Consumption basis definition

Consumption basis or “consumption-based” means any offering that is metered with charges that accrue on a predetermined periodic basis (e.g., per second, minute, hour, week, month, or another per-unit basis) and is billed based on actual usage during an elapsed period with predetermined pricing or discounts.
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Consumption basis means any solution that is metered and billed on a predetermined periodic basis(e.g. per second, hour, week, or month) and is billed based on actual usage during an elapsed period with predetermined pricing or rates.
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Consumption basis or “consumption-based” means any offering that
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Examples of Consumption basis in a sentence

  • For each Application Workload used on a Consumption basis, the Consumption Fee shall be calculated by multiplying together the following: the Token Price, the applicable Token Rate, and the Consumption Time for such Application Workload.

  • As an illustrative example, for each Application Workload used on a Consumption basis, the Consumption Fee will be calculated by multiplying together the following: the Token Price, the applicable Token Rate, and the Consumption Time for such Application Workload.

  • Clause 7.8 shall apply if the Services are to be provided on a Consumption basis.

  • Clause 7.9 shall apply if the Services are to be provided on a Consumption basis.

  • Clause 8.8 shall apply if the Services are to be provided on a Consumption basis.

  • Clause 9.7 shall apply if the Services are to be provided on a Consumption basis.

  • The unit price for a Product sold on a Consumption basis may change during the Subscription period.

  • This Master Flexible Consumption Agreement (this “Master Agreement” or “MFCA”) is made effective as of April 25, 2022 (the This MFCA governs Customer's access to and use of a configuration of Products on a Flexible Consumption basis at an agreed Customer location, as described in one or more separately executed Flex Consumption Schedules (the “Schedule(s)”).

  • Clause 0 shall apply if the Services are to be provided on a Consumption basis.

  • Here the student learns to apply his newly acquired knowledge and skills through actual hands-on patient care in a carefully controlled setting under the guidance and supervision of qualified physical therapist clinical instructors.

Related to Consumption basis

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • Consumption Data means customer specific electric usage data, or weather adjusted data, including but not limited to kW, kWh, voltage, var, power factor, and other information that is recorded by the electric meter for the Company and stored in its systems. Consumption Data also includes payment and service history, account number, and amount billed.

  • 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.

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

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Net Metering Net metering refers to customers who sell electricity they produce, typically through a rooftop solar panel, back to the utility for credit. If you are a net metering customer, you should not enroll with XOOM because your net metering agreement will not transfer to XOOM once you enroll.

  • Electricity Supply Code means the Electricity Supply Code specified under section 50;

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Taximeter means any device for calculating the fare to be charged in respect of any journey in a hackney carriage or private hire vehicle by reference to the distance travelled or time elapsed since the start of the journey, or a combination of both; and

  • Bulk mixing plant means machinery, appliances or other similar devices that are assembled in such a manner so as to be able to mix materials in bulk for the purposes of using the mixed product for construction work;

  • 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.

  • average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing by three the total measured consumption of that service by that customer over the preceding three months;

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Quantity Surveyor means a duly qualified quantity surveyor of at least five (5) year’s experience in the assessment of building material and construction costs. Quantity Surveyor Assessment means an assessment by an independent Quantity Surveyor of the Construction Cost to the reasonable satisfaction of the Council. Regulation means the Environmental Planning and Assessment Regulation, 2000 (as amended).

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

  • Bottled water means water that is placed in a safety sealed container or package for human 696 consumption. Bottled water is calorie free and does not contain sweeteners or other additives except 697 that it may contain: (i) antimicrobial agents; (ii) fluoride; (iii) carbonation; (iv) vitamins, minerals, and 698 electrolytes; (v) oxygen; (vi) preservatives; and (vii) only those flavors, extracts, or essences derived 699 from a spice or fruit. "Bottled water" includes water that is delivered to the buyer in a reusable 700 container that is not sold with the water.

  • Blending means either the mixing of originally segregated Binned Grades within a Facility or during the outturn process.

  • Bulk gasoline terminal means a gasoline storage facility which receives gasoline from its supply source primarily by pipeline, ship, or barge, and delivers gasoline to bulk gasoline plants or to commercial or retail accounts primarily by tank truck; and has an average daily throughput of more than 76,000 liters (20,000 gallons) of gasoline.

  • Electricity supplier means any person, including aggregators, market aggregators, brokers, and marketers, offering to sell electricity to retail customers in the state of Montana.

  • Meter means a device which records the demand and/or the electrical energy consumed and includes conventional and prepayment meters;

  • Meters shall have the meaning set forth in Section 4.6(a) hereof.

  • Slug loading means any pollutant, including oxygen demanding pollutants, released in a discharge at a flow rate and/or pollutant concentration as to cause interference in the POTW.