Pooling Service definition

Pooling Service means a service provided by the Company that allows Suppliers to deliver to the Company gas supplies needed to satisfy the usage requirements of the customers of the Supplier’s Pool, all in accordance with the rules established by the Company in this Tariff Sheet and Gas Supply Aggregation/Customer Pooling Agreement.
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Pooling Service is a service provided by the Company that allows Suppliers (marketers, Suppliers, brokers, and producers) to deliver to the Company, on an aggregated basis, those natural gas supplies that are needed to satisfy the full firm requirements of the one, or more, firm transportation customers that comprise the membership of the Supplier's "pool", all in accordance with rules that the Company has established regarding delivery requirements, advancing, banking, billing and payments, bonding, Supplier performance requirements, and other similar requirements for participation as a "Supplier" in the Company’s Firm Transportation Service programs.
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Examples of Pooling Service in a sentence

  • Pool Manager and Customers desire to avail themselves of the Pooling Service offered by Company pursuant to Part 3.23.

  • Pool Operator shall establish and maintain a creditworthy financial position to enable Pool Operator to indemnify the Company for costs incurred as a result of any failure by Pool Operator to deliver gas or pay invoices in accordance with the requirements of the Company's Pooling Service Rate Schedule and this Agreement.

  • In the event Pool Operator elects, or is forced, to terminate its participation in Pooling Service in accordance with the provisions of this Agreement, or in the event of a Default resulting in termination of this Agreement, it shall continue its obligation to maintain its financial security instrument until Company confirms that Pool Operator has satisfied all of the outstanding claims of Company.

  • Pool Operator shall deliver gas to the Company on behalf of the Pool Customers in accordance with the requirements of the Company's Pooling Service Rate Schedule and this Agreement.

  • The term of Pool Operator's continued compliance with the requirements outlined herein for participation in Pooling Service, shall continue in effect for a primary term of twelve (12) months.

  • Company reserves the right to use Pool Operator's assets associated with Pooling Service , including without limitation the Over-Delivery Imbalance Quantity, to offset or recoup any costs owed to and/or incurred by Company.

  • The proceeds from such instruments shall be used to satisfy any outstanding claims that Company may have against Pool Operator, including but not limited to, interstate pipeline capacity charges, imbalance charges, cash- out charges, pipeline penalty charges, reservation charges, and any other amounts owed to Company, for which Company is or will be responsible, related to Pool Operator's participation in Pooling Service.

  • The Company shall determine the amount of additional financial instruments, if any, needed to support a Pool Operator's participation in Pooling Service based on, but not limited to, the financial and other information provided by Pool Operator's anticipated level of Customer participation.

  • To participate in Pooling Service, Pool Operator is subject to all applicable charges, and shall comply with all applicable provisions of Company's Pooling Service Rate Schedule, including the items set out in the Requirements for Pool Operator Participation Section of that Rate Schedule.

  • Company shall ▇▇▇▇ the Pool Operator monthly for all charges or penalties specified in the Company's Pooling Service Rate Schedule.

Related to Pooling Service

  • Pooling Substation/ Pooling Point means a point where more than one Project may connect to a common Transmission System. Multiple Projects can be connected to a pooling substation from where common transmission system shall be constructed and maintained by the WPD(s) to get connected to the ISTS substation. The voltage level for such common line shall be 220 kV or above. Further, the metering of the pooled power shall be done at the injection point, i.e. the ISTS substation. However, the voltage level of transmission system of individual projects up to the pooling substation may be at 33 kV and above. Sub-meters shall be installed at the pooling substation for metering and forecasting and scheduling of individual Projects. The losses in the common transmission system up to the injection point shall be apportioned to the individual Projects for the purpose of billing.

  • Other Pooling and Servicing Agreement With respect to a Serviced Companion Loan or the related Serviced Loan Combination, the pooling and servicing agreement or other comparable agreement governing the creation of any related Other Securitization Trust and the issuance of securities backed by the assets of such Other Securitization Trust, but not the servicing of such Serviced Companion Loan or Serviced Loan Combination or the related Mortgage Loan.

  • Pooling Agreement means the Fifth Amended and Restated Pooling Agreement, dated as of June 28, 2004, among Bunge Funding, Inc., Bunge Management Services, Inc., as servicer, and the Master Trust Trustee, as amended, modified or supplemented from time to time in accordance with its terms, subject to Section 3.02(f) hereof.

  • Pooling and Servicing Agreement The pooling and servicing agreement among Wells Fargo Asset Securities Corporation, as depositor, Wells Fargo ▇▇▇▇, N.A., as master servicer, the Trustee, and, if app▇▇▇▇▇le, the Trust Administrator, relating to the issuance of the Mortgage Pass-Through Certificates.

  • Performing Serviced Mortgage Loan A Serviced Mortgage Loan that is not, and is not part of, a Specially Serviced Loan or REO Loan.