Common use of Cashing out imbalances at end of Contract Clause in Contracts

Cashing out imbalances at end of Contract. (a) The balancing process prescribed in this clause 9.10 is only to be undertaken at the Capacity End Date. (b) If at the Capacity End Date, the Shipper’s Accumulated Imbalance is a positive number, the Operator is to pay a fair market price to the Shipper for that Gas. (c) If at the Capacity End Date, the Shipper’s Accumulated Imbalance is a negative number, the Shipper is to pay a fair market price to the Operator for that Gas.

Cashing out imbalances at end of Contract. ‌ (a) The balancing process prescribed in this clause 9.10 9.6 is only to be undertaken at the Capacity End Date. (b) If If, at the Capacity End Date, the Shipper’s ▇▇▇▇▇▇▇'s Accumulated Imbalance is is: (i) a positive number, Owner must pay to Shipper the Operator is to Average Fuel Gas Cost for that Gas; (ii) a negative number, Shipper must pay a fair market price to the Shipper Owner the Average Fuel Gas Cost for that Gas. (c) If at the Capacity End Date, the Shipper’s Accumulated Imbalance is a negative number, the Shipper is to pay a fair market price to the Operator for that Gas.