Examples of Uncommitted Shipper in a sentence
To the extent an Uncommitted Shipper does not meet the foregoing eligibility requirements, it shall be treated as a New Shipper for prorationing purposes.
An Uncommitted Shipper that fails to use all of its allocated System Capacity during a Proration Month shall have its allocation of System Capacity reduced in each subsequent Proration Month until the total reductions equal the amount of the deficiency.
If an Uncommitted Shipper does not nominate the portion of System Capacity allocated to it for Uncommitted Service during a Proration Month under this Item 7, Gatherer shall have the right to use Uncommitted Shipper’s unused portion of System Capacity to fulfill the unmet Nominations of other Shippers.
Successive Shippers with Nominations for Delivery to the Westridge Marine Terminal may be required to Tender the same Petroleum type as one of the two (2) Crude Petroleum types determined by the preceding process, provided however that an Uncommitted Shipper shall be permitted to withdraw a Nomination without penalty where such Nomination does not contemplate the Crude Petroleum types accepted for such Month.
An Uncommitted Shipper will receive Regular Shipper status to the extent it has actual shipments in each of the 12 months of the Base Period (or, during the transition period described in Item No. 45F, each of the months of the transition Base Period).