Netting. In the event that Buyer and Seller are each required to pay an amount in the same Month hereunder, then such amounts with respect to each Party may be aggregated and the Parties may discharge their obligations to pay through netting, in which case the Party, if any, owing the greater aggregate amount may pay to the other Party the difference between the amounts owed.
Appears in 18 contracts
Samples: Sale Agreement, Sale Agreement, Purchase/Sale Agreement
Netting. In the event that Buyer and Seller are each required hereunder to pay an amount in the same Month hereunderMonth, then such amounts with respect to each Party may shall be aggregated and the Parties may shall discharge their obligations to pay through netting, in which case the Party, if any, Party owing the greater aggregate amount may shall pay to the other Party the difference between the amounts owed.
Appears in 2 contracts
Samples: Master Firm Gas Purchase/Sale Agreement, Master Firm Gas Purchase/Sale Agreement
Netting. In the event that Buyer Customer and Seller Provider are each required to pay an amount in the same Month hereunder, then such amounts with respect to each Party may be aggregated and the Parties may discharge their obligations to pay through netting, in which case the Party, if any, owing the greater aggregate amount may pay to the other Party the difference between the amounts owed.
Appears in 2 contracts
Samples: Master Services Agreement, Master Services Agreement (Northern Border Partners Lp)
Netting. In the event that Buyer and Seller are each required under this Agreement to pay an amount in the same Month hereunder, then such amounts with respect to each Party may be aggregated and the Parties may discharge their obligations to pay through netting, in which case the Party, if any, owing the greater aggregate amount may pay to the other Party the difference between the amounts owed.
Appears in 2 contracts
Samples: Master Agreement (RGC Resources Inc), RGC Resources Inc
Netting. In the event that Buyer and Seller are each required to pay an amount in the same Month hereunderpursuant to this Agreement and the Master Agreement, then such amounts amount with respect to each Party may be aggregated and the Parties may discharge their obligations to pay through netting, in which case the Party, if any, owing the greater aggregate amount may pay to the other Party the difference between the amounts owed.
Appears in 2 contracts
Samples: Gas Purchase and Agency Agreement (North Shore Gas Co /Il/), Gas Purchase and Agency Agreement (North Shore Gas Co /Il/)
Netting. In the event that Buyer and Seller are each required to pay an ------- amount in the same Month hereunder, then such amounts with respect to each Party may be aggregated and the Parties may discharge their obligations to pay through netting, in which case the Party, if any, owing the greater aggregate amount may pay to the other Party the difference between the amounts owed.
Appears in 1 contract
Samples: Agreement (Boston Gas Co)