Minimum Tender Volume definition

Minimum Tender Volume means 0.08 percent of the Available Capacity of the line segment from Minot, North Dakota, to Clearbrook, Minnesota during any month, rounded to the nearest Barrel. Current information on Available Capacity is provided to all Shippers on or about the 10th of each month by Carrier prior to nominations being submitted on or about the 15th of the month. Normal operating capacity is available at https://www.enbridge.com/map#map:infrastructure,crudeInfrastructure. Current information on Available Capacity may also be obtained by emailing ndshipperservices@enbridge.com.
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Minimum Tender Volume means 0.08 percent of the Available Capacity of the line segment from Minot, North Dakota, to Clearbrook, Minnesota during any month, rounded to the nearest Barrel. Current information on Available Capacity is provided to all Shippers on or about the 10th of each month by Carrier prior to nominations being submitted on or about the 15th of the month. Normal operating capacity is available at
Sample 1

Examples of Minimum Tender Volume in a sentence

  • If the total number of New Shippers Nominating for the month exceeds the number of Minimum Tender Volume lots available, space will be allocated to New Shippers by way of a software-generated random process as described in Item 75.

  • New Shippers shall be allocated volume equal to the Minimum Tender Volume of any remaining space not exceeding 5% of total available capacity.

  • However, Carrier is not obligated to make a single Delivery of less than the Minimum Tender Volume.

  • New Shippers shall be allocated volume equal to the Minimum Tender Volume of any remaining space not allocated to Historical Shippers or Committed Shippers.

  • However, in no event shall Carrier undertake to make a single Delivery of less than the Minimum Tender Volume.

  • Suncor understands that the tariff indicates that shippers must meet the Minimum Tender Volume Requirement to qualify for the new rates.

  • However, [C] in no event shall Carrier [N] is not obligated [C] undertake to make a single Delivery of less than the Minimum Tender Volume.

  • Shippers will be entitled to pay the volume discounted rates to Minot, North Dakota if they meet the Minimum Tender Volume Requirement and re-originate such barrels at Minot for further transportation to Clearbrook, Clearwater County, Minnesota.

  • New Shippers shall be allocated volume equal to the Minimum Tender Volume of any remaining space [C]not allocated to Historical Shippers or Committed Shippers [N] not exceeding 5% of total available capacity.

  • The UK Film Council, which is also responsible for film industry statistics in the UK, was set up by the Labour government in 2000.

Related to Minimum Tender Volume

  • Minimum Contract Value means 10% of the Maximum Contract Value.

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

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

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

  • Water quality volume means the volume equal to the first one-half inch of runoff multiplied by the impervious surface of the land development project.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000,(ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Maximum contaminant level (MCL) means the maximum permissible level of a contaminant in water which is delivered to any user of a public water system.