Locked Quantities Sample Clauses
Locked Quantities. 20 7.3.4 Irrevocability...............................................................21 7.3.5 Availability of Committed Gas................................................21 7.3.6 Cessation of Futures Trading.................................................21 7.3.7 Applicability of Other Provisions of this Agreement to Committed Gas Sold Under a Locked Price..................................................................21 7.3.8 Liquidation of Hedge Positions...............................................21 7.4 Replacement of Indexes; Redetermination of Indexes, Split Connect Indexes and Index Price Adjustments.................................................................................
Locked Quantities. CUSA may request that all, or any portion of, the Committed Gas available for delivery from a Source of Supply during the Month(s) designated by CUSA be subject to a Locked Price, provided that CUSA's request shall designate a specific quantity of Committed Gas. NGC shall be entitled to decline to offer a Locked Price at its sole discretion. In the event a Locked Price has been established for a portion of the Committed Gas available for delivery from a Source of Supply for a given period, CUSA shall be entitled to make one or more additional requests for a Locked Price on all or any portion of the remaining Committed Gas available for delivery from that Source of Supply during the designated period.
Locked Quantities. UPR may request that all, or any portion of, the Committed Gas available for delivery from one or more Delivery Point(s) during the Month(s) designated by UPR be subject to a Locked Price determined under this Section 7.3, provided that UPR's request shall designate a specific quantity of Committed Gas. UPFUELS shall be entitled to decline to offer a Locked Price on such quantities at its sole discretion. If a Locked Price has been established for a portion of the quantities of Committed Gas available for delivery from one or more Delivery Point(s) for a given period, UPR shall be entitled to make one or more additional requests for a Locked Price on all or any additional quantities of the remaining Committed Gas available for delivery from such Delivery Point(s) during the designated period.