Contract MDQ definition

Contract MDQ means the maximum daily quantity of Gas for which Gatherer will provide Firm Service to Shipper on the Gathering System in accordance with Exhibits A-2 and B-1 and the terms and conditions of this Agreement.
View Source
Contract MDQ or “MDQ” means the maximum daily quantity of gas which AGL is required to transport and the User may withdraw under a Service Agreement
View Source

Examples of Contract MDQ in a sentence

  • Gatherer shall provide Gathering Services to Shipper on a Firm Service basis for all Gas Tendered by Shipper up to the Contract MDQ applicable to each Term of this Agreement for so long as each such Term is effective.

  • In such event, Shipper shall be neither required, nor entitled, to increase the Contract MDQ to the Lower Rate MDQ.

  • If Shipper partially assigns the Transportation Agreement or permanently releases a portion of the capacity under the Transportation Agreement, Shipper shall maintain its Foundation Shipper status if Shipper's Contract MDQ under this Transportation Agreement at all times is at least 375,000 Dth/day (the "Minimum Capacity Commitment").

  • Foundation Shipper shall also be entitled to receive, in accordance with the provisions of FEP's Tariff, a credit for its pro rata share, based on the Contract MDQ of all shippers during the relevant period, of any penalty revenues collected by FEP which negotiated rate shippers are permitted to receive under then-applicable FERC policy and the provisions of FEP's Tariff.

  • Each Foundation Shipper shall receive a share of the IT revenue for any month which is prorated based on each Foundation Shipper's effective Contract MDQ during such month.

  • Gatherer shall amend Exhibit A-2 and Exhibit D to reflect changes in design or actual construction of the Gathering System and any change to the Contract MDQ that result from Incremental Expansions or otherwise made pursuant to this Section 4.2.

  • If Contract MDQ varies over the term of this Agreement, specify Contract MDQs and applicable effective dates below: Contract MDQ is Phase I Expansion Capacity: Yes ……………..No……………… 3.

  • Except as otherwise agreed by the Parties, ▇▇▇▇▇▇▇ shall also pay the rate of $0.055/Dth to TIGER for Authorized Overrun Service up to 50% in excess of the Contract MDQ and, for volumes in excess of 150% of the Contract MDQ, rates equal to the 100% load factor daily equivalent of the applicable maximum monthly base reservation rate as set forth in the Tariff.

  • Shipper shall then have five (5) business days prior to the beginning of the relevant month to notify FEP in writing of the quantity of Contract MDQ, if any, and the specific transportation path, to which Shipper desires the Interim Period Service to apply during such month.

  • If during any day, upon advance authorization from the Company, the Customer uses in excess of 110% of the Contract MDQ, such usage shall be billed under this Service Classification.