Priority Shipper definition

Priority Shipper means a Shipper with which Gatherer has executed a COGA for Priority Service on the Gathering System and such COGA provides for: (i) a minimum term and (ii) Shipper has committed (A) to deliver a specified minimum volume of Crude Oil to the Gathering System pursuant to such COGA; (B) to a minimum acreage dedication of all Crude Oil produced from a minimum number of acres pursuant to such Priority Shipper’s COGA; or (C) to deliver all Crude Oil owned or controlled by such shipper within a given area that is reasonably expected to include an equivalent volume of Crude Oil as the minimum acreage dedication agreed to in (B), in accordance with the terms of an applicable COGA.
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Priority Shipper means a Shipper with which Gatherer has executed a COGA for Priority Service on the Gathering System and such COGA provides for a term of at least ten (10) years and either
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Priority Shipper means either an Acreage Dedication Shipper, a Plant Dedication Shipper, or a VC Shipper.
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Examples of Priority Shipper in a sentence

  • Shipper qualifies as a Priority Shipper and as such, Carrier agrees to have available Pipeline Capacity to receive and transport one hundred percent (100%) of Shipper’s Deemed Volume Commitment.

  • Pursuant to the terms of a Priority Shipper’s COGA, Gatherer may temporarily suspend such Shipper’s right to be treated as a Priority Shipper for purposes of this Item 7 during the occurrence of a default of the COGA by such Shipper.

  • This most favored nations provision shall apply regardless of: (i) whether the rates offered to the other Third Party Shipper are for intrastate or interstate service; (ii) the classification of the Third Party Shipper offered the lower rates (e.g., Priority Shipper or otherwise); (iii) the duration of the term for the Third Party Shipper; or (iv) the maximum delivery quantity to which the Third Party Shipper has agreed or the acreage that the Third Party Shipper has dedicated.

  • If a Priority Shipper Nominates volumes in excess of its Monthly Committed Volume, then the excess incremental volumes shall be subject to prorationing under Item 7(E) below.

  • Gatherer will reduce the allocations of System Capacity to each Priority Shipper affected by such Force Majeure event by the same percentage as the reduction in capacity of the affected portion of the Gathering System or the reduction in receipt or delivery capability of the affected Receipt Point or Delivery Point, respectively and as applicable.


More Definitions of Priority Shipper

Priority Shipper means a Shipper that has executed and has an effective TSA(s) with Carrier pursuant to which such Shipper has made a specified dedication for transportation of Raw Make on the System.
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Priority Shipper means a Shipper with which Gatherer has executed a COGA for Priority Service on the Gathering System pursuant to the open season(s) held by Gatherer and such COGA provides for a term of at least ten (10) years and either (i) a commitment to deliver a specified volume of Crude Oil on the Gathering System of at least 2,000 Barrels per day, or (ii)
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Priority Shipper means a Shipper with which Gatherer has executed a COGA for Priority Service on the Gathering System and such COGA provides for a term of at least ten (10) years and either (i) a commitment to deliver a specified volume of Crude Oil on the Gathering System of at least 2,000 Barrels per day, or (ii) with respect to a Priority Shipper that has not committed to deliver a specified volume of Crude Oil, but has made an acreage dedication pursuant to such Priority Shipper’s COGA, an acreage dedication covering at least 2,000 net acres of lands located in Winkler County, Texas, Loving County, Texas.
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Priority Shipper means a Shipper with which Carrier has executed a Transportation Services Agreement that includes a term of at least ten (10) Years and, upon the effective date of any such Transportation Services Agreement, a dedication of:
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Priority Shipper means a Shipper that is party to a Priority Access Agreement.
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Priority Shipper means Shipper and any other Shipper whose COGA provides for a term of at least ten (10) years and either (i) a commitment to deliver a specified volume of Crude Oil on the Gathering System of at least 2,000 BPD, or (ii) with respect to a Priority Shipper that has not committed to deliver a specified volume of Crude Oil, but has made an acreage dedication pursuant to such Priority Shipper’s COGA, a dedication of Interests covering at least 2,000 net acres of lands located in Xxxxxxx County, Texas, Loving County, Texas and/or Lea County, New Mexico. “Project Deadline” shall have the meaning given to such term in Section 4.5(a) of this Agreement. “Receipt Point” shall mean, a point where the custody and control of Shipper Crude Oil transfers from Shipper to Gatherer located at the inlet flange of Gatherer’s LACT through which such Shipper Crude Oil flows into the Gathering System. “Services” shall mean receipt, gathering and transportation on the Gathering System of Crude Oil for Shipper’s account from the Receipt Point(s) and delivery to the Delivery Point(s) specified in Shipper’s Nomination, together with all other services to be provided by Gatherer as contemplated in this Agreement. “Shipper” shall have the meaning given to such term in the preamble of this Agreement. “Shipper Crude Oil” shall have the meaning given to such term in Section 3.1 of this Agreement. “Shipper Default” shall have the meaning given to such term in Section 19.1 of this Agreement. “Shipper Default Notice” shall have the meaning given to such term in Section 19.2 of this Agreement. “Shipper Indemnified Party” means Shipper and its Affiliates, and all of its and their respective equityholders, partners, members, directors, officers, managers, employees, agents and representatives. “Shipper’s Maximum Daily Quantity” or “MDQ” shall mean, with respect to any Contract Year, the volume of Crude Oil (expressed in BPD) set forth for such Contract Year in the table captioned “MDQ” in Exhibit B attached hereto, for which Shipper shall receive Priority Service as set forth in Section 6.2 hereof. With respect to any Contract Year beginning on or after the fourth (4th) anniversary of the Commencement Date, Gatherer shall have the option, by delivering written notice to Shipper on or before the date that is thirty (30) Days prior to the start of any such Contract Year, to reduce Shipper’s Maximum Daily Quantity for such Contract Year to an amount equal to the lesser of (x) the MDQ that was in e...
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Priority Shipper means a Shipper with which Gatherer has executed a COGA for Priority Service on the Gathering System pursuant to the open season(s) held by Gatherer and such 4
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