Contractual MDQ definition

Contractual MDQ means the fixed maximum quantity of Gas (in GJ) that the Service Provider is obliged to reserve for the account of the Shipper each Day, inclusive of System Use Gas and any Gas for correcting Imbalances but excluding Purchased Capacity. The Contractual MDQ for any Day other than twenty-four (24) hours in length will be the proportion of that amount that the length of the day bears to twenty-four (24) hours.
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Contractual MDQ means, in respect of a Path under a Service, the fixed maximum quantity of Gas (in GJ) that the Service Provider is obliged to reserve in respect of that Path under this document for the account of the Shipper each Day, inclusive of System Use Gas, any Gas for correcting Imbalances and any Increased MDQ for the Day that the Service Provider accepts pursuant to clause 6.3(d)(i) but excluding Purchased Capacity. The Contractual MDQ for any Day other than twenty-four (24) hours in length will be the proportion of that amount that the length of the day bears to twenty-four (24) hours.
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Contractual MDQ means, in respect of a Service, the maximum quantity of Gas (in GJ) that the Service Providers are obliged to receive, transport and deliver under this document for the account of the Shipper each Day (as set out and determined in accordance with Schedule 2 to this document) and including any Additional MDQ for the Day that the Transporter accepts pursuant to clause 6.3(b) but excluding Purchased Capacity.
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Examples of Contractual MDQ in a sentence

  • Service Charges are not affected by Curtailment except that in respect of a Service that is Curtailed in accordance with clause 20.1(c), the Service Charges will be calculated on the basis of the quantities of Gas actually delivered in respect of that Service on any Day, rather than on the basis of the Shipper's Contractual MDQ.

  • In the case of a Firm Gas Transportation Service, so long as the Service is curtailed under clause 21.2 (but not clause 21.1), the Shipper’s applicable Service Charge will be worked out on the basis of the quantities of Gas actually injected by and delivered to the Shipper, rather than on the basis of the Contractual MDQ.

  • In respect of a Firm Gas Transportation Service, subject to any right of the Transporter to reduce (or not provide) the Service under this Agreement, the Transporter may agree to increase (but not decrease) the Contractual MDQ during the Period of Supply, subject to availability of Capacity on the Pipeline.

  • Forward Haulage Service Charge [insert] per GJ of Contractual MDQ per Day Imbalance Charge As per clause 8.6 of Part B.

  • The Shipper may request an increase in the Contractual MDQ in respect of a Path for any Service by notice in writing to the Service Providers no later than 72 hours before the implementation is requested to be effective.

  • A closing (“Closing”) on an Investor’s subscription may occur at any time, as determined by the Company, together with, or separate from, subscriptions by other investors.

  • In respect of a Service that is Curtailed in accordance with clause 21.1, notwithstanding clause 20.1(d), the Service Charges will be calculated on the basis of the quantities of Natural Gas actually delivered in respect of that Service on any Day, rather than on the basis of the Shipper's Contractual MDQ.