Operational Balancing Agreement definition

Operational Balancing Agreement or “OBA” means a Primary Allocation Agreement which operates by the principles that:

Operational Balancing Agreement or "OBA" means a contract between two parties which specifies the procedures to manage operating variances at an interconnect.

Operational Balancing Agreement means an agreement between Pipeline and an OBA Party that specifies the procedures to manage variances between scheduled quantities and actual quantities at an interconnection between the parties.

Examples of Operational Balancing Agreement in a sentence

• Appalachian production delivered into NFGSC may be used as a component of Supplier’s GUTC on a year-to-year basis provided that such production has real time measurement and/or an Operational Balancing Agreement ("OBA") with NFGSC.

• Free StreamThe computational domain is taken to be large enough (seven exit radii downstream of anode tip) such that there are no normal gradients in any of the flow properties at the free stream boundaries.Solid WallsThe governing equations require the value of ther- mal conduction between the wall and the plasma to be specified.

• Interruptible Hourly Balancing Service is not intended to serve as an Operational Balancing Agreement to account for hourly deviations between scheduled volumes and volumes actually taken by Customer at its point(s) of delivery on the transporting pipeline(s).

• In addition, Transporter hereby incorporates into this Tariff by reference the model Operational Balancing Agreement approved by NAESB as Standards 6.5.2. 26.

• The calculation of the monthly Shipper imbalances shall depend upon whether there is an Operational Balancing Agreement in effect at the delivery point(s).

More Definitions of Operational Balancing Agreement

Operational Balancing Agreement or “OBA” means an agreement between SGRM and another pipeline operator which specifies the procedures to manage operating variances at an interconnect.

Operational Balancing Agreement or “OBA” means the terms and conditions for the resolution of Gas imbalances incurred on a specific Gas transportation system.

Operational Balancing Agreement. ("OBA") shall mean an agreement

Operational Balancing Agreement or “OBA” shall mean the contractual arrangements between BBL Company and an NNO in which they agree that, subject to certain conditions and within certain limits, the quantities Properly Nominated will be allocated to the respective BBL-Shipper and differences between the sum of all Confirmations and the measured volumes which are attributable to operational constraints on the network operators, may be allocated to a balancing account of the network operators.

Operational Balancing Agreement or “OBA” means an agreement executed between Transporter and an Interconnecting Party which specifies the procedures to manage and resolve operating variances at an interconnect.

Operational Balancing Agreement and “OBA” has the meaning set forth in Section 2.11(B).

Operational Balancing Agreement. ("OBA") shall mean a contract between two parties that specifies the procedures to manage operating variances at an interconnect between the two parties.