Daily Nomination Sample Clauses

The Daily Nomination clause establishes the process by which one party specifies the quantity of a commodity, such as natural gas or electricity, to be delivered or received on a daily basis. Typically, the buyer submits a daily nomination to the seller, indicating the required volume for the next day, often within a set timeframe and using agreed communication methods. This clause ensures operational coordination and flexibility, allowing both parties to plan logistics and manage supply and demand fluctuations efficiently.
Daily Nomination. The Customer should nominate to the Provider hourly quantities of the Injection Gas or the Withdrawal Gas at the Delivery Point. Said Nomination shall be sent prior to 14:00 hours of each Day for the following Storage Day with indication of the hourly quantities which. Subject to Articles 5.1 and
Daily Nomination. By 10:30 a.m. CT of each Business Day, Coffeyville shall provide Vitol and the Terminal Operator with a nomination for Crude Oil to be delivered during the 24 hour period immediately following therefrom (the “Crude Oil Withdrawal”). For each day that is not a Business Day, Coffeyville shall provide Vitol a nomination for each such non-Business Day during the immediately preceding Business Day. The Parties acknowledge that for pricing purposes a Crude Oil Withdrawal may be comprised of multiple Crude Oil Lots or portions thereof. Coffeyville shall nominate the oldest Crude Oil Lot in the event that there are two (2) or more Crude Oil Lots of the same crude oil grade available for delivery.
Daily Nomination. By 9:00 a.m. CT of each Business Day, Coffeyville shall provide Vitol and the Terminal Operator with a nomination for Crude Oil to be transferred each day out of the Terminal and into the Plains Pipeline System to Coffeyville over the period from that Business Day until the end of the next succeeding Business Day (the “Crude Oil Withdrawal”). The Parties acknowledge that a Crude Oil Withdrawal may be comprised of multiple Crude Oil Lots or portions thereof. Coffeyville shall nominate the oldest Crude Oil Lot in the event that there are two (2) or more Crude Oil Lots of the same crude oil grade available for delivery.
Daily Nomination. The Storage Customer may nominate to the Storage Service Provider hourly quantities of the Injection Gas or the Withdrawal Gas. Said Nomination shall be sent prior to 14:00 hours of each Day for the following Storage Day. Subject to Articles 5.1 and 5.2 hereof, the hourly quantities correspond to 1/24 of the daily storage quantity and shall be deemed nominated on an hourly basis.
Daily Nomination. Commencing on the Commencement Date and for each Day during the effectiveness of this Agreement, by S:00 a.m. of each Day, Buyer shall submit to Seller the Nominated Daily Receipt Quantity, the Nominated Daily Delivery Quantity (which shall include, as indicated separately by Buyer, any Quantity of Gas nominated by Buyer to be delivered at the Delivery Point by the Seller pursuant to Option 3 in Section 5.2) and the Nominated Daily Merchant Quantity that Buyer desires Setter to receive, transport, sell or deliver (as the case may be) during such Day. Such nomination shall also indicate an estimate of the Quantity of Gas Buyer intends to make-up in accordance with Section 7.3. Seller shall confirm such daily nomination by facsimile to Buyer. Buyer shall endeavor in good faith to submit nominations that accurately reflect Buyer's estimates of the Quantity of Gas Buyer expects to use at the Brandywine Facility. If Buyer fails to submit a nomination to Seller in accordance with this Article IX, Seller shall deem Buyer's nomination for that Day to be equal to the last effective nomination Buyer provided to Seller. Buyer may designate an agent to submit nominations on its behalf in accordance with this Article IX.
Daily Nomination. The Seller and the Buyer agree as follows: (a) By 10.00 am on each Day, the Buyer must nominate to the Seller, the Buyer’s requirements for Gas for the next Day. (b) The Buyer may amend its nomination given in accordance with paragraph (a) of this clause 9.4 provided that notice of such amended nomination is given not later than 2.00 pm on the day prior to the Day for which the amended nomination is given. (c) The Buyer may not give a Nomination which requires delivery of a quantity of Gas in excess of the ACQ in any Contract Year or at a rate which would cause the MDQ on any Day in any Contract Year to be exceeded unless otherwise agreed by the Seller pursuant to clause 7.7. (d) If the Buyer fails to notify the Seller of its requirements in accordance with this clause 9.4, the Seller will continue to make Gas available for delivery at the Delivery Point in accordance with the last nomination properly made by the Buyer pursuant to clause 9.
Daily Nomination. The Shipper shall inform INGL by 14:00 hours on each Day of the amount of Shipper Gas that it will deliver or have delivered on its behalf at each of the Designated Delivery Points and the amount of Natural Gas it wants INGL to redeliver at each of the Designated Redelivery Points during each hour of the next Day (hereinafter in this Section 12.4 – "the Daily Nomination"). The Shipper will identify Shifted Gas Nominations and Spot Nominations as such in the Daily Nomination. If the Shipper's nomination does not relate to individual hours but only to the next Day, the nominated Daily amount of Natural Gas divided by the number of hours in the next Day shall be the nominated hourly amount of Natural Gas. If the Shipper fails to nominate the amount of Natural Gas for the next Day, the Daily Nomination for such next Day shall be deemed to be the amount nominated for such Day of the Week in the Shipper's most recently supplied Weekly Nomination. If the Shipper fails to make a nomination for a period longer than 7 successive Days, the nominated amount of Natural Gas as from the 8th Day shall be deemed to be zero. If the Shipper's Nomination is a Proper Nomination according to the terms of Section

Related to Daily Nomination

  • Nominations 4.01 Transportation Services provided hereunder shall be in accordance with the prescribed nominations procedure as set out in Schedule “B 2010” of Union’s C1 Rate Schedule.

  • Nomination The Allottee admits and accepts that before the execution and registration of conveyance deed of the Said Apartment And Appurtenances, the Allottee will be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement on payment of 2% (two percent) of the market price prevailing at that time (to be determined by the Promoter) as nomination charge to the Promoter subject to the covenant by the nominee that the nominee will strictly adhere to the terms of this Agreement and subject also to the below mentioned conditions: (a) The Allottee shall make payment of all dues of the Promoter in terms of this Agreement, up to the time of nomination. (b) The Allottee shall obtain prior written permission of the Promoter and the Allottee and the nominee shall be bound to enter into a tripartite agreement with the Owners and the Promoter. (c) The Allottee shall pay an additional legal fee of Rs.10,000/- (Rupees ten thousand) to the Promoter’s legal advisors towards the tripartite Nomination Agreement. (d) Subject to the approval and acceptance of the Promoter and subject to the above conditions, the Allottee shall be entitled to nominate, assign and/or transfer the Allottee’s right, title, interest and obligations under this Agreement to parent, spouse and children without payment of the aforesaid transfer charge.

  • Nomination of Directors Except as otherwise fixed by resolution of the Board of Directors pursuant to the Articles of Incorporation relating to the authorization of the Board of Directors to provide by resolution for the issuance of Preferred Stock and to determine the rights of the holders of such Preferred Stock to elect directors, nominations for the election of directors may be made by the Board of Directors, by a committee appointed by the board of directors, or by any stockholder of record at the time of giving of notice provided for herein. However, any stockholder entitled to vote in the election of directors as provided herein may nominate one or more persons for election as directors at a meeting only if written notice of such stockholder's intent to make such nomination or nominations has been delivered to or mailed and received by the secretary of the corporation not later than, (a) with respect to an election to be held at an annual meeting of stockholders, 120 calendar days in advance of the first anniversary of the date the corporation's proxy statement was released to security holders in connection with the preceding year's annual meeting; PROVIDED, HOWEVER, that in the event that the date of the annual meeting is changed by more than thirty (30) days from such anniversary date, notice by the stockholder to be timely must be received not later than the close of business on the tenth (10th) day following the earlier of the day on which notice of the date of the meeting was mailed or public disclosure was made, and (b) with respect to an election to be held at a special meeting of stockholders for the election of directors, not earlier than the close of business on the 90th day prior to such special meeting and not later than the close of business on the later of the 60th day prior to such special meeting or the tenth (10th) day following the day on which public disclosure is first made of the date of the special meeting and the nominees proposed by the board of directors to be elected at such a meeting. Notwithstanding any of the foregoing to the contrary, in the event that the number of directors to be elected by the Board of Directors of the corporation is increased and there is no public disclosure by the corporation naming the nominees for director or specifying the size of the increased Board of Directors at least seventy (70) days prior to the first anniversary of the date of the preceding year's annual meeting, a

  • Notice of Board Meetings Notice of Board meetings shall be given by the Chair or the Chair’s designee to each other Board Member by overnight courier service, email or other electronic transmission, or personal delivery. Notices shall be deemed to have been given: if given by courier service, when deposited with a courier service for overnight delivery with charges therefor prepaid or duly provided for; if given email or other electronic transmission, at the time of sending; and if given by personal delivery, at the time of delivery. Notices given by personal delivery may be in writing or oral. Written notices shall be sent to a Board Member at the postal address, email address or address for other electronic transmission, designated by him or her for that purpose or, if none has been so designated, at his or her last known residence or business address, email address or address for other electronic transmission. Except to the extent required by applicable law, no notice of any meeting of the Board need state the purposes of the meeting.

  • Annual Conference Vote This Disaffiliation Agreement must be “ratified by a simple majority of the members . . . present and voting” at a duly-called session of The Western North Carolina Annual Conference of The United Methodist Church, as required by Judicial Council Decision 1379 and ¶ 2529.1b(3)