Excess Quantity definition

Excess Quantity has the meaning specified in Section 7.10(a).

Excess Quantity shall have the meaning set forth in Section 4.1(d).

Excess Quantity means any portion of an Supplemental Quantity that, due to the application of the proration policy under the Supplemental Pipeline Tariff, may not be transported by Xxxx under its status as designated shipper on the Supplemental Pipeline and instead is subject to a buy/sell transaction consisting of a sale from Xxxx to Alon USA and a subsequent sale from Alon USA to Xxxx. NY2-693175

Examples of Excess Quantity in a sentence

• If LMM declines to exercise this option after receiving Shipper’s written information and request to increase the MDQ the Excess Quantity shall be released from dedication to LMM for Gathering under this Agreement.

• Failure of Shipper to give such written information and request to LMM shall not impair LMM’s option under this Section 2.1. LMM shall have the option to increase the MDQ by the Excess Quantity which it shall exercise, if at all, by providing written notice thereof to Shipper within ten (10) Business Days after LMM receives Shipper’s written information and request to increase the MDQ or at any time if Shipper does not give LMM such written information and request.

• If it appears that the Daily quantity of Shipper’s Gas exceeds or is likely to exceed the MDQ, then Shipper shall provide LMM with such written information as necessary to confirm the amount by which the Daily quantity of Shipper’s Gas exceeds or is likely to exceed the MDQ (“Excess Quantity”) and shall request in writing an increase in the MDQ equal to the Excess Quantity.

• If LMM exercises this option, then this Agreement shall be unilaterally amended by LMM to increase the MDQ by the Excess Quantity effective LMM the date LMM completes all facilities necessary to Gather the Excess Quantity on a Guaranteed Capacity basis.

• Within three (3) Business Days after such notice is given, Xxxx shall advise the Company as to whether Xxxx accepts such Excess Quantity (in which case Section 7.10(b) shall apply) or rejects such Excess Quantity (in which case Section 7.10(c) shall apply).

More Definitions of Excess Quantity

Excess Quantity means a quantity equal to [***] of the then current binding forecast of the Products for the applicable time period.

Excess Quantity has the meaning specified in Section 7.10(a). “Exchange Act” means the Securities Exchange Act of 1934. “Existing Financing Agreements” means the Financing Agreements listed on Schedule L. “Expiration Date” has the meaning specified in Section 3.1. “Facilities Operator Affiliates” means any Affiliate of Company that operates any Refinery Facilities, including, for avoidance of doubt, Calumet Montana pursuant to the Montana Renewables Services Agreement or such other agreements.

Excess Quantity means [(the aggregated quantities actually consumed by Buyer during the month) minus (125% of the aggregated monthly contract usage quantities listed on Exhibit B for the applicable month)].

Excess Quantity has the meaning given in clause 5.4(e).

Excess Quantity in respect of each month during the Extra Discount Period Product sold and delivered to Buyer in the relevant Contract Year in excess of 200,000 Tons divided by 12 (and a pro rata quantity in respect of part of a month).

Excess Quantity as defined in Clause 8.9.

Excess Quantity has the meaning set forth in Section 2.2(b).