Monthly Minimum Quantity definition

Monthly Minimum Quantity means (i) for any month during the Start-up Period, the volume of Renewable Hydrocarbons that Seller reasonably believes can be produced at the Facility; [**], and (ii) for any month during the Delivery Term, [**] of the Target Monthly Quantity for such month.
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Monthly Minimum Quantity means [*****].
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Monthly Minimum Quantity means, for any calendar month in the Delivery Term, the product of (a) the Monthly Average Load Forecast for such month and (b) the number of hours in such month.
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Examples of Monthly Minimum Quantity in a sentence

  • For each Gas Day during which Seller fails to confirm Xxxxx's Nominated Quantity in accordance with the notice period of this Section 4.2, Seller shall reduce Buyer's Monthly Minimum Quantity obligation, for the month during which the applicable Gas Day occurred, by an amount in MMBtus equal to the Buyer's Nominated Quantity for the applicable Gas Day.


More Definitions of Monthly Minimum Quantity

Monthly Minimum Quantity for a Month means the Daily Minimum Quantity multiplied by the number of Days in that Month.
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Monthly Minimum Quantity shall be determined as provided in Section 4.1.1.
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Related to Monthly Minimum Quantity

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.