Authorised Overrun Quantity definition

Authorised Overrun Quantity has the meaning given to that term in clause 5.7;
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Authorised Overrun Quantity for a CT and on a Day, shall mean the quantities above the CT Redelivery Point MDQ, agreed by the Transporter for transmission, at the request of the Shipper.
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Authorised Overrun Quantity means the quantities above the Exit Point MDQ as mentioned in Annexure-1, agreed by the Transporter for transportation on a Gas Day, at the request of the Shipper.
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Examples of Authorised Overrun Quantity in a sentence

  • Shipper’s nomination may include a request for Authorised Overrun Quantities, specifying the applicable Entry Point and Exit Point, the applicable Gas Day and the amount of Authorised Overrun Quantity.


More Definitions of Authorised Overrun Quantity

Authorised Overrun Quantity means, with respect to an Exit Point, any quantity of Gas in MMBtu on any Day equal to the difference, if positive, between (i) the Scheduled Quantity and (ii) the MDQ applicable to that Point.
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Authorised Overrun Quantity has the meaning given to such term in the GTA.
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Related to Authorised Overrun Quantity

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.