Cumulative Imbalance. (a) The Service Providers will monitor and record a running total of the Shipper's daily Imbalances, at the end of each Day, for each Zone (Cumulative Imbalance). (b) A positive Cumulative Imbalance will occur if during the relevant period the quantity of Natural Gas delivered under this document at Delivery Points is less than the quantity of Natural Gas received at the Receipt Point (net of System Use Gas for Firm Forward Haulage Services). (c) A negative Cumulative Imbalance occurs if, during the relevant period, the quantity of Natural Gas delivered under this document at Delivery Points is more than the quantity of Natural Gas received at the Receipt Point (net of System Use Gas for Firm Forward Haulage Services).
Appears in 2 contracts
Sources: Gas Transportation Agreement, Gas Transportation Agreement
Cumulative Imbalance. (a) The Service Providers will monitor and record a running total of the Shipper's daily Imbalances, at the end of each Day, for each Zone Area (Cumulative Imbalance).
(b) A positive Cumulative Imbalance will occur if during the relevant period the quantity of Natural Gas delivered under this document at Delivery Points is less than the quantity of Natural Gas received at the Receipt Point (net of System Use Gas for Firm Forward Haulage Services).
(c) A negative Cumulative Imbalance occurs if, during the relevant period, the quantity of Natural Gas delivered under this document at Delivery Points is more than the quantity of Natural Gas received at the Receipt Point (net of System Use Gas for Firm Forward Haulage Services).
Appears in 1 contract
Sources: Gas Transportation Agreement