Hourly Contract Quantity definition

Hourly Contract Quantity shall have the meaning given to it in clause 4;
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Hourly Contract Quantity means the quantity of Facility Energy for each hour reasonably capable of being generated by the Facility that is attributable to the Buyer’s Contract Capacity, as may be adjusted pursuant to Section 4.4.
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Hourly Contract Quantity means the quantity of Physical Power to be delivered or taken during each Delivery Hour of a Physically Settled Power Futures Transaction;
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Examples of Hourly Contract Quantity in a sentence

  • Only one MS issuing visas, thus harmonisation achieved in practice.

  • If Buyer’s usage at the Delivery Point is less than the Total Hourly Contract Quantity during any hour, Seller shall credit Buyer’s account at the Real Time market energy prices, as defined by the RTO for such hour, less any applicable RTO charges for each MWh below the Contract Quantity.

  • If Buyer’s usage at the Delivery Point exceeds the Total Hourly Contract Quantity during any hour, Buyer shall pay Seller the Real Time market energy price plus related delivery costs, as defined by the RTO for such hour, for each MWh above the Contract Quantity.

  • Seller shall Bid or Self-Schedule Product 1 consistent with the Delivery Profile in the amount of the Hourly Contract Quantity into the CAISO on behalf of Buyer as evidenced by E-Tags, or such other format acceptable to Buyer.

  • The Parties acknowledge that the Contract Price is a per mega-watt hour aggregation of the following components (and shall be settled for each month of the Delivery Term consistent with Section 2.6(c) of this Confirmation): LMP Index/MWh for the Hourly Contract Quantity of Product 1 (“LMP Index”); and $___/MWh for the forward capacity commitment supporting Product 1 delivery and carbon free attributes (“Attributes Price”).

Related to Hourly Contract Quantity

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

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • 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.

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

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

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • MMBtu means one million British Thermal Units.

  • 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.

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

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

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

  • Definite quantity contract means a fixed price contract that provides for a

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Electricity Supply Code means the Electricity Supply Code specified under section 50;

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • MWh means megawatt-hour.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • 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.

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

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

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

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.