نمایش نتیجه 1 تا 7 از 7 نتیجه یافت شده برای take-or-pay:
n: (DCQ) that daily quantity of gas, formulated on some basis (usually a combination of reserves and delivery capacity or delivery capacity only). that the pipeline company will attempt to take;mayor may not equal the take-or-pay quantity.
n: 1. gas that is taken in succeeding years and has been paid for previously under a take-or-pay clause in a gas purchase contract The contract will normally specify the number of years after payment in which the purchaser can take delivery of make-up gas without paying a second time. 2. gas injected into a reservoir to maintain a constant reservoir pressure and thereby prevent retrograde condensation. 3. in gas processing, the gas that makes up for plant losses. During processing there is a reduction in gas volume because of fuel and shrinkage. Some agreements between gas transmission companies and plant owners require plant losses to be made up or to be paid for.
n: federal regulation adopted in August 1987 to provide mechanisms for resolving take-or-pay liability of gas producers.
n: the quantity of gas that a gas purchaser agrees to take, or to pay for if not taken.
n: a contract clause that guarantees payment to a seller for gas, even though the particular gas volume is not taken during a specified time period. Some contracts stipulate a time period for the buyer to take later delivery without penalty.
n pi: under Federal Energy Regulatory Commission Order No. 500, credits provided to a transporting pipeline by the producer of the natural gas that the pipe- line can apply against any take-or .pay or take- and-pay obligations the pipeline might have to that producer under certain qualifying gas purchase contracts existing on June 23, 1987. Take-or-pay credits may only be received by a pipeline from a producer whose gas it transports and from whom the pipeline has received an offer of credits" pursuant to Order No. 500. The many and complicated rules about takeor- pay credits are set out in detail in Order No. 500.
n: under a take-orpay clause, the threshold quantity of product that the buyer is obligated to pay for, whether actually taken during the stated period of time. A take-or-pay quantity is usually stated in terms of an absolute quantity or a certain percentage of a total con- tract quantity over a specific period of time, usually a year.
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