Capacity Overrun definition

Capacity Overrun means an Entry Capacity Overrun, an Exit Capacity Overrun, a Sub-Sea I/C Offtake Capacity Overrun or a Supply Point Capacity Overrun, as the case may be;
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Capacity Overrun means, in respect of any hour, a situation where the Shipper exceeds either of the following:
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Examples of Capacity Overrun in a sentence

  • For any Daily Exit Capacity Overrun on the Main Network, or Daily Transmission Capacity Overrun on the Regional Network or Daily Delivery Capacity Overrun less than or equal to three per cent (3%) of the corresponding Daily Capacity, no Price Supplement for Daily Capacity Overrun shall be due by the Shipper.

  • These Price Supplements constitute the only indemnification, which GRTgaz may claim in the event of a Daily or Hourly Capacity Overrun.

  • Should GRTgaz reduce or interrupt Daily Delivery Capacity on a given Day, the Daily Delivery Capacity Overrun for the said Day shall be calculated by reducing the Daily Delivery Capacity by the proportion thus interrupted or reduced.

  • For each Daily Transmission Capacity on the Regional Network specified in Appendix 2 to the Contract, the Daily Transmission Capacity Overrun on the Regional Network is equal to the Daily Delivery Capacity Overrun at the corresponding Delivery Point.

  • For any Daily Exit Capacity Overrun on the Main Network, or Daily Transmission Capacity Overrun on the Regional Network or Daily Delivery Capacity Overrun in excess of ten per cent (10%) of the said Daily Capacity, a Price Supplement related to the Daily Capacity Overrun shall be due by the Shipper, calculated as follows: where CPDCJ, PUQCJ, DCJ and CJ have the same definitions as above.

  • For any Hourly Capacity Overrun less than or equal to ten per cent (10%) of the corresponding Hourly Capacity, no Price Supplement for Hourly Capacity Overrun shall be due by the Shipper.

  • OVERRUN‌ Every day, for each Hourly Delivery Capacity specified in Appendix 2 to the Contract, the difference, if it is positive, between - The maximum value of the hourly average of the Hourly Quantity Delivered during four (4) consecutive hours on the relevant Day, and - The corresponding Hourly Delivery Capacity shall constitute an Hourly Capacity Overrun.

  • If GRTgaz agrees to an upward adjustment of the annual subscription in compliance with Sub-clause 4.1I, the price supplements linked to a Daily or Hourly Capacity Overrun billed on the basis of the old subscription remain acquired by GRTgaz.

  • If GRTgaz agrees to an upward adjustment of the annual subscription in compliance with Sub-clause 4.1I, the price supplements linked to a Daily or Hourly Capacity Overrun billed on the basis of the old subscription being retained by GRTgaz.

  • The Capacity Overrun Charge shall be calculated as described in the Transmission Tariff Code appended to the INC.