Charges for Imbalances Sample Clauses

Charges for Imbalances. (a) The charges for Imbalances for a Service on any Day applicable for the Firm Forward Haulage Service, the Firm Backhaul Haulage Service, the As-Available Forward Haulage Service and the As-Available Backhaul Haulage Service are calculated in accordance with clauses 8.7(b), 8.7(c), 8.7(d) and 8.7(e) and for any Premium Park Service or Other Service, the charges for Imbalances on any Day applicable for that Premium Park Service or Other Service will be as specified in the Annexure for that Premium Park Service or Other Service (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, the Imbalance Charge will be the greater of: (i) if at the end of any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) has for that Day and the immediately preceding three (3) consecutive Days exceeded 10% of the sum of the Operational MDQs for each Path under that Service, the Shipper is required to pay to the Service Providers an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service, for Area 1 to Area 3 haulage, applied for each GJ by which the Cumulative Imbalance is greater than 10% of the sum of the Operational MDQs for each Path under the Service for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the Operational MDQs for each Path under that Service; and (ii) if at the end of any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) exceeds 15% of the sum of the Operational MDQs for each Path under that Service, the Shipper will pay to the Service Providers an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service for Area 1 to Area 3 haulage applied for each Day for each GJ by which the Cumulative Imbalance is greater than 15% of the sum of the Operational MDQs for each Path under that Service. (c) In respect of an As-Available Forward Haulage Service, if at the end of any Day the Shipper's Cumulative Imbalance (whether a positive or negative, but expressed as an absolute value) exceeds 15% of the most recent Confirmed Delivery Nomination, or the sum of the most recent Confirmed Delivery Nominations (if more than one), for that Path under that Service, the Shipper is required to pay to the Service Providers an Imbalance Charge calculated as 40% of the Reference Tariff for the As-Available Forward Haulage Service, for Area 1 to A...
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Charges for Imbalances. (a) The charges for Imbalances for a Zone on any Day applicable for the Firm Forward Haulage Service are calculated in accordance with clause 9.7(b) (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, the Imbalance Charge will be the greater of: (i) if on any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) at a Receipt Point has for the immediately preceding three (3) consecutive Days exceeded 10% of the sum of the MDQs supplied from the Receipt Point under this document, the Shipper is required to pay to the Service Providers an Imbalance Charge of 30% of the then current Reference Tariff for the Firm Forward Haulage Service for Zone 1 to Zone 3 haulage, applied for each GJ in excess of 10% of the sum of those MDQs for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the MDQs; and (ii) on any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) at a Receipt Point exceeds 15% of the sum of the MDQs supplied from that Receipt Point under this document, the Shipper will pay to the Service Providers an Imbalance Charge of 30% of the then current Reference Tariff for the Firm Forward Haulage Service for Zone 1 to Zone 3 haulage, applied for each Day for each GJ in excess of 15% of the sum of those MDQs.
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Charges for Imbalances. (a) The charges for Imbalances for a Service on any Day applicable for the Firm Forward Haulage Service and are calculated in accordance with clause 8.7(b) (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, the Imbalance Charge will be the greater of: (i) If, at the end of any Day, the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) has for that Day and the immediately preceding three (3) consecutive Days exceeded 10% of the sum of the Operational MDQs for each Service, the Shipper is required to pay to the Service Provider an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service applied for each GJ by which the Cumulative Imbalance is greater than 10% of the sum of the Operational MDQs for each Service for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the Operational MDQs for each Service; and (ii) if, at the end of any Day, the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) exceeds 15% of the sum of the Operational MDQs for each Service, the Shipper will pay to the Service Provider an Imbalance Charge calculated as 40% of the Reference Tariff for the Firm Forward Haulage Service applied for each Day for each GJ by which the Cumulative Imbalance is greater than 15% of the sum of the Operational MDQs for each Service.
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Charges for Imbalances. The charges for Imbalances on any Day applicable for Firm Gas Transportation Services, Backhaul Services and As Available Gas Transportation Services are calculated in accordance with clauses 9.6(b) and 9.6(c) (‘Imbalance Charge’).
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Charges for Imbalances. (a) The charges for Imbalances for a Zone on any Day applicable for the Firm Forward Haulage Service, the As-Available Forward Haulage Service and the As-Available Backhaul Haulage Service are calculated by reference to the rates set out in the Annexure applicable to the relevant service and applied in accordance with clauses 8.8(b), 8.8(c) and 8.8(d) (Imbalance Charge). (b) In respect of a Firm Forward Haulage Service, if on any Day the Shipper's Cumulative Imbalance (whether a positive or a negative, but expressed as an absolute value) for a Zone exceeds 5% of the Zonal MDQ, then the Shipper will pay to the Service Provider the Imbalance Charge, applied for each Day for each GJ in excess of 5% of the Zonal MDQ. (c) In respect of an As-Available Forward Haulage Service, if on any Day the Shipper's Cumulative Imbalance (whether a positive or negative, but expressed as an absolute value) at a Receipt Point exceeds 5% of the sum of the Confirmed Delivery Nomination supplied from that Receipt Point under this document, then the Shipper is required to pay to the Service Provider the Imbalance Charge; applied for each Day for each GJ in excess of 5% of the sum of the Confirmed Delivery Nominations. (d) In respect of an As-Available Backhaul Haulage Service, if on any Day the Shipper's Cumulative Imbalance (whether a positive or negative, but expressed as an absolute value) at a Receipt Point exceeds 5% of the sum of the Confirmed Delivery Nomination supplied from that Receipt Point under this document, then the Shipper is required to pay to the Service Provider the Imbalance Charge, applied for each Day for each GJ in excess of 5% of the sum of the Confirmed Delivery Nominations.
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Related to Charges for Imbalances

  • Gas Imbalances As of the Closing Date, except as set forth on Schedule 7.24 or on the most recent certificate delivered pursuant to Section 8.07(c), on a net basis there are no gas imbalances, take or pay or other prepayments with respect to any of the Obligors’ Oil and Gas Properties which would require any such Obligors to deliver, in the aggregate, five percent (5%) or more of the monthly production of Hydrocarbons produced from their Oil and Gas Properties at some future time without then or thereafter receiving fall payment therefor.

  • Imbalances The parties hereto recognize that with respect to Section 2.01, on any Day, receipts of gas by Union and deliveries of gas by Union may not always be exactly equal, but each party shall cooperate with the other in order to balance as nearly as possible the quantities transacted on a daily basis, and any imbalances arising shall be allocated to the Facilitating Agreements and shall be subject to the respective terms and charges contained therein, and shall be resolved in a timely manner.

  • Indirect Taxes All payments are exclusive of value added taxes, sales taxes, consumption taxes and other similar taxes (the “Indirect Taxes”). If any Indirect Taxes are chargeable in respect of any payments, the paying Party shall pay such Indirect Taxes at the applicable rate in respect of such payments following receipt, where applicable, of an Indirect Taxes invoice in the appropriate form issued by the receiving Party in respect of those payments. The Parties shall issue invoices for all amounts payable under this Agreement consistent with Indirect Tax requirements and irrespective of whether the sums may be netted for settlement purposes. If the Indirect Taxes originally paid or otherwise borne by the paying Party are in whole or in part subsequently determined not to have been chargeable, all necessary steps will be taken by the receiving Party to receive a refund of these undue Indirect Taxes from the applicable governmental authority or other fiscal authority and any amount of undue Indirect Taxes repaid by such authority to the receiving Party will be transferred to the paying Party within forty-five (45) days of receipt.

  • Outages and Interruptions Outages.

  • Compensation for Damages or Losses When investments by investors of either Contracting Party suffer damages or losses owing to war, armed conflict, a state of national emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party a treatment, as regards compensation or other settlement, not less favourable than that accorded to its own investors or to investors of any Third State.