding Receipt Point.
For all of Shipper’s Gas received by Gatherer at the Receipt Points, Shipper will pay Gatherer the Gathering Fee set forth in Exhibit 1.43 multiplied by the Receipt Point Volume.
For all of Shipper’s Gas received by Gatherer at the Receipt Points, initially, Shipper will pay Gatherer the Gathering Fee for the applicable System set forth in Exhibit 1.32 multiplied by the Receipt Point Volume.
MarkWest shall pay MEA a fee ("Processing Fee") equal to the Receipt Point Volume (expressed in Mcf) multiplied by $*.
Shipper’s share of Fuel consumed in the operations of the Systems shall be determined and allocated by Gatherer to each Receipt Point upstream of the applicable point Gas is actually consumed by multiplying the Gas consumed at such point of the System by a fraction calculated by the Receipt Point Volume upstream of such point divided by all Gas volume attributable for all Receipt Points upstream of such point.
For all of Shipper’s Gas received by ▇▇▇▇▇▇▇▇ at the Receipt Points, Shipper will pay Gatherer the applicable Gathering Fee set forth in Exhibit C multiplied by the Receipt Point Volume.
Prior to allocation of Fuel and Lost Gas, ▇▇▇▇▇▇▇’s Receipt Point Volume shall be reduced for any corresponding gas lift volumes delivered to a Gas Lift Meter for usage in ▇▇▇▇▇ upstream of the corresponding Receipt Point.
If the North Core Receipt Point Volume for a particular Month exceeds the applicable North Core Minimum Monthly Volume for such Month (“North Core Volumetric Excess”), then Gatherer shall carry forward and apply such North Core Volumetric Excess to reduce North Core Volumetric Deficiencies occurring in subsequent Months.
Shipper shall pay Gatherer a monthly gathering fee (“North Core Gathering Fee”) computed as the product of: (a) the MMBtu equivalent of the North Core Receipt Point Volume for such Month multiplied by (b) the applicable gathering rates set forth in Section 3.C.1 of the Commercial Terms.