Common use of Capacity Allocation Clause in Contracts

Capacity Allocation. (a) When pursuant to nominations hereunder, there shall be offered to Transporter more Crude Petroleum than can be immediately gathered and/or transported, the gathering and/or transportation shall be apportioned among all Shippers by Transporter on a just and reasonable basis.

Appears in 2 contracts

Sources: Transportation Agreement, Transportation Agreement (Energy XXI LTD)