Replacement Gas definition

Replacement Gas means Gas for replacement of minor losses under normal operation of the Transportation System.

Replacement Gas means Gas for replacement of minor losses

Replacement Gas means the purchase of Downstream Gas up to an equivalent gas volume of the Regasified LNG not made available as a result of a Failed LNG Cargo Event.

Examples of Replacement Gas in a sentence

• Deliveries of Fuel Gas and Replacement Gas shall be made in accordance with the Operations Manual article 6.

• For Replacement Gas FortisBC Energy will bill on a basis proportional to actual Day-to-Day takes of the Non-Bypass Shippers or Rate Schedule 46 Shippers during the Day for which the Peaking Gas Quantities were not returned.

• If Peaking Gas is not returned to FortisBC Energy within 6 Business Days of the Day in respect of which it was authorized, FortisBC Energy will provide the Shipper with an equivalent quantity of Replacement Gas.

• Fuel Gas and Replacement Gas shall be supplied by the Shipper in kind based on the Shipper’s Daily Nominations.

• The amount payable to Seller under this Agreement for any Month will be adjusted by an amount, determined for each Delivery Point, obtained by subtracting (i) the Replacement Gas Proceeds from (ii) the Replacement Gas Acquisition Cost (the “Replacement Gas Adjustment”).

More Definitions of Replacement Gas

Replacement Gas means Gas that is (a) procured and delivered by Seller in accordance with Section 3.2, (b) procured by Purchaser in accordance with Section 3.2, or (c) procured by Purchaser to replace Gas that Seller fails to deliver pursuant to Seller’s Firm delivery obligations under this Agreement.

Replacement Gas means NGL for replacement of minor losses under normal operation of the Transportation and Processing System.

Replacement Gas means, for each Delivery Point, gas purchased by Buyer from a party other than Seller to replace any Plant Gas for sale to Buyer’s customers or Affiliates in the event that the quantity of Plant Gas reasonably anticipated by Buyer to be available for delivery at such Delivery Point during any period is less than the Nominated Quantity.

Replacement Gas means, in respect of a Failed Cargo Event, a quantity of Gas equivalent to the quantity of Regasified LNG not made available as a result of the Failed Cargo Event.

Replacement Gas means in the case of a Delivery Default, the number of MMBtu of Gas in fact purchased by Customer during a given Day (adjusted for transportation differences) to replace Gas not delivered to Customer by Operator because of such Delivery Default; and in the case of a Receipt Default, means the number of MMBtu of Gas in fact made available for injection at the Receipt Point(s) by Customer during a given Day but not injected by Operator because of such Receipt Default.

Replacement Gas means Gas which is provided to a Shipper by FortisBC Energy in the event the Shipper fails to return Peaking Gas Quantity pursuant to Section 15.6 (Return of Peaking Gas Quantity).

Replacement Gas means a quantity of Gas secured by MGC to replace a ---------------- Seller's Deficiency Quantity pursuant to Section 5.2. ------------