Base Volumes definition

Base Volumes means the volume of Demethanized Mix previously dedicated to Carrier by a Committed Shipper as determined in accordance with Section 2.3.1 of the TSA of such Committed Shipper.
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Examples of Base Volumes in a sentence

  • DOE shares the opinion of Western Gas that: Since it is indexed on a monthly basis to the cost of other supplies available to Northern, the price of Base Volumes under the Contract is structured to ensure it remains competitive over the term of the import.

  • If prior to or during a Delivery Month CCC needs volumes of Product in excess of the Base Volumes ("Additional Volumes"), as soon as reasonably possible prior to the Day CCC desires for the delivery of such Additional Volumes to commence, CCC shall request that such Additional Volumes be supplied by WPC.

  • Base Volumes shall mean the minimum Daily volume of Products that CCC will agree to purchase and WPC will agree to sell and deliver each Month during each Delivery Period.

  • Chart 5 illustrates the proportion of Variable Gas Quantities relative to the Firm Fixed Quantities for a representative year: Chart 5 – Base and Peaking Volumes with Demarcation Collar Base Volumes Demarcation Collar Peak Volumes60 50 MMcf per day40 30 20 10 0Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source: Chugach 2007 Daily Gas Volume Regulatory Commission of Alaska May 12, 2009Page 10 of 18 Attachment 2 to the Contract sets forth how the pricing will be determined.

  • Not later than the fifteenth (15th) day of the Month immediately following the Month for which the consideration is due, Shipper shall pay to Gatherer the Gathering Fees and the Commodity Fee for the Base Volumes for the Month for which the consideration is due.

  • In settling the dispute, the Accounting Arbitrator (a) shall determine the Volumes of Released Gas and the likely production curve based upon the then proved producing reserves of the xxxxx delivering to the applicable Receipt Point and such Volumes shall be deducted from the Base Volumes and (b) shall be permitted to engage technical consultants, including independent engineering firms, as necessary.

  • The fact that 97% of successful tasks are matched to o↵ers within 48 hours of posting suggests segmenting the data in time as well.

  • In connection with any proposed assignment, Shipper shall deliver to Gatherer a written proposal detailing (i) the manner in which Shipper proposes to allocate the Base Volumes and any balance then existing in the Monthly Excess Bank between Shipper and the prospective assignee and (ii) a proposed crediting mechanism for adding Monthly Excess Volumes to the Monthly Excess Bank.

  • Andeavor maintains that it does not ask the Commission to interpret contracts but rather to enforce the ICA and Commission policy.33First, Andeavor reasserts that Mid-America’s imposition of a ship-or-pay obligation on uncommitted volumes is contrary to Commission policy, and Respondents’ answer purposefully skews this fact by claiming that such obligations are not being levied against uncommitted Base Volumes.

  • As discussed above, the contract price for Base Volumes is calculated according to Northern's PGA filed with the FERC less a percentage of Canadian transporter demand charges recovered by Northern in the commodity portion of its modified fixed variable rates.

Related to Base Volumes

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

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

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Throughput means the measure of production, or factor related to production, used to determine the relationship between the amount of energy used by the target unit and the levels of activity of the target unit, as set out in Schedule 6 to an underlying agreement; “the Tribunal” means the First-tier Tribunal established under the Xxxxxxxx Xxxxxx xxx Xxxxxxxxxxx Xxx 00000;

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Receipt Point(s) means the receipt points set forth in Section 6 of this Toll Schedule.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.