MDQ definition

MDQ means the total maximum MMBtu which Company shall be obligated to receive or deliver on a firm basis on any given day on behalf of customer.

MDQ or “Maximum Daily Quantity” shall mean maximum daily quantity of gas LMM commits to provide service for under this Agreement, as described in Part I of Exhibit “E”.

MDQ means the aggregate of the Shipper’s Delivery Point MDQ’s;

Examples of MDQ in a sentence

• The Company shall deliver to the Customer the gas quantity provided by the Customer up to the MDQ level.

• This clause 5 does not vary the MDQ and/or the MHQ for a Delivery Point.

• Pipeline shall not be obligated to, but may at its discretion, receive at any Point of Receipt on any day a quantity of gas in excess of the applicable Maximum Daily Receipt Obligation (MDRO), plus Applicable Shrinkage, but shall not receive in the aggregate at all Points of Receipt on any day a quantity of gas in excess of the applicable MDQ, plus Applicable Shrinkage.

• Determination of DemandThe Maximum Daily Quantity (MDQ) will be initially set by determining the highest monthly average daily usage (HMAD) without normalization and multiplying that result by 1.30.

• Should the Customer's usage exceed the MDQ, the MDQ will be deemed to have changed.

More Definitions of MDQ

MDQ means the maximum quantity of gas (in GJ) which the Service Provider is obligated to receive from a User on any day under the Gas Transportation Agreement between the Service Provider and the User.

MDQ shall have the meaning set forth in Section 3.2 hereof.

MDQ means the maximum quantity of Gas which Seller shall be obligated to supply on a firm basis to Buyer's Delivery Points on a particular day.

MDQ means the maximum daily quantity of Gas which KMLP is obligated to transport and deliver in the aggregate, as specified in the Agreement, except for Authorized Overrun Gas.

MDQ means maximum daily quantity of Natural Gas contracted by the Contractor to the Authorized User.

MDQ or "Maximum Daily Quantity" means during the term of a Customer Order, the maximum daily quantity of gas that may be received and delivered by Company during any day.

MDQ means the maximum daily quantity of gas which Horizon is obligated to receive or deliver at each Receipt or Delivery Point or in the aggregate, as specified in the Agreement.