Common use of Charges for Imbalances Clause in Contracts

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.

Charges for Imbalances. (a) The charges for Imbalances for a Zone an Area 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 Operational 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 Area 1 to Zone Area 3 haulage, applied for each GJ in excess of 10% of the sum of those Operational MDQs for each Day until the Cumulative Imbalance is reduced to within 10% of the sum of the Operational 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 Operational 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 Area 1 to Zone Area 3 haulage, applied for each Day for each GJ in excess of 15% of the sum of those Operational MDQs.