Examples of Firm Shipper in a sentence
Anchor Shipper, Firm Shipper, New Shipper, and Regular Shipper allocations may not be assigned, conveyed, loaned, or transferred to any shipper other than the shipper assigned such allocation by Carrier.
The shipment history for each Committed Firm Shipper during each month of the Base Period shall be calculated as the greater of (i) Deliveries, or (ii) Committed Volume or Shipper MDQ, as applicable.
A Committed Firm Shipper shall have Regular Shipper status for its Nominations in excess of Exempt Volumes, if any.
Notwithstanding Article 11.2, if Transporter permits a Firm Shipper to revise Shipper’s Nomination under this Article 11.3 then the sum of (1) such revised Shipper’s Nomination, (2) Fuel Requirement, and (3) U.S. Fuel Requirement shall become Shipper’s Authorized Volume.
Each Firm Shipper shall be allocated, by way of deduction from the Monthly Bill otherwise payable by such Shipper for the Month following the Month for which the aggregate Interruptible Revenue Credit has been determined, a pro rata share of the aggregate Interruptible Revenue Credit determined based on Transporter’s Contracted Capacities as at the first day of the Month for which the aggregate Interruptible Revenue Credit has been determined.
The Historical Shipment Status for a Firm Shipper shall for any and every proration month, be equal to the greater of (a) the average of all Shipments (on a Bpd basis and including all shipments under its firm capacity, non-firm capacity and uncommitted capacity) by such Firm Shipper during the applicable Base Period, and (b) the average of such Firm Shipper’s Monthly Volume Commitment for each month during the applicable Base Period.
If a Firm Shipper nominates Crude Petroleum in excess of the above amount, then the excess incremental volume shall be subject to proration under Section C(5) and Section C(6) below.
Each Firm Shipper will be allocated a volume (on a Bpd basis averaged over the month of allocation) equal to the Daily Volume Commitment as set forth in such Firm Shipper’s Commitment Agreement.
The Historical Shipment Status for an Anchor Firm Shipper or Firm Shipper shall, for any and every proration month, be equal to the greater of (a) the average of all Shipments (on a Bpd basis and including all Shipments under its firm capacity, non-firm capacity and uncommitted capacity) by such Anchor Firm Shipper or Firm Shipper during the applicable Base Period, and (b) the average of such Anchor Firm Shipper’s or Firm Shipper’s Monthly Volume Commitment for each month during the applicable Base Period.
Once capacity has been awarded, in accordance with this Statement of Operating Conditions, an Interruptible Shipper will not be interrupted during the Month due to a change in available capacity caused by a nomination of other Interruptible Shippers; provided however, that Interruptible Shippers are subject to being interrupted if a Firm Shipper submits a revised nomination pursuant to Section 8.1 of this Statement of Operating Conditions.