Annual Volume Commitment or “AVC” means the total Eligible Charges which Customer must pay during each Contract Year of the Volume Commitment Period.
Annual Volume Commitment. (“AVC”): $0.00 in Total Service Charges (“AVC”) during each contract year of the Term. Commencing on the 3rd Amendment Effective Date Customer’s new AVC will be $500,000 in Total Service Charges during each Contract Year (“AVC”).
Annual Volume Commitment. (“AVC”): $160,000.00 in Total Service Charges (“AVC”) during each contract year of the Term. Commencing on the 3RD Amendment Effective Date and for the remainder of the Term, Customer’s new AVC will be $200,000.00 in Total Service Charges, or a pro rata portion thereof for any partial contract year.
Examples of Annual Volume Commitment in a sentence
Annual Volume Commitment (“AVC”): $0.00 in Total Service Charges (“AVC”) during each contract year of the Term.
Annual Volume Commitment (“AVC”): $120,000.00 in Total Service Charges (“AVC”) during each contract year of the Term.
Minimum Annual Volume Commitment (“AVC”): $120,000.00 During each monthly billing period of the Extended Term, Customer’s Total Service Charges must equal or exceed one-twelfth (1/12) of the AVC.
Annual Volume Commitment (“AVC”): $60,000.00 in Total Service Charges (“AVC”) during each contract year of the Term.
Annual Volume Commitment (“AVC”): $12,000 in Total Service Charges (“AVC”) during each contract year of the Term.
More Definitions of Annual Volume Commitment
Annual Volume Commitment. (“AVC”): Customer shall not be required to commit to any overall revenue requirement during the Term. During the second Extended Term, Customer will receive the rates commensurate with the rate tier for $6,500,000.00 to $11,999.999.99 in Annual Service Charges.
Annual Volume Commitment or “AVC” means the total Contributing Charges or Eligible Charges, whichever is applicable, which Customer must pay during each Contract Year, for the number of Contract Years of the Volume Commitment Period.
Annual Volume Commitment has the meaning given in Section 3(b)(iii).
Annual Volume Commitment means the product of the Daily Volume Commitment and the number of days in the applicable Contract Year.
Annual Volume Commitment means the annual Component volume commitments as indicated in the applicable Order Document.
Annual Volume Commitment means the volume of Crude Petroleum a Committed Shipper has agreed to ship on the System in a particular Contract Year during the Term, as specified in the Committed Shipper’s TSA.
Annual Volume Commitment or “AVC” means the total Contributing Charges or Eligible Charges, whichever is applicable, which Customer must pay during each Contract Year, for the number of Contract Years to which Customer has committed under the applicable Agreement.