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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Related to Monthly Delivered Quantity

  • 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.

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Share Delivery Quantity For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date for such Settlement Date. Net Share Settlement Amount: For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • 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.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.