Historic Demand definition

Historic Demand means in relation to: (a) the First Procurement Round, the volume of natural gas supplied by the previous Gas Supplier to the relevant DM Meter as determined by reference to the invoiced volume of natural gas in respect of a period of a Year ending on the six (6) Month Procurement Round Commitment Point for the First Procurement Round; and (b) subsequent Procurement Rounds, the volume of Gas Products supplied by the Supplier to the relevant DM Meter in the previous Procurement Round in the relevant Procurement Year.
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Historic Demand has the meaning given to it in the Framework Agreement.
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Historic Demand means the estimated annual quantity of water, as determined by Authority, historically delivered by Authority or Authority’s predecessor to a Service Property.
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Examples of Historic Demand in a sentence

  • As soon as reasonably practicable after the Commencement Date, the Authority shall notify the Supplier of the Managed Registration Information and Historic Demand (save, in either case, to the extent that the Supplier already has it) for each Existing Customer (including the MPRNs for each of the Meters included in all Supply Points at each of the Customer’s Sites).

  • The Customer's estimate may only deviate from Historic Demand on reasonable grounds and the Customer shall provide the Supplier with its grounds for such deviation ("Nominated Consumption").

  • Save to the extent the Supplier already has it, the Authority shall provide the Supplier with the Historic Demand in respect of the First Procurement Round at the same time as it provides the Supplier with the Managed Registration Information.

  • Historic Demand in relation to: (i) the First Price Setting Round, the volume of natural gas supplied to the relevant Meter as determined by reference to the invoiced volume of natural gas in respect of a period of a Year ending on the six (6) Month Price Setting Round Commitment Point for the First Price Setting Round; and (ii) subsequent Price Setting Rounds, the volume of Gas Products supplied by the Supplier to the relevant Meter in the previous Price Setting Round in the relevant Supply Year.

  • The Customer shall ensure that the Nominated Consumption is, as far as is reasonably practicable, based on the Historic Demand of natural gas supplied to the DM Supply Meter Point and takes into account any planned shutdowns of the DM Supply Meter Point in the relevant Supply Year.

  • Such proposal shall be based on the Historic Demand for that DM Meter and shall take into account any planned shutdowns of the Site or Supply Point affecting the DM Meter as notified by the Customer to the Supplier in accordance with the Customer Contract.

Related to Historic Demand

  • Demand has the meaning set forth in Section 2.1(a).

  • Historic district means an area, or group of areas not necessarily having contiguous boundaries, that contains 1 resource or a group of resources that are related by history, architecture, archaeology, engineering, or culture.

  • Maximum Demand means the greatest demand required by a customer during a specific length of time.

  • Historic property means any prehistoric or historic site, district, building, object, or other real or personal property of historical, architectural, or archaeological value, and folklife resources. These properties or resources may include, but are not limited to, monuments, memorials, Indian habitations, ceremonial sites, abandoned settlements, sunken or abandoned ships, engineering works, treasure trove, artifacts, or other objects with intrinsic historical or archaeological value, or any part thereof, relating to the history, government, and culture of Florida.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Demand Notice has the meaning set forth in Section 2(a)(i).

  • Rating Information means any information provided for the purpose of determining the initial credit rating for the Notes or undertaking credit rating surveillance on the Notes (as contemplated by paragraph (a)(3)(iii)(C) of Rule 17g-5).