Receipt Quantities definition
Examples of Receipt Quantities in a sentence
Any imbalance created when the Receipt Quantities are different than the Delivered Quantities will be the “Imbalance,” which will be the responsibility of the Parties to eliminate pursuant to this Exhibit D.
In this regard, the Parties’ gas marketing operations and scheduling personnel will be in contact each business day, or more frequently if needed, in order to balance Receipt Quantities of gas with Delivered Quantities of gas to the greatest extent feasible.
Differences at a receipt point shall be allocated (1) in accordance with the provisions of an OBA, if an OBA covers such point; or (2) pro rata among all Shippers at that receipt point on the basis of the Scheduled Daily Receipt Quantities, unless the upstream interconnecting operator providing the point confirmation submits a PDA to the allocating party before the start of the Gas Day, and Transporter accepts the PDA.
This Section specifies the procedures for allocating any differences between (i) the aggregate of all Shippers' Scheduled Daily Delivery Quantities and actual deliveries, and (ii) the aggregate of all Shippers' Scheduled Daily Receipt Quantities and actual receipts (Difference(s)) at delivery points at which gas is being delivered to or for the account of multiple Shippers or at receipt points from which gas is being received by Transporter for the account of multiple Shippers.
Except as otherwise provided in this Agreement, on a Day for which there is one or more Scheduled Receipt Quantities, Service Provider will accept from User at the nominated Receipt Point(s) the quantity of Gas supplied by User up to the Scheduled Receipt Quantity(ies) plus any System Use Gas and the Imbalance Correction Quantity.
Except as otherwise provided in this Agreement, on a Day for which there are one or more Scheduled Receipt Quantities, Service Provider will accept from User at the nominated Receipt Point(s) the quantity of Gas supplied by User up to the Scheduled Receipt Quantity(ies) plus any System Use Gas and the Imbalance Correction Quantity.
It is provided, however, that any such change to Exhibit A or Exhibit B must include corresponding changes to the existing Maximum Daily Receipt Quantities or Maximum Daily Delivery Quantities, respectively, such that the sum of the changed Maximum Daily Receipt Quantities equals the Transportation Demand and the sum of the Maximum Daily Delivery Quantities equals the Transportation Demand.
Receipt Quantities Tendered must be ------------------------ sufficient to operate Transporter's facilities.
It is provided, however, that any such change to Exhibit A or Exhibit B must include corresponding changes to the existing Maximum Daily Receipt Quantities or Maximum Daily Delivery Quantities, respectively, such that the sum of the changed Maximum Daily Receipt Quantities-shall not exceed the Transportation Demand and the sum of the Maximum Daily Delivery Quantities equals the Transportation Demand.
It is provided, however, that any such change to Exhibit A or Exhibit B must include corresponding changes to the existing Maximum Daily Receipt Quantities or Maximum Daily Delivery Quantities, respectively, such that the sum of the changed Maximum Daily Receipt Quantities shall not exceed the Transportation Demand and the sum of the Maximum Daily Delivery Quantities equals the Transportation Demand.