Transportation Period definition
Examples of Transportation Period in a sentence
The purpose of this Gas Transportation Agreement is to establish the respective rights and obligations of the Parties concerning the provision by the Transporter to the Shipper of Transportation Services during the Transportation Period.
For the transportation service set out in this Agreement, the Shipper shall pay to SWISSGAS, on a “ship or pay” basis, a Transportation Charge of CHF «bid_WB1» / «bid_OL1» per kWh/h for the Transportation Period in monthly equal installments (equal to CHF «monthly_payment») against invoice.
SWISSGAS confirms its availability to perform the transportation service for the Shipper during the Transportation Period (Article 5) from the Delivery Point to the Re-Delivery Point, subject to the provisions set out here below.
If the Transportation Period is one month, the down payment is just one monthly transportation charge.
During the Transportation Period, INGL shall, at its own expense, maintain, repair, renew and operate the Transmission System (or procure its maintenance, repair, renewal and operation) in accordance with the standards of a Reasonable and Prudent Operator and in compliance with all applicable laws and regulations.
The Transporter shall repair, maintain, provide balance of, operate, insure and, if damaged, reinstate the Pipeline, to enable the Transporter to transport Gas for the User during each applicable Transportation Period.
Type of Service: Firm Transportation Period: January 1, 2002 through March 31, 2005, and year to year thereafter until terminated by either party with sixty (60) days advance written notice prior to March, 2005 or any anniversary thereof.
The minimum Transportation Period depends on the shipper's total redelivery capacity, as follows: Further, the term must be sufficient to provide for recovery of INGL's costs and a reasonable return.
The imbalance correction will be invoiced once with the invoice for the Transportation Charge for the last month of the Transportation Period.
INGL shall make the Transmission Capacity available to the Shipper during the Transportation Period in accordance with and subject to the provisions of this Agreement.