Incentive Shipper definition

Incentive Shipper means a Shipper that enters in to a TSA with a T&D Obligation to ship an aggregate amount of Barrels of Natural Gas Liquids, including Barrels shipped under Carrier’s current TXRRC tariff series No 1, that will result in an aggregate fee equal to or greater than $42MM / year for a one (1) year term, beginning on or before November 1 of the current year. The program expires October 31 of the subsequent year.
Incentive Shipper means a Shipper with which Carrier has executed a Throughput and Deficiency Agreement for transportation service on all or part of the System.
Incentive Shipper means a Shipper that is a party to a TSA with a T&D Obligation.

Examples of Incentive Shipper in a sentence

  • After Carrier’s receipt of such notice, Carrier and Shipper shall promptly work in good faith to resolve the dispute.Carrier will invoice an Incentive Shipper for any deficiency fees or other monies due under a Throughput and Deficiency Agreement in accordance with the Throughput and Deficiency Agreement.


More Definitions of Incentive Shipper

Incentive Shipper means a Shipper that is a party to a TSA.
Incentive Shipper means a Shipper that is a party to a Throughput and Deficiency Agreement.
Incentive Shipper has the meaning set out in Item No. 21 of this Tariff.
Incentive Shipper means any Shipper who has executed a transportation agreement that has a
Incentive Shipper means a Shipper that is a party to a TSA with a T&D Obligation and fifteen

Related to Incentive Shipper

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Incentive Plan means any plan providing compensation that depends on achieving certain performance goals or similar conditions within a specified period;