Gatherer’s Statement Sample Clauses

Gatherer’s Statement. Gatherer shall render a statement to Shipper no later than the twenty fifth (25th) business Day of each Month setting forth the amounts due Gatherer, as provided for in Article VI of the Agreement to which this Exhibit C is attached, for gathering along with related services provided to Shipper during the preceding Month pursuant to this Agreement. If actual quantities are not available, Gatherer may utilize a reasonable, good faith estimated quantity based on confirmed nominations. As soon as the actual quantity becomes available, the estimated quantity shall be adjusted and the adjustment shall be reflected in subsequent Months’ business.

Gatherer’s Statement. G▇▇▇▇▇▇▇ shall render a statement per Receipt Point to Producer on or about the twenty-fifth (25th) Day of each Month setting forth (a) the amount due Gatherer for all Fee(s) incurred by Producer for the services performed hereunder by G▇▇▇▇▇▇▇ during the preceding Month, (b) the dollar amount due Producer for the settlement quantity of Residue Gas purchased from Producer for that statement period (the “Residue Gas Value”), and (c) the dollar amount due Producer for the settlement quantity of the Producer’s Settlement G▇▇▇▇▇▇ purchased from Producer for that statement period (the “Plant Product Value”). Such statement shall contain reasonably detailed information showing the determination of such Residue Gas Value and such Plant Product Value and any applicable Fee(s). The Parties agree that the Fee(s) owed by Producer to G▇▇▇▇▇▇▇ hereunder for such Month may be deducted from the Residue Gas Value and/or Plant Product Value owed to Producer for such Month. Gatherer shall (x) include with such statement an invoice for the difference between the total dollar amount of the Fee(s), and the sum of the Residue Gas Value and Plant Product Value owed to Producer, if such Fee(s) are greater than the sum of the Residue Gas Value and Plant Product Value; or (y) if the sum of if the Residue Gas Value and Plant Product Value owed to Producer are greater than such Fee(s), Gatherer shall pay Producer the difference by wire transfer on or before the last Business Day of the Month following the delivery Month. If actual quantities for Producer’s Residue Gas or Producer’s Settlement Gallons are not available, Gatherer may utilize a reasonable, good faith, estimated quantity based upon quantities received, gathered or extracted by Gatherer during the preceding Month. As soon as the actual quantity becomes available, the estimate shall be adjusted and the adjustment shall be reflected in the subsequent Month’s statement. In the event such quantities are estimated for any period, corrected statements shall be rendered by G▇▇▇▇▇▇▇ to Producer and paid by Producer or refunded or credited by G▇▇▇▇▇▇▇, as the case may be, in each instance in which the actual quantity received or delivered hereunder with respect to a Month shall be determined to be at variance with the estimated quantity theretofore made the basis of billing and payment hereunder.

Gatherer’s Statement. Gatherer shall render a statement to Shipper on or about the last Day of each Month setting forth the amount due Gatherer for all fees incurred by Shipper for the gathering of Gas and other services performed hereunder by Gatherer during the preceding Month. If actual Gas quantities are not available, Gatherer may utilize a reasonable, good faith, estimated quantity based upon quantities received and gathered by Gatherer during the preceding Month. As soon as the actual quantity becomes available, the estimate shall be adjusted and the adjustment shall be reflected in the subsequent Month’s statement. In the event such quantities are estimated for any period, corrected statements shall be rendered by Gatherer to Shipper and paid by Shipper or refunded or credited by Gatherer, as the case may be, in each instance in which the actual quantity received or delivered hereunder with respect to a Month shall be determined to be at variance with the estimated quantity theretofore made the basis of billing and payment hereunder.