Shipper History definition

Shipper History means the total volume (in Barrels) of a Shipper’s Crude Petroleum actually shipped on the Pipeline during the Base Period. If Carrier has been in operation less than twelve (12) Months, then Shipper History shall be the total volume (in Barrels) of Shipper’s Crude Petroleum actually shipped on the Pipeline to date, excluding volumes shipped in the Month preceding the Proration Month.
Shipper History is defined in the Rules and Regulations and shall be deemed to be the Annual Volume Commitment for the first twelve (12) months, and thereafter shall be deemed to be the greater of the Annual Volume Commitment and actual shipments.
Shipper History means (a) for a Regular Shipper other than a Committed Shipper, the monthly average of such Regular Shipper’s volumes of Crude Oil actually shipped over the Base Period, and (b) for a Committed Shipper, the greater of (i) the monthly average of such Committed Shipper’s volumes of Crude Oil actually shipped over the Base Period (or such portion of such monthly average that shall not result in an allocation to any other Committed Shipper under step 2 below that reduces such other Committed Shipper below its Committed Volume) and (ii) the Committed Shipper’s Committed Volume.

Examples of Shipper History in a sentence

  • Each Regular Shipper’s share of such capacity will be allocated based on its Shipper History.

  • Carrier shall be given notice of such assignment in writing by the twenty-fifth (25th) day of the month prior to the month in which an apportionment decision by the Carrier is expected to include the Assigned Shipper History in apportionment.

  • Except as may be prohibited by a regulatory agency Shipper may assign its Shipper History to another Shipper (“Assignee Shipper”) (“Assigned Shipper History”).

  • For any purpose under these Rules and Regulations for which Shipper History is relevant, Assigned Shipper History shall apply to the Assignee Shipper as though it had been performed by the Assignee Shipper itself.

  • All Shipper History is held by the Company and not by any Affiliate thereof.

  • Shipper, an affiliate of the Shipper or a party whom the Shipper has given the right to transport the Shippers’ Crude Oil, shall, at all times during the Term, earn and hold one hundred percent (100%) of the Shipper History in its own name as the “shipper of record” of Shipper’s Crude Oil for purposes of any apportionment or allocation of capacity on the Knight Warrior Pipeline as provided in the Rules and Regulations.

  • Shipper, an affiliate of the Shipper or a party whom the Shipper has given the right to transport the Shippers’ Crude Oil, shall, at all times during the Term, earn and hold one hundred percent (100%) of the Shipper History in its own name as the “shipper of record” of Shipper’s Crude Oil for purposes of any 9 apportionment or allocation of capacity on the Knight Warrior Pipeline as provided in the Rules and Regulations.


More Definitions of Shipper History

Shipper History means what is set forth in Item 1.6 of Carrier’s Prorationing Policy found in Exhibit A herein.
Shipper History means the historic throughput volumes, and capacity rights of a Shipper, including capacity for which the Shipper paid throughput fees, a reservation charge or a Deficiency Payment.

Related to Shipper History

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

  • Producer means the owner of a well or wells capable of producing oil or gas or both.

  • Shipper means the party who contracts with Carrier for the transportation of Crude Petroleum under the terms of this tariff.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department.

  • Suppliers means any person or entity, including affiliates of the Company, who locates, purchases, sells, stores and/or transports natural gas or its equivalent for or on behalf of the Company. Suppliers may include, but not be limited to, interstate pipeline transmission companies, producers, brokers, marketers, associations, intrastate pipeline transmission companies, joint ventures, providers of LNG, LPG, SNG, and other hydrocarbons used as feed-stock, other distribution companies and end-users.

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Biodiesel blend means a fuel comprised of a blend of biodiesel fuel with petroleum-based diesel fuel, suitable for use as a fuel in a compression-ignition internal combustion diesel engine.

  • Customers means such brokerage or other customers or investment advisory or other clients of a Recipient, and/or accounts as to which such Recipient provides administrative support services or is a custodian or other fiduciary.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • API means the American Petroleum Institute.

  • Pharmacist intern or “intern” means a person enrolled in a college of pharmacy or actively pursuing a pharmacy degree, or as otherwise provided by the board, who is registered with the board for the purpose of obtaining instruction in the practice of pharmacy from a preceptor pursuant to Iowa Code section 155A.6. “Pharmacist-intern” includes a graduate of an approved college of pharmacy, or a foreign graduate who has established educational equivalency pursuant to the requirements of rule 657—4.7(155A), who is registered with the board for the purpose of obtaining practical experience as a requirement for licensure as a pharmacist in Iowa. “Pharmacist-intern” may include an individual participating in a residency or fellowship program in Iowa, whether or not the individual is licensed as a pharmacist in another state.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes: