Gathering Services. For each Day during the Term, (i) Gatherer agrees to provide Firm Service on the Gathering System for Customer Gas delivered to the Gathering System in a quantity not to exceed Customer’s Firm Service Gas for such Day, and Interruptible Service for all quantities in excess of Customer’s Firm Service Gas for such Day, and deliver to Customer, or for the account of Customer, at the applicable Points of Delivery, Equivalent Quantities of Customer Gas received from Customer at the Points of Receipt, and (ii) Customer, or its designee, shall accept such Equivalent Quantities of Customer Gas at the Points of Delivery. Notwithstanding anything in this Agreement to the contrary, it is acknowledged and agreed that Customer is under no obligation to deliver any minimum amount of Gas to Gatherer hereunder; accordingly, Customer shall not have any liability (financial or otherwise) for Customer’s failure to deliver any particular quantity of Gas to Gatherer; provided, however, the foregoing sentence shall not reduce or eliminate Customer’s obligation to pay the fees provided herein. Notwithstanding anything in this Agreement to the contrary, if Customer Gas is nominated to the Gathering System at a pressure of at least 750 psia at the Regency 24” Interconnect, Gatherer acknowledges and agrees that Gatherer shall deliver such nominated Gas to the Lincoln Parish Plant (via the Gathering System’s twenty four inch (24”) pipeline) and to the Mount Olive Plant (via the Gathering System’s twelve inch (12”) pipeline). Gatherer and Customer agree the maximum firm capacity that may be nominated from the Regency 24” Interconnect and delivered to the Mount Olive Plant is 120,000 MMBtu per Day. Drip Liquids. The ownership of all Drip Liquids attributable to Customer Gas and any and all revenues from the sale thereof shall be owned 100% by Customer. Customer is responsible for the timely removal of its Drip Liquids from Gatherer’s facilities and delivery to downstream pipelines, Customer provided trucks or other facilities mutually agreed between the Parties.
Appears in 1 contract
Sources: Gas Gathering Agreement
Gathering Services. For each Day during the Term, (i) Gatherer agrees to provide Firm Service on the Gathering System for Customer Gas delivered to the Gathering System in a quantity not to exceed Customer’s Firm Service Gas for such Day, and Interruptible Service for all quantities in excess of Customer’s Firm Service Gas for such Day, and deliver to Customer, or for the account of Customer, at the applicable Points of Delivery, Equivalent Quantities of Customer Gas received from Customer at the Points of Receipt, and (ii) Customer, or its designee, shall accept such Equivalent Quantities of Customer Gas at the Points of Delivery. Notwithstanding anything in this Agreement to the contrary, it is acknowledged and agreed that Customer is under no obligation to deliver any minimum amount of Gas to Gatherer hereunder; accordingly, Customer shall not have any liability (financial or otherwise) for Customer’s failure to deliver any particular quantity of Gas to Gatherer; provided, however, the foregoing sentence shall not reduce or eliminate Customer’s obligation to pay the fees provided herein. Notwithstanding anything in this Agreement to the contrary, if Customer Gas is nominated to the Gathering System at a pressure of at least 750 psia at the Regency 24” Interconnect, Gatherer acknowledges and agrees that Gatherer shall deliver such nominated Gas to the Lincoln Parish Plant (via the Gathering System’s twenty four inch (24”) pipeline) and to the Mount Olive Plant (via the Gathering System’s twelve inch (12”) pipeline). Gatherer and Customer agree the maximum firm capacity that may be nominated from the Regency 24” Interconnect and delivered to the Mount Olive Plant is 120,000 MMBtu per Day. Drip Liquids. The ownership of all Drip Liquids attributable to Customer Gas and any and all revenues from the sale thereof shall be owned 100% by Customer. Customer is responsible for the timely removal of its Drip Liquids from Gatherer’s facilities and delivery to downstream pipelines, Customer provided trucks or other facilities mutually agreed between the Parties.
Appears in 1 contract
Sources: Gas Gathering Agreement (PennTex Midstream Partners, LP)