Non-Obligated definition

Non-Obligated means any quantities of Gas that are not committed to be delivered by the Customer on a Firm basis, but which the Company will receive on a Firm basis when delivered by Customer.
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Non-Obligated means any quantities of Gas that are not committed to be delivered by Customer on a Firm basis and which Union will receive on a Firm basis when delivered by Customer.
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Examples of Non-Obligated in a sentence

  • Conversion of a lot or unit from an Obligated Unit to a Non-Obligated Unit and/or from a Non-Obligated Unit to an Obligated Unit will not affect the continuing lien of the Town on the lot or unit pursuant to parts (g) and (h) below, and such lien will survive any such conversion.

  • Each Owner of a lot potentially obligated to make an In Lieu Payments shall certify to the Owners Association upon acquisition of the lot whether the lot will be used fully or partially as an Obligated Unit or exclusively as a Non-Obligated Unit.

  • Conversion of a lot from an Obligated Unit to a Non-Obligated Unit and/or from a Non-Obligated Unit to an Obligated Unit will not affect the continuing lien of the Town on the lot pursuant to parts (g) and (h) below, and such lien will survive any such conversion.

  • The Obligated Party shall indemnify the other party (the "Non-Obligated Party"), on an after-tax-basis, for any taxes, penalties, costs, fees, expenses or losses imposed on or incurred by the Non-obligated Party as a result of the Obligated Party's failure to pay such Transfer Tax.

  • Each Owner of a lot or unit potentially obligated to make an In Lieu Payments shall certify to the Owners Association upon acquisition of the lot or unit whether the lot or unit will be used fully or partially as an Obligated Unit or exclusively as a Non-Obligated Unit.

  • If a lot or unit is converted during a Payment Year from being an exclusively Obligated Unit to being fully or partially used as a Non-Obligated Unit, any taxes paid to the Town as a result of the use of such lot or unit as a Non-Obligated Unit during such Payment Year shall be credited toward payment of the next In Lieu Payment otherwise owing by the Owner of such lot or unit.

  • Any lot contemplated to be used only part time as a Non-Obligated Unit as of commencement of a Payment Year shall pay a full annual In Lieu Payment on the Payment Date and then be entitled to a credit against the next In Lieu Payment owing on such lot, if any, based on taxes paid to the Town as a result of the use of the lot as a Non-Obligated Unit during such Payment Year.

  • If a lot is converted during a Payment Year from being an exclusively Obligated Unit to being fully or partially used as a Non-Obligated Unit, any taxes paid to the Town as a result of the use of such lot as a Non-Obligated Unit during such Payment Year shall be credited toward payment of the next In Lieu Payment otherwise owing by the Owner of such lot.

  • However, I, as a Non-Obligated Owner, am not personally liable for the Secured Debts.

  • Any lot or unit contemplated to be used only part time as a Non- Obligated Unit as of commencement of a Payment Year shall pay a full annual In Lieu Payment on the Payment Date and then be entitled to a credit against the next In Lieu Payment owing on such lot or unit, if any, based on taxes paid to the Town as a result of the use of the lot or unit as a Non-Obligated Unit during such Payment Year.