Proration Month definition

Proration Month means the month for which capacity is to be allocated under Item 7.

Proration Month means the Month for which capacity on the Pipeline is subject to prorationing under Item No. 65 of this Tariff.

Proration Month means the calendar month which shall begin at seven a.m. on the first day of such month and end at seven a.m. on the first day of the next succeeding month.

Examples of Proration Month in a sentence

• If an event of Force Majeure or other operational issue causes System Capacity to be reduced for the Proration Month, the allocation of System Capacity to each Priority Shipper under this Item 7(C) shall be reduced by the same percentage as the reduction in System Capacity that is caused by the Force Majeure event or operational issue.

• Reduction of an Uncommitted Shipper’s allocation for failure to use its allocated System Capacity during a Proration Month may be waived, in whole or in part, if Gatherer determines that Shipper’s failure to use all or some of its allocated System Capacity was due to a Force Majeure.

• Except as provided in Item 7(H)(2) below, an Uncommitted Shipper that fails to use all of its allocated System Capacity during a Proration Month shall have its allocation of System Capacity reduced in each subsequent Proration Month until the total reductions equal the amount of the deficiency.

• Gatherer will use reasonable efforts to notify each Shipper of its allocation not later than the first working day of the Proration Month.

• Except as provided in Item 7(C)(2), Gatherer shall allocate each Priority Shipper an amount of System Capacity equal to the lesser of the Priority Shipper’s Nomination for the Proration Month or its Monthly Committed Volume.

More Definitions of Proration Month

Proration Month means the month for which capacity is to be allocated under Item 7. “Quality Specifications” has the meaning set forth in Item 3(A).

Proration Month means the calendar month for which capacity is to be allocated under Item No.18 of this tariff.

Proration Month means the Month for which System Capacity is to be allocated in accordance with Item 18.

Proration Month means the calendar month for which capacity is being prorated.

Proration Month means the Month for which capacity is to be allocated in accordance with Item 85.

Proration Month means the month for which capacity on the Gathering System is to be allocated under Item 7.

Proration Month means the month for which capacity on Carrier’s System is subject to prorationing under Item 9 of this tariff.