Examples of Capacity Reservation in a sentence
RCRRs into RCRR TCCs.RCRRs may be converted only into whole RCRR TCCs. If the Capacity Reservation Cap multiplied by the number of RCRR does not yield a whole number, then the number of RCRR TCCs that a Member System shall have a right to convert from RCRRs will be reduced to the nearest integer and the number of RCRRs that a Member System shall not have a right to convert to RCRR TCCs will be increased to the nearest integer.
The Toll Charge and the Capacity Reservation Charge are fixed charges and are payable monthly during the Term of Transportation Agreement by the User whether or not the User delivers or receives Gas under the Transportation Agreement, except in circumstances explicitly provided for under the Terms and Conditions.
Capacity Reservation Cap: The maximum percentage of transmission Capacity from a Transmission Owner’s sets of ETCNL that may be converted into ETCNL TCCs or themaximum percentage of a Transmission Owner’s RCRRs that may be converted into RCRR TCCs, as the case may be, as established by the ISO pursuant to Section 19.4.3 of Attachment M.
The issuance of a Capacity Reservation Certificate does not constitute land use or development approval.
Capacity Reservation Cap: The maximum percentage of transmission Capacity from a Transmission Owner’s sets of ETCNL that may be converted into ETCNL TCCs or themaximum percentage of a Member System’s RCRRs that may be converted into RCRR TCCs, as the case may be, as established by the ISO pursuant to Section 19.4.3 of Attachment M.