Firm Volumes definition

Firm Volumes means, with respect to a TA Shipper, the volume of Petroleum set out in such TA that is to be received and transported by Carrier on a Firm basis.
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Firm Volumes means, with respect to a TSA Shipper, the volume of Crude Petroleum set out in such TSA Shipper’s Transportation Services Agreement that is to be received and transported by Carrier on a Firm basis.
Sample 1

Examples of Firm Volumes in a sentence

  • If the Designated Firm Volumes of a Marketer in a Pool are greater than both its DSR and its actual Firm deliveries to its Firm Retail Customers, the volumes subject to daily balancing will be Marketer’s Designated Firm Volumes less its actual deliveries to its Firm Retail Customers.

  • If for any given Day a Marketer nominates a peaking service other than the Company’s Peaking service, such Marketer will be subject to daily balancing with respect to the difference between the sum of its Designated Firm Volumes and its prorata share of MARS in a Pool and actual deliveries to its Firm Retail Customers in the Pool.

  • If the Designated Firm Volumes of a Marketer in a Pool are equal to its DSR in such Pool, then no daily balancing charge will be assessed.

  • In the event a Marketer nominates its DSR on any given Day on an interstate pipeline’s EBB and on the Company’s EBB and such volume is not scheduled by the interstate pipeline and said Marketer’s allocated Firm demand is less than or equal to the Designated Firm Volumes at the Aggregate Pool level, then no charge for deficient volumes of DSR shall be assessed on said volumes for such Day.

  • For Marketers serving both Firm and Interruptible Retail Customers, the Company will use both the Designated Firm Volumes and the Designated Interruptible Volumes of a Marketer in a Pool to determine the volumes subject to daily balancing.

  • Any positive difference between (i) a Marketer’s Designated Firm Volumes and its actual deliveries to its Firm Retail Customers or (ii) a Marketer’s Designated Interruptible Volumes and its actual deliveries to its Interruptible Retail Customers may be used to offset any negative difference between (i) or (ii) above, provided however that MARS volumes will not be used to serve Interruptible Retail Customers.

  • Any positive difference between (i) a Marketer’s Designated Firm Volumes and its actual deliveries to its Firm Retail Customers or (ii) a Marketer’s Designated Interruptible Volumes and its actual deliveries to its Interruptible Retail Customers may be used to offset any negative difference between (i) or(ii) above, provided however that MARS volumes will not be used to serve Interruptible Retail Customers.

  • Rate: Annual UsageMonthly Basic ChargeDelivery Charge Per ThermCost of Gas Per ThermLess than 120,000 Therms$160.00 Firm Volumes $0.16769$0.12081Interruptible Volumes $0.13764$0.00000Greater than or equal to 120,000 Therms$ 195.00 Firm Volumes $0.16769$0.12081Interruptible Volumes $0.12708$0.00000Interim SurchargeEffective January 1, 2022, customers’ bills will be increased on an interim basis by 12.0% on the monthly basic charge and the delivery charge per therm.

  • PER THERM $900.00 Firm Volumes Demand Charge (of billing demand) $0.42990$0.70104Commodity Charge (per therm) $0.07048$0.30026Interruptible Volumes $0.07048$0.30026 Interim Surcharge Effective January 1, 2020, customers’ bills will be increased on an interim basis by 13.7% on the monthly basic charge, the GAP charge, and the delivery charge per therm.

Related to Firm Volumes

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Net metering customer means a customer of the electric distribution company

  • Supply Price has the meaning set forth in Section 6.2.

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Throughput means the measure of production, or factor related to production, used to determine the relationship between the amount of energy used by the target unit and the levels of activity of the target unit, as set out in Schedule 6 to an underlying agreement; “the Tribunal” means the First-tier Tribunal established under the Xxxxxxxx Xxxxxx xxx Xxxxxxxxxxx Xxx 00000;

  • 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.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Feedstock means a solid waste that will readily decompose during the composting process including but not limited to yard waste, agricultural waste, animal waste, food scraps, animal carcasses, raw rendering material, and mixed solid waste.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • MMBtu means one million British thermal units.