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, specified in a Shipper’s Service Agreement and/or Confirmation that Shipper may nominate and deliver to Transporter each Day at a Receipt Point(s) and that Transporter shall deliver each Day at a Delivery Point(s) at a relatively uniform hourly rate over the course of such Day.
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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.

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

  • 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.

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

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

  • 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.

  • Upon receipt of the Shipper's notice, Panhandle shall post on the Messenger® system for a period of 45 Days ("Posting Period") the Maximum Daily Contract Quantity under the Shipper's Long-Term Agreement and the primary Point(s) of Receipt and Point(s) of Delivery thereunder.

  • 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.


More Definitions of Maximum Daily Contract Quantity

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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Maximum Daily Contract Quantity has the meaning given in to it the OSA.
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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 means ***** Standard Cubic Feet per day (***** MMscfd).
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Maximum Daily Contract Quantity has the meaning ascribed in Clause 5.9(d);
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Related to Maximum Daily Contract Quantity

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

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

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

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

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

  • Maximum Daily Starts means the maximum number of times that a generating unit can be started in an Operating Day under normal operating conditions.

  • 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.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • 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.

  • 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.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions. Member:

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • 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

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • MMBtu means one million British thermal units.