Common use of Owners' Obligation to Maintain Balance Clause in Contracts

Owners' Obligation to Maintain Balance. Owner shall manage daily receipts and deliveries of Gas and, if necessary, make adjustments to maintain a balance of receipts and deliveries. Owner shall manage daily receipts and deliveries so that the Imbalance shall be kept as near zero as practicable. "Imbalance" shall be defined as the difference between the total MMBTU's of Gas received at the Receipt Point(s), less fuel and lost and unaccounted for gas, and the total MMBTU's of Gas allocated to Owner at the Delivery Point(s).

Owners' Obligation to Maintain Balance. Owner shall manage daily receipts and deliveries of Gas and, if necessary, make adjustments to maintain a balance of receipts and deliveries. Owner shall endeavor to maintain as uniform a flow rate as practicable. Owner shall manage daily receipts and deliveries so that the Imbalance shall be kept as near zero as practicable. "Imbalance" shall be defined as the difference between the total allocated MMBTU's of Gas received at the Receipt Point(s), Points less fuel and lost and unaccounted for gasGas, and the total MMBTU's of Gas allocated to Owner at the Delivery Point(s)Points.