Commodity Charge. Buyer shall pay to Seller each Contract Month an amount determined by multiplying the quantities of gas actually delivered to Buyer under this Agreement at the Receipt Point(s) during the Contract Month, up to the quantity nominated by Buyer, by a price per MMBtu determined using the first monthly index for Inside FERC's GAS MARKET REPORT, for "PEPL Oklahoma", for the applicable month, which price shall be deemed to be a delivered price to the Receipt Point(s), inclusive of actual transportation charges (including ACA, GRI, fuel, all applicable surcharges, gathering costs, transition costs, and take or pay, or other costs, if any) from the wellhead to the Receipt Point(s), and shall include all royalties and all present and future production, delivery, severance, excise taxes, and all other costs of delivery to the Receipt Point(s). If a Receipt Point(s) other than mainline Receipt Point(s) is used, any gathering, transportation or other costs imposed on Buyer to transport the Gas to Transporter's mainline shall be deducted from the Commodity Charge.
Appears in 1 contract
Sources: Natural Gas Firm Supply Agreement (Indiana Gas Co Inc)
Commodity Charge. Buyer shall pay to Seller each Contract Month an amount determined by multiplying the quantities of gas actually delivered to Buyer under this Agreement at the Receipt Point(s) during the Contract Month, up to the quantity nominated by Buyer, by a price per MMBtu determined using the first monthly index for Inside FERC's GAS MARKET REPORT, for "PEPL Oklahoma"Texas Gas Zone SL, for the applicable month, which price shall be deemed to be a delivered price to the Receipt Point(s), inclusive of actual transportation charges (including ACA, GRI, fuel, all applicable surcharges, gathering costs, transition costs, and take or pay, or other costs, if any) from the wellhead to the Receipt Point(s), and shall include all royalties and all present and future production, delivery, severance, excise taxes, and all other costs of delivery to the Receipt Point(s). If a Receipt Point(s) other than mainline Receipt Point(s) is used, any gathering, transportation or other costs imposed on Buyer to transport the Gas to Transporter's mainline shall be deducted from the Commodity Charge.
Appears in 1 contract
Sources: Natural Gas Firm Supply Agreement (Indiana Gas Co Inc)