Minimum Monthly Quantity definition

Minimum Monthly Quantity has the meaning set forth in Section 3(a).
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Minimum Monthly Quantity means the minimum quantity of Contract Coal, in GJ, which Eskom is entitled to Take Off and which the Supplier is required to Deliver during each Month, being 80% (eighty percent) of the Monthly Quantity;
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Minimum Monthly Quantity means the quantity of Product determined by multiplying the applicable TDCQ, in MCF per Day, by the MPR, by the number of Days in the Month, (i.e. DCQ x MPR x # Days in the Month).
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Examples of Minimum Monthly Quantity in a sentence

  • The Minimum Monthly Quantity for a given Commitment Month shall be the aggregate quantity of Product contemplated in both the Non-Exclusive Forecast and Exclusive Forecast for such Commitment Month.


More Definitions of Minimum Monthly Quantity

Minimum Monthly Quantity means that quantity of Contract Gas calculated by aggregating for each Month, the quantity of Contract Gas equivalent to fifty (50) per cent of the MDQ applicable for each Day of that Month;
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Minimum Monthly Quantity means the arithmetical sum for each Day during any given Month of the quantity of Product nominated for delivery hereunder by Buyer and confirmed by Seller. Notwithstanding the foregoing, and except as excused by events of force majeure as defined in Article XIV or as provided in Paragraph 3.2, the Minimum Monthly Quantity shall not be less than 25 MMcf multiplied by the number of Days in the Month.
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Minimum Monthly Quantity means, for any Month, the Minimum Daily Quantity for that Month multiplied by the number of Days in that Month.
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Minimum Monthly Quantity has the meaning given in Section 5(b);
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Related to Minimum Monthly Quantity

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

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

  • 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.

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

  • 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.

  • 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 volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • 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.

  • 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.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.