Imbalance Correction Quantity definition

Imbalance Correction Quantity means, for a Day, the quantity of Gas (if any) which has been posted by the Service Provider on the EBB, and which is required to be corrected, under clause 19.2;
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Imbalance Correction Quantity means, for a Day, the quantity of Gas (if any) in respect of User that has been posted by Service Provider on the CRS, and which is required to be corrected by User under clause 17.2. Impost means any tax, excise, charge, levy, duty, fee, rate, royalty (whether based on value, profit or otherwise) or impost levied, charged or imposed on Service Provider by any Government Agency, or on an Affiliate of Service Provider by any Government Agency and passed through to Service Provider, and includes the cost of any certificate or instrument required to be acquired, but does not include GST.
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Imbalance Correction Quantity means, for a Day, the quantity of Gas (if any) in respect of User that has been posted by Service Provider on the CRS, and which is required to be corrected by User under clause 16.2. Impost means any tax, excise, charge, levy, duty, fee, rate, royalty (whether based on value, profit or otherwise) or impost levied, charged or imposed on Service Provider by any Government Agency and includes the cost of any certificate or instrument required to be acquired, but does not include GST.
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Examples of Imbalance Correction Quantity in a sentence

  • Except as otherwise provided in this Agreement, on a Day for which there are Scheduled Delivery Quantities, Service Provider will deliver to User at the nominated Delivery Points the quantity of Gas supplied by User on that Day at the nominated Receipt Point(s), less System Use Gas and the Imbalance Correction Quantity, up to the aggregate of the Scheduled Delivery Quantities.

  • Except as otherwise provided in this Agreement, on a Day for which there is one or more Scheduled Delivery Quantities, Service Provider will deliver to User at the nominated Delivery Point(s) the quantity of Gas supplied by User on that Day at the nominated Receipt Point(s), less System Use Gas and the Imbalance Correction Quantity, up to the aggregate of the Scheduled Delivery Quantities.

  • Except as otherwise provided in this Agreement, on a Day for which there are one or more Scheduled Receipt Quantities, Service Provider will accept from User at the nominated Receipt Point(s) the quantity of Gas supplied by User up to the Scheduled Receipt Quantity(ies) plus any System Use Gas and the Imbalance Correction Quantity.

  • Except as otherwise provided in this Agreement, on a Day for which there is one or more Scheduled Receipt Quantities, Service Provider will accept from User at the nominated Receipt Point(s) the quantity of Gas supplied by User up to the Scheduled Receipt Quantity(ies) plus any System Use Gas and the Imbalance Correction Quantity.

  • Except as otherwise provided in this Agreement, on a Day for which there are one or more Scheduled Receipt Quantities, Service Provider will accept from User at the nominated Receipt Point(s) the quantity of Gas supplied by User up to the Scheduled Receipt Quantity(ies) plus the Imbalance Correction Quantity.

Related to Imbalance Correction Quantity

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

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

  • 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.

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

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

  • 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.

  • 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.

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

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

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

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Material Gas Imbalance means, at any time, with respect to all Gas Balancing Agreements to which any Credit Party is a party or by which any Mineral Interest owned by any Credit Party is bound, a net gas imbalance at such time to all such Credit Parties in excess of, in the aggregate, three percent (3%) of the Borrowing Base then in effect.

  • 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.

  • Batch means a specific quantity of Product that is intended to have uniform character and quality, within specified limits, and is produced according to a single manufacturing order during the same cycle of manufacture.

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

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

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

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Metering Point means, for meters that do not use instrument transformers, the point at which the billing meter is connected. For meters that use instrument transformers, the point at which the instrument transformers are connected.

  • Product Schedule means PTC’s standard order form entitled “PTC Product Schedule” (including all schedules, attachments and other document(s) specifically referenced therein) or such alternative order form as may be submitted by Customer and accepted by PTC, in each case that specifies (i) the Licensed Products and/or Services ordered; and (ii) for Licensed Products, the installation address (including the Designated Country) and the Licence Term.

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

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • 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-xxxx environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Product Backlog means a list of those Stories that do not form part of the current Sprint Plan at that time and which are to form the subject of a future Sprint, either in the current Release at that time or a subsequent Release;

  • Calibration gas means a gas mixture used to calibrate gas analysers.