Long Term Capacity definition

Long Term Capacity means Long Term Entry Capacity and/or Long Term LDM Exit Capacity, Sub-Sea I/C Offtake Capacity and/or DM Exit Capacity which is made available or booked (as the context requires) by a Shipper at or in respect of a DM Offtake or NDM Exit Capacity which is made available or booked (as the context requires) by a Shipper when the Shipper becomes the Registered Shipper at or in respect of a DM Offtake, or NDM Supply Point (as the case may be);
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Long Term Capacity has the meaning given in the Port Loading Protocols. Loss means any damage, payment, charge, loss, cost, liability (whether actual, contingent or prospective), claim or expense (including legal costs and expenses).
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Long Term Capacity means the capacity acquired by a Customer pursuant to the process set out in Part B of the Port Terminal Rules.
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Examples of Long Term Capacity in a sentence

  • Shippers are allowed to make Long Term Capacity Rebooking during the 1 week period following the Long Term Capacity booking process.

  • Recall that the contracts here are standard offer capacity agreements contemplated by the Long Term Capacity Agreement Pilot Program.

  • Shippers are allowed to make Medium Term Capacity Rebooking for the period open for Medium Term Capacity booking during a 1 week period following the Long Term Capacity booking process.

  • This is commonly referred to as the application of a “prevailing price methodology”.This significant change in the charging arrangements means that Users are unable to lock-in a price for Long Term Capacity, resulting in Users being exposed to unpredictable and variable future costs.

  • Based on the foregoing facts and law, the Court declares that the Long Term Capacity Agreement Pilot Program Act (LCAPP) is preempted by the Federal Power Act and in violation of the Supremacy Clause of the United States Constitution; and is therefore null and void.

  • Clients may apply for Additional Long Term Capacity within the time period specified in respect of that Additional Long Term Capacity on the Viterra Website.

  • If the Customer has agreed to acquire Long Term Capacity, within a reasonable amount of time following the date that is 3 years from the execution of this Agreement, the parties will meet and negotiate in good faith to review the Customer’s allocation of Long Term Capacity or the potential acquisition and allocation of Additional Capacity (as that term is defined in the Port Terminal Rules) to the Customer as new Long Term Capacity.

  • Delegated legislation and bye-lawsBelow the rank of the formal statutes come all forms of sub-statutory rules (statutory instrument) set up by delegated legislation and bye-laws for example issued by the municipalities or other bodies empowered with the right of self-governance by legal statutes.

  • Post implementation of Modification Proposal 0678A, the costs of holding Long- Term Capacity cannot be fixed as a result of the application of prevailing prices and the potential for a further capacity-based Revenue Recovery Charge.There are a number of consequences to this change in the treatment of Long-Term Capacity:• Infrastructure projects cannot reasonably manage NTS access risk, as mitigation costs are unpredictable and “unbankable”.

  • If at the end of the Initial Application Period there is sufficient Initial Long Term Capacity available to satisfy all applications received in accordance with clause 3.3, Viterra will allocate that Initial Long Term Capacity and accept all Clients’ offers under clause 3.4 in respect of that Initial Long Term Capacity.


More Definitions of Long Term Capacity

Long Term Capacity or “LT Capacity” shall mean capacity reserved for an Entry Point, a Processing Service, a Quality Service or an Exit Point for whole Year(s).
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Long Term Capacity means Capacity allocated for one or more Planning Weeks in the Year in accordance with clause 6.1.
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Long Term Capacity or “LT Capacity” shall mean capacity reserved for an Entry
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Long Term Capacity means any combination of Standard Capacity Products sold via annual quarterly auctions as defined in article 4.5.
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Related to Long Term Capacity

  • System Capacity means the operational capacity of the System at any applicable point in time.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Contracted Capacity means the capacity (in MW AC) contracted with MSEDCL for supply by the successful bidder at the Delivery Point from the Solar Power Project.

  • Reserved Capacity means the maximum amount of capacity and energy that the Transmission Provider agrees to transmit for the Transmission Customer over the Transmission Provider’s Transmission System between the Point(s) of Receipt and the Point(s) of Delivery under Tariff, Part II. Reserved Capacity shall be expressed in terms of whole megawatts on a sixty (60) minute interval (commencing on the clock hour) basis.

  • Technical Capacity means the maximum firm capacity that the transmission system operator can offer to the network users, taking account of system integrity and the operational requirements of the transmission network;

  • Bid Capacity meanss capacity offered by the bidder in his Bid under invitation.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Nameplate Capacity means the maximum electrical generating output (in MWe) that a generator can sustain over a specified period of time when not restricted by seasonal or other deratings as measured in accordance with the United States Department of Energy standards.

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).