Examples of TGSA in a sentence
Carrier shall have a lien on all Crude Petroleum delivered to and in the possession of Carrier to secure the payment of any and all charges and fees owed to Carrier by Shipper, whether under this tariff, a TGSA if applicable, or any other agreement, including but not limited to, transportation fees, Deficiency Payments, penalties, interest and late payment charges.
In order to qualify for the 5 Year Term Committed Rate, a Committed Shipper must have entered into a TGSA with Carrier during the Open Season, with such TGSA having a minimum term of 5 years following the In-Service Date.
However, following the expiration of a Committed Shipper’s TGSA, such Committed Shipper’s Line Fill shall be returned to Committed Shipper pursuant to the provisions set forth in subpart (C) of this Item 13.
In order to qualify for the 12 Year Term Committed Rate, a Committed Shipper must be an Acreage Dedication Shipper and have entered into a TGSA with Carrier during the Open Season, with such TGSA having a term of 12 years following the In-Service Date.
In order to qualify for the 3 Year Term Committed Rate, a Committed Shipper must have entered into a TGSA with Carrier during the Open Season, with such TGSA having a minimum term of 3 years following the In-Service Date.
Any such reduction shall not relieve any VC Shipper of its obligation to pay Deficiency Payments pursuant to Item 15(B) and the VC Shipper’s TGSA.
However, overall, because of the attainment of the HIPC Initiative completion point, in particular, the performance of the borrower over the 1996-2004 period is considered satisfactory.
In order to qualify for the 10 Year Term Committed Rate, a Committed Shipper must have entered into a TGSA with Carrier during the Open Season, with such TGSA having a term of at least 10 years or greater following the In-Service Date.
A Committed Shipper’s use of a Third Party Shipper shall be governed by the provisions set forth in such Committed Shipper’s TGSA.
For the avoidance of doubt, a Committed Shipper shall be prohibited from utilizing a Third Party Shipper until such time as the Third Party Shipper has executed a Transportation Services Agreement with Carrier, a form of which is attached to the Committed Shipper’s TGSA.