Actual Volumes definition
Actual Volumes means, for each Resource Unit during each applicable measurement period, the actual volume of that Resource Unit measured for that period in accordance with the applicable Supplement.
Actual Volumes means volumes measured on a basis that is consistent with the forecasts at the time of the last tariff review.
Actual Volumes the actual volume of work in any one Month that is received by the Contractor from Client;
Examples of Actual Volumes in a sentence
Furthermore, the amount of Fixed Costs compensated will be adjusted retroactively pursuant to Section 3.06, where the Actual Volumes over any 4 Quarter Period after Completion are lower than 75% or exceed 100% of Anticipated Capacity for that year, to reduce or increase such reimbursement, respectively.
This will include an assessment of Actual Volumes against the Target Volumes, where appropriate, as well as identifying substantial negative variances mid-year, which may suggest that Target Volumes may not be achieved by Fiscal Year-end.
More Definitions of Actual Volumes
Actual Volumes means, with respect to a Production Payment for any Month, the actual quantity of Production Payment Hydrocarbons received by or delivered to or for the account of the Partnership during such Month pursuant to the Production Payment Documents for such Production Payment.