Maximum Daily Contract Quantity definition

Maximum Daily Contract Quantity or "MDCQ" means the maximum quantity of Gas in MMBtu, exclusive of applicable Retention Volume, that Shipper may nominate and deliver to Transporter each Day for Firm or Interruptible Service at Receipt Point(s) or Delivery Point(s) or an aggregate of Receipt Points or Delivery Points at a relatively uniform hourly rate over the course of such Day, as specified in a Confirmation or Agency Agreement.
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Maximum Daily Contract Quantity or “MDCQ” means the maximum quantity of Gas in MMBtu, exclusive of applicable Retention Volume, that Shipper may nominate and deliver to Transporter each Day at a Receipt Point(s) or Delivery Point(s) or an aggregate of Receipt Points or Delivery Points at a relatively uniform hourly rate over the course of such Day, as specified in a Confirmation.
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Maximum Daily Contract Quantity have the meaning set forth at Section 3.1.
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Examples of Maximum Daily Contract Quantity in a sentence

  • Customers may annually select Storage Banking Service capacity with a minimum selection of 1 times their Maximum Daily Contract Quantity (MDCQ) subject to the provisions included in Terms and Conditions.

  • The Off-Peak Season demand factor will be applied monthly to each customer’s off-peak Maximum Daily Contract Quantity.

  • The Peak Season demand factor will be applied monthly to each customer’s peak Maximum Daily Contract Quantity.

  • Company reserves the right to refuse to enter into any contract which specifies an unreasonably high Maximum Daily Contract Quantity.

  • The contract will specify, in therms, the Maximum Daily Contract Quantity, the Storage Banking Service capacity and the Firm Backup Service quantity.

  • Xxxxxxx's Maximum Daily Contract Quantity shall be assigned among the primary Point(s) of Receipt set out on Exhibit A, as well as among the primary Point(s) of Delivery set out on Exhibit A.

  • Such Maximum Daily Contract Quantity shall be effective for a one-year period, unless exceeded during the period.

  • The Gas Supply Cost charge shall be the sum of: (1) 0.49 times the Customer's Maximum Daily Contract Quantity multiplied by the Demand Gas Cost (DGC); and (2) the Commodity Gas Cost (CGC) multiplied by the Customer's usage supplied by the Company in the billing period, each such component as applicable in Rider 6, Gas Supply Cost for the billing period.

  • Shipper has the right to nominate quantities up to Shipper’s Maximum Daily Contract Quantity.

  • Usage on any gas day in excess of the Maximum Daily Contract Quantity shall be subject to Unauthorized Use, except that, supply conditions permitting in the sole judgment of the Company, the Customer may elect to establish a new Maximum Daily Contract Quantity, effective with the billing period in which such excess occurs in lieu of payment of these charges.


More Definitions of Maximum Daily Contract Quantity

Maximum Daily Contract Quantity. (or "MDCQ") shall mean the maximum quantity of Gas that Sellers, subject to the terms and conditions of this Agreement, are required and obligated to deliver to Buyer each Day from and after the Full Start Date, which quantity, expressed in MMBtu, shall be one hundred twenty-six thousand five hundred (126,500) MMBtu on a Gross Heating Value basis.
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Maximum Daily Contract Quantity has the meaning ascribed in Clause 5.9(d);
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Maximum Daily Contract Quantity has the meaning given in to it the OSA.
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Maximum Daily Contract Quantity means ***** Standard Cubic Feet per day (***** MMscfd).
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Maximum Daily Contract Quantity or "MDCQ" shall mean the maximum quantity of gas that Company shall receive at the Receipt Point and deliver to Customer at the Delivery Point on any Gas Day. During the Summer Months, Customer's MDCQ
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Related to Maximum Daily Contract Quantity

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

  • 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.

  • Total maximum daily load or "TMDL" means the sum of the individual wasteload allocations for point sources, load allocations (LAs) for nonpoint sources, natural background loading and a margin of safety. TMDLs can be expressed in terms of either mass per time, toxicity, or other appropriate measure. The TMDL process provides for point versus nonpoint source trade-offs.

  • 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.

  • 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.

  • average consumption means the average consumption of a customer of a municipal service during a specific period, and is calculated by dividing the total measured consumption of that municipal service by that customer over the preceding three months by three;

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