Examples of Monthly Contract Quantity in a sentence
This calculated value will be multipied by the factor of adjustment and converted from Ccf to Dth using the 12 month system average BTU conversion factor and will be called the Aggregated Monthly Contract Quantity (AMCQactual).
The firm service usage shall be determined on a monthly basis to be equal to T the customer’s total consumption not to exceed their Monthly Contract Quantity (MCQ).
Monthly Contract Quantity: for any Month, it is the value, expressed in MWh(25°C), equal to the sum of the relevant DCQ-DPAs of all Days comprised within such relevant Month (“Monthly Contract Quantity DPA” or “MCQ-DPA”).
Therefore the net annual contracted quantity (“Net ACQ”) can be calculated by the Annual Contract Quantity (“ACQ”), which is the sum of the Monthly Contract Quantity (“MCQ”) for each month in that year less: (i) the volume of gas that PTT cannot supply in accordance with the DCQ, (ii) the volume of gas which we are unable to take due to force majeure, and (iii) the volume of gas that we refuse to accept due to quality or pressure shortfalls.
The Monthly Contract Quantity (MCQ) shall bethe quantity awarded each month as set forth in the customer’s applicable service agreement.