Upstream Balancing Account definition

Upstream Balancing Account means a balancing account established and maintained for a Shipper at the outlet of a Processing Plant or at a Receipt Point in Zone 3 or Zone 4 in accordance with Section 6.05.
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Upstream Balancing Account means a balancing account established and maintained for a Shipper at a Receipt Point in accordance with Section 6.05.
Sample 1Sample 2
Upstream Balancing Account means a balancing account established and maintained for a Shipper at a Receipt Point in Zone 3 or Zone 4 in accordance with Section 6.05.
Sample 1

Examples of Upstream Balancing Account in a sentence

  • Subject to Section 6.19, a Shipper may transfer a volume of gas from its Upstream Balancing Account having a positive or negative closing balance at a point on the Pipeline System to the Upstream Balancing Account of another Shipper having a positive or negative closing balance at the same point or at another point on the Pipeline System.

  • Westcoast will establish and maintain an Upstream Balancing Account and an Upstream Suspense Account for each Shipper: (a) at the outlet of each Processing Plant at which raw gas delivered into the Pipeline System by or for the account of that Shipper is processed; and (b) at each Receipt Point in Zone 3 and Zone 4, other than the NOVA/Boundary Lake Interconnection and the NOVA/Gordondale Interconnection, at which residue gas is delivered into the Pipeline System by or for the account of that Shipper.

  • Westcoast will establish and maintain an Upstream Balancing Account and an Upstream Suspense Account for each Shipper at each Receipt Point, other than the NOVA/Gordondale Interconnection, at which residue gas is delivered into the Pipeline System by or for the account of that Shipper.

  • Westcoast will establish and maintain an Upstream Balancing Account and an Upstream Suspense Account for each Shipper at each Receipt Point in Zone 3 and Zone 4, other than the NOVA/Gordondale Interconnection, at which residue gas is delivered into the Pipeline System by or for the account of that Shipper.

Related to Upstream Balancing Account

  • Facility Account means the Seller’s Account No. 55-66681 at Bank One.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Collection Accounts As defined in Section 3.10(a).

  • Reserve Accounts means, collectively, the Tax and Insurance Escrow Account, the Replacement Reserve Account, the Required Repair Account, the Rollover Reserve Account, the Occupancy Reserve Account, the Excess Cash Reserve Account, the Net Proceeds Account, the Payment Reserve Account, the TI/LC Reserve Account and any other escrow or reserve account established pursuant to the Loan Documents.

  • Energy Accounts means the regional energy accounts/state energy accounts as specified in the Grid Code issued by the appropriate agency for each Month (as per their prescribed methodology), including the revisions and amendments thereof;

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Commercial account means an arrangement whereby a retail distributor sells hazardous chemicals to an employer, generally in large quantities over time and/or at costs that are below the regular retail price.