Balancing Service Clause Samples
Balancing Service. Enbridge and Shipper recognize that on any Day the receipt of gas by ▇▇▇▇▇▇▇▇ and the delivery of gas by Enbridge may not always be exactly equal. The difference between the Pool Quantity and Authorized Quantity will be handled as though it was delivered to or received from Enbridge at ▇▇▇▇ under the Facilitating Agreement. ▇▇▇▇▇▇▇ further acknowledges that it is impractical for Shipper to nominate the Pool Quantity. Enbridge shall calculate the Pool Quantity on a post-flow basis.
Balancing Service. Buyer accepts the balancing services set forth in the applicable Utility Service Rate Schedules and Riders during the term of this Agreement so that any positive or negative imbalances can be liquidated during a balancing period.
Balancing Service. Seller agrees to monitor and review all information provided to the Seller by Buyer and utility regarding Buyer’s daily usage of gas. Based on such information, Seller shall, on a continuous basis, select the appropriate Daily Nomination Quantity (“DNQ”), and shall make daily nomination adjustments necessary to deliver the DNQ requested by Buyer. The Seller agrees to indemnify Buyer from all scheduling charges which may be assessed by Buyer’s utility, provided, however, Buyer’s actual usage of gas continues with the same level of predictability and the Buyer continues to communicate with the Seller regarding changes in as consumption. Balancing service does not include indemnification of penalties charged by the Buyer’s utility during a constraint day; However, in the event Seller is negligent with respect to its notification of Buyer, Seller agrees to indemnity Buyer from penalties resulting from the failure of notification. Balancing Service price is [*]. Price may be automatically adjusted by Seller to reflect costs associated with any law, statute, or regulation, or any governmental permit or approval that has been modified, changed, replaced, supplemented or conditioned in a manner that adversely affects the economic benefits originally * Portions omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission. intended to accrue to the Seller under this Agreement. Prior to making any adjustment, Seller agrees to provide Buyer with a copy of the particular change responsible for the adjustment.
Balancing Service. This service provides balancing equivalent to the difference between the Customer’s daily confirmed nominations and the daily delivered volumes.