Annual Contract Quantity. (ACQ) means the greatest quantity of gas that can be delivered for transportation on the customer's behalf for any given year as specified in the contract. The contracted ACQ shall be adjusted based on the customer's highest consecutive 12-month usage determined from the latest 36 months of data except that the ACQ may be adjusted, at the Company's sole discretion, for known or expected changes, or special operating conditions. The Company will conduct a review of the customer's ACQ once each 5-year period and may adjust the ACQ value based on the highest consecutive 12-month usage determined from the latest 36 months of data as adjusted. The Company may review and adjust a customer's ACQ if the customer requests a change to their gas transportation agreement.
Annual Contract Quantity. (ACQ) means a quantity of gas, as specified in the transportation contract between the customer and the Company, that is based on the customer's maximum historical 12-month usage (determined from the customer's 36-month base period) plus adjustments for known or expected changes.
Annual Contract Quantity or “ACQ” for each Annual Year shall be equal to the aggregate of the DCQ in effect for each Day of the Annual Year.
Examples of Annual Contract Quantity in a sentence
Annual Contract Quantity In each Delivery Year, the Service Provider shall make available at the Delivery Point VTP Bulgaria the Contract Quantities and the Service User shall be obliged to accept the Annual Contract Quantity ("ACQ"), which is equal to the total quantity of LNG delivered by the Service User to the Service Provider in that Delivery Year.
More Definitions of Annual Contract Quantity
Annual Contract Quantity means, for each Contract Year, the number of MWh set forth on Appendix C.
Annual Contract Quantity means, for the particular Billing Year, the pre-weather adjusted estimated amount of expected Output (in kWh) for the System as set forth in the “Annual Contract Quantity” column on Schedule 6.
Annual Contract Quantity means, for the particular Billing Year, the amount of expected Output (in kWh) set forth on Schedule 6 (Annual Contract Quantity).
Annual Contract Quantity or “ACQ" has the meaning ascribed to it in Clause 5.03 of this Agreement;
Annual Contract Quantity or “ACQ” means the quantity agreed between the Service Provider and the User as the maximum quantity of gas which the Service Provider agrees to receive, transport and deliver each Contract Year.
Annual Contract Quantity or “ACQ” has the meaning set out in Article 6.1.
Annual Contract Quantity or “ACQ” means the total sum of all DCQ for a Contract Year.