Parking Point(s) definition

Parking Point(s) means the point or points on Transporter's system that Transporter has designated for the purpose of parking Natural Gas pursuant to Rate Schedule PAL.
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Examples of Parking Point(s) in a sentence

  • On the Commencement Date and each day thereafter on which Shipper and Transporter schedule Parking service and subject to the interruption of service by Transporter in accordance with this Contract and Transporter's Tariff, (i) Shipper shall cause the Parked Quantity to be delivered to Transporter at the Parking Point(s) and (ii) Transporter shall hold the Parked Quantity for Shippers Account and, upon scheduling, return any Parked Quantities to or on behalf of Shipper at the Parking Point(s).

  • From time to time Shipper may request Transporter to provide a Parking service for quantities of Gas from or for the account of Shipper at the Parking Points and to return such Gas to Shipper to the Parking Points.

  • Sea ▇▇▇▇▇ agrees to receive for the Parking account of Shipper and park, on an interruptible and capacity available basis, quantities of Natural Gas at any specified Parking Point(s) on the Master Parking Point List up to the maximum Parked Quantity as follows: Maximum Parked Quantity Dth At no time shall Shipper's quantity parked exceed its maximum Parked Quantity, unless otherwise agreed.

  • Shipper shall pay Transporter a fee equal to the Maximum Rate for each MMBtu of Gas received from Transporter for Parking hereunder at the Parking Points ("Parking Fee") during a Month.