Hourly Peaking Limit definition

Hourly Peaking Limit has the meaning given in clause 10.1.
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Examples of Hourly Peaking Limit in a sentence

  • For each Gas Hour following the issue of a notice pursuant to clause 10.4(e) that the Shipper exceeds an Outer Hourly Peaking Limit, the Shipper must pay at the Hourly Peaking Rate an Hourly Peaking Charge for each GJ of Gas Received in excess of the relevant Outer Hourly Peaking Limit during that Gas Hour in accordance with clause 20.

  • Hourly Peaking Limit has the meaning given in clause 10.1. Hourly Peaking Rate means the rate specified in row 2 of Schedule 2.

  • Outer Hourly Peaking Limit has the meaning given to it in clause 10.4. Outlet Metering Equipment means Metering Equipment which the Operator is required by clause 15.2(a) to supply, install, Operate and Maintain at an Outlet Station at the Shipper's expense.

  • A notice given under this clause 10.4(e) is only valid for the purposes of clause 10.4(b) and clause 10.3(d)(ii) until Shipper has ceased to exceed the Hourly Peaking Limit.

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