Average Monthly Volume definition

Average Monthly Volume means (a) for shippers other than Committed Shippers, the average of a Regular Shipper’s monthly volumes of Crude Petroleum tendered during the entire Base Period subject to prorationing, and (b) for Committed Shippers, the greater of (i) the average of a Committed Shipper’s monthly volumes of Crude Petroleum tendered during the entire Base Period subject to prorationing (or such portion of such average monthly volumes as shall not result in an allocation to another Committed Shipper under step (b)(ii) below that reduces such other Committed Shipper below its Committed Volume for the allocation period), and (ii) the Committed Shipper’s Committed Volume applicable to the month of prorationing (including as the same may be reduced pursuant to a Committed Shipper’s TSA). Provided, however, from and after the termination of any Committed Shipper’s TSA with respect to the 2019 Incremental Capacity for such Committed Shippers, and from and after the date on which Carrier no longer offers transportation service on the 2019 Incremental Capacity for all other Shippers, the Average Monthly Volume shall not take into account any Regular Shipper’s monthly volumes of Crude Petroleum tendered during the Base Period that were transported utilizing the 2019 Incremental Capacity.

Average Monthly Volume means the amount of motor fuel dispensed per month from a gasoline dispensing facility based upon a monthly average for a two (2) year period from November 1990 through October 1992, or, if not available, the monthly average for the most recent twelve (12) calendar months. Monthly averages shall include only those months when the facility was operating.

Average Monthly Volume means (a) for Shippers other than Committed Shippers, the average of their Actual Shipments, in the Available Capacity up to the Historical Ceiling, during the entire Base Period, and

Examples of Average Monthly Volume in a sentence

• A Shipper’s History may not be sold, assigned, conveyed, loaned, transferred to or used in any manner by another Shipper, except a Shipper may transfer its Average Monthly Volume as follows: (a) in the case of request by a Regular Shipper and that Regular Shipper’s Affiliate to consolidate the Average Monthly Volume into a single entity; and (b) to a purchaser of the Crude Petroleum production that established the Shipment History.

• Credit Facility Recourse Receivables Purchase & Security Agreement Minimum Average Monthly Volume $5,000,000.00 Line Amount $12,500,000.00 Initial Term One (1) Year Advance Rate 80% of Eligible Accounts being purchased Reserve Percentage 20% of the Unpaid Balance of Purchased Accounts Reserve Release Frequency As requested by Seller provided same is available.

• On a quarterly basis, BBDC will pay IR rebates pursuant to the following schedule: Average Monthly Volume During Quarter Rebate Payable Quarterly(2) (Total Net Purchases (1) $********* - $********* ***% $********* - $********* ***% $********* - $********* ***% $********* - $********* ***% $********* & Above ***% * Total Net Purchases are defined as all monthly purchases from all categories, less any applicable credits and returns.

• Final Assembly and Test Cost will be calculated by multiplying Final Assembly and Test Shop Rates by the Final Assembly and Test Labor Standards, as mutually agreed to by both parties, for the applicable Average Monthly Volume.

• N] “Historical Ceiling” means the maximum capacity on which Shippers may accumulate an Average Monthly Volume.

More Definitions of Average Monthly Volume

Average Monthly Volume means (a) for Shippers other than Committed Shippers, the average of their Actual Shipments, in the Available Capacity up to the Historical Ceiling, during the entire Base Period, and (b) for Committed Shippers, the greater of (i) the average of a Committed Shipper’s Actual Shipments, in the Available Capacity up to the Historical Ceiling, during the entire Base Period (or such portion of such Actual Shipments as shall not result in an allocation to another Committed Shipper under step (b)(i) below its Committed Volume for the allocation period), and (ii) the Committed Shipper’s Committed Volume applicable to the month of prorationing. For the avoidance of doubt, Actual Shipments that occur in capacity above the Historical Ceiling, are not eligible to be included in a Shipper’s Average Monthly Volume.

Average Monthly Volume means the average of a Historic Shipper’s Actual Shipments of Crude Petroleum with respect to the line segment or segments calculated in accordance with Item 110.

Average Monthly Volume means the manufacturer’s estimate of # of impressions that can be run each and every month while maintaining an acceptable MCBC.

Average Monthly Volume means the average monthly number of Items sent and received by Client via the EEX Services during the preceding [**CONFIDENTIAL**], or the number of months since the first Item was sent or received for Client through the EEX Services, if less than [**CONFIDENTIAL**].

Average Monthly Volume means the average of a Regular Shipper’s Actual Shipments of Crude Petroleum transported during the Base Period through the line segment or segments subject to prorationing.

Average Monthly Volume means the average of a Regular Shipper’s monthly volumes of Crude Petroleum tendered and received during the entire Base Period applicable to the Allocation Month. Average Monthly Volume may also be referred to herein as Shipper History, Shipment History, or History.

Average Monthly Volume means (a) for shippers other than Committed Shippers, the average of a Regular Shipper’s monthly volumes of Crude Petroleum tendered during the entire Base Period subject to prorationing, and (b) for Committed Shippers, the greater of (i) the average of a Committed Shipper’s monthly volumes of Crude Petroleum tendered during the entire Base Period subject to prorationing (or such portion of such average monthly volumes as shall not result in an allocation to another Committed Shipper under step (b)(ii) below that reduces such other Committed Shipper below its Committed Volume for the allocation period), and (ii) the Committed Shipper’s Committed Volume applicable to the month of prorationing.