Examples of Obligated Quantity in a sentence
Table 2 from the Obligation Summary report (published within the Long-Term Summary report) shows the Obligated Quantity Unsold, i.e. the quantity available, which is referred to in UNC as Unsold NTS Entry Capacity.
The Backstopping Gas quantity shall be equal to the shortfall between the Obligated Quantity and the final Scheduled Quantity for the Day of Gas flow.
Table 2 from the Obligation Summary report / Long-Term Summary report shows the Obligated Quantity Unsold, i.e. the quantity available, which is referred to in UNC as Unsold NTS Entry Capacity.
Except for cases of Force Majeure, a mandatory sale of backstopping Gas (“Backstopping Gas”) from FortisBC Energy to Marketer in a quantity equal to the amount of the shortfall will be deemed to have occurred in the event there is a shortfall between the total Scheduled Quantity at the Receipt Point and the Obligated Quantity at the Receipt Point for any Day.
In case such notice is not sent to the Lead ULB, the Concessionaire will be obligated to continue accepting and processing MSW even if the 7-day trailing average of MSW received exceeds the Obligated Quantity for the Cluster.
The Concessionaire will need to inform the Lead ULB, through a written notice, when the 7-days trailing average of MSW quantity received exceeds the Obligated Quantity for the Cluster.
The Concessionaire reserves the right to reject the waste supplied in excess of the Obligated Quantity for the Cluster subject to the 7-day trailing average of MSW quantity received exceeding the Obligated Quantity for the Cluster and the Concessionaire informing the Lead ULB through a written notice.
The Project shall enter into commercial service on COD, whereupon the Concessionaire shall be entitled to receive the Obligated Quantity of MSW from the Participating ULBs and the Project shall be able to inject Contracted Capacity to Grid as per the APERC Grid Code as amended from time to time.
The Concessionaire reserves the right to reject the waste supplied in excess of the Obligated Quantity of MSW subject to the 15days average of MSW quantity received exceeding the Obligated Quantity and the Concessionaire informing the ULB through a written notice.
However, in case of any increase in the MSW being received beyond 130% of the Obligated Quantity of MSW, the ULB shall be entitled to set up a similar facility by inviting bids from other operators subject to providing first right of refusal (FROF) to the Concessionaire to set up such additional facility.