Common use of Minimum Quantities Clause in Contracts

Minimum Quantities. In the event the total average daily quantity of gas received by Gatherer is either (i) less than 1,000 Mcf at a screw compressor for Owner's account or (ii) less than 3,000 Mcf at the reciprocating station compressing Owner’s gas hereunder for ninety (90) consecutive Days for reasons other than curtailment, dewatering, Force Majeure or other event out of Owner’s control, then the Agreement may be renegotiated for all Receipt Points upstream of such compression point at Gatherer's option by giving Owner written notice thereof. In the event Gatherer exercises such right to renegotiate and the Parties fail to reach agreement within thirty (30) days, then Gatherer shall have the right to terminate this Agreement insofar as it relates to all Receipt Points upstream of the compression point, exercised after giving Owner thirty (30) Days written notice.

Minimum Quantities. In the event the total average daily quantity of gas received by Gatherer for Owner's account is either (i) less than 1,000 Mcf at a screw compressor for Owner's account or (ii) less than 3,000 Mcf the total volume at the reciprocating station compressing Owner’s gas is less than 4,500 Mcf at a reciprocating compressor hereunder for ninety (90) consecutive Days for reasons other than curtailment, dewatering, dewatering or Force Majeure or other event out of Owner’s controlMajeure, then the Agreement may be renegotiated for all Receipt Points upstream of such compression point at Gatherer's option by giving Owner written notice thereof. In the event Gatherer exercises such right to renegotiate and the Parties fail to reach agreement within thirty (30) days, then Gatherer shall have the right to terminate this Agreement insofar as it relates to all Receipt Points upstream of the compression point, exercised after giving Owner thirty (30) Days written notice.