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Allocated Volume means an energy volume physically injected or withdrawn from the system and attributed to a balance responsible party, for the calculation of the imbalance of that balance responsible party;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

  • If a Shipper Tenders a volume of Ethylene less than ninety-five percent (95%) of its Allocated Volume, the Shipper shall be invoiced for ninety-five percent (95%) of the Shipper’s Allocated Volume for the month times the applicable Transportation Rate pursuant to this Item 75.

  • If any Shipper Tenders a volume of Ethylene greater than one hundred percent (100%) of its Allocated Volume, the Shipper shall be invoiced based on its Tendered volumes, in accordance with Item 70, plus an over-Tender penalty of five percent (5%) of the applicable rate per pound of Ethylene Tendered in excess of one hundred percent (100%) of Shipper’s Allocated Volume.

  • ITEM 5 Definitions Allocated Volume - The term “Allocated Volume” shall mean the volume of capacity allocated to a Shipper pursuant to Item 75.

  • The resulting fraction is multiplied by the total Prorated Capacity available to Volume Discount Shippers to determine the Volume Discount Shipper’s Allocated Volume.

  • The resulting fraction is multiplied by the total Prorated Capacity available to all remaining Regular Shippers during that month to determine the remaining Regular 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 that Monthlymonthly volume of Pipeline System capacity allocated to a Shipper pursuant to Article 7.
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Allocated Volume shall have the meaning set forth in Section 2.9.
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