Examples of Regular Shipper in a sentence
If the Carrier, in its sole discretion, should determine that Nominations exceed capacity as the results of unusual petroleum product market conditions that are expected to be of a temporary nature, capacity will be allocated as follows: Each Regular Shipper who has utilized the pipeline segment subject to allocation during each of the 12 months during the Base Period will be allocated capacity equal to their average actual deliveries during the Base Period.
The nomination submitted by a Regular Shipper for a Segment being allocated or frozen that is recorded in the system at the time specified in the Notice of Allocation or Freeze Notice.
CCHA) - Capacity allocated to a Regular Shipper based on the volumes of petroleum products shipped by such Regular Shipper on the applicable Segment during the Base Period.
A volume equal to (a) for a Regular Shipper, 80% of its Initial Nomination or its Initial Nomination less 25,000 barrels, whichever is less; provided that the Calculated Minimum Nomination of a Regular Shipper that does not submit an Initial Nomination will be 0, and (b) for a New Shipper, 80% of its New Shipper Nomination.
A Shipper, other than a Regular Shipper, an Affiliate of a Regular Shipper or other New Shipper, that has been approved by carrier for shipments on a Segment or Segments, subject to Shipper meeting the requirements of Item 25(a).