Examples of Measured Quantity in a sentence
Buyer’s Allocated Quantity on any Day shall be calculated as the product of: (a) the Measured Quantity for such Day; and (b) the quotient of: (i) Buyer’s Scheduled Daily Quantity for the relevant Day; and (ii) the total of the scheduled daily quantities for all deliveries at the Delivery Point for the relevant Day.
Contractor shall be paid for the Measured Quantity only, whether more or less than the estimated quantities in the Schedule of Fixed Prices and notwithstanding the magnitude of any difference.
Allocated Quantity shall be calculated as the Measured Quantity multiplied by Xxxxx's Scheduled Daily Quantity for the Day and divided by the total of the scheduled daily quantity for all deliveries at the Delivery Point for the Day; provided, however, that the Allocated Quantity shall not exceed Buyer's Scheduled Daily Quantity for the Day.
Transporter shall provide through e-mail or post on the Transporter’s website an allocation of the Measured Quantity at each Point to each of the shippers at such Point by 12:00 hours on the Day after the Gas Day.
If a Point is not a Commingled Point, then all of the Measured Quantity at such Point shall be attributed to Shipper at such Point.