QUANTITY RESTRICTIONS. A. Buyer/Processor's obligation to receive Seller's Gas under the Agreement is subject to the limitations and conditions set forth below: 1) If Buyer/Processor is unable to receive and purchase the total amounts of Seller's Gas tendered to Buyer/Processor from Seller's Wails due to market restrictions or capacity restrictions on the Facilities, Buyer/Processor shall receive and purchase only that portion of Seller's Gas available for delivery to the Gas Plant which is ratable on a thermal basis with the heating value of all Gas available for delivery to the Gas Plant, excluding gas being transported by Buyer/Processor, based upon the most recent Accounting Period of production during which no delivery restrictions wars imposed and/or no events of force majeure were in effect, after all required-purchase and/or dedicated capacity Gas has been received and purchased. 2) The terms of any third-party Residue Gas sales agreements then in force.
Appears in 3 contracts
Sources: Gas Purchase and Processing Agreement (Petroleum Development Corp), Gas Purchase and Processing Agreement (Rockies Region 2007 Lp), Gas Purchase and Processing Agreement (Rockies Region 2007 Lp)