Equivalent Quantities definition

Equivalent Quantities means a quantity of gas containing an amount of Dths equal to the amount of Dths received by the Company for the account of Shipper at the Point(s) of Receipt.

Equivalent Quantities means the volume of gas delivered hereunder for Owner's account to the Delivery Point(s) which shall equal the thermal equivalent in MMBtu of the volume of gas received by Gatherer at the Measurement Point(s) hereunder during a given period of time less compressor fuel, dehydrator fuel, and loss and shrinkage of gas required for delivery of gas to the Delivery Point(s) hereunder during the same period of time.

Equivalent Quantities means the quantity of gas received from Customer, or for the account of Customer, at the Receipt Point(s) less Gas in Kind withheld by Company for loss and use.

Examples of Equivalent Quantities in a sentence

• The Company, subject to the other provisions of this tariff, shall deliver to the Shipper each day Equivalent Quantities of Gas less Gas in Kind at the Point(s) of Delivery up to the Maximum Daily Quantity (MDQ) agreed to in the Transportation Service Agreement with Shipper.

• On or before the fifteenth (15th) Day of each calendar month, Gatherer will render to Owner a statement setting forth, in terms of Mcf's and MMBtu's, the total quantity of Gas received hereunder as measured at the Measurement Point and the Equivalent Quantities of Gas delivered hereunder at the Delivery Point(s) during the immediately preceding Month and the amount payable therefor.

• The term "Equivalent Quantities" shall mean a quantity of Gas containing an amount of Dekatherms equal to the amount of Dekatherms received by Transporter for the account of Shipper at the Receipt Point(s) reduced, where applicable, by the Dekatherms removed for Transporter's Use, third party use, and treatment and processing of Shipper's Gas, all as attributable to Transportation of Shipper's Gas.

• The quantities of Natural Gas delivered hereunder at the Point(s) of Delivery shall be Thermally Equivalent Quantities of the Natural Gas received at the Point(s) of Receipt.

• Transporter shall receive Gas from Shipper or for the account of Shipper at the Receipt Point(s) and deliver Equivalent Quantities, to Shipper or for the account of Shipper at the Delivery Point(s).

More Definitions of Equivalent Quantities

Equivalent Quantities means the sum of the quantities of Gas measured in Dth received by TIGER for the account of a Shipper at the Receipt Point(s) during any given period of time: (a) reduced by (i) that Shipper's share of Fuel Gas and Lost and Unaccounted For Gas, and Booster Compression Fuel if applicable, and (b) adjusted for any variations in Btu content, as corrected for any water vapor in excess of five (5) pounds per million (1,000,000) cubic feet of Gas, it being the intent of the parties that the quantities of Gas delivered hereunder at the Delivery Point(s) after transportation be the thermal equivalent of the quantities of Gas delivered at the Receipt Point(s) for transportation, after reduction, correction and adjustment as provided above. In determining Equivalent Quantities for redelivery, TIGER shall formulate a thermal balance evaluating inputs to, and deliveries from, the System at least once each Month. Fuel Gas, Booster Compression Fuel and Lost and Unaccounted For Gas shall be determined pursuant to Section 36 of these General Terms and Conditions.

Equivalent Quantities means the sum of the volumes of Gas measured in MMBtu received by Transporter for the account of Shipper during any given period of time, reduced by Shipper’s share of fuel and adjusted for any variations in Btu content. It is the intent of the parties that the volumes of Gas delivered for the account of Shipper be the thermal equivalent of the volumes of Gas received by Transporter for transportation, as so adjusted.

Equivalent Quantities means the sum of the quantities of Gas measured in Dth received by Transporter for the account of Shipper at the Points of Receipt during any given period of time reduced by the FL&U Adjustment and any Gas vented as provided in Section 3.3 hereof during the same period of time. In determining Equivalent Quantities for Delivery, each Shipper shall provide the FL&U Adjustment based on the actual quantity of Gas Tendered by such Shipper to Transporter; provided, however, that each Shipper shall be responsible for Unauthorized Overrun Gas Tendered by it to Transporter which is vented under Section 3.3; provided further, that the FL&U Adjustment shall be modified periodically to reflect Transporter's actual operating experience as described in Section 1.27 ("FL&U Requirement"). Each Shipper's share of Transporter's total FL&U Requirement shall be calculated as a percentage of each Shipper's Gas at each Point of Receipt.

Equivalent Quantities means the thermally equivalent quantity of Gas received from Shipper or for the account of Shipper, at the Receipt Point(s), less the quantity of Gas withheld by Transporter for Fuel Use and Gas Lost and Unaccounted For.

Equivalent Quantities means the quantity of gas, in MCF received from Grantee, for the account of Grantee, at the Receipt Point(s), less 1% gas-in-kind withheld by Grantor for loss and use.

Equivalent Quantities means the quantity of Gas, in MMBTU, received by Gatherer from Producers at the Receipt Points (net of any measured Gas Lift Gas volumes), less the Fuel, L&U, and shrinkage due to Drip Liquids collected on the System.

Equivalent Quantities means that volume of gas which is thermally equivalent to the volume of Gas received by Transporter at the Receipt Point(s), less applicable deductions for fuel adjustments as provided for in this Agreement on any one Day.