VC Shipper definition

VC Shipper means a Committed Shipper that has committed to ship, or make a Deficiency Payment for, a certain daily volume of Barrels of Crude Petroleum on Carrier’s System during the term of the TGSA.
Sample 1Sample 2Sample 3
VC Shipper means a Committed Shipper that has made a Volume Commitment.
Sample 1Sample 2Sample 3
VC Shipper means a Shipper with which Carrier has executed a Transportation Services Agreement that includes a term of at least ten (10) Years and a Volume Commitment of at least 150,000 BPD.
Sample 1Sample 2Sample 3

Examples of VC Shipper in a sentence

  • In order to qualify for the 10 Year Term Committed Rate, a VC Shipper must have entered into a GSA with Carrier, with such GSA having a minimum term of 10 years following the In-Service Date.

  • In order to qualify for the 7 Year Term Committed Rate, a VC Shipper must have entered into a GSA with Carrier, with such GSA having a minimum term of 7 years following the In-Service Date.

  • In the event Carrier refuses to accept Barrels of Crude Oil Nominated or Tendered by a VC Shipper fortransportation under this tariff or a GSA because such Shipper has been (i) in violation of this tariff, or (ii) in material breach of a GSA at the time the Barrels are Nominated or Tendered to Carrier, then no reduction shall be made to a Deficiency Payment if, as a result of such refusal, such VC Shipper fails to ship its Monthly Volume Commitment for such month.

  • In order to qualify for the 5 Year Term Committed Rate, a VC Shipper must have entered into a GSA with Carrier, with such GSA having a minimum term of 5 years following the In-Service Date.


More Definitions of VC Shipper

VC Shipper means a Committed Shipper that has committed to ship a certain daily volume of Barrels of Crude Petroleum on Carrier’s System during the term of a COGA.
Sample 1Sample 2Sample 3
VC Shipper means a Committed Shipper that has committed to ship, or make a Deficiency
Sample 1Sample 2Sample 3

Related to VC Shipper

  • New Shipper means a Shipper that is not a Regular Shipper.

  • Shipper means the party who contracts with Carrier for the transportation of Crude Petroleum under the terms of this tariff.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • cargo ship means any ship which is not a passenger ship;

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • LNG means liquefied natural gas.

  • Charterer means a person, firm, corporation, association, partnership, or other legal entity who contracts for the transportation of passengers and baggage, or goods and/or property from a specified origin to a specified destination, for a particular itinerary, agreed upon in advance.

  • Tanker in relation to chapter 4 means an oil tanker as defined in MARPOL Annex I, regulation 1 or a chemical tanker or an NLS tanker as defined in MARPOL Annex II, regulation 1.

  • Terminal operator means a person who owns, operates, or otherwise controls a terminal.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Producer means the owner of a well or wells capable of producing oil or gas or both.

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Committed Shipper means a Shipper that has contracted for transporting a Committed Volume or otherwise paying the applicable Shortfall Payment, pursuant to the terms of a TSA executed by the Shipper during the open commitment periods that commenced on October 3, 2011, January 4, 2012, and December 21, 2018.

  • Operators means the Access Provider and the Access Seeker collectively.

  • Drop shipment means the sale of a prescription drug to a

  • Warehouse operator means a person engaged in the business of operating or controlling a warehouse for the storing, shipping, handling or processing of agricultural products, but does not include an incidental warehouse operator.

  • Uncommitted Shipper means a Shipper that is not a Committed Shipper.

  • Interconnection Party means a Transmission Provider, Interconnection Customer, or the Interconnected Transmission Owner. Interconnection Parties shall mean all of them.

  • Ship means a vessel of any type whatsoever operating in the marine environment and includes hydrofoil boats, air-cushion vehicles, submersibles, floating craft and fixed or floating platforms.