FT Rate definition

FT Rate means the FT Rate in the Table of Effective Rates which has been set by the Company for service under Rate Schedule FT, Firm Transportation Service.
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FT Rate means, on any date, the rate published by the Financial Times (or any successor of it) as the preceding Business Day’s London Inter Bank Offer Rate for deposits in the currency of the relevant Loan and for a period of one month.
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Examples of FT Rate in a sentence

  • For purposes of Section 2.8 of the FT Rate Schedule, Shipper’s transportation path and the eligible receipt and delivery points along such path are as follows: See Exhibit A.

  • Customer may be required to pay or cause Texas Gas to be paid for the installed cost of any new facilities required as contained in Sections 1.3, 1.4, and 1.5 of Texas Gas's FT Rate Schedule.

  • For transportation service during any Extended Term, the reservation component of the rate will be priced (i) at the lower of the Negotiated Rate set forth in Schedule 1 attached hereto, or (ii) the maximum applicable system recourse rates, and all other rate components, surcharges, and additional applicable charges set forth in PNGTS’ FT Rate Schedule, as may be amended from time to time, shall remain unchanged.

  • For transportation service during any Extended Term, the reservation component of the rate will be priced (i) at the lower of the Negotiated Daily Demand Rate set forth in Schedule 1 attached hereto, or (ii) the maximum applicable system recourse rates, and all other rate components, surcharges, and additional applicable charges set forth in PNGTS’ FT Rate Schedule, as may be amended from time to time, shall remain unchanged.

  • Buyer has been assigned all National's capacity previously provided under FT Rate Schedule Contract #0.3698, and agrees to such assignment and assumes National's obligations pursuant to the Service Agreement and Seller's FT Rate Schedule of Vol.

  • Customer may be required to pay or cause Texas Gas to be paid for the installed cost of any new facilities required as contained in Sections 1.3, 1.4 and 1.5 of Texas Gas's FT Rate Schedule.

  • The rate used in calculating Shipper’s monthly bill for Service under Rate Schedule STFT, Short Term Firm Transportation Service is the FT Rate in Zone 8 or Zone 9 as applicable.

  • Buyer has been assigned a portion of Columbia's capacity previously provided under the Transportation Agreement dated October 1, 1987 (System Contract 0.2256), and agrees to such assignment and assumes Columbia's obligations pursuant to the Service Agreement and Seller's FT Rate Schedule of Vol.

  • Buyer has been assigned a portion of Columbia's capacity previously provided under the FT Rate Schedule Service Agreement dated February 1, 1992 (System Contract 0.3167), and agrees to such assignment and assumes Columbia's obligations pursuant to the Service Agreement and Seller's FT Rate Schedule of Vol.

  • Subject to the provisions of Transporter’s FT Rate Schedule, Transporter agrees to receive for Shipper’s account for transportation up to the following quantities of natural gas: Contract Maximum Daily Quantity (MDQ) of Dekatherms (Dth) [Any differing levels of Contract MDQ, and the corresponding applicable time periods, pursuant to Section 2.12 of the FT Rate Schedule, shall appear at this point].