Exit Point MDQ definition

Exit Point MDQ means, in respect of a CT Agreement and the relevant Exit Point, the maximum quantity of Gas, in MMBTU, which the Transporter is obligated to make available to the Shipper at that Exit Point on a Day, as requested by the Shipper. The CT Exit Point MDQ shall be set forth in the CT Agreement.
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Exit Point MDQ means, in respect of a GTA, the maximum quantity of Gas, measured in MMBtu, that Transporter is obligated (subject to the terms of the GTA) to make available for redelivery to Shipper at the relevant Exit Point on a Day under the GTA, as the same is specified in such GTA.
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Examples of Exit Point MDQ in a sentence

  • Further, the face value shall not be more than 30 Days multiplied by the Exit Point MDQ multiplied by the Transportation Tariff for each CT plus applicable Taxes.

  • At the request of Transporter, Shipper shall sell or provide its pro rata share of Gas for such purposes at the prevailing market price, in proportion to Shipper’s Exit Point MDQ.

  • At the request of Transporter, Shipper shall sell or provide its pro-rata share of Gas for such purposes at the prevailing market price, in proportion to Shipper’s Exit Point MDQ.

  • The amount under a Shipper LC shall be increased at least three (3) Business Days prior to the date when such increase in Exit Point MDQ, Tariff and/or applicable Taxes is to come into effect.

  • The amount under the Shipper LC shall be increased at least one (1) Week prior to the Date when such increase in Exit Point MDQ is to come into effect.

Related to Exit Point MDQ

  • Exit Point means a border control post or any other place designated by a Member State where animals, falling within the scope of Regulation (EC) No 1/2005, leave the customs territory of the Union;

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • 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.

  • Meet-Point Billing (MPB) means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.