Examples of Transportation Contracts in a sentence
Minimum Volume Commitments and Firm Transportation Contracts Certain of our gathering and processing agreements provide for quarterly or annual MVCs. Under these agreements, our customers or suppliers agree to ship and/or process a minimum volume of product on our systems over an agreed time period.
On any Day during the period from April 1 through October 31 that System Capacity is not otherwise scheduled under any Rate Schedule, such capacity will be allocated pro rata to Rate Schedule FT Shippers whose Gas Transportation Contracts have initial terms of twenty (20) Years or longer, and were in existence prior to June 1, 2013, based on these Shippers' annual reservation charges under Rate Schedules FT.
All income and losses attributable to the utilization or implementation of or otherwise with respect to the Transportation Contracts during the Term shall be solely for the account of ENA.
ENA shall defend and, if required to do so, pay any claims made under the Transportation Contracts, except to the extent such claims relate to Excluded Liabilities.
Once the tariff is defined, it shall be escalated on 1st October of every year against a defined tariff escalation formula to be set out in the long-term Transportation Contracts between Nabucco International Company and Shippers.