Annual Exit Quantity definition
Annual Exit Quantity means the aggregate of all Gas Suppliers’ Exit Quantities in respect of a relevant Gas Year and in respect of Exit Points on the Designated Network; “Auction Premium” means the amount calculated in accordance with Condition 2A.2.5.3(d) for each Capacity Product in a relevant Gas Year; “Auction Price” means, in respect of auctions for Capacity Products that are bundled with the capacity products of an interconnected system operator, the share of the price determined in the auction that is payable to the Licensee; ”Auxiliary Payment” means any sum (whether or not contingent) in addition to aggregate Monthly Postalised Payments which a PS Gas Supplier is committed to pay on an annual basis in respect of Minimum Quantity Value; “Business Day” means a day, other than a Saturday or Sunday, on which banks are open for ordinary banking business in Belfast; “Buy-Back Capacity” means capacity that has been allocated as Firm Capacity or OS Capacity (as the case may be) and subsequently made available for purchase by the Licensee in accordance with the OS Scheme and the Network Code; “Capacity Figures” shall have the meaning ascribed to that term in Condition 2A.2.3.1(b); “Capacity Percentage” shall have the meaning ascribed to that term in Condition 2A.2.5.3(b); “Capacity Product” means the products for the provision of capacity at Entry Points or Exit Points made available by Designated Pipe-line Operators listed in the Gas Product Multipliers and Time Factors Table;
Annual Exit Quantity means the aggregate of all Gas Suppliers’ Exit Quantities in respect
Annual Exit Quantity means the aggregate of each Gas Supplier’s Exit Quantities in
More Definitions of Annual Exit Quantity
Annual Exit Quantity means the aggregate of all Gas Suppliers’ Exit Quantities in respect of a relevant Gas Year and in respect of Exit Points on the Designated Network;