Monthly Delivered Quantity definition

Monthly Delivered Quantity or “MDQ” means, for each month, the aggregate quantity of Conforming SNG produced by the Plant and delivered to and accepted by Buyer and the other Purchasing Utilities, not to exceed the Applicable MCQ for such month.
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Monthly Delivered Quantity means the actual volume of Gas Seller delivered and Buyer received during the applicable Month.
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Monthly Delivered Quantity means the actual volume of Gas Seller delivered and Buyer received during the applicable Month. “Mcf,” “MMcf” and “Bcf” mean thousand standard cubic feet, million standard cubic feet, and billion standard cubic feet, respectively. Standard conditions will be at 14.65 psia pressure, and 60 degrees Fahrenheit temperature.
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Examples of Monthly Delivered Quantity in a sentence

  • The mutual intent of the Parties is to work toward assuring that the Monthly Delivered Quantity for a given Month is within three percent (3%) of the Monthly Contract Quantity for such Month, and that the delivered volume of Gas for each Contract Year is within three percent (3%) of the Monthly Contract Quantity (assuming a 30-Day Month within such Contract Year) for the applicable Contract Year (“Permitted Delivery Range”).

  • On the Payment Date following each Delivery Month, Purchaser shall pay Seller an amount, in immediately available funds in United States Dollars, equal to the Monthly Delivered Quantity for the previous Delivery Month times the Contract Price, such payment to be made to an account specified by the Seller.

  • On or before the tenth (10th) Business Day of each Month, Buyer will furnish to Seller a statement showing the Monthly Delivered Quantity delivered by Seller during the preceding Month.

  • The Base Load Gas Charge shall be the Monthly Delivered Quantity, subject to a cap equal to the Monthly Contract Quantity and further subject to the provisions of Section 7.1(B)(2), times the applicable Base Load Gas Price; provided that the Base Load Gas Charge shall include an appropriate amount representing Seller’s Remedy, if any, as calculated in accordance with Section 2.4(B).


More Definitions of Monthly Delivered Quantity

Monthly Delivered Quantity or "MDQ" means, for each month, the quantity of Conforming SNG produced by the Plant and delivered to Buyer at the Transfer Title Point, not to exceed the Applicable MCQ for such month, as confirmed by the Marketer.
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