1Quantities Within MDQ Sample Clauses

1Quantities Within MDQ. The price for Gas delivered hereunder up to the MDQ will be referred to as the "Commodity Price" and shall be equal to the following pricing hierarchy: Canadian Index: 0 up to the sum total of Buyer's entitlements on the Canadian contracts identified in Appendix 1 stated in MMBtu's per Day shall be equal to the Canadian Index plus applicable Variable Charges. Baseload Index: The next volumes, up to the amount indicated by Buyer in accordance with this section, but not to exceed Buyer's MDQ less the Storage WACOG tier, less the Canadian Index tier, shall be equal to the Baseload Index plus applicable Variable Charges. On October 18, 2002, Buyer indicated to Seller, the volumes that will be subject to the Baseload Index for each month over the Term. Such volumes are identified in Appendix 1. If Buyer fails to take delivery of volumes it indicates as Baseload Index volumes, and such failure to take is not excused under the Agreement, then, Buyer shall reimburse Seller the amount, if any, by which the price Seller is able to obtain by reselling volumes not taken is exceeded by the Baseload Index. Seller shall act in good faith to resell such volumes in a commercially reasonable manner so as to minimize Buyer's reimbursement costs hereunder.
Sample 1
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1Quantities Within MDQ. The price for Gas delivered hereunder up to the MDQ will be referred to as the "Commodity Price" and shall be equal to the following pricing hierarchy: Canadian Index:0 up to the sum total of Buyer's entitlements on the Canadian contracts identified in Appendix 1 stated in MMBtu's per Day shall be equal to the Canadian Index plus applicable Variable Charges.
Sample 1

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