Monthly Scheduled Quantity definition

Monthly Scheduled Quantity means the total volume(s) of natural gas consumption per month in MMBtu the Receiving Agency reported on the most recent Exhibit B, filed in accordance with Section 3.03, and which is the amount of natural gas GLO will schedule for delivery to the Receiving Agency for the designated period(s). If no current Exhibit B from the Receiving Agency is on file at the GLO or, if one is filed, does not contain schedules volume(s) of natural gas consumption for a specific time period, the GLO will, in its sole discretion, schedule the volume(s) of natural gas to supply to the Receiving Agency for that period.
View Source
Monthly Scheduled Quantity or “SQ” shall have the meaning ascribed to it in Clause 4.5.1.
View Source
Monthly Scheduled Quantity. (SQ) shall have the meaning as ascribed to in Clause 4.0. aq) “Notified Price” of coal, in relation to a Declared Grade of Coal produced by Seller, the Pithead price notified from time to time by CIL or Seller, as the case may be.
View Source

Examples of Monthly Scheduled Quantity in a sentence

  • For the calculations contemplated by subsections (ii) of sections 4.04 and 4.05, the GLO will, aggregate the Monthly Scheduled Quantity of Index Gas Volume(s) for the Receiving Agency and locations, where the LDC creates or allows a pool, and aggregate the natural gas index volumes actually accepted by the pooled Receiving Agencies at the locations provided for in their respective contracts.

  • For the purpose of making regular supplies, the Monthly Scheduled Quantity (MSQ) shall be one third of QSQ with + 10% variation.

  • Agencies receiving gas through the interconnects at the ATMOS Energy Corporation city gate: For the calculations contemplated by subsections (ii) of sections 4.05 and 4.06, the GLO will, for all Receiving Agencies whose Point of Delivery is the ATMOS Energy Corporation city gate, aggregate th e Monthly Scheduled Quantity of Index Gas Volume(s) and aggregate the natu ral gas volumes actually accepted by th e Receiving Agency.

  • The Monthly Scheduled Quantity (MSQ) shall be 1/12 th of the ACQ.

  • Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (Σ (SQ ± VQ) -Σ DDQ) X 100 Σ(SQ ± VQ) Where: SQ = The Monthly Scheduled Quantity, in Tonnes, for such month; VQ = Increase / decrease over or under the Monthly Scheduled Quantity for such month pursuant to Clause – 3.5.2 and 3.5.3 for such month(s), expressed in Tonnes.

  • In case of supply by Rail, the Parties agree that if the quantity to be lifted by the Purchaser in a month falling within the Monthly Scheduled Quantity is insufficient to form a rake, formation of rake would be allowed by clubbing with the quantity of the next month and so on within the contract period.

  • Level of Delivery with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Delivery (LD) = Σ (DQ+DDQ+FM+RF) X 100 Σ (SQ ± VQ) Where: SQ = The Monthly Scheduled Quantity, in Tonnes, for such month; VQ = Increase / decrease over or under the Monthly Scheduled Quantity for such month pursuant to Clause – 3.5.2 and 3.5.3 for such month(s), expressed in Tonnes.


More Definitions of Monthly Scheduled Quantity

Monthly Scheduled Quantity or “MSQ” shall mean the quantity out of the ACQ scheduled to be delivered every month as provided in PPA/FSA;
View Source
Monthly Scheduled Quantity means the total volum e(s) of natural gas consumption per month in MMBtu the Receiving Agency reported on the m ost recent Exhibit B , f iled in accordance with Sectio n 3.03, and which is the amount of natural gas GLO will schedule for delivery to the Receiv ing Agency for th e designated period(s). If no current Exhibit B from the Receiving Agency is on file at th e GLO or, if one is filed, does not contain volume(s) of natural gas consumption for a specific time period, th e GLO will, in its sole discretion, s chedule th e volume(s) of natural gas to supply to the Receiving Agency for that period.
View Source

Related to Monthly Scheduled Quantity

  • 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.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Scheduled Uptime means the total minutes in the reporting month less the total minutes represented by the Scheduled Downtime.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.