Base Load Requirements definition

Base Load Requirements means the firm gas purchase or firm transportation requirements of Buyer up to and including a total quantity of fifteen (15) million MMBtu per calendar year to serve Buyer's customers through Buyer's Facilities during each calendar year of this Agreement. Section 8. "Btu" means the amount of heat required to raise the temperature of one avoirdupois pound of pure water from fifty-eight and five tenths degrees (58.5 degrees) Fahrenheit at a constant pressure of fourteen and sixty-five hundredths (14.65) pounds per square inch absolute ("psia"). Section 9. "MMBtu" means one million (1,000,000) Btu. Section 10. "Operating Agreement" means the agreement between Westar Transmission Company ("Westar") and Energas Company, dated December 1, 1996 covering measurement equipment and testing, measurement specifications, pressures, quality, maintenance of facilities, and other operational matters.
Sample 1
Base Load Requirements means the firm gas purchase or firm transportation requirements of Buyer up to and including a total quantity of fifteen (153 million MMBtu per calendar year as set forth in the Base Load Agreement between the Parties dated January 1, 1996. Section 8. "Swing Load Requirements" means the quantity of gas required by Buyer in excess of Buyer's Base Load Requirements' up to Buyer's total system requirements. Section 9. "Btu" means the amount of heat required to raise the temperature of one avoirdupois pound of pure water from fifty-eight and five tenths (58.5) degrees Fahrenheit to fifty-nine and five tenths (59.5) degrees Fahrenheit at a constant pressure of fourteen and sixty-five hundredths (14.65) pounds per square inch absolute. Section 10. "MMBtu" means one million (1,000,000) Btu. Section 11. "Operating Agreement" means the agreement between Westar Transmission Company ("Westar") and Energas Company, dated December 1, 1996, covering measurement equipment and testing, measurement specifications, pressures, quality, maintenance of facilities, and other operational matters. Section 12. "No-Notice Load Requirements' means Swing Load Requirements required by Buyer which exceeds a daily "Threshold Level". The Threshold Lever is 135,000 MMBtu per day. The Threshold Level may be reviewed annually by both Parties and adjusted upward or downward by mutual agreement to compensate for changes in Buyer's Swing Load Requirements. Seller will estimate the No-Notice Load Requirements on a daily basis by subtracting the Threshold Level from Buyer's total estimated Swing Load Requirements sales. At the end of each month Buyer's estimated No-Notice Load Requirements will be actualized by adjusting the daily estimated volumes proportionally to Buyer's measured monthly Swing Load Requirements sales. Buyer's estimated Swing Load Requirements volume will be calculated daily by deducting from Seller's estimate of the combined total daily sales and transported volumes for Buyer and Buyer's affiliates EnerMart Trust (Enermart), and Egasco, Inc., (Egasco) in the following manner: A. The daily average volume of Buyer's Baseload Requirements purchased from Seller. B. Enermart industrial volumes will be deducted as an average daily volume of the total monthly sales by Seller to or transportation for Enermart for the applicable month; plus C. Enermart's and Egasco's irrigation volumes will be deducted as follows: 1. For the months of November through February, irrigation volumes be d...
Sample 1

Examples of Base Load Requirements in a sentence

  • The volumes will be allocated through the meters in the following order: (i) Imbalance Payback Quantity, (ii) Base Load Requirements- Energas transportation, (iii) Base Load Requirements - Energas/KN Marketing, L.P. sales, (iv) Swing Load Requirements - Energas/KN Marketing, L.P. sales.

  • Commencing on the Effective Date of this Agreement Seller agrees to sell and deliver to Buyer and Buyer agrees to purchase and receive firm quantities of natural gas on a Swing Load Requirements and a No-Notice Load Requirements basis to satisfy all of Buyer's natural gas requirements in Buyer's West Texas Service area and any of Buyer's Amarillo Supplemental Requirements in excess of Buyer's Base Load Requirements.

  • The volumes will be allocated through the meters in the following order (i) Imbalance Payback Quantity, (ii) Base Load Requirements - Energas transportation, (iii) Base Load Requirements- Energas/KN Marketing, L.P. sales, (iv) Swing Load Requirements- Energas/KN Marketing, LP.

Related to Base Load Requirements

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Reporting Requirements As defined in Section 11.12.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • JSE Listings Requirements means the Listings Requirements of the JSE applicable from time to time;

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Relevant Requirements means all applicable Law relating to bribery, corruption and fraud, including the Bribery Act 2010 and any guidance issued by the Secretary of State for Justice pursuant to section 9 of the Bribery Act 2010;

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Technical Requirements means the Technical Requirements in Section VII of the tendering documents.

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.