Common use of Meter Fees Clause in Contracts

Meter Fees. In the event that the total metered volume from any one (1) Receipt Point falls below an average of twenty-five (25) MCF per day for any month, BUYER shall charge SELLER a meter fee for each MCF delivered by or for the account of SELLER for that month. The meter fee shall be determined by dividing a sum of (**) Dollars ($(**)) by the total metered volume (MCF) for that month. In the event the total metered volume is zero (0) the fee shall be (**) Dollars ($(**)) multiplied by SELLER’s owned or controlled interest.

Meter Fees. In the event that the total metered volume from any one (1) Receipt receipt Point falls below an average of twenty-five ten (2510) MCF per day for any month, BUYER shall charge SELLER a meter fee Fee for each MCF delivered by or for the account of SELLER for that month. The meter fee for each MCF delivered shall be determined by dividing a sum of (**) Three Hundred Dollars ($(**)300) by the total metered volume (MCF) for that month. In the event the total metered volume is zero (0) the fee shall be (**) Three Hundred Dollars ($(**)300) multiplied by SELLER’s owned or controlled interest.

Meter Fees. In the event that the total metered volume from any one (1) Receipt Point falls below an average of twenty-five (25**) MCF per day for any month, BUYER shall charge SELLER a meter fee for each MCF delivered by or for the account of SELLER for that month. The meter fee shall be determined by dividing a sum of (**) Dollars ($(**)) by the total metered volume (MCF) for that month. In the event the total metered volume is zero (0) the fee shall be (**) Dollars ($(**)) multiplied by SELLER’s owned or controlled interest.