Forward Flow definition
Examples of Forward Flow in a sentence
BBL Company shall apply a matching procedure to ensure that the Properly Nominated Quantity of Exit Gas and the confirmed Quantity of Transfer Gas Forward Flow are the same.
During each Hour BBL Company shall (i) take Quantities of Transfer Gas Forward Flow provided that they are Properly Nominated and/or (ii) make available to Shipper at the Exit Point Quantities of Exit Gas provided that they are Properly Nominated and taken by ▇▇▇▇▇▇▇ at the Exit Point.
The Gas Balance is positive if the allocated Quantity of Exit Gas is lower than the allocated Quantity of Transfer Gas Forward Flow.
The Gas Balance is negative if the allocated Quantity of Exit Gas is higher than the allocated Quantity of Transfer Gas Forward Flow .
During each Hour BBL Company shall (i) take Quantities of Transfer Gas Forward Flow provided that they are Properly Nominated and/or (ii) make available to Shipper at the Exit Point Quantities of Exit Gas provided that they are Properly Nominated and taken by Shipper at the Exit Point to the extent the Transmission Capacity will not be interrupted according to an Interruption Notice.
In the event of any conflict between the Agreement and the rights of third parties with regard to ▇▇▇▇▇▇▇’s Transfer Gas Forward Flow, BBL Company shall not be liable for any damage and/or claims resulting there from and Shipper shall indemnify and hold BBL Company harmless from any damage and claims in respect thereof.
The Loan made by the Lender with respect to an Asset Pool purchased by the Borrower under a Forward Flow Purchase Agreement shall be made in multiple advances, with each such advance of the Loan occurring on the date that the Borrower makes one of the periodic purchases of the Accounts and other Assets under such Forward Flow Purchase Agreement; provided, that, advances shall be made no more often than once per month for any Asset Pool.
All Accounts and other Assets purchased by the Borrower during a period of twelve (12) months (or such shorter period as the Lender shall agree to in writing) under a Forward Flow Purchase Agreement shall constitute a single Asset Pool for all purposes of this Agreement and the other Loan Documents.
The Borrower will provide to the Lender a duplicate copy of the computer disk (or other medium reasonably acceptable to the Lender) showing all relevant information as to the Accounts being purchased by the Borrower in connection with the acquisition of the Assets contained in a portion of an Asset Pool under a Forward Flow Purchase Agreement not later than five (5) Business Days after the advance of the applicable Loan is made to purchase the Assets contained in such portion of such Asset Pool.
Each such replacement Note issued in connection with a Loan made in connection with an Asset Pool purchased under a Forward Flow Purchase Agreement shall be issued in replacement of and substitution for, but not in payment of, the previous Note related to such Loan.