Monthly Contract Quantity definition

Monthly Contract Quantity or “MCQ” for each Month shall be equal to the aggregate of the DCQ in effect for each Day of the Month.
Monthly Contract Quantity or “MCQ” means, for each month, the product of (a) the applicable Seasonal Shaping Factor for such month and (b) one hundred five percent (105%) of the Monthly Annualized Average.
Monthly Contract Quantity. Has the meaning given thereto in Section 5.2.1(c).

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.


More Definitions of Monthly Contract Quantity

Monthly Contract Quantity or “MCQ” means the total sum of all DCQ for each Month, and shall be the basis for calculating Buyer’s Take or Pay obligation as described in Article 2.2(c).
Monthly Contract Quantity means the 10,000 HP-hours per hour multiplied by the number of hours in the applicable month."
Monthly Contract Quantity shall have the meaning set forth in Article 3.2;
Monthly Contract Quantity is the sum of the Daily Contract Quantities for the applicable Month.
Monthly Contract Quantity means an amount of water on a monthly basis not to exceed 7.0 acre feet except in times of an AJWD Emergency.
Monthly Contract Quantity means the 21,000 HP-hours per hour multiplied by the number of hours in the applicable month, excluding any hours during which there is an interruption of Shaft Energy delivery by ECS in accordance with Section 2.4 of this Agreement or a Force Majeure event hereunder.
Monthly Contract Quantity means the amount of electricity (expressed in MWh/hr) as set forth in ATTACHMENT I-A under the heading Monthly Contract Quantity for the applicable month, and which may be adjusted in accordance with the terms of ATTACHMENT I-A.