Allocated Volume definition

Allocated Volume means the volume of Prorated Capacity allocated to a Shipper in accordance with Item 60 (Allocation of Prorated Capacity).
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Allocated Volume means for any Month that volume of Pipeline System capacity allocated to a Shipper pursuant to Item 7.
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Allocated Volume means an energy volume physically injected or withdrawn from the system and attributed to a balance responsible party, for the calculation of the imbalance of that balance responsible party;
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Examples of Allocated Volume in a sentence

  • Following the posting of the Allocated Volume, Shipper will have an opportunity to advise Carrier which Nominations on its submitted Notice of Shipment are to be revised to match its Allocated Volume.

  • During periods when pipeline capacity is prorated, in accordance with Item 60 (Allocation of Prorated Capacity), Carrier shall provide written notification to each Shipper of their Allocated Volume.

  • When the Shippers' Verified Nominations, as adjusted pursuant to Rule 6.3, have been apportioned pursuant to Rule 14, the Shipper shall be deemed to have submitted a Nomination equal to the Verified Nomination, as adjusted pursuant to Rule 6.3, reduced by the level of apportionment (the Allocated Volume).

  • During instances of allocation, a Shipper will be deemed to have submitted a revised Notice of Shipment, containing a Nomination equal to its Allocated Volume determined by Carrier.

  • In the event that a Shipper does not so advise Carrier by the deadline posted by Carrier on the Notice of Shipment form, the Shipper’s Nominations on its submitted Notice of Shipment shall be reduced prorata by Carrier to match Shipper’s Allocated Volume.


More Definitions of Allocated Volume

Allocated Volume means the volume of Mainline System capacity allocated to a Shipper pursuant to Rule 6.4.
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Allocated Volume means the volume of Prorated Capacity allocated to a Shipper in accordance with Item 60.
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Allocated Volume means that volume of Pipeline System capacity allocated to a Shipper for a Month pursuant to the Rules and Regulations.
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Allocated Volume means that monthly volume of Pipeline System capacity allocated to a Shipper pursuant to Article 7.
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Allocated Volume means that monthly volume of Mainline System capacity allocated to a Shipper pursuant to Rule 6.1.
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Allocated Volume means an energy volume physically injected or withdrawn from the system and attributed to a BRP, for the calculation of the imbalance of that BRP.
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Allocated Volume means for any Month, that monthly volume of Pipeline System capacity allocated to a Shipper pursuant to Article 7.
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