Common use of Annual Minimum Clause in Contracts

Annual Minimum. In consideration of Seller's investment in the facilities required to provide Buyer's requirements in Priority-of-Service Category 3D, Xxxxx agrees to use a minimum of 15,000 dekatherms of natural gas per contract year during the contract term. The contract term will be the period beginning on May 1, or as soon thereafter as Buyer and Seller have their respective facilities installed and continuing for five (5) full calendar years. This minimum quantity may be satisfied by the use of Interruptible or Transportation gas provided hereunder. Deficit volUmes in any contract year will be billed at eighty-three cents ($0.83) per dekatherm.

Appears in 1 contract

Samples: Service Agreement

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Annual Minimum. In consideration of Seller's investment in the facilities required to provide Buyer's requirements in Priority-of-Service Category 3D, Xxxxx agrees to use a minimum of 15,000 38,497 dekatherms of natural gas per contract year during year. This minimum quantity may be satisfied by the contract termuse of Interruptible or Transportation gas provided hereunder. The contract term year will be the period beginning on May December 1, or as soon thereafter as Buyer and Seller have their respective facilities installed and continuing for five (5) one full calendar years. This minimum quantity may be satisfied by the use of Interruptible or Transportation gas provided hereunderyear. Deficit volUmes volumes in any contract year will be billed at eighty-three cents ($0.83) per dekatherm.

Appears in 1 contract

Samples: Service Agreement

Annual Minimum. In consideration of Seller's investment in the facilities required to provide Buyer's requirements in Priority-of-Service Category 3D3E, Xxxxx agrees to use a minimum of 15,000 45.175 dekatherms of natural gas per contract calendar year during the contract term. The contract term will be the period beginning on May 1, or as soon thereafter as Buyer and Seller have their respective facilities installed and continuing for five six (56) full calendar years. This minimum quantity may be satisfied by the use of Interruptible or Transportation gas provided hereunder. Deficit volUmes volumes in any contract year will be billed at eightyninety-three six cents ($0.830.96) per dekatherm.

Appears in 1 contract

Samples: Company Service Agreement

Annual Minimum. In consideration of Seller's investment in the facilities required to provide Buyer's requirements in Priority-of-Service Category 3DCategories 3B & 3A, Xxxxx agrees to use a minimum of 15,000 3,279 dekatherms of natural gas per contract calendar year during the contract term. The contract term will be the period beginning on May 1, or as soon thereafter as Buyer and Seller have their respective facilities installed and continuing for five (5) full calendar yearsyear. This minimum quantity may be satisfied by the use of Interruptible or Transportation Firm gas provided hereunder. Deficit volUmes The contract year will be the period begiwing on January 1 of each calendar year. Detlcit volumes in any contract year will wiil be billed at eightyOne dollar and fifty-three seven cents ($0.831.57) per dekatherm.

Appears in 1 contract

Samples: dms.psc.sc.gov

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Annual Minimum. In consideration of Seller's investment in the facilities required to provide Buyer's requirements in Priority-of-Service Category 3D, Xxxxx agrees to use a minimum of 15,000 8,672 dekatherms of natural gas per contract year during the contract termContract Term. The contract term Contract Term will be the period beginning on May July 1, 2012, or as soon thereafter as Buyer and Seller have their respective facilities installed installed, and continuing for five (5) full calendar years. This minimum quantity may be satisfied by the use of Interruptible or Transportation gas provided hereunder. Deficit volUmes volumes in any contract year will be billed at eighty-three eight cents ($0.830.88) per dekatherm.dekatherm on the first invoice following the conclusion of that contract year. PROVISION

Appears in 1 contract

Samples: Of Agreement

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