Daily Minimum definition
Examples of Daily Minimum in a sentence
With the exception of the Maintenance Timeframe described in ▇▇▇▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇ shall, at all times, endeavor to deliver the Daily Minimum Guaranteed Output, irrespective of any diminished supply concerns to Westfield’s treated water customers.
If the December Total Terminal Throughput Volume exceeds the Aggregate Daily Minimum Throughput Volume Commitment, the December Total Terminal Throughput Volume shall be reduced by the amount that the credit could have been used in one or more previous calendar months of that calendar year, but only to the extent that a deficiency existed in a previous calendar month that the credit could have been used to offset and that no other credit was applied to that month.
However, if CITGO fails or refuses to execute the CITGO Consent or if CITGO exercises its Right of First Refusal, then the term “Aggregate Daily Minimum Throughput Volume Commitment” shall mean 33,250 Barrels of Products per day from the Acquired Terminals.
For clarity, the Throughput Volume Fees payable by Customer to ▇▇▇▇▇▇▇▇▇ during a calendar year, if the Total Terminal Throughput Volume is less than or equal to the Aggregate Daily Minimum Throughput Volume Commitment for the year (excluding Additive Fees or Other Fees), shall be approximately $7.03 million per year.
During the Maintenance Timeframe, Westfield shall provide as much of the 5.0 MGD Daily Minimum Guaranteed Output as possible.
If the quality of the raw water is such that the DOW cannot accept the raw water from Westfield, or must accept a diminished amount, then the Minimum Monthly Guaranteed Revenue Payment from DOW to Westfield outlined in Paragraph 9 shall be adjusted by the same percent decrease from the Daily Minimum Guaranteed Output.
Highland Park shall be obligated to pay for the Daily Minimum quantity of water.
At any time raw water delivered to the DOW, on a monthly basis, is less than the required Daily Minimum Guaranteed Output per Paragraph 6 of this Agreement at no fault of the DOW, Westfield shall adjust the monthly ▇▇▇▇ accordingly.
The Parties expressly agree that Alon’s Minimum Delivery Period Volume obligation during the Extension Term shall be the sum of the applicable Daily Minimum Volume for each Day during the Extension Term.
Upon discovery of a Power Outage, Westfield shall have 24 hours to reestablish the 5.0 MGD Daily Minimum Guaranteed Output.