Net Consumption definition
Examples of Net Consumption in a sentence
Subject to the provisions of the Treaty, the Parties shall after completion of sub-phase IA of the Project, from a date to be determined by the PWC and subject to the provisions of Article 7(l) of this Agreement, be entitled annually to the following Net Consumption: KaNgwane - 6,6 million cubic metres at high assurance 120,4 million cubic metres at low assurance South Africa - 139,8 million cubic metres at high assurance 252,5 million cubic metres at low assurance.
If the total payments for Negative Net Consumption within the monthly billing period are less than the total ▇▇▇▇▇▇▇▇ for Positive Net Consumption within the monthly billing period, the Customer shall pay the difference to the Utility.
If the total payments for Negative Net Consumption within the monthly billing period exceed the total ▇▇▇▇▇▇▇▇ for Positive Net Consumption within the monthly billing period, the Utility shall pay the remainder to the Customer.
The ▇▇▇▇▇▇▇▇ for Positive Net Consumption for Usage Periods within a billing period will be netted with the payments for Negative Net Consumption for Usage Periods within the billing period, on the Customer’s billing statement for the billing period.