Common use of Voluntary Interruption Commitments Clause in Contracts

Voluntary Interruption Commitments. When Transporter is unable, or reasonably anticipates that it will be unable, to schedule and deliver the confirmed nominations of all of its firm Shippers from their primary Receipt Points to primary Delivery Points during one or more Gas Days due to an existing or anticipated Force Majeure Event or Non-FM Event, Transporter may conduct a reverse open season (“VIC Reverse Open Season”) to solicit offers from current firm Shippers under Rate Schedules FT-1, FT-2, BH-1, LFT, and HT-1 (including Replacement Shippers unless specifically precluded pursuant to Section 15.6(v) of the General Terms and Conditions of Transporter’s Tariff) to temporarily relinquish the right to nominate specified volumes under existing Service Agreements (a “Voluntary Interruption Commitment” or “VIC”), as specified in greater detail in Section 15.6(d)-(e) of the General Terms and

Appears in 2 contracts

Sources: Ferc Gas Tariff, Gas Tariff