Committed Volumes means our expected volumes to be sold to customers under binding contracts, non-binding letters of intent, non-binding memorandums of understanding, binding or non-binding term sheets or have been officially selected as the winning provider in a request for proposals or competitive bid process. We cannot assure you if or when we will enter into binding definitive agreements for the sales of volumes under non-binding letters of intent, non-binding memorandums of understanding, non-binding term sheets or based on our selection as the winning provider under a request for proposals or competitive bid process. Some but not all of our contracts contain minimum volume commitments, and our expected volumes to be sold to customers reflected in our “committed volumes” is substantially in excess of such minimum volume commitments.
Committed Volumes means our expected volumes to be sold to customers under (i) binding contracts, (ii) non-binding letters of intent, (iii)
Committed Volumes means, with respect to a Committed Shipper, the volumes of Crude Petroleum dedicated, nominated and Tendered by such Committed Shipper under the applicable COGA with Carrier.
Examples of Committed Volumes in a sentence
If any Shipper fails to tender volumes (excluding any Committed Volumes and Make-Up Volumes) during the Month equal to one hundred percent (100%) of its Binding Nomination for that month, that Shipper shall pay to the Carrier, in the aggregate, the tariff charge for one hundred percent (100%) of the Binding Nomination.
In the event Gatherer curtails some, but not all, such Crude Oil in a particular month, Gatherer shall allocate the available System Capacity among Priority Shippers on a pro rata basis based on the proportion of a Priority Shipper’s Committed Volume to the total aggregate Committed Volumes of all Priority Shippers then, but in no event to exceed each Priority Shipper’s nominated amount.
Subject to Item 7(E) below, to the extent any additional capacity exists up to the total Committed Volumes of all Priority Shippers, Gatherer shall allocate such additional capacity based upon the average delivered volumes for Priority Service of each Priority Shipper for the twelve (12) Month period ending two months prior to the month in which such curtailment is to be effective, but in no event to exceed each Priority Shipper’s nominated amount, unless such period is stated otherwise in a COGA.
Each Contract Shipper will be allocated the lesser of its Nominated Committed Volume or its actual Nomination for the month; however, if capacity were to be reduced, Contract Shippers’ allocations would be reduced in proportion to their respective Committed Volumes.
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More Definitions of Committed Volumes
Committed Volumes means, with respect to a Committed Shipper, the volumes of Crude Petroleum nominated and Tendered by such Committed Shipper under the applicable Transportation Services Agreement with Carrier.
Committed Volumes means, with respect to Material Projects at the time of any Remeasurement Date, committed volumes in respect of such Material Projects as determined by the Borrower in good faith and certified by a Responsible Officer of the Borrower; provided that in the case of the La Paz Project, Committed Volumes in the first five years following the commercial operations date shall be as specified on Schedule 1.01(C).
Committed Volumes or references to Commitments means our expected volumes to be sold to customers under binding contracts, awards under request for proposals, and the agreement being finalized for our project in Southeast Asia as of the period specified in the Presentation. There can be no assurance that we will enter into binding agreements for the awards we have under requests for proposals or our project in Southeast Asia on a particular timeline or at all. Some, but not all, of our contracts contain minimum volume commitments, and our expected volumes to be sold to customers reflected in our “Committed Volumes” are substantially in excess of such minimum volume commitments. Our near-term ability to sell these volumes is dependent on our customers’ continued willingness and ability to continue purchasing these volumes and to perform their obligations under their respective contracts. If any of our customers fails to continue to make such purchases or fails to perform its obligations under its contract, our operating results, cash flow and liquidity could be materially and adversely affected. References to Committed Volumes in the future and percentages of these volumes in the future should not be viewed as guidance or management’s view of the Company’s projected earnings, is not based on the Company’s historical operating results, which are limited, and does not purport to be an actual representation of our future economics.
Committed Volumes. (i) in the case of gas supplied by a member of the Salmon U.S. Partner Group, means the A-Line Quantity (as defined in the Supply Agreement with such member) in effect at the time and (ii) in the case of gas supply by any member of the Shell Partner Group or the Tejas Partner Group, means volumes of natural gas required for the Partnership's performance of delivery obligations under gas sales and purchase contracts in effect at the time viewed at the level of the Partnership's requirement for such volumes to fulfill its overall contractual commitments and, where applicable, in relation to specific contracts where volume requirements can only commercially realistically be satisfied from one source.
Committed Volumes means collectively, each of (a) the Committed Chips Volume for a Contract Year and (b) the Committed Residual Fibre Volume for a Contract Year.
Committed Volumes means our expected volumes to be sold to customers under binding contracts, non-binding letters of intent, non-binding memorandums of understanding or have been officially selected as the winning provider in a request for proposals or competitive bid process. We cannot assure you if or when we will enter into binding definitive agreements for the sales of volumes under non-binding letters of intent, non-binding memorandums of understanding or based on our selection as the winning provider under a request for proposals or competitive bid process. Some but not all of our contracts contain minimum volume commitments but our expected sales to customers under committed volumes is substantially in excess of such minimum volume commitments. Our near-term ability to sell these volumes is dependent on our customers’ continued willingness and ability to continue purchasing these volumes and to perform their obligations under their respective contracts. If any of our customers fails to perform its obligations under its contract, our operating results, cash flow and liquidity could be materially and adversely affected. References to committed volumes in the future and percentages of these volumes in the future should not be viewed as guidance or management’s view of the Company’s projected earnings, is not based on the Company’s historical operating results, which are limited, and does not purport to be an actual representation of our future economics. See the risk factors titled, “We have not yet completed contracting, construction and commissioning of all of our Terminals and Liquefaction Facilities. There can be no assurance that our Terminals and Liquefaction Facilities will operate as expected, or at all”, “Our ability to implement our business strategy may be materially and adversely affected by many known and unknown factors” and “Our current ability to generate cash is substantially dependent upon the entry into and performance by customers under long-term contracts that we have entered into or will enter into in the near future, and we could be materially and adversely affected if any customer fails to perform its contractual obligations for any reason, including nonpayment and nonperformance, or if we fail to enter into such contracts at all” in our previous public filings and our forthcoming report on Form 10-K.
Committed Volumes means the **** minimum volumes of **** mutually agreed to, and set forth in, a Committed Pharmacy Agreement between Medical Imaging and a Member or Member Radiopharmacy Family. Such **** minimum volumes shall be established for each Member or Member Radiopharmacy Family based on **** volumes for such Member or Member Radiopharmacy Family or volume estimates appropriate for the time frame in which such Member or Member Radiopharmacy Family is expected to be a Committed Member.