Examples of Point MDQ in a sentence
Delivery Point MDQ means the MDQ applicable to a particular Delivery Point.
Service Provider may determine that the relevant Receipt Point MDQ or Delivery Point MDQ under the Transportation Agreement for the remainder of that Contract Year will be equal to the average of the 12 highest daily quantities of Gas delivered or received (as the case may be) made by the User during that Contract Year and the Charges payable by the User will be adjusted accordingly.
An Authorised Overrun is requested by the User as part of the User’s Nomination for the Firm Service by the User requesting an amount greater than the User’s Firm MDQ or relevant Receipt Point or Delivery Point MDQ (as the case may be).
Any charge payable by a User in respect of an Overrun, Imbalance or Daily Variance or other charge specified above is payable in addition to, and not in substitution for, any other charge payable by the User and does not affect the Firm MDQ, Firm MHQ, Receipt or Delivery Point MDQ or Receipt of Delivery Point MHQ (as the case may be) specified in the Transportation Agreement except as provided for in section 2.2.4 of this Access Arrangement.
If the Delivery Point MDQ for a Delivery Point is substituted, the amount payable under the Transportation Agreement will be no less than what was payable prior to the substitutions having been made.
The User may, by giving at least 45 Gas Days written notice before the proposed change, request substitution of all or part of an existing Receipt Point MDQ for a Receipt Point or Delivery Point MDQ for a Delivery Point to another Receipt Point or Delivery Point (respectively) provided the proposed substitution is to a Receipt Point or Delivery Point which has all the necessary facilities required to be located at the applicable Receipt Point or Delivery Point.
An Authorised Overrun is requested by the User as part of the User’s Nomination for the relevant Reference Service by the User requesting an amount greater than the User’s Firm MDQ or relevant Receipt Point or Delivery Point MDQ (as the case may be), which amount must not be greater than 120% of User’s Firm MDQ or relevant Receipt Point or Delivery Point MDQ (as the case may be).
The term "Receipt Point MDQ" shall mean the greatest number of Dekatherms that Transporter is obligated to receive for or on behalf of Shipper on any Day at the applicable Primary Receipt Point.
The aggregate of the Receipt Point MDQ or Delivery Point MDQ (as the case may be) for each Receipt Point or Delivery Point for the Service does not exceed the aggregate of the Shipper’s Receipt Point MDQ or Delivery Point MDQ prior to the inclusion of the additional Receipt Point or Delivery Point.
An Authorised Overrun is requested by the User as part of the User’s Nomination for the Long Term Firm Service by the User requesting an amount greater than the User’s Firm MDQ or relevant Receipt Point or Delivery Point MDQ (as the case may be), which amount must not be greater than 120% of User’s Firm MDQ or relevant Receipt Point or Delivery Point MDQ (as the case may be).