Term Shipper definition

Term Shipper means a Shipper that is a party to a Contract.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Term Shipper means a Committed Shipper and/or an Expansion Shipper.

Term Shipper has the meaning given in the Rules and Regulations.

Examples of Term Shipper in a sentence

• During the Contract Term, Shipper may submit requests to subscribe to LNG Services from Terminal Operator in accordance with the LNG Access Code.

• Subject to Article 11 and all applicable Laws, each Day during the Term, Shipper shall Tender to the Gathering System at each applicable Receipt Point all of the Dedicated Production available to Shipper at such Receipt Point.

• Subject to Article 14 and all applicable Laws, each Day during the Term Shipper shall Tender to the Gathering System at each applicable Receipt Point all of the Dedicated Production available to Shipper at such Receipt Point up to the applicable capacity of such Receipt Point.

• At any time during the Term, Shipper can request that Gatherer provide Additional Services or construct Additional Interconnections under this Agreement.

• During the Term, Shipper may install and operate programmable logic controllers (each a “PLC” and collectively the “PLCs”) upstream of Gatherer’s Measurement Facilities at the Receipt Points: (i) at Shipper’s sole risk and expense; (ii) in a manner that does not interfere with Gatherer’s operations or measurement on each Well site; and (iii) in compliance with all industry requirements.

• Each month during the Term, Shipper shall be responsible for Shipper’s proportionate share of all Fuel.

• For each Quarter during the Term, Shipper shall be obligated to Tender for delivery into each Subsystem a minimum volume of Shipper Crude Oil (each such minimum amount with respect to each Subsystem, a “Minimum Volume Commitment” or “MVC”).

• During the Contract Term, Shipper may submit requests to subscribe to LNG Redelivery Services from Terminal Operator in accordance with the LNG Access Code.

• In addition to the rates applicable to Shipper's Extended Term, Shipper shall pay all surcharges applicable to Rate Schedule FTS that are set forth in the Tariff, without exception, as those surcharges may be amended, added or modified from time to time.

• By December 30, 2016, and within 60 days of the end of each successive calendar quarter during the Term, Shipper shall provide its written calculation of Total Initial Shipper Transfer Acres to Gatherer as of (i) the Execution Date, with respect to the first such calculation and (ii) the end of such calendar quarter, with respect to each successive calculation, which shall include sufficient detail as is reasonably satisfactory to Gatherer to support such calculation.

More Definitions of Term Shipper

Term Shipper means a Person who, as the context requires: (i) has executed a precedent agreement with Transporter and will, subject to the satisfaction of certain conditions precedent set forth in such respective precedent agreement, execute and deliver a TSA; or (ii) has executed and delivered a TSA to the Transporter, and “Term Shippers” means all such Persons, and, where the context requires, includes the Shipper;

Term Shipper. " means the Party indicated as such on page 1 hereof;

Term Shipper means a Shipper that has committed to transporting, or paying for the transportation of, certain minimum volumes of Crude Petroleum pursuant to the terms of a TSA entered into with the Carrier.

Term Shipper means a Shipper that is a party to a Contract. “Terminalling Services” has the meaning set out in Section 21.1(viii).