Residue Gas. From time to time during the term of the Agreement, Supplier may elect to take its percentage share of Residue Gas in-kind at the tailgate of the Plant in lieu of payment of Proceeds attributable thereto as set forth in the Commercial Terms and Conditions (when not giving effect to any amendments set forth in this Addendum). The volume which Supplier will be entitled to receive each Month during any period when such an election is in effect shall be equal to the volume of Residue Gas attributable to the Gas delivered by Supplier under the Agreement during such Month, as determined pursuant to Exhibit D to the Agreement (Allocation Methodology) (“Supplier’s Allocated
Appears in 2 contracts
Sources: Gas Gathering and Purchase Agreement (Targa Resources Partners LP), Gas Gathering and Purchase Agreement (Targa Resources Partners LP)