Firm Shipper definition

Firm Shipper means a shipper that enters into a Transportation Service Agreement and is eligible to receive Firm Service.
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Firm Shipper means a Committed Shipper that, pursuant to the terms of its TSA, has elected to pay the applicable Firm Rate for a particular Proration Month(s) in exchange for Committed Firm Service for quantities up to the Committed Volume or Shipper MDQ, as applicable.
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Firm Shipper means a shipper that elects to enter into a Commitment Agreement with Carrier for firm capacity (i.e. pipeline capacity that is only subject to proration in the event of force majeure or any operational disruption) in connection with an open season for Additional Capacity.
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Examples of Firm Shipper in a sentence

  • Anchor Shipper, Firm Shipper, New Shipper, and Regular Shipper allocations may not be assigned, conveyed, loaned, or transferred to any shipper other than the shipper assigned such allocation by Carrier.

  • The shipment history for each Committed Firm Shipper during each month of the Base Period shall be calculated as the greater of (i) Deliveries, or (ii) Committed Volume or Shipper MDQ, as applicable.

  • A Committed Firm Shipper shall have Regular Shipper status for its Nominations in excess of Exempt Volumes, if any.

  • Notwithstanding Article 11.2, if Transporter permits a Firm Shipper to revise Shipper’s Nomination under this Article 11.3 then the sum of (1) such revised Shipper’s Nomination, (2) Fuel Requirement, and (3) U.S. Fuel Requirement shall become Shipper’s Authorized Volume.

  • Each Firm Shipper shall be allocated, by way of deduction from the Monthly Bill otherwise payable by such Shipper for the Month following the Month for which the aggregate Interruptible Revenue Credit has been determined, a pro rata share of the aggregate Interruptible Revenue Credit determined based on Transporter’s Contracted Capacities as at the first day of the Month for which the aggregate Interruptible Revenue Credit has been determined.

  • The Historical Shipment Status for a Firm Shipper shall for any and every proration month, be equal to the greater of (a) the average of all Shipments (on a Bpd basis and including all shipments under its firm capacity, non-firm capacity and uncommitted capacity) by such Firm Shipper during the applicable Base Period, and (b) the average of such Firm Shipper’s Monthly Volume Commitment for each month during the applicable Base Period.

  • If a Firm Shipper nominates Crude Petroleum in excess of the above amount, then the excess incremental volume shall be subject to proration under Section C(5) and Section C(6) below.

  • Each Firm Shipper will be allocated a volume (on a Bpd basis averaged over the month of allocation) equal to the Daily Volume Commitment as set forth in such Firm Shipper’s Commitment Agreement.

  • The Historical Shipment Status for an Anchor Firm Shipper or Firm Shipper shall, for any and every proration month, be equal to the greater of (a) the average of all Shipments (on a Bpd basis and including all Shipments under its firm capacity, non-firm capacity and uncommitted capacity) by such Anchor Firm Shipper or Firm Shipper during the applicable Base Period, and (b) the average of such Anchor Firm Shipper’s or Firm Shipper’s Monthly Volume Commitment for each month during the applicable Base Period.

  • Once capacity has been awarded, in accordance with this Statement of Operating Conditions, an Interruptible Shipper will not be interrupted during the Month due to a change in available capacity caused by a nomination of other Interruptible Shippers; provided however, that Interruptible Shippers are subject to being interrupted if a Firm Shipper submits a revised nomination pursuant to Section 8.1 of this Statement of Operating Conditions.


More Definitions of Firm Shipper

Firm Shipper means a Shipper with Priority Access Capacity to the extent such Shipper tenders Oil Products in amounts not greater than such Shipper's Priority Access Capacity.
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Firm Shipper means any shipper with a fully-executed TSA for Tier 1 firm pipeline capacity (i.e., pipeline capacity that is only subject to proration in the event of force majeure or other operational disruption).
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Firm Shipper means a shipper that elects to enter into a TSA with Carrier for firm capacity (i.e. pipeline capacity that is only subject to proration in the event of force majeure or any operational disruption) in connection with the open season that commenced in July 2019 or an open season for Additional Capacity.
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Firm Shipper means a shipper that elects to enter into a TSA with Carrier for firm capacity (i.e., pipeline capacity that is only subject to proration in the event of force majeure or any operational disruption) in connection with an open season for Additional Capacity. [N] “Firm Daily Volume Commitment” shall mean the portion of a Firm Shipper’s Daily Volume Commitment which is subject to firm service as set forth in its TSA.
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Related to Firm Shipper

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

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

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

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Producers means all LBMs, MGAs, brokers, agents, general agents, COLI specialty brokers, broker-dealers, producers or other Persons who market or produce the Policies and who (a) have been appointed by the Company, and (b) are entitled to receive Commissions from the Company.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • 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.

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

  • ro-ro passenger ship means a passenger ship with ro-ro spaces or special category spaces as defined in regulation II-2/3.

  • Dock means a fixed or floating structure extending from land out over water, including access walkways, terminal platforms, catwalks, mooring pilings, lifts, davits, and other associated water-dependent structures, used for mooring and accessing vessels.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

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

  • storage vessel means a pressure vessel as defined in the Regulations for Pressure Vessels made under the Occupational Health and Safety Act;

  • Underwriters has the meaning set forth in the Underwriting Agreement.

  • Producer means any broker, insurance producer, agent, general agent, managing general agent, master broker agency, broker general agency, financial specialist or other Person, including any employee of the Ceding Company or its Affiliates, responsible for writing, marketing, producing, selling or soliciting Reinsured Contracts.

  • LNG means liquefied natural gas.

  • Ethanol means a high octane gasoline blend stock that is used to make various grades of gasoline.

  • Delivery Day means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and demands by giving notice of the change in the manner provided in this provision.

  • Shippers means the party or parties who agrees with Carrier for transportation of Petroleum.